Labour - the party of the squeezed middle class

Calton has absolutely no time for Labour's whinges about the new tax regime. Gordon Brown abolished the 10p tax rate, thereby taking more tax from low paid workers, so his pal Ed Balls does not have a leg to stand on. Under the coalition government, the tax allowance for this year is £9440 and it will be £10k next year, taking many of the poorest in our workforce out of the tax regime altogether. It's easy to score points by complaining about the reduction in tax for the rich but, unfortunately, over-taxing them just causes them to move their money, or themselves, offshore. Better to keep them in this country paying at least some tax and providing employment (Calton is ever the pragmatist). And who are the families who will be £4000 worse off, according to Balls? Not the low paid, that's for sure. The new tax rules are squeezing those in the 40% tax bracket. Better that than squeezing the poor, like Labour did. So much for their working class roots.