Conservative tax policy at the last election was gimmicky, George Osborne,
the shadow chancellor, is to say.
‘We have tended to produce tax cuts like white rabbits out of the magician’s
hat just weeks before polling day, so that they look and feel like election
gimmicks,’ Osborne will tell the Social Market Foundation this evening.
Osborne is also to give strong support to the idea of a flat tax system
during the speech, newspapers reported, arguing that ‘flatter, simpler and lower
taxes’ will be his aim.