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Liberal Democrats in Business News and views from the Lib Dem Treasury, Trade and Industry Teams and the Liberal Democrat Business Forum |
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| Liberal Democrats in Business | <info@libdemsinbusiness.org.uk> | 12th March 2010 |
Capital Gains Tax Just Another Empty Tory Pledge1.09.00pm GMT Wed 29th Dec 2004 Commenting on proposals by the Conservatives to scrap Capital Gains tax, Liberal Democrat Shadow Chancellor Vince Cable MP, said today: "The Capital Gains tax regime is in urgent need of reform and simplification. But it remains unclear whether this is just another example of the Tories trying to titillate voters with pledges they have no intention of honouring. "If Oliver Letwin is serious about this proposal he has to explain why this is a better use of £ 2 billion per year than restoring health to the budget by cutting taxes for people with low income."
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