There should be income tax cuts to help people struggling to cope with recession, Wimbledon residents heard on 20 November. Lib Dem Shadow Chancellor Vince Cable MP told a packed meeting at the All Saints Day Centre in South Wimbledon that people had endured a year of rocketing fuel, transport and food prices, and many were still out of pocket following the Government's decision to double the starting rate of income tax.
He said: "We will be looking for radical changes in the tax system which lock in lower rates of income tax for good . . . We are worried that the Government will simply introduce temporary tax cuts, paid for by borrowing, which will disappear one we start to come out of recession."
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