Poorest Pay More In Tax, Richest Less Under Labour Says Nick Clegg
The Liberal Democrats will today unveil evidence that the poorest 20% of people are losing more of their income in tax than they did in 1997, while the richest 20% are paying less. Liberal Democrat Leader Nick Clegg will reveal further details of his party's manifesto pledge for a £17bn tax switch to help rebalance Labour's unfair tax system, putting £700 into the pockets of millions of people on low and middle incomes by raising the personal allowance to £10,000.