Nick Clegg: A Budget every Liberal Democrat can be proud of

March 21, 2012 1:20 PM
Originally published by UK Liberal Democrats

clegg"As Liberal Democrats, our clear priority has been to bring about tax cuts to millions of ordinary hard working families.
"We said it, we promised it, today we've done it.

"There are many winners and indeed losers in any Budget.
"So who are the losers in the Budget? The millionaires who weren't paying their fair share.

"The winners are over 20m basic rate taxpayers who will be £220 better off because of what we have just announced in the Budget today.

"This is a Budget every liberal can be proud of.

"We're very proud of the fact that we have

  • delivered the largest increase in the Personal Allowance ever
  • halved the tax bill for people working on the minimum wage
  • started taking over 2m people out of paying Income Tax altogether.

"We have delivered from the front page of our manifesto to the pay-packets of millions of ordinary working people."

The Liberal Democrats have ensured this is a budget for the millions not for the millionaires, delivering a £3.5billion tax cut to average working people. Read more here.