The Institute of Economic Affairs today attacked the Conservative Party over the manifesto. A press release emailed over asks: ‘If the Conservatives’ commitment to devolution of power is real, where are the big spending cuts and tax breaks?’
Mark Littlewood, Director General of the Institute of Economic Affairs, said:
The Conservatives are rightly emphasising the urgent need to devolve power, but a real devolution of power must be matched by a sizeable reduction in Whitehall expenditure.
If the aim is to secure a large transfer of power from the centralised bureaucracy to individuals and local communities, then this needs to be reflected in substantial tax reductions.
