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Cameron set to avoid tax giveaway | Cameron set to avoid tax giveaway |
(about 5 hours later) | |
David Cameron is expected to use his first conference speech as Tory leader to resist calls for more detailed policies and a pledge to cut taxes. | David Cameron is expected to use his first conference speech as Tory leader to resist calls for more detailed policies and a pledge to cut taxes. |
Mr Cameron will say the Conservatives must lay a "solid foundation" of principles before detailing policies. | Mr Cameron will say the Conservatives must lay a "solid foundation" of principles before detailing policies. |
A party review group will report soon on the tax question and is expected to call for cuts. | A party review group will report soon on the tax question and is expected to call for cuts. |
However, Mr Cameron feels a pledge to reduce taxes this long before an election may be seen as reckless. | However, Mr Cameron feels a pledge to reduce taxes this long before an election may be seen as reckless. |
'No rush' | |
The chairman of the Conservatives' policy review, Oliver Letwin, suggested that a Tory government would not rush to cut taxes. | The chairman of the Conservatives' policy review, Oliver Letwin, suggested that a Tory government would not rush to cut taxes. |
"Nobody... can predict what the effect of reducing a particular tax will be, how quickly, how much, the revenue will rise from the behaviour that people engage in as a result of the tax reduction," he told the BBC's Straight Talk programme. | "Nobody... can predict what the effect of reducing a particular tax will be, how quickly, how much, the revenue will rise from the behaviour that people engage in as a result of the tax reduction," he told the BBC's Straight Talk programme. |
"We have to ensure that we first get our books into order and then of course we do hope to gain supply side-effects ...i.e. people actually behaving differently and making more money and growing faster. | "We have to ensure that we first get our books into order and then of course we do hope to gain supply side-effects ...i.e. people actually behaving differently and making more money and growing faster. |
"I don't ever see us as putting economic stability at risk by making promises about tax cuts until we know we can prudently fulfil them." | "I don't ever see us as putting economic stability at risk by making promises about tax cuts until we know we can prudently fulfil them." |
CONSERVATIVE WEEK Sunday Senator John McCainDavid CameronMonday Hot topic: Marketing to childrenPublic services debateDavid Davis, Crime debateHot topic: Cheap flightsEnvironment debateTuesdayHot topic: Alcohol and drugsSocial justice debateBusiness in societyGeorge Osborne, economyWilliam Hague, Liam Fox, foreign affairsDevolution debate Wednesday Culture of creativityHot topic: Globalisation Global poverty debateLeader's speech href="/1/hi/uk_politics/5384334.stm" class="">Analysis: New look rally? | |
Tim Montgomerie, former chief of staff under one of the Tories' previous leaders, Ian Duncan Smith, said tax rates remained one of the key issues Mr Cameron needed to address. | |
He said: "I think Conservatives see a lot of the good that the Thatcher years did is slowly being undone. | |
"British tax levels are now higher than Germany's. If we're going to compete as an economy we have to cut taxes. | "British tax levels are now higher than Germany's. If we're going to compete as an economy we have to cut taxes. |
"People are willing to give David Cameron the benefit of the doubt for the moment, but hopefully next year we will see a beginning of signs of a commitment to lower taxation." | "People are willing to give David Cameron the benefit of the doubt for the moment, but hopefully next year we will see a beginning of signs of a commitment to lower taxation." |