Why not simply not take the tax in the first place?
I agree entirely, tax credits are a ridiculous idea and we just need a genuine progressive income tax. This is one of the things that has always attracted me to the Lib Dems. Having discarded the 50% rate and now promising tax cuts it seems they are moving away from this.
I've just read Make It Happen and I find myself in agreement with it. By it's nature it is very vague though. Perhaps they will be able to cut some big unpopular programmes like ID and Trident, introduce some new green taxes and have some money left over for tax cuts without effecting services. I doubt it.
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
momijizukamori
no subject
Date: 2008-Sep-16, Tuesday 12:22 (UTC)I agree entirely, tax credits are a ridiculous idea and we just need a genuine progressive income tax. This is one of the things that has always attracted me to the Lib Dems. Having discarded the 50% rate and now promising tax cuts it seems they are moving away from this.
I've just read Make It Happen and I find myself in agreement with it. By it's nature it is very vague though. Perhaps they will be able to cut some big unpopular programmes like ID and Trident, introduce some new green taxes and have some money left over for tax cuts without effecting services. I doubt it.