Radical tax cut plans shake Cameron
Conservative think-tank has Cameron nervous over tax cuts
A Conservative Party policy review body that is preparing to announce plans
for billion-pound tax cuts has reportedly rattled the party’s leader David
Cameron.
The Tax Reform Commission, set up by the Conservatives to propose options for
simpler taxes, has apparently come up with a plan to cut taxes by £19bn a year –
a far more radical proposal than the Tories wanted or planned.
The proposals are believed to have rattled Cameron and shadow chancellor
George Osborne, who both fear that the electorate may view the cuts as
inevitably leading to a cut in social spending.