IDS sticks with tax-cutting pledge
Tory leader Iain Duncan Smith has pledged that a future Tory government would cut taxes.
Link: Shadow chancellor blasts Labour’s record on tax
He attacked Labour record of increasing taxes by stealth in his keynote speech to the Conservative Party Conference in Blackpool.
Duncan Smith said: ‘Being a taxpayer has become the hardest job in Britain. At the heart of the Conservative Party’s fair deal will be a fair deal for taxpayers.
‘Across the world, our competitors are cutting taxes because tax cuts create jobs, wealth and growth. But in Britain the tax burden is rising and its rising fast.
‘We’ll be tough on tax and tough on the causes of tax.
IDS pledged a war on Whitehall waste and bureaucracy, adding: ‘This Labour government will never give taxpayers value for money but Conservatives will. We will always be a lower tax government than Labour.’
‘And yes – we plan to cut taxes.’