 Mr Brown wants Britain, the US and Europe to take the lead |
Gordon Brown has increased speculation he may cut taxes, saying he was looking "at everything" that could be done to help people through the downturn. He told GMTV tax changes were a matter for the pre-Budget report - expected next week although he said that it would be "in the next few days". Meanwhile David Cameron says the Tories will announce "tax changes to encourage businesses to take on workers". The Lib Dems have already said they would cut taxes for lower paid people. Food prices Asked about possible tax cuts by a "hard-pressed" family taken into No 10 by the breakfast programme, Mr Brown said petrol duty had been frozen and people were already getting �120 back in their income tax following the 10p tax row. He added: "Of course we are going to look at everything but that's a matter for the Budget and the pre-Budget report.  | TAX PROPOSALS Labour: Raised personal tax allowance to benefit basic rate taxpayers by �120 this year after 10p tax row, stamp duty threshold raised, 2p fuel duty rise postponed. Any further cuts expected to come in pre-Budget report Conservatives: Abolish stamp duty for first time buyers on homes up to �250,000, raise inheritance tax threshold to �1m, cut corporation tax from 28p to 25p, encourage council tax freeze. Expected to unveil more tax cuts on Tuesday Lib Dems: Have already pledged tax cuts for low and middle-income families by cutting basic rate from 20p to 16p. Would remove tax loopholes for the rich. |
"What I'm determined to do is get all countries around the world trying to get their economies moving again. "And one way you can do that is by putting more money into the economy by tax cuts or public spending rises but that's something we have got to look at in the next few weeks." When it was put to him that help was needed now, rather than having to wait for weeks, he said: "We've got a pre-Budget report in the next few days." Asked again about rumours that VAT may be cut he said: "We're looking at everything we can to see how we can help people and we will make announcements very soon about what we are going to do." David Cameron said in a speech later that the Conservatives would not allow unemployment to ruin people's lives. There |