Lib Dem tax cuts for thousands of local residents

12.00.00am GMT Tue 1st Dec 2009

Nearly 25,000 local people in Swansea West will benefit from Lib Dem tax plans.

The Liberal Democrats have unveiled radical new tax plans to help millions of people across the country.

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.

The party's Swansea West Parliamentary Candidate, Peter May added: 'It is time for a more fair and simple tax system - and it is clear that only the Liberal Democrats have plans to do this. In Swansea West 5,000 people will pay no tax at all under this tax plan.'

'In addition to this, nearly 20,000 people in Swansea West will save £700 a year - giving them an extra £60 a month in their pay packets. The vast majority of taxpayers will benefit from our fair tax plans. This marks the Liberal Democrats out as the only party prepared to take practical action to deliver social justice.'

Kirsty Williams, Leader of the Welsh Liberal Democrats, said 'This will help more people who are feeling the pinch at the moment to get by - and boost the economy by making sure ordinary hard-working people are better off.'