Labour And Conservative Party Consensus

To what extent is in that location a consensus in the thick of the crowd political party and the bourgeois Party? revenue traditionally, it would appear that adversarial politics occurred amidst the dig Party and traditionalist Party in term of evaluateation. Traditional Conservatives hoped in piti give out imposeation, as they agreed with the notion that low measureation was an incentive to defy people work harder. In contrast, Labour believed in high esteems of measure for those who clear high wages, as this would achieve the redistribution of wealthiness and pursued Labours longing of economic equality. to a greater extent than recently however, it kitty be seen that thither has been slightly more consensus amid the cardinal parties in terms of taxation. In 2008, Gordon brown introduced the 50p rate of tax on high earners, which helped to achieve redistribution of wealth in society. Cameron has indomitable to retain the 50p tax rate in t he flow regime (despite the fact that he would like to suppress the 50p tax rate), as the current government does not believe that they would be able to afford tax cuts at this current time. This therefore turn ups that there has been an increase in consensus between the two parties with taxation policies. Furthermore, Brown also cut sess tax by 2% in 2008.

George Osborne would like to further cut corporation tax from 28% to 24%. This shows that the desire to cut corporation tax is in fact shared by both the Conservative Party and Labour Party, and so showing some consensus between the two parties in terms of taxation. A case that shows that there is no! t total consensus between the two parties with tax is the value-added tax rate. When Gordon Brown was Prime Minister, he raised the VAT rate to 17.5%. Cameron has further raised the tax rate from that to 20%. This would show consensus between the two parties. However, Ed Miliband is against the rises in VAT, as it penalises the light and less well-off, and thus would not achieve the equality he wants in society with higher VAT. Furthermore, Ed Balls...If you want to train a full essay, effect it on our website: BestEssayCheap.com

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