David Cameron on rewarding work
Prime Minister David Cameron writes:
 It's your money, not the Government's - and so you should keep it. That is why I believe in cutting taxes. Since 2010, we've cut income tax for over 24 million people, with an average saving of £705 - and after the next election, we'll go further. We'll take everyone who earns less than £12,500 out of income tax altogether - and raise the 40p tax threshold, so that no-one earning less than £50,000 pays it. As a result, 30 million people will keep more of the money they earn. And we will do this while reducing the deficit. Over the last five years, we've halved the deficit while cutting income tax. And in the next Parliament, we'll do the same again: eliminating the deficit while reducing your taxes. After years of sacrifice, the British people deserve a reward. People whose hard work and personal sacrifices have got us through the difficult times should come first. But Ed Miliband and Nick Clegg have confirmed they will tax people more. Only the Conservatives are committed to cutting taxes and building a Britain that rewards work. So at this election, we'll be fighting for lower taxes - because the financial security of every family in our country depends on it. Join the fight by signing up to Team2015 today and taking part in one of 100 action days happening around the country this weekend:   Yours, 
David Cameron"
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Comments
cutting income tax, well you did raise the tax free thrshold so i now get to keep £38 per week of the money I earned all by myself, yeah, thats true, and you are proposing now to allow me to keep £48 of it instead. How nice.
You want a better tax system, ok then, scrap NI, VAT, Inheritance Tax, Stamp Duty and council tax, and replace with 3.5%LVT
then introduce a flat rate 20% Income tax
get rid of tax free thresholds and just pay everyone £75 per week,
Job done.
"Any references to the UK's budget deficit being halved which may appear or be quoted on this blog should be understood to mean that the deficit as a proportion of GDP has halved.
In absolute terms it has dropped by a little over a third.
The Office of Budget responsibility has stated that, quote,
'Relative to GDP, the budget deficit has been halved to date, thanks primarily to lower departmental spending (both current and capital) and lower welfare spending.'
The deficit peaked in Labour's last financial year in office, (2009/10) at £153 billion and this financial year (14/15) it is expected to out-turn at £91 billion.'
As I also said at the beginning of the month, two things are quote obvious about about this
1) the present government has made significant progress in cutting the deficit, and vastly better than a Labour government would have done, but
2) the deficit is still much, much too high.
1) Yes, the present government have cut the deficit much more than a labour government would have, but come on, its like saying I can dig over my garden much faster with this trowel than i could with a teaspoon.
Your point 2) really sums that up, its way to high and has not been cut enough.
I can help though, I am more than happy for the Conservative party to steal my amazing tax policy outlined above, its great. It would also help reduce the deficit and would also reward work, whats not to like?