Vapid Cameron writing in today's Telegraph linked here, argues that he will not promise tax cuts yet concludes his article as follows:
The Tax Reform Commission's report is one of the most comprehensive analyses of the tax system ever undertaken by an opposition party. It is exactly the sort of long-term thinking that should be expected of an opposition that wants to be in government.
The report highlights in stark detail the damage that Gordon Brown's tax rises have done. He has harmed the economy by raising taxes on business when our competitors are lowering theirs. Just in the past two weeks, we have heard that HSBC is considering moving its headquarters abroad, and heard from the CBI that businesses are leaving and more may follow.
Not only have Gordon Brown's tax increases harmed our economy, undermining jobs and investment, but also, despite his rhetoric, the Chancellor has reduced the reward to work for many millions of lower income families. The lowest fifth of households pay the highest proportion of their income in tax. Many families who receive tax credits take home less than 10 per cent of any pay rise. Yet those who buy a company and sell it two years later pay just 10 per cent on their gains. When the poor take home 10 per cent and the rich pay just 10 per cent, it is clear that we need a fairer system.
Of course, our businesses need lower taxes. And I want to reduce the tax bill for the low paid. But I am determined not to make promises that I cannot keep.
If Brown's taxes are as Vapid describes above so "high" and "damaging" why is he not proposing to reduce them?