Budget 2015 - Income tax thresholds raised

 
If you want to make sure income tax cuts benefit the poor and not just the rich, the most effective way to do it is to raise tax thresholds so that workers in the least well paid jobs are taken out of income tax altogether. That is what this government has done, and today's budget included further rises in income tax thresholds. 
 
The last Labour government doubled the income tax rate on the least affluent workers by scrapping the 10p tax rate. This government has eliminated the income tax rate for thousands of the least affluent workers by taking them completely out of the income tax net.

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