For the many, not the few (Libdems)
A £3.5bn tax cut for working people
* Biggest single ever uplift in the tax threshold
* 21 million working people getting an extra £220 tax cut
* Tycoon Tax raises FIVE times as much from the super-rich
The Liberal Democrats have ensured this is a budget for the millions not for
the millionaires, delivering a £3.5billion tax cut to average working people.
That’s why the biggest move in this Budget is a tax cut for ordinary workers,
going further and faster towards the Liberal Democrat goal of making the first
ten thousand pounds you earn tax-free. From the front page of our manifesto
directly to the pockets of working people.
Thanks to Liberal Democracts, people working full time on the minimum wage,
will have seen their income tax bill cut in half.
We have delivered on Nick Clegg’s pledge to go further and faster on the
personal tax allowance. This means that 21m basic rate taxpayers will get an
extra £220 cut in their income tax bills and a further 840,000 people will be
taken out of paying income tax altogether.
* This Budget brings the personal …
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