Clegg sets out the Lib Dem approach

Nick Clegg’s giving a speech tonight in which he outlines the Lib Dem’s approach for dealing with the downturn.  You can read the full thing here, but it’s centred around these passages on taxation and borrowing:

“How should Britain deliver economic stimulus? We hear talk of tax cuts emerging from Downing Street, but they are likely to be small, and short term. Funded through borrowing, the money will have to be paid back later. So it’s meagre tax cuts today, giant tax rises tomorrow from Brown.

Most popular

Michael Gove

‘I’m a new kind of Christian’: Jordan Peterson on faith, family and the future of the right

Meanwhile the Conservatives want a piffling incentive for businesses to take on new workers that won’t put a penny in the pocket of a single family in Britain…

…Liberal Democrats would reduce basic rate income tax by 4p in the pound. That would give nearly £1000 back to a worker on £30,000 a year.