I say in my political column this week that Cameron must “offer tax cuts before Brown does” – and seems I may not have to wait long before David Cameron repays my faith in him. Patrick Hennessy says in the Sunday Telegraph today that the Tories are planning an employment-orientated tax cut financed by spending cuts. As the FT said on Saturday that Darling could be mulling some £15bn of tax cuts, there was a danger that the Tories could be the only party in Britain not proposing to let people keep more of their money. Cameron was in danger of falling into the trap which ensnared John McCain.
McCain didn’t think for a moment that the tax-cutting agenda could ever be stolen from the conservatives. He was wrong. Obama put tax cuts at the front and centre of every speech he made, even if this wasn’t much reported in Britain.

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