HC Deb 12 February 2002 vol 380 c249W
Matthew Taylor

To ask the Chancellor of the Exchequer what estimate he has made of the change in the ratio of(a) income tax revenue and (b) national insurance revenue to GDP if GDP is (i) 1 per cent. above trend and (ii) 1 per cent. below trend in (1) the first, (2) the second and (3) subsequent years; and if he will make a statement. [34540]

Mr. Andrew Smith

The Government's estimate of the impact of the economic cycle on the public finances is set out in "Fiscal policy: public finances and the cycle" (HM Treasury, March 1999).