From Dorneywood, the sound of options closing
Article Abstract:
Public spending will be a key issue in the UK government's next budget, which will be its last budget before a general election. Spending plans must be drawn up in such a way that they will appeal to voters and also place the Labour party in an unfavourable position. The budget must convince voters and financial experts that the government will be able to fund any tax cuts planned, and must also put forward detailed tax and spending plans which will cause problems for the Labour party.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
A hammer to crack the work incentive nut
Article Abstract:
The Labour party has clashed with the Institute of Fiscal Studies over the relative merits of low tax bands and raising allowances. Labour plans to reduce the starting rate of tax to 15%, or possibly even 10%, regarding this as fairer than raising tax allowances. Linking this with benefit changes will, the party believes, assist low earners and encourage people to seek employment. However, reducing VAT would actually be a much more effective way of making the tax system fairer.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Science, the new religion? From Luther to cyberspace: how the Word spread. The dean, the verger and her fantasy
- Abstracts: How the Post Office can be set free. Can we learn to love excessive profits?
- Abstracts: Last stand of man who hooked millions. Crippling legacy of interminable civil war. Indian turns its back on Western ways
- Abstracts: Ten years on, will the bull market end in another crash? Premium price for the cafes that painted the town red
- Abstracts: Singing that old tax-cutting tune. Two nations, one language: reform