What will Tory tax rises look like?
From our UK edition
As Ben Brogan says in an excellent Telegraph article today, the next government will have to increase taxes. Although there's plenty of waste in the system, spending cuts alone won't be enough to deal Brown's debt mountain Brown. So far, the party leaders have avoided saying this - although Ken Clarke's speech yesterday set the ball rolling on the Tory side. So what might Tory tax rises look like? ConHome's Tim Montgomerie has prepared a very useful summary of the measures that Team Osborne may be considering: -- Higher taxes on business are unlikely. “Business taxation was a no no if you’re trying to strengthen a recovery,” said Clarke yesterday.