Our idea is to help the environment by having higher green taxes – particularly on planes and large cars. We would also end capital gains tax breaks for people who have second homes or large share portfolios.
If we do this , we can then CUT income tax for everyone who pays it.
The Tories are already trying to pooh-pooh our ideas. But our treasury spokesman is the highly-regarded Vincent Cable, former Chief Economist at Shell, and he knows what he’s talking about.
See Ming Campbell’s speech today here , and judge for yourself.