Ed Miliband steps up his bid for the Labour leadership today by promising substantial tax cuts for any company prepared to guarantee a “living wage” of at least £7.60 an hour. The commitment is designed to appeal to the party’s core supporters who believe New Labour took insufficient measures to
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TimWorstall on 22nd Aug 2010 (via timworstall.com)
Times have changed, voters want the pendulum to swing back from spending towards tax cuts. Rumours are circulating in the Westminster Village that Gordon and Alastair are preparing to announce tax cuts. Which will, even if they are only rhetorical tax cuts, in a stroke make Dave and George look ridiculous as both Labour and the LibDems promise tax cuts and the Tories are left high and dry stranded...
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Samizdata on 9th Nov 2008 (via samizdata.net)
Cable and Clegg are already calling for 'em, Brown and Darling are dumping dogma to talk about helping Britain through the recession with tax cuts, Osborne and Cameron are going to announce their tax relief plan tomorrow. Tax cuts are the new black. Meanwhile over in Wapping, Danny Finkelstein said yesterday that Guido is "eccentric" in campaigning for populist tax cuts. Perhaps we have differing ...
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GuidoFawkes on 10th Nov 2008 (via order-order.com)
And so we come full circle (almost), with a call for tax cuts for the working middle classes. Don't get me wrong, I'm not opposed to tax cuts per se, and firmly believe that government should not be spending money where individual choice might be more effective. However, promising tax cuts implies that you have a pretty good idea as to the role of government. I'm yet to be entirely convinced
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LiberalBureaucracy on 7th Sep 2008 (via liberalbureaucracy.blogspot.com)
Setting: The Future The government today announced that a new tax to be imposed on money gained from previous tax cuts. Speaking outside the Treasury, the Chancellor said: “After introducing our tax cuts last year we found that people had more money. That increase in income led us to believe that we should tax it. If we didn’t give
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BenjaminGray on 27th Nov 2008 (via benjamin-gray.com)
The Conservatives now have two whole policies: giving massive inheritance tax cuts to millionaires; offering tiny tax advantages for marriage*. But what values link these two ideas together? For example, Liberal Democrat plans to close tax loopholes for the richest, tax pollution and tax multi-million mansions will fund tax cuts of £700 for everyone on low and middle incomes (so you can make...
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LoveAndLiberty on 26th Jan 2010 (via loveandliberty.blogspot.com)
The Conservatives now have two whole policies: giving massive inheritance tax cuts to millionaires; giving tiny tax bribes for marriage*. But what values link these two ideas together? For example, Liberal Democrat plans to close tax loopholes for the richest, tax pollution and tax multi-million mansions will fund tax cuts of £700 for everyone on low and middle incomes (so you can make your ...
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LoveAndLiberty on 26th Jan 2010 (via loveandliberty.blogspot.com)
George Osborne today claimed that the tax cuts expected to be announced by the government on Monday would fail politically and economically. In an interview with the Financial Times, the shadow chancellor said using borrowing to fund significant tax cuts would not increase support for Labour. The prime minister, Gordon Brown, and the chancellor, Alistair Darling, believe large cuts are necessary t...
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Guardian on 21st Nov 2008 (via guardian.co.uk)
Can a funded tax cut help create jobs and activity? Does a tax cut have to be unfunded to work its magic of reflating an economy? This is the new idiocy in Labour’s view of the economic debate. To them an unfunded tax cut – a tax cut which means the state has to borrow more
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JohnRedwood on 20th Nov 2008 (via johnredwoodsdiary.com)
Does George Osborne understand why taxes should be cut or is merely playing to the gallery!?! If he promised to increase the basic personal allowance to #10,000 and scrap Gordon's tax credits, he would galvanise support! Labour "fears" about how such tax cuts would be funded can be easily rebuffed - increase borrowing;)
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NotProudOfBritain on 28th Dec 2008 (via notproudofbritain.blogspot.com)
The Obama administration is reviewing a compromise tax proposal that would drop tax cuts for the wealthiest Americans but introduce tax breaks for business
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FT on 11th Nov 2010 (via ft.com)