Speaking from his trip to Afghanistan yesterday on Tory plans should they be re-elected next year. He has previously pledged to eliminate the UK budget deficit by 2018
What we are saying about about these tax reductions are that they are ones that we will make during the Parliament (2015-20).
We have demonstrated in this Parliament that we have been able to do things in a number of budgets.
We will set out the exact details in each budget but as long you have a clear plan and a clear pathway you don’t have to wait until Britain is back in the black before you make progress with these tax reductions.
Cameron has said if his party wins next year’s general election the deficit will be eliminated through cutting spending, without putting up taxes. On Wednesday at his party’s conference, he said the point over which 40% is paid would rise from £41,865 to £50,000 by 2020 if the Tories were in power.
He has now indicated this process would begin before the UK economy is back in the black.
What we have shown in the last Parliament is that it’s perfectly possible for you to manage the nation’s finances wisely to deliver tax reductions at the same time as making savings and efficiencies
Are the Coalition really on the right path or are they too just caught between the proverbial rock and hard place as the global economy falters?
Current evidence suggests they still face an uphill battle.
Cameron offering sweets to the electorate
