TaxPayers' Alliance urges David Cameron to cut burdensome taxes
Reacting to David Cameron's speech on the economy, Matthew Sinclair, Chief Executive of the TaxPayers' Alliance (TPA), said:
"The Prime Minister is absolutely right that easing the heavy burden of taxes is the best way to help families struggling to make ends meet. But he needs to do more than talk about the need for low taxes. He should ease the enormous pressure on people's budgets by cutting taxes which depress their wages and increase the prices they pay at the shops.
"If staying the course means pressing on with a vain attempt to raise enough taxes to finance a public sector spending nearly half our national income, it will just mean going down with a sinking ship. The Government should be fiscally responsible, but our deficit is a result of politicians spending too much, not taxpayers paying too little."
Earlier this year, TPA research showed that the Government has implemented or planned 299 separate tax rises but only 119 separate tax cuts during the course of this parliament. You can read the full report here.
A new book by TPA Research Fellow, Mike Denham, has been published today which exposes how wasteful spending and poor public sector performance is costing taxpayers as much as £140 billion per year.
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