TaxCorporate TaxLibDem government would not raise taxes

LibDem government would not raise taxes

LibDem leader Charles Kennedy pledged no overall increases in personal or company taxation as he launched his draft general election manifesto a week before his party's annual conference in Bournemouth.

Link: LibDems propose scrapping of DTI

But he and shadow chancellor Matthew Taylor retained plans to increase income tax on those receiving £100,000 more a year to 50%, to be spent scrapping university fees, care charges for the elderly, a higher pension for the over-75s and easing in local income tax in place of council tax.

Taylor said there would be ‘green taxes’, instancing a switch from Air Passenger Duty on passengers to a tax on aeroplanes to encourage more efficient use, but promised these would not be designed overall to increase taxation.

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