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| Paul Holmes and Chesterfield Liberal Democrats | <info@paulholmes.org.uk> |
TAX PLANS MOST RE-DISTRIBUTIVE IN 50 YEARS12.00.00am BST (GMT +0100) Wed 20th Sep 2006 Speaking in today's debate on taxation at the Liberal Democrat Party Conference in Brighton, Paul Holmes, MP for Chesterfield, said: "The Liberal Democrat Tax Commission proposals will raise £10 billion from the wealthiest, more than two times as much as our proposals last year. In the past I was a strong supporter of the 50p tax rate on high earners but this policy is out-of-date. Our new proposals are more redistributive. Last year's 50p tax rate would have raised £4.7 billion from the wealthiest but our new proposals will raise £10 billion. Two million of the lowest earners will be taken out of tax altogether and 90% of tax payers will benefit. "I believe that this package is the most radical, green and redistributive tax proposal in the last 50 years and I urge all members of the party to support the proposals unamended."
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Published and promoted by L Bradshaw on behalf of P Holmes (Lib Dem) & Chesterfield Liberal Democrats, all at First Floor, 69 West Bars, Chesterfield, S40 1BA. The views expressed are those of the party, not of the service provider. |