![Vince Cable [Photo: LDD Pics]](/fileadmin/_processed_/5/5/csm_vince-cable-photo-ldd-pics_a8e3e3f3df.png)
The government's plans to boost the economy by cutting VAT and to raise taxes on high earners are a "very limited fig leaf", says Vince Cable. The Lib Dem Treasury spokesman said he failed to see how a temporary reduction in VAT from 17.5% to 15% would give the economy a "major stimulus". Offering an extra £25 rebate to basic rate taxpayers was "pathetic".
The Chancellor should have cut income tax to make the tax system permanently fairer, say the Liberal Democrats.
Work to demolish the Velodrome site at Saffron Lane started on Monday.
Marking today's introduction of ID Cards for foreign nationals, Liberal Democrat Parliamentary Campaigner for Folkestone & Hythe Neil Matthews has backed the opposition to the scheme by Shadow Home Secretary, Chris Huhne. Chris said:
An exciting opportunity to get involved in Liberal Democrat thinking and policy development in the preparation of the election manifesto. Members will be able to take part in focused sessions run by policy interest groups and question political and policy experts from inside and outside the party.
Liberal Democrats in Scarborough have called for income tax cuts to help struggling families weather the recession.
