I made the case for tax cuts for all in the work I did for the Conservative Manifesto. We already know that tax cuts will figure prominently in that Manifesto. They will include
Raising the tax threshold before you pay any income tax to £12,500. This will take more people out of tax, and cut the tax bills of most people.
Raising the threshold before you have to pay 40% tax, taking it up from £42,000 to £50,000. This will help a lot of Wokingham voters, who are over or near to the current 40% threshold.
Ruling out any new Mansion tax on more valuable homes.
I also wish to see the Chancellor cut the top rate of Income tax from 45% to 40%, and remove the anomaly that puts some higher paid people onto a marginal tax rate of 60%.
I support hard work and effort, and want people to earn their rewards for what they do. I am glad the Conservatives have adopted my proposal on the 40% tax threshold, and am happy with further increases in the Standard rate threshold as a means of making work more worthwhile.
Tax cuts for all are what we need.
JOHN REDWOOD SPEAKING FOR WOKINGHAM SPEAKING FOR ENGLAND
Published and promoted by Thomas Puddy for John Redwood, both of 30 Rose Street Wokingham RG40 1XU