HC Deb 21 March 1974 vol 870 c1314
22. Mr. George Gardiner

asked the Chancellor of the Exchequer whether he will take steps to protect the incomes of retired people from the effects of Her Majesty's Government's promised proposals for the redistribution of wealth.

Dr. Gilbert

I have noted the hon. Member's view.

Mr. Gardiner

Will not the Financial Secretary recognise the great anxiety felt by many people who have saved for their retirement, particularly in view of the Chancellor of the Exchequer's own attack on his predecessor's so-called tax handout to the wealthy, 30 per cent. of which went to people in retirement?

Dr. Gilbert

The whole House and the country will be grateful for the hon. Gentleman's simple identification between the party that takes care of those with wealth and the party that takes care of those that have no wealth.

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