Manifesto 2019:Manifesto Economy: Difference between revisions

Content added Content deleted
Line 22: Line 22:


== Taxation ==
== Taxation ==

<div style="margin-left:3em; width:83em; text-align:left;">
Taxation is what underpins our shared prosperity. All of us, including business, benefit from a healthy, educated and skilled population, with access to basic services and secure housing.
Taxation is what underpins our shared prosperity. All of us, including business, benefit from a healthy, educated and skilled population, with access to basic services and secure housing.


Line 31: Line 31:
Under Labour’s plans, 95 per cent of taxpayers will be guaranteed no increase in their income tax contributions, and everyone will be protected from any increase in personal National Insurance contributions and VAT. Only the top 5 per cent of earners will be asked to contribute more in tax to help fund our public services. We renew our pledge not to extend VAT to food, children’s clothes, books and newspapers, and public transport fares.
Under Labour’s plans, 95 per cent of taxpayers will be guaranteed no increase in their income tax contributions, and everyone will be protected from any increase in personal National Insurance contributions and VAT. Only the top 5 per cent of earners will be asked to contribute more in tax to help fund our public services. We renew our pledge not to extend VAT to food, children’s clothes, books and newspapers, and public transport fares.


<div style="margin:3em; width:70em; text-align:left;">
<div style="margin:3em; width:60em; text-align:left;">
<div style="font-size:170%;">'''95 per cent of taxpayers will be guaranteed no increase in their income tax contributions, and everyone will be protected from any increase in personal National Insurance contributions and VAT''' </div>
<div style="font-size:170%;">'''95 per cent of taxpayers will be guaranteed no increase in their income tax contributions, and everyone will be protected from any increase in personal National Insurance contributions and VAT''' </div>
</div>
</div>
Line 41: Line 41:


See [[Consultation Papers for Manifesto #Tax Transparency Programme | Tax Transparency Programme]] consultation paper for more indepth details on how Labour will deliver a fairer tax system
See [[Consultation Papers for Manifesto #Tax Transparency Programme | Tax Transparency Programme]] consultation paper for more indepth details on how Labour will deliver a fairer tax system



</div>


== Balancing the books ==
== Balancing the books ==