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WILLIAMS SUPPORTS NICK CLEGG’S CALL FOR TAX CUTS FOR LOW AND MIDDLE INCOME WORKERS

January 26, 2012 10:17 AM
Originally published by Roger Williams MP

Brecon and Radnorshire, Liberal Democrat MP Roger Williams has welcomed today's call by the Deputy Prime Minister to raise the income tax threshold to £10,000 sooner than originally planned.

The Government increased the tax allowance by £1,000 in the 2010 Budget, from £6,475 to £7,475. This year we have already announced a planned rise of an additional £630, to take the allowance up to £8,105. Meaning that a total of 1.1 million more people will no longer pay income tax at all.

Commenting Roger Williams said:


"This commitment was a cornerstone of the 2010 Liberal Democrat manifesto and indeed the coalition agreement and it is fantastic that even in these difficult economic times we can cut taxes for working families.

"The tax system we inherited from the Labour government was a mess, we were in the perverse position where a high wealth individual was paying proportionally less income tax than his or her cleaner. In government we are re-casting the tax system so that those with the broadest shoulders take the largest burden."