HC Deb 24 January 1985 vol 71 c496W
19. Mr. Tony Lloyd

asked the Chancellor of the Exchequer if he will make a statement about the impact of tax cuts on unemployment.

Mr. Ian Stewart

Income tax cuts will stimulate initiative and enterprise, ease the unemployment and poverty traps, and exert a moderating influence on wages. This provides the best route to a sustained increase in output and employment, and reduction in unemployment.