Conservative action on the economy

Gordon Brown keeps peddling the line that the Conservatives support a "do nothing" strategy of letting the recession take its course.

This is not true. The following are some of the policies which Conservatives support to help families and businesses right now.

We will freeze council tax for two years by reducing wasteful spending on advertising and consultancy in central government

We will abolish Stamp Duty for nine out of ten first-time buyers and raise the Inheritance Tax threshold to £1 million. Both of these changes will be funded by a flat-rate charge on non-domiciles.

We will provide tax cuts for new jobs with a £2.6bn package of tax breaks to get people into work, funded by money that would otherwise go on unemployment benefit

We will cut the main rate of corporation tax to 25p and the small companies' rate to 20p, paid for by scrapping complex reliefs and allowances

We will give small and medium-sized businesses a six-month VAT holiday, funded by a 7.5% interest rate on delayed payments

We will cut National Insurance by 1% for six months for firms with less than five employees, paid for from the above changes to the company tax regime.

Comments

Anonymous said…
I think this is a great blog, and I would like to Post a Comment

There has been some recent news you might like to hear.Obama is making it better for us already! There has been an increase of money availability to everyone. Due to recession there is increased funding for all types of grants. Even lenders are bending over backwards to bail you out too. Regardless of statistics, there is people getting tons of cheap money for personal use, investments,start businesses, buy homes, pay off debt, and more. Bailout is for YOU
Chris Whiteside said…
Spot the Obama-bot!

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