Our reaction to the Chancellor’s speech: Much more must be done

September 29, 2014 3:58 PM

Responding to the Chancellor’s speech at Conservative Party Conference, Jonathan Isaby, Chief Executive of the TaxPayers’ Alliance, said:

“The Chancellor is spot on that you can’t tax your way out of a deficit, and that Britain’s astronomical debt must be dealt with. However, much more needs to be done to face up to the huge challenges Britain faces. That means radical tax reform, a war on waste, and another hard look at public spending.”

On the freeze of working age benefits, he continued:

“Freezing benefits is a necessary step towards restoring discipline to our public finances, and ensuring that taxpayers get a fair deal from the welfare system. The benefit system must support those in need and help people into jobs, but can never become a long-term alternative to work.”

On the headline measure to abolish the 55% “death tax,” he continued:

“A tax cut – any tax cut – is always welcome, but piecemeal measures like this don’t represent the radical reform our tax system needs. Britain needs more vision, more ambition, and more boldness from all of its political leadership.”

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