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Public Bill Committee: Finance Bill: Clause 40 - Carried interest (15 Oct 2015)

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David Gauke: I very much look forward to debating this matter in future. I have said what I wanted to say. The Government are determined to ensure that income is taxed as income, and we have narrowed the gap between the rates of income tax and capital gains tax. I think that we are getting the balance right and we see that in the clauses we are considering today.

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