TaxAdministrationTory tax-cut plans under fire

Tory tax-cut plans under fire

Michael Howard's tax-cut pledges are thrown into doubt by a Tory colleague.

Conservative leader Michael Howard is facing a barrage of questions over his tax cut plans after his shadow cabinet minister John Redwood said the proposed cuts would be ‘just a down payment’.

Link: Letwin attacks Labour over tax

The Observer reports that Redwood’s promise that there would be more cuts if all went ‘well’ has sparked scepticism about the feasibility of Conservative plans. The Tories have said they will fund a £4bn tax cut by making savings of £35bn across Whitehall.

Vince Cable, Liberal Democrat economic affairs spokesman, was reported as saying that the nobody believed the Tories could achieve the proposed tax cuts.

‘They are making promises they won’t keep with money they haven’t got,’ Cable was quoted as saying.

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