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David Ward MPMember of Parliament for Bradford East@DavidWardMP on Twitter and Facebook |
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David Ward MP <>
Fair Taxes: a tax cut for 2 million people on low and middle-incomes
Now is the time to push ahead faster with the plans to cut income tax as they will offer real relief to families struggling with increasing food and fuel prices.
Successive Labour and Conservative Governments have increased the burden on the least well off for years. They've failed to make big business and the super rich pay their fair share.
Thanks to Liberal Democrats, more than a million of the lowest paid people have been lifted out of paying tax across the country and 25m more have received a tax cut. These are part of the Liberal Democrat commitment that no one should be paying any tax over the first £10,000 they earn.
From April, 105,000 people in Yorkshire and the Humber will have been lifted out of paying tax altogether and two million basic rate tax payers will receive a £130 tax cut.
Liberal Democrats will not stop there: in April 2013, the Income Tax threshold will be raised to £9,205 bringing the total tax cut for basic rate tax payers to £546.
In Yorkshire and the Humber, that means that a total of 179,000 people will have been lifted out paying Income Tax and 1.8m will get another tax cut.
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