Question to Nick Emmerson Liberal Democrats Parliamentary Candidate for Middlesbrough South & East Cleveland
People earning £10,000 or less will not pay any income tax and those on the
basic rate of tax will have a tax cut of £700 per year. We will pay for it by
making sure the rich pay their fair share by introducing a mansion tax on
the value of homes over £2m, by taxing income and capital gains at the
same rate, and switching tax from income to pollution.
BUT THIS WILL TAKE A LOT OF LOWER PAID OFF TAX-CREDITS WHICH WILL RESULT IN LESS INCOME OVER-ALL
What about this?--
Answer from Nick Emmerson Liberal Democrats Parliamentary Candidate for Middlesbrough South & East Cleveland
We will not abolish tax credits but will taper them so that lower income families still get them. Middle income families may not but they will benefit from the new tax free income tax element.
Thank you again for writing to me.
Kind regards,
Nick Emmerson Liberal Democrats Parliamentary Candidate for Middlesbrough South & East Cleveland
http://www.nickemmerson.org.uk
