Thursday, March 25, 2010

Budget was a political dodge not an economic plan – Clegg

Responding to Alistair Darling’s Budget, Liberal Democrat Leader Nick Clegg said:

“This Budget was a political dodge not an economic plan.

“Britain needed a Budget that gave us honesty in spending and fairness in tax, we have got neither.

“Labour is in denial, while the Conservatives are talking tough to cover up that they only offer more of the same.

“The Chancellor is incapable of coming clean about where spending cuts will have to fall.

“Rather than being honest with people about what the Government can and cannot afford, the Chancellor would rather let others indiscriminately shave departmental budgets.

“By confirming the freeze in personal allowances the Government has ensured everyone will see a real increase in their income tax bill – when what people on low and middle incomes desperately need is an income tax cut.

“Rather than forcing the nationalised banks to lend to good British businesses they have chosen to create a feeble quango to arbitrate between bullying banks and their small business clients.

“It says something when the most substantive announcement the Government can come up with is a tax agreement with Belize, however welcome that may be.”

Labour’s Budget makes tax system even more unfair in Wales

If this Budget was the launch of the General Election campaign, then Labour candidates must be despairing. Instead of making taxation fairer for the poorest in our community, Alistair Darling chose to freeze the level of personal income tax allowance, making an already unfair system even more unfair.

The increase in fuel duty is a further blow to the rural areas of Wales. As Nick Clegg said, but as Labour fails to understand. the fundamental problem with fuel duty is that for rural areas a car is a necessity, not a luxury.

The Government has so far failed to get RBS and Lloyds HBOS lending to sound Welsh businesses – why should we believe them when they say they’re going to start now?

This Budget was an exercise in concealing the true scale of changes and cuts that are going to be necessary to get out of the economic hole in which Labour will leave us.
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