Tory alliance wants Cameron to ease up on spending plans in current economic climate so he has room to introduce tax cuts
Accountancy Age, 14 Jan 2008
Tory leader David Cameron has been urged to ease back on spending plans so the party can go into the next election with a strong set of tax cuts.
A group of Conservative supporters want Cameron and shadow chancellor George Osborne to move away from trying to match or beat Labour spending plans in the current uncertain economic climate, so they have leeway to announce tax cuts, reports The Daily Telegraph.
Activists' website ConservativeHome is organising the campaign, and is also backed by the Independent Taxpayers' Alliance.
Tory MP and Treasury Select Committee vice chairman Michael Fallon backed the call for lower public spending.
Tim Montgomerie, the editor of ConservativeHome, said: 'If George Osborne is unwilling to reduce the speed at which Labour's state is growing, there will be no room to reduce council tax - the nation's most unpopular tax.'
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