Monday, 20 February 2012

Ed Balls suggests cutting VAT

Labour shadow chancellor Ed Balls has called for "decisive action ... to boost growth", offering suggestions for tax cuts in next month's Budget.

Mr Balls' ideas include a VAT cut, a 3p income tax cut for a year, bringing forward the planned personal allowance rise to £10,000 and higher tax credits.

http://www.bbc.co.uk/news/uk-politics-17087726