Letwin Ditches Income Tax Cuts to Woo Grey Vote

Summary


THE Tories have ditched plans to cut income tax and will instead fight the election on a pledge to subsidise pensions and OAPs' council tax bills.

Oliver Letwin, the shadow chancellor, is also understood to have ruled out lowering inheritance tax.

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Extract


Letwin Ditches Income Tax Cuts to Woo Grey Vote

The move leaves the British electorate with no big political party pledging to reverse the succession of tax rises introduced by Gordon Brown over the past eight y...

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