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Wrekin and Telford Liberal Democrats Campaigning across The Wrekin and Telford Constituencies |
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'Tory Inheritance Tax cut costs £6bn' - Cable, Sun 02 May 2010
May 3, 2010 11:02 AM
Liberal Democrat research has revealed why Tory leader David Cameron was so reluctant to discuss his party's plans for Inheritance Tax in last week's leaders' debate.
The analysis reveals that:
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The Inheritance Tax pledge would cost £6bn over the course of the next Parliament
Vince Cable
- It is aimed at the wealthiest 0.8% of estates in the UK
- Every year, 3,000 of the wealthiest estates in the country would each benefit by almost £250,000
Commenting, Liberal Democrat Shadow Chancellor Vince Cable said:
"At a time when the gap between the richest and poorest is so great, it beggars belief that David Cameron wants to give the wealthiest estates a £6bn give away.
"The Tories are showing where their priorities really lie.
"This tax pledge is grossly unfair, only helps the wealthiest households and costs £6bn at a time when the public finances are in a perilous state.
"A vote for David Cameron is not one for fairness and change. It's a vote for more of the same.
"Only the Liberal Democrats are fully committed to creating a fair tax system. We are the only party that stands for fairness and not division."
Published and promoted by Jacki Boyle on behalf of Ali Cameron-Daw (Liberal Democrats) 76 Trench Road Telford TF2 6PF and displayed on the wrekinlibdems.org.uk website
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