Cable Forum - View Single Post - The traditional CF voting intentions thread, week 1

**Chris** · 28-05-2024, 10:43

The large personal allowance was always a Lib Dem policy, introduced after 2010 via the coalition agreement. I suspect once the LDs were out of government the Tories have been wanting to erode it ever since. But it’s politically easier to introduce a big tax relief than it is to remove one, so it takes time to do so via fiscal drag. The recent burst of inflation will have helped in that aim though.

28-05-2024, 10:43	#173
Chris Trollsplatter Join Date: Jun 2003 Location: North of Watford Services: Humane elimination of all common Internet pests Posts: 38,120	Re: The traditional CF voting intentions thread, week 1 The large personal allowance was always a Lib Dem policy, introduced after 2010 via the coalition agreement. I suspect once the LDs were out of government the Tories have been wanting to erode it ever since. But it’s politically easier to introduce a big tax relief than it is to remove one, so it takes time to do so via fiscal drag. The recent burst of inflation will have helped in that aim though.