Minimum Wage Liberal Democrats want to build a stronger economy and a fairer society. Back in August, Vince Cable asked the Low Pay Commission to consider how the minimum wage may be able to rise further and faster. From April low and middle earners will feel the benefit of the Liberal Democrat income tax cut that will save them over £700 a year compared to 2010, but we want to go further by delivering a ‘workers’ bonus’ that would increase this tax cut to over £800. The Conservatives have set out their priorities- cutting inheritance tax for millionaires, which we blocked, and lowering the top rate of tax. On the other hand, when they were in power, Labour abolished the 10p tax rate and in opposition they do not have anything resembling a credible economic plan. Only the Liberal Democrats can build a stronger economy in a fairer society which enables everyone to get on in life.
Posted on: Mon, 20 Jan 2014 09:47:10 +0000
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