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Lib Dems Welcome Growing Support For Local Income Tax
10.17.00am GMT Tue 2nd Nov 2004
Commenting on the CIPFA report on Local Income Tax, Edward Davey MP, Liberal Democrat Shadow to the ODPM, said: "The report not only shows that Local Income Tax is practical, it confirms once again our figures.
"As the note on the CIPFA press release shows, they have not modelled the Liberal Democrat System, but column 17 in their figures for the national averages are almost identical to the Liberal Democrats.
"These independent experts show that LIT can be administered by the Inland Revenue with no extra burden on employers.
"That means axing council tax for Local Income Tax will produce efficiency savings of around £300million per year.
"This is confirmation that LIT isn't just fairer, but more efficient."
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