Monday, April 20, 2009

Bang on the money

I've been rather busy of late so not much time to blog, but I am breaking my silence to say a massive WELL DONE to Vince Cable and Nick Clegg for their announcement on tax.

Raising the threshold to £10K - giving every low and middle earner 700 quid back into their pockets - is exactly the right way to rebalance our monumentally unfair tax system.

It gives spending power to those for whom it will make a real difference and reduces disincentives to work at lower income levels.

And it is paid for not by punitive tax increases at the top end but by common sense reforms that make the overall system fairer.

AND it gives us a simple, easy to sell message for our leaflets and on the doorstep.