A Conservative government would not rule out raising taxes in order to shrink the UK's soaring deficit, shadow minister Ken Clarke has said.The shadow business secretary told the Sunday Telegraph it would be "folly" to rule out increases, including on VAT, alongside cuts in public spending. "Coming out of a recession when you have such a severe deficit, you can't rule out putting up taxes," he said.
A Conservative government would not rule out raising taxes in order to shrink the UK's soaring deficit, shadow minister Ken Clarke has said.
The shadow business secretary told the Sunday Telegraph it would be "folly" to rule out increases, including on VAT, alongside cuts in public spending.
"Coming out of a recession when you have such a severe deficit, you can't rule out putting up taxes," he said.
Coming out of a recession...
The USA's turn for dark political comedy will come in November. I have little hope it will be less of a farce. But our farce is likely to top yours if only because it is so much larger in scale. What glorious leaders we both have. As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
Expect Ken to be sidelined pretty soon. keep to the Fen Causeway
NuLab's greatest achievement was to demonstrate that they could announce the same money for the same project 3 times in 18 months and get a great headline each and every time. All they want to do is be in charge of the news cycle, they don't want to do anything. Except perhaps line their own pockets.
How will tories do anything, they'll cut services for anybody who earns less than than the average wage. Poor people will get screwed especially hard, people claiming unemployment will be harrassed more because they're scroungers.
Meanwhile they'll put normal people's taxes up. Increasing VAT is a great way to increase inequality because it falls harder on the poor and average wage earners. I imagine that anyone on a salary, however high will find their taxes increasing. After all, the tories don't get salaries cos they own companies, collect dividends or have (tax free) bonuses. Tories don't pay tax, that's what accountants are for.
It won't actually achieve anything, but it will look like activity with purpose and that's all that's necessary. keep to the Fen Causeway
