The Liberal Democrats have unveiled radical new tax plans to help millions of people across the country, which would see up to 17,820 people in Montgomeryshire better off. The party’s new tax plans will see tax cuts for millions of people, paid for by closing tax loopholes, making polluters pay and introducing a ‘mansion tax’ on homes worth over £2million.
Montgomeryshire AM Mick Bates said: “These are ambitious plans which would see up to 3,600 people in Montgomeryshire who currently earn less than £10,000 a year pay no income tax at all. In addition to this, a further 14,220 people in Montgomeryshire who earn less than £100,000 per annum would save £700 a year – giving them an extra £60 a month in their pay packets.
“These are ambitious plans which will help many low paid workers who are feeling the pinch at the moment to get by, as well as supporting our local economy by ensuring that hard-working people are better off.”
Kirsty Williams, Leader of the Welsh Liberal Democrats, added: “It is time for a more fair and simple tax system – and it is clear that the Liberal Democrats are the only party with the plans to do this.”