Bye-bye tax cuts? - papers 17 January

Professional Adviser
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Tory leader Iain Duncan Smith says in an interview in today's FT that he wants to cut taxes. Bu...

Tory leader Iain Duncan Smith says in an interview in today's FT that he wants to cut taxes. But he also says he wants to improve public services at the same time, presenting a challenge that has never previously been solved. Last year, the FT notes, shadow chancellor Michael Howard stressed that improving public services was the paramount issue within the shadow cabinet rather than tax cuts. But Duncan Smith is reported as saying his statements on tax cuts now do not conflict with those of his chancellor designate. "The question is not whether or not the objective is jus...

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