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Focus tax credits on new jobs in manufacturing, with two-year tax credits for the worker and the company.
Instead he is likely to focus tax cuts on reiterating the Conservative manifesto's pledges to raise the personal allowance to £12,500 and raise the 40p tax threshold to £50,000 by 2020.
We therefore welcome the use of what spare resources the Chancellor could find to focus tax cuts on encouraging firms to take on younger workers, which must be an overriding priority.
Bishop's move Romancing Big Steel Chips with everything Soft money, tough measures The businessman as villain Reprints Related items Economics focus: Tax or tradeFeb 14th 2002It is amazing, then, that Mr Bush has dared once more to stick his neck out on the subject.
Rather than awarding the bulk of tax cuts to the wealthy, as the Bush plan would do, the better idea is to focus tax cuts on low-income families, those whose earnings have slipped during most of the last 30 years.
And although the White House will inevitably have to make some compromises with Democrats, who want to focus tax relief on poor and middle-income people rather than on corporations and the wealthy, the compromises are most likely to be on the margin.
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Moi? Reprints Related items Economics focus: Taxing the poor to pay the poorApr 1st 2004Not that Mr Brown has espoused old Labour talk of reducing inequality.
Whether through focused tax breaks or sweeping ones, both candidates would reduce taxes on middle-class households and raise taxes on those making more than $250,000 a year.
The easiest way to describe Senator Clinton's philosophy is to say that she believes in the promise of narrowly tailored government policies, like focused tax cuts.
Mr. Bush has repeatedly asserted that his proposed $1.3 trillion tax cut will do far more for the middle class than Mr. Gore's proposal for a smaller, focused tax cut.
The IFS concluded that the policy was the most effective way of focusing tax cuts on the lowest-paid and would boost incentives to work by taking some out of income tax altogether.
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