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Old 08-04-2010, 14:13   #139
Xaccers
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Join Date: Jun 2003
Location: Milling around Milton Keynes
Age: 48
Posts: 12,969
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Re: The 2010 General Election Thread: Week 1

Quote:
Originally Posted by Mick View Post
Hmm - The Lib Dems policy on Taxation looks interesting...

Earn the first £10,000 and pay no TAX. Current thresholds are £6,470. So anyone earning less than £10,000 a year pays no income TAX at all.
Sounds good, and a lot cheaper than claiming the tax and then giving it back, however they're going to want their £3,530 from everyone earning over £10K so taxes will go up to pay for it.
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