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This year we’ll will collect a little less than £170bn of income tax, roughly a third of all tax receipts. We’ll also forego, through reliefs about £30bn of income tax. Spread evenly amongst the population that £30bn would deliver to every…
Writing in the Telegraph last month John McTernan picked up an idea which had earlier been floated by Sam Coates in the Times. It offered to those who would like to see the back of Corbyn the tantalising prospect of being able to oust him…
“We won’t oppose the household benefit cap [or] what [the Conservatives] brought forward in relation to restricting benefits and tax credits for three or more children… People don’t want us to do blanket opposition. They want us to actually…
The Tories are starting to make a habit of stealing Labour’s tax clothing. First, came Labour’s proposals for penalties for those who had engaged in abusive tax avoidance. Ed Balls called for them here, adopting what I had called for…
This tax year the highest earning 5,000 people in the United Kingdom will pay around £9bn of income tax. That amounts to around 5% of the total income tax paid. And it is Labour’s intention, should it be in Government, that this burden on…
This morning David Cameron tweeted out the Conservatives 'Five Year Tax Lock'. Here it is: What our five year tax lock means for you. pic.twitter.com/fRT6Hp7BZX — David Cameron (@David_Cameron) April 29, 2015 Others have made the argument…
