Over the last few hours ConservativeHome has been highlighting the findings of an ICM poll for The Taxpayers’ Alliance. Previous posts have highlighted the arguments most likely to persuade voters of the need for lower taxation and the voters’ overall anger at the burden of taxation.
The graphic on the right highlights the taxes that Britons most want to see cut and it is a cut in council tax that wins most agreement from voters.
Lower taxation of businesses – the favoured option of Shadow Chancellor George Osborne – comes bottom of the list but still commands strong support. The advantage of lower taxation of business – compared to a reduction in council tax – is that it is more likely to have supply-side effects on incentive structures within the economy; dynamically increasing growth and employment.
The Sunday Telegraph reports that George Osborne is actively considering the abolition of stamp duty on share trading.
IN CONSERVATIVEHOME’S FINAL POST ON THE ICM/ TPA POLL – AT 3PM – WE WILL EXAMINE SOME OF THE LONG-TERM CHALLENGES FACING BRITAIN.