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02/10/2006
Cameron facing pressure on tax cuts
Conservative leader David Cameron is facing pressure to introduce a policy of tax cuts from delegates at the party's conference in Bournemouth.
John Redwood, who heads Mr Cameron's economic competitiveness policy group, is preparing to publish a pamphlet entitled 'The Case for Lower Taxation' on behalf of the Thatcherite Selsdon Group.
However, he insisted that he was not at odds with Mr Cameron over tax policy, saying: "We entirely agree with him. Firstly that you shouldn't take risks with economic stability, and secondly, that the way to deliver lower taxes is by sharing the proceeds of growth."
Shadow Chancellor George Osbourne said that the Conservatives could not promise tax cuts at the next general election, saying that to do so would be irresponsible. He said that it was more important to concentrate on keeping interest rates and inflation low.
(KMcA/SP)
John Redwood, who heads Mr Cameron's economic competitiveness policy group, is preparing to publish a pamphlet entitled 'The Case for Lower Taxation' on behalf of the Thatcherite Selsdon Group.
However, he insisted that he was not at odds with Mr Cameron over tax policy, saying: "We entirely agree with him. Firstly that you shouldn't take risks with economic stability, and secondly, that the way to deliver lower taxes is by sharing the proceeds of growth."
Shadow Chancellor George Osbourne said that the Conservatives could not promise tax cuts at the next general election, saying that to do so would be irresponsible. He said that it was more important to concentrate on keeping interest rates and inflation low.
(KMcA/SP)
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