Tuesday 11 November 2008

Labour tax plans - PM's conference

It's the PM up now, in his usual monthly press conference (pushed up to 09:30 from the usual 12.00), which caused Dave to move his to 08:30.

Erm no announcements on tax... and very quickly over to questions from the floor. Sounds like we'll have to wait for the pre-Budget report, after all. The closest hint was an answer to Sky's Adam Bolton.

Adam Bolton, "Is there room for a stimulus on unfunded tax cuts. Cameron says 'No', you're saying we have a low debt. Is there room for tax cuts."

GB - "We have lower public debt than all our G7 neighbours" (once again omitting PFI, the bank-bail out and the unfunded public sector pensions!) "We are prepared to add to borrowing to give a fiscal stimulus to the economy"


And that appears to be it...

A day that initially promised a war over tax cuts has actually turned out to be a phoney war. Gordon is not yet showing his hand.

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