The Finance Bill 2015: an exercise in democratic failure

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If you want to know whether UK politicians hold parliament in contempt or not then the evidence from today is pretty compelling.

The Finance Bill 2015 was published this morning. With notes there is 267 pages of it. And it will be law by Wednesday night. One day is being allocated to debate on it. And that includes all the scrutiny the new, and badly drafted, Diverted Profits Tax will get.

Of course you can say some of this was published in draft in December. But parliament did not discuss it then. So the tax profession has had much more time to comment than MPs have.

Maybe that's what the Treasury thinks appropriate. I do n0t. This is contempt of parliament. I wish the opposition said so loud and clear and refused to cooperate, as it could.


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