Under Labour, britain has become more unfair, and the gap between rich and poor has increased. Someone needs to fix our broken tax system in which the rich pay lower rates than the poor.
The Lib Dems would close all the loopholes that people who can afford accountants use to dodge tax, and use the savings to raise the threashold at which we start to pay tax to £10,000 per year (roughly what a full time minimum wage job would bring in.) We would also scrap council tax and replace it with a local income tax; linking what people are charged with their ability to pay once more. Finally, we would also introduce a new Mansion Tax; a small annual levvy on very expensive homes, to make sure we can afford our other two changes. The Lib Dems are taking the lead on fairness, and the other parties don't seem willing to follow.
Read more about why I think the Lib Dems are best on fairness in 2010 here.>
