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Re: Tory economic policy (or lack of?)
Quote:
Originally Posted by Xaccers
The suggested income tax cuts (remember, this is not Tory policy at the moment, only the result of research) would aid the lowest paid by reducing the tax on people earning less than £30odd K a year, while still taxing income above that threshold at 40%.
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Lowering the amount that low earners need to pay sounds good to me. However, the recommendation is for £21bn in tax cuts. Where will the money come from, or more specifically, what areas will see reduced funding?
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