[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Thursday, 27 November, 2003, 18:35 GMT
Tories to push for tax holiday
Time to stop paying tax
Tories want to mark the time we stop paying tax
Voters could get a special Bank Holiday to mark the date when they stop working for the taxman, Michael Howard said in his first party political broadcast.

A Tory government would introduce the measure to help people decide if they were getting genuine value-for-money in return for the tax they pay.

Mr Howard said he wanted to use the concept of Tax Freedom Day to cut the confusion created by stealth taxes.

The day could either be a new Bank Holiday or could replace May Day.

'Simple principle'

Mr Howard argued that the Bank Holiday move would make it easier for voters to comprehend the true size of the tax burden, and note how it changes from year to year.

"You know our public services aren't as good as they should be," he told viewers.

"Yet, because of Labour's spin and stealth taxes, people don't realise just how much tax they are paying."

It is absolutely not a gimmick - it is a very, very serious proposal
Tory aide

The concept of Tax Freedom Day - calculated each year by the Adam Smith Institute think-tank - would give people a clearer idea of how much the state takes from their earnings in tax, he said.

"The principle is simple. The more tax the government takes, the later in the year Tax Freedom Day falls. The less tax government takes, the earlier in the year it is.

"Tax Freedom Day is quite simply the day you stop working for the taxman, and start working for yourself ...

"The next Conservative government will make Tax Freedom Day a Bank Holiday, to help you decide whether you get genuine value-for-money, in return for the tax you pay."

'Openness'

Mr Howard accuses the government of introducing a total of 60 tax rises, which together have pushed back Tax Freedom Day from 27 May in 1997 - the year in which Labour came to power - to 9 June by 2005.

He says tax increases had resulted in limited returns, with one million people on NHS waiting lists, one in three children leaving primary school without being able to read, write and count properly, and what he describes as rising crime.

"It's been a cycle of tax and spend and fail. And it's just not good enough," said Mr Howard.

While the Tories say they are not making any promises about cutting taxes, they stress the idea is to bring greater "openness and transparency" to taxation.

One aide said: "We are committed to giving the taxpayer a fair deal. We believe this will create a great discipline...

"It is absolutely not a gimmick - it is a very, very serious proposal. It is absolutely vital that we be open and transparent about how much people are paying," he said.

Conservative Party Political Broadcast will be shown on BBC One on Thursday, 27 November at 2230 GMT




SEE ALSO:
What is 'Tax freedom day'?
17 Sep 03  |  Business


RELATED INTERNET LINKS:
The BBC is not responsible for the content of external internet sites


PRODUCTS AND SERVICES

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia
UK | Business | Entertainment | Science/Nature | Technology | Health
Have Your Say | In Pictures | Week at a Glance | Country Profiles | In Depth | Programmes
Americas Africa Europe Middle East South Asia Asia Pacific