While Labour and the Lib Dems have confirmed they will raise taxes, we’re committed to cutting income tax and rewarding hard work.
Income tax cuts are a key part of our long-term economic plan – to help taxpayers keep more of their hard-earned money and be more financially secure.
In this Parliament, we’ve halved the deficit as a percentage of GDP and cut taxes at the same time – proving that tax cuts and a stronger economy can go hand in hand.
In the next Parliament, we’ll do the same – with our five commitments to reward hard work:
- Cut income tax for 30 million people and take everyone who earns less than £12,500 out of income tax altogether
- Back aspiration by raising the 40p tax threshold – so that no one earning less than £50,000 pays it
- Deliver tax free childcare and a tax cut for married couples – to help families get on in life
- Keep taxes low for working people and their families by continuing to cut the deficit and live within our means
- Ensure that those who can afford it pay the most in tax, and continue to crack down on tax avoidance and tax evasion
These commitments mean that by the end of the next Conservative government, a typical basic rate taxpayer will have paid at least £8,000 less in income tax since 2010.
Only the Conservatives are going into this election with a clear commitment to cut taxes – so we reward hard work, back aspiration and secure a better future for Britain.
More than 300,000 people took their first step on the property ladder in 2014.
Official figures from the Council of Mortgage Lenders show that there were more first-time buyers last year than any year since 2007. (Source: CML, 22 Jan 2015)
Our long-term economic plan is helping people achieve the dream of owning their own home by:
- Introducing Help to Buy, which has already helped over 73,000 families – the vast majority first-time buyers – own their own home
- Building more homes – housebuilding is at its highest since 2007 and planning permission was granted for 240,000 new homes in the year to September 2014
- Reducing the deficit – so we safeguard the economy for the long term and keep mortgage rates low
When they were last in power, Labour wrecked the economy and getting on the housing ladder became nothing more than a pipe dream for thousands of hardworking taxpayers.
But by building a stronger economy and helping people buy their own home, our plan is backing hardworking families across the country – and securing a better future for Britain.
The SNP have said they'd help Ed Miliband into Downing Street after the next election: a deal that would mean more spending, more borrowing, more taxes - and chaos for Britain. Share our new poster to let everyone know.
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Britain is a safer place to live, work and raise a family than ever before.
New figures from the Office of National Statistics show that since the Conservatives came to power, crime has fallen by over a fifth – to its lowest level on record.
Over the last year there were 2.4 million fewer crimes than the year before the last election. (ONS, Crime in England and Wales, period ending Sept 2014, 22 Jan 2015)
This shows that our action plan to tackle crime is working by:
- Freeing the police to fight crime by cutting red tape and scrapping unnecessary targets
- Giving criminals tougher sentences so communities are protected and justice is done
- Giving the police the powers they need to tackle criminals, using the latest tools and techniques
- Stopping people from becoming criminals by tackling the root causes of crime
- Making the police answer to the community to help drive down crime in your area
Thanks to our plan and the dedication of police officers, crime is falling, families are safer – and communities can enjoy a better, more secure future.
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For the first time since Labour’s recession, unemployment has fallen below 6%.
It’s a new milestone for Britain and means that more people are in work, earning a regular wage and providing for their families.
Official figures from the Office of National Statistics (ONS) also show:
1. A record number of people in work
There are now 1.75 million more people in work since the election. That’s 1.75 million more people with the security of a job.
2. Wages rising
Regular pay is up 1.8% on the year, an encouraging sign that wages are beginning to rise faster than inflation. That means people have more money in their pockets and are more financially secure.
3. Over three-quarters of new jobs full-time
Full-time jobs accounted for 83% of the rise in employment over the past year – showing that the majority of new jobs are secure and well paid.
4. A record number of women in work
There are now 14.4 million women in work – more than ever before.
5. Fewer people claiming unemployment benefit
The number of people claiming unemployment benefit is down by over 627,000 since the election. That means more people moving off welfare and into work and getting on in life.
Under Labour, unemployment rose by almost half-a-million – leaving more people without a job and families more insecure.
The choice at the election is clear:
On the one hand, Labour’s failed ways of more spending, more borrowing and more taxes that will cost jobs and cause chaos for our economy.
On the other hand, the Conservatives and a long-term economic plan that’s backing businesses, creating jobs and building a stronger economy.
That's why we need to keep working through the plan and secure a better future for Britain. Share this post and graphic to let friends know.
Labour’s homes tax is a terrible idea that would hit hardworking families – that’s the verdict of Labour MPs and senior figures:
- Labour peer Lord Mandelson says it’s ‘crude’, ‘short-termist’, and will end up ‘clobbering people’ (Newsnight, 19 Jan 2015)
- Labour MP Tessa Jowell says it will force people ‘to move out of their family homes’ (Guardian, 26 Nov 2013)
- Former Labour Home Secretary Charles Clarke says it’s ‘absurd’ and ‘designed for political reasons’ (Huffington Post, 5 Jan 2015)
- Labour MP Glenda Jackson says it will ‘impact disastrously on people… particularly pensioners' (Ham&High, 2 Oct 2014)
- Labour peer Lord Noon says it’s a ‘hopeless and desperate idea’ (Sunday Times, 5 Oct 2014)
Labour are in chaos over their flagship homes tax.
Here are the facts about Labour’s tax:
- It won’t just apply to mansions. Labour are already talking about lowering the cap, with calls for homes worth £400,000 to be taxed (Sunday Express, 10 Aug 2014)
- If you earn £42,000, Labour class you as ‘wealthy’ and say you will have to pay the tax up front
- If you’re a pensioner on a low income, Labour want your family to pay the tax when you die
The facts are clear: Labour’s homes tax would hit hardworking families – and even Labour know it. Sign the petition to stop Labour's tax on the family home - then share this post to let everyone know.