How Osborne Can Outwit Clegg Tomorrow

osbo-clegg-outwit

It is no secret that the budget is expected to see an announcement of the raising of the income tax threshold. It is no secret because Clegg is boasting at every opportunity that he can that this is a LibDem policy to help the low paid. With some justice, co-conspirators will remember that Daniel Finkelstein argued that raising the threshold was unaffordable and “punk tax cutter” Guido argued it was affordable and politically savvy. Nick Clegg joined the argument about this policy before the election – on Guido’s side. In government the policy was implemented by Osborne as part of the coalition deal. Nevertheless the LibDems get all the credit for the policy from the voters.

So how could the ever political Osborne get the electoral credit for the policy? Let Guido suggest how his speech might play out:

“Mr Speaker I have received many representations, not least from the junior partners in the government coalition, about raising the minimum tax threshold by £500, I have decided to reject these representations.

Mr Speaker it is not in the country’s interest to risk the stability of the economy…

[JEERING FROM OPPOSITION BENCHES]  

…it is for that reason that I have decided that now we are seeing balanced growth, falling unemployment and a stable macroeconomic outlook, to raise the tax threshold by £1,000 to £11,000. The Conservative Party is a tax cutting party and when it is prudent to do so we will cut taxes for everybody. This tax cut removes the tax burden from thousands more people on low pay.”

In one stroke Clegg is outbid on fair taxes, the policy is reclaimed for the Tories, Osborne is cheered by his backbenches and the lowest paid are better off. Even better, most of those on in-work benefits will see their benefits reduced by an equivalent amount. The Brown benefits dependency culture will be undone a little bit more… 




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Heather Wheeler talks to Burton Mail about her tweet…

“It was a tongue in cheek pop after the European Parliament tweet – it was purely that. I also wanted to congratulate Team GB on a brilliant result and thirdly congratulate the Commonwealth countries who also did very well. Fourth, I am also looking forwarded to establishing new trade agreements. That was it – nothing more. Let’s just enjoy the summer!”

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Max Mosley Funds Tom Watson’s 11 Advisers Max Mosley Funds Tom Watson’s 11 Advisers
“JEREMY, JEREMY, JEREMY” “JEREMY, JEREMY, JEREMY”
FANCY A JOB IN DANCZUK’S OFFICE? FANCY A JOB IN DANCZUK’S OFFICE?
TEAM GB SING NATIONAL ANTHEM ON VICTORY JET HOME TEAM GB SING NATIONAL ANTHEM ON VICTORY JET HOME
HOW BRITISH EMPIRE BEATS EU FOR OLYMPIC MEDALS HOW BRITISH EMPIRE BEATS EU FOR OLYMPIC MEDALS
PRCA Complain to Carolyn Harris Over Lobbyist’s Pass PRCA Complain to Carolyn Harris Over Lobbyist’s Pass
Oily Smith the Devolution Dodger Oily Smith the Devolution Dodger
Times Runs Full Page Ad for “China Heroes” Times Runs Full Page Ad for “China Heroes”
SONG FOR JEREMY SONG FOR JEREMY
DROMEY CUTS SHORT ATTACK ON CORBYN TO GREET CORBYN WARMLY DROMEY CUTS SHORT ATTACK ON CORBYN TO GREET CORBYN WARMLY
LABOUR MP GIVES LOBBYIST PARLIAMENTARY PASS LABOUR MP GIVES LOBBYIST PARLIAMENTARY PASS
BILL ETHERIDGE SPEAKS: “IT’S BEEN HARD TIMES” BILL ETHERIDGE SPEAKS: “IT’S BEEN HARD TIMES”
JAMIE OLIVER’S SUGARY, FATTY ADVERTISING HYPOCRISY JAMIE OLIVER’S SUGARY, FATTY ADVERTISING HYPOCRISY
LABOUR CONFERENCE CRISIS TALKS BREAK DOWN LABOUR CONFERENCE CRISIS TALKS BREAK DOWN
BRUTAL TORY ATTACK AD SAYS LABOUR SOFT ON ISIS BRUTAL TORY ATTACK AD SAYS LABOUR SOFT ON ISIS
CORBYN TO ATTEND MOMENTUM EVENT WITH VILE INTERNET TROLL CORBYN TO ATTEND MOMENTUM EVENT WITH VILE INTERNET TROLL
HOW TO MAKE CANADIAN MINING INTERESTING HOW TO MAKE CANADIAN MINING INTERESTING
TORY REPORT CLEARS FELDMAN AND SHAPPS TORY REPORT CLEARS FELDMAN AND SHAPPS
FIRST PICTURE OF BEARDED GOVE FIRST PICTURE OF BEARDED GOVE
OWEN SMITH: WE NEED TO GET ISIS “ROUND THE TABLE” OWEN SMITH: WE NEED TO GET ISIS “ROUND THE TABLE”