"Tough but necessary if we are to tackle hole in finances"
We asked Ealing Central and Acton Conservative MP, Angie Bray for her reaction to this week's budget. She told us:
“The budget was tough but necessary if we are to tackle the appalling hole in our finances. Right now we are borrowing one pound in every four spent and it simply cannot be allowed to go on as it would mean wracking up crippling debts for us and future generations.
“The Coalition Government has also based its decisions on fairness making sure that those on higher incomes bear the greatest share proportionately. The increase in the personal tax threshold and child tax credits for those on lower incomes as well as the restoration of the link between pensions and earnings will certainly help to soften the impact of the rise in VAT.
“But what I really welcome are the measures to cut taxes on business and entrepreneurs to get our economy growing again. This is the right way forward.”
June 25, 2010
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