Liberal Democrats back tax cuts for low and middle income earners.

5.27.00pm BST (GMT +0100) Fri 14th Aug 2009

The Liberal Democrats have pledged to cut income tax bills by £700 for people on low and middle incomes. The party wants to raise the income tax personal allowance to £10,000 by closing tax loopholes exploited by big businesses and the wealthy.

Sal Brinton, Prospective MP for Watford, said: 'These plans will give money back to the people who really need it. I am proud that of the record of Lib Dem shadow chancellor Vince Cable over the credit crunch and support his plans for fairer tax'.

'In Watford the Liberal Democrats have kept council tax increases at a record low, putting more money back into the pockets of hard working local families. Nationally, we must end the unfairness that sees big businesses and the wealthy avoiding taxes, leaving everybody else to pay.'