Restoring the 10p tax rate would be fair and simple
MPs will today debate taxes and the living wage – in particular, my campaign to restore the 10p rate of income tax. For Conservatives, a ‘starter’ rate of 10p would help us to counter the Labour war-cry that the Coalition is only interested cutting taxes for millionaires. It would prove to the electorate, that this Government is on a moral mission to help the poor, by boosting the cash income of a worker on minimum wage by more than £250 a year. As Tim Montgomerie puts it: ‘We must declare very loudly and clearly that tax cuts for the working poor will be our priority as the economy picks up.’ As
