So John Redwood has spelt out the future of the economy with a raft of tax cuts.
So John Redwood has spelt out the future of the economy by promising that a Tory government will ensure the stability of the economy before committing to any tax cuts.
What exactly has Redwood's long investigation actually told us about what a Tory government would do? Absolutely nothing. The whole point of this document was to appease everyone - unfortunately for them (though they should have seen this) it has the left saying they will undermine public services and the right saying they aren't committing to tax cuts. All in all the Tories are for the taking from all sides again. It hasn't help that they made this announcement on a day that has seen the worse nosedive on the stock exchange for many a year. For a party that have been accused of being all PR, they aren't very good at it.
One proposal that will have many voters pleased, however, is the proposal on inheritance tax. One of the most unfair and hated taxes there is. As 94% of households do not pay it anyway (though this will inevitably increase) the government coffers will not be impacted upon significantly anyway. What are the odds on Brown announcing this as his own policy in coming months or so?