Wednesday, March 21, 2012

Tax Free Allowance - Benefit


Telegraph: Reports that the tax free allowance is to raise to 9,205, this means that people have to reach this level before they pay tax, this will benefit from the report twenty four million people. This is a good news day for the Liberal Democrats, this is one of their main polices, the aim is to get the level to ten thousand, it should reach that by the end of the Parliament. Lets see the Labour Party attack this policy. In his response the Labour Leader Ed Miliband went for the class warfare attack, thus the scrapping of the 50p rate, he is following the Obama play book, difference Obama has an election in 2012, Mr Milliband has to wait in till 2015, events, events can change the political ground, what might work now might not work in a few years time.

No comments: