The Political Impact of the Income Tax Cut

Everything that hasn't been legislated for is gone, says Dominic O'Connell. Personal allowances not going up in line with earnings - a SUNAC-era measure to increase the broad base of taxation. I think once the IFSS has crunched the numbers on this, and other think tanks, we'll find out that we are now at our much higher tax position than we were pre-mini budget, much higher. So the rhetoric around cutting tanks has been as high as level 70 yearshigh,. And the tax credit as high aslevel 70 years high, yes. The political impact of this, you think?