ELECTION TAX PROPOSALS – MORE MONEY FOR NHS?
various political parties have all made bold promises in the run up to
the General Election about increased spending if elected, particularly
extra money for the NHS. Although many of the spending pledges will be
funded out of increased borrowing, the parties have assumed that they
can persuade voters that extra spending on the NHS should come from
The Liberal Democrats policy would be to increase the rate of income tax by 1% to raise £35 billion a year for the NHS and social care. The Conservative and Labour parties propose to provide extra money for the NHS from corporation tax changes.