Lib Dems announce new tax policies that hit polluters
Liberal Democrat leader Sir Menzies Campbell has unveiled a radical shift in his party's approach to tax policy with a 2p cut in the basic rate. He said the proposals would raise about £20bn elsewhere to fund the cut which would be raised by higher green taxes announced earlier in "Green Switch". Plans to raise taxes to 50p in the pound for high earners have gone. Instead of being the party of higher overall taxes and spending, the Lib Dems will now champion "fairer, simpler and greener taxes".
8 Jun 2006
