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Labour have maxed out Britain's credit card

Monday, November 10 2008

David Cameron

David Cameron has accused Labour of having “maxed out our nation’s credit card” and warned that Gordon Brown's plans to borrow more money could lead to higher taxes in the long run.

He stressed, “We need to get a grip, be responsible and help families now in a way that doesn’t cost us our future.”

Writing in the News of the World, David outlined the policies a Conservative Government would introduce to help Britain’s families and businesses:

  • A 2-year council tax freeze
  • Raising the Inheritance Tax threshold to £1 million
  • Allowing small businesses to delay their VAT payments by six months
  • Cutting payroll taxes for the smallest companies

He stressed that the Conservatives are on people’s side, not in their wallets – and he said:

“Lower taxes are in my DNA — it’s one of the reasons I came into politics. I know it’s your money and I know you want some of it back. And I want to give it to you.”

Rt Hon David Cameron

David was elected Leader of the Conservatives in December 2005 and appointed Prime Minister in May 2010.

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