Britain’s most respected budgetary think tank has turned its slide rule over the spending and taxation proposals of each of the major parties. There are three vast black holes – one in each of the party’s proposals. All the parties have announced plans to return the economy to balance by 2015/2016. The Institute for Fiscal Studies says that 87 per cent of the Labour government’s plans for cuts in public spending or tax rises have not been revealed. It says that 82 per cent of the Tory plans are unexplained and 74.1 per cent of the Lib Dems. This is the bit of this election campaign that none of the major parties want to talk about.
27/04/2010 · 4:40 pm