Fraser Nelson

Cameron talks tax

Cameron talks tax
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David Cameron has an interview with tomorrow's FT where he comes up with lots of reasons why there will be no tax cuts. Here's the gist.

1. The tax burden is a not a useful yardstick to judge a government by. As he says: "Using the tax burden is never a good idea because you can reduce or increase the tax burden depending on what you do with government borrowing. It is not a good measure of our success.”

2. The “success” of a Conservative government should be judged not on

tax cuts but on whether it delivered economic stability.

3. Public finances are in a “bad state” although that does “not necessarily” mean tax cuts would be impossible in the first term of a Conservative government. (ie, an attempt to roll back on Hammond’s suggestion there will be no tax cuts until 2015).

4. Asked whether he expected the prime minister to fight the election on a platform of “competence”, he replied: “Bring it on.”

Isn't "bring it on" what George W Bush said to the Iraqi insurgents? Anyway, to sum up: you may hate the amount of tax you pay, but there will be no option at the next election to vote for a party that would reduce it. Unless that nice Mr Clegg has some plans...

Written byFraser Nelson

Fraser Nelson is the editor of The Spectator. He is also a columnist with The Daily Telegraph, a member of the advisory board of the Centre for Social Justice and the Centre for Policy Studies.

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