David Cameron has apparently promised to make the abolition of the 10p tax rate the key focus of the Conservative Crewe by-election campaign. No doubt Elizabeth Shenton, our candidate there, will lose no opportunity to point out that Conservatives voted in favour of the measure in 2007, when Liberal Democrats voted against.
Vince Cable's view is that: “David Cameron is involved in the worst kind of political posturing.
“He cries crocodile tears for those who are losing out from the abolition of the 10p tax rate, but the only tax cuts he has proposed are for millionaires.
“If he wants to do anything meaningful to help these people, he must put forward fully costed proposals on how he would make those on low incomes better off.
“If he does not, we must assume that this is another baseless PR stunt with no foundation in policy.”