The Tories’ tax question
So should the Tories announce tax rises ahead of the next election? According to Andrew Grice in today’s Independent, they’re certainly thinking about it: “There is a growing recognition among shadow Cabinet ministers that, if they win power, spending cuts could only be half the picture, as they would also need significant tax rises to fill the black hole in the public finances. That is why Mr Cameron and George Osborne won’t rule out tax increases. The big debate among the Tory high command now is whether to announce some tax increases before the general election. Mr Cameron is reluctant to unveil a detailed ‘shadow Budget’. But there appears to
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