Election 2001: More Teachers, Nurses, Police - and Equal Rights for Gay Couples ; This Is an Edited Version of the Liberal Democrat Manifesto Launched Yesterday, with Analysis from Specialist Writers at `the Independent'

TAX AND THE

ECONOMY

People will be able to tick a box to decide whether about 1 per cent of their tax bill, worth pounds 1bn, will go to hospitals, schools or other policy areas.

Capital gains tax will be reformed with loopholes closed to pay for investment in the police and public transport.

Taxation will be removed for the lowest paid with the 10p tax rate eventually cut to zero so that no tax will be paid on earnings up to pounds 6,500.

But high earners will pay a top-rate tax of 50 per cent on their income above pounds 100,000 a year, to pay for improvements in the NHS. A penny will be put on the basic rate of income tax to help …

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Publication information: Article title: Election 2001: More Teachers, Nurses, Police - and Equal Rights for Gay Couples ; This Is an Edited Version of the Liberal Democrat Manifesto Launched Yesterday, with Analysis from Specialist Writers at `the Independent'. Contributors: Not available. Newspaper title: The Independent (London, England). Publication date: May 16, 2001. Page number: 8. © 2009 The Independent - London. Provided by ProQuest LLC. All Rights Reserved.

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