David Burrowes: It’s time to make work really pay for low-income families
Cripplingly high effective marginal tax rates, and other imbalances, are skewing the tax system against the things we care about.
Cripplingly high effective marginal tax rates, and other imbalances, are skewing the tax system against the things we care about.
It’s not hard to find reasons to be frustrated with the Government, but we are still delivering for the British people.
Security, cohesion, integration, solidarity: all are intangible. But we pay – literally – to gain them. Why single out self-government?
There is a fundamental human need and desire to know more about the universe, to engage with it, to play our part and explore and achieve.
What is needed is professional, third party review and analysis of expenditure, department by department, cutting out duplication and waste.
The costs could be offset by encouraging a tenth of students away from low-value university and towards higher-value technical education.
Let us hope not. It’s unlikely, but not completely impossible. The Government must battle four trends to reduce the risk.
Plus: Cox, another possible. Plus 15 names in total. Women for May. And: I will make sure the Treasury backtracks on the loan charge scandal.
Insisting that our needs are met by the government reduces neigbours to numbers and diminishes our scope for good citizenship.
The Government has enacted a broad range of measures to help companies large and small grow, create jobs, and boost their local economies.
If one of a couple claiming the marriage allowance becomes a higher rate taxpayer, there is a 23,800 per cent marginal tax rate on the first penny over the threshold.
The Chancellor has been fortunate that the public finances have improved substantially at a particularly convenient time.
In sum, Hammond said: vote for May’s Deal – or the economy gets it. But there’s more than one way of dicing the next election result.
But although the era of austerity is coming to a close, we are emphatically not rejecting the need for ongoing discipline with the public finances.
The Shadow Chancellor claims that Labour would not just to halt further spending restraint, but try to undo the work of the previous government.