Shepway Liberal Democrats
Working for Folkestone, Hythe, Romney Marsh and Elham Valley
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Shepway Liberal Democrats Working for Folkestone, Hythe, Romney Marsh and Elham Valley |
| Shepway Liberal Democrats | <mail@shepwaylibdems.org.uk> |
Labour's Tax Bombshell5.40.58pm BST (GMT +0100) Tue 8th Apr 2008 If you earn between about £5,400 to £16,000 a year, you will notice a tax increase in your pay packet in April. This is because the 10% income tax band has been doubled to 20% by the Labour Government, in a change announced by Gordon Brown last year but only brought into force this month. This extra tax is being used to cut taxes on higher earners. Labour's changes mean that tax cuts for the rich are being paid for by tax increases on the poor. Who would have thought a Labour Government would ever do that? A non-pensioner with taxable earnings of £8000 will pay an extra £170 income tax, while someone earning £50,000 will have a tax cut of £340.
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Published and promoted by Darren Briddock on behalf of Lynne Beaumont and the Shepway Liberal Democrats, all at Unit 17, Kengate Industrial Estate, Dymchurch Road, Hythe CT21 6LU The views expressed are those of Shepway / Folkestone and Hythe Liberal Democrats, not of the service provider. |
