Clegg and Cable speak at CentreForum event

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Written by Dom Weinberg

Monday, 30 November 2009 16:35

This morning CentreForum hosted 'A Fair Tax System' with Nick Clegg and Vince Cable - a wide-ranging statement of the tax policies the Liberal Democrats will present to the public at the next election. The most prominent message, or at least, the most interesting one for the media it seems, was the aspect that they are planning to double the threshold of the Mansion Tax. The papers seem unsure whether this is bolder or tamer than the original plans, with one broadsheet focusing on the fact that it has doubled, whereas another has described it as watered down.

Perhaps the more significance aspect of the statement, and certainly the one that most directly affects majority of the population, was the pledge to raise the starting rate threshold for income tax to £10,000, and this is alluded to by Nick Robinson. This measure is at the heart of the fairness and transparency agenda proposed by Clegg and Cable. Yet it seems that most of the response to this morning's statement appears to be on the more soundbite-friendly Mansion Tax.

Videos of the event can be found here or here.

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