Cut income tax to help people through hard times (Woking Liberal Democrats)

Woking Liberal Democrats <info@wokinglibdems.org.uk>

Cut income tax to help people through hard times

October 2, 2008 12:06 PM

Lib Dem Shadow Treasury spokesman Vince Cable with Cllr Rosie Sharpley

Lib Dem Treasury spokesman Vince Cable MP with local campaigner, Cllr Rosie Sharpley

Like everyone else in the country, residents of Woking are suffering from rocketing food and energy prices.

The government's own figures show that bread is up a fifth, butter and eggs by over a third and potatoes by over a quarter.

Local campaigner Cllr Rosie Sharpley joined forces recently with the Lib Dems' Shadow Chancellor Vince Cable MP to highlight the real increase in the cost of living.

They took a supermarket basket of basic groceries which together cost less than £10 last year. The same basket now costs over £12, a quarter higher.

"People are feeling the pain of the credit crunch and rocketing prices," said Rosie. "The government is doing too little, too late to help people get through the hard times.

"We need to put money back in the pockets of people who are struggling to make ends meet. Liberal Democrats are calling for a 4p cut in the rate of income tax, paid for by upping taxes on pollution and closing tax loopholes used by the rich.

"We would also get tough on unnecessary and wasteful government spending, and use some of the money saved to cut taxes even further for those on low and middle incomes.