Taxing issues
As readers will be aware this blog yields to no man in its admiration of David Davis, and the hope that he will triumph against Charlie Cameron.The Telegraph made me laugh though.
The Davis team is trying to capitalise on what it feels is Mr Cameron's vagueness on tax policy
Good idea. Don't want Vagueness. What will Decent Dave do that Dodgy Dave won't?
Mr Davis, whose pledge would commit his party to "spend wisely, cut taxes, generate growth", raises the prospect of slashing the basic rate of income tax by eight pence to 14 pence in the pound. Alternatively, the cuts could be shared out by allowing inheritance tax, stamp duty and capital gains tax to be abolished completely.
Well you can't say he's vague, can you? To be honest this sounds like a Telegraph wish list rather than anything DD would really do. What happened to reducing borrowing?
I suppose we should be grateful that unlike the two millionaires, he's not planning a middle-class destroying flat tax.
posted by Matthew @ 10/28/2005 09:43:00 AM
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