Posts Tagged “national insurance”

The graph which shows why the Lib Dem policy of raising the personal allowance is the wrong priority

by Stephen Tall on December 2, 2014

Here’s a graph which should make Lib Dems who continue to advocate increasing the personal allowance as an effective way to help low- and middle-income earners sit up and pay attention. It’s from the Resolution Foundation’s report, Missing the target: tax cuts and low to middle income Britain, published yesterday. What it shows is which […]

‘Tax cuts in tough times’ – what I said at the Resolution Foundation

by Stephen Tall on December 2, 2014

I spoke yesterday (alongside The Times’s Tim Montgomerie and The Guardian’s Polly Toynbee) at the Resolution Foundation event, Tax cuts in tough times. This marked the publication of their new paper, Missing the target: tax cuts and low to middle income Britain – (…)

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Lib Dems pledge more tax cuts: after personal allowance raised to £12.5k will also increase National Insurance threshold

by Stephen Tall on August 14, 2014

Today’s big announcement from the Lib Dems has been the “plan to cut your tax bill further”. Here’s how The Guardian reports it: The Liberal Democrats are to burnish their credentials as the tax-cutting party for the low paid by floating the possibility of cutting national insurance contributions for anyone earning below £12,500 a year. […]

IFS verdict: Labour’s 10p tax idea “has no plausible economic justification”

by Stephen Tall on February 15, 2013

Ed Miliband’s announcement yesterday that Labour will re-introduce a 10p starting rate of income tax paid for through the introduction of Vince Cable’s mansion tax has received a tepid response from the Institute for Fiscal Studies. The IFS put out a note yesterday headed simply, Better options exist to help low earners than 10p tax […]

Vince: Labour and Tory plans “would drive public finances into the ground”

by Stephen Tall on April 1, 2010

The Tories’ pledged this week to reverse Labour’s National Insurance tax rises by increasing the UK deficit. Today Labour’s Lord Mandelson accused the Tories – seemingly without a trace of irony – of “peddling deception”.
The Lib Dems’ shadow chancellor Vince Cable is having no truck with the Labservative approach:

Labour and the Tories are as bad […]