Chancellor abandons fairness to hit lowest paid - Campbell (Stone Liberal Democrats)

Chancellor abandons fairness to hit lowest paid - Campbell

March 21, 2007 6:26 PM

Liberal Democrat Leader Menzies Campbell has slammed Gordon Brown's eleventh Budget for raising income tax for the lowest paid. "The big increase in taxation is a doubling of the starting rate of income tax rate. The income tax changes announced in the budget will mean that anyone earning less than around £15,000 will pay more in income tax." said Ming.

"The 2p cut in the basic rate is welcome, but let us be clear this is an income tax cut for the wealthy dressed up as a tax cut for the poor.

"While the Chancellor has taken some of the key headline policies from the Liberal Democrats, he has got the fundamental point wrong, we need tax cuts for the low and middle income earners now.

"Those on low incomes will now experience even higher rates of taxation and this will do nothing to increase incentives to work."

In his speech to Parliament Menzies Campbell accused Gordon Brown of not doing enough for the hard working families, young professionals, nurses or police officers struggling with rising living costs.

Stone Liberal Democrats