UKIP's tax focus is on helping low paid, says Farage

[Chippiewill]

UKIP is rethinking its economic policies and no longer backs a single rate of income tax, its leader Nigel Farage has said.

In 2010, the party backed a so-called "flat tax", which it said would be set at 31% and would be achieved by merging income tax and national insurance.

But Mr Farage said he now believed an appropriate top rate of tax was 40%.

He also said he believed no-one earning the minimum wage or below should pay any tax on their earnings.

UKIP, which topped the polls in European elections last week, will set out its economic priorities at its party conference in September, when it will launch a domestic policy manifesto.

It hopes to make a breakthrough by winning its first seats in Westminster next year.

Mr Farage promised to "throw the kitchen sink" at between 20 and 40 seats where he thinks it has a realistic chance of success, including South Thanet in Kent where he said there was a "distinct possibility" he would stand.

Mr Farage also told BBC One's Andrew Marr Show that UKIP was reappraising its tax policies under new economic spokesman Stephen Woolfe.

http://www.bbc.co.uk/news/uk-politics-27654958

Not too sure Dan will be best pleased about this development, however I suspect that if UKIP attempted to stay the course with their previous policy they would quickly find themselves losing a significant portion of their vote.

[Kardan]

So UKIP and the Conservatives want to lower it to 40%, the Lib Dems want to keep it at 45% and Labour want to up it to 50%.

Personally I would've thought UKIP would have upped it.

[FlyingJesus]

Oooooooops didn't quite get as big a share of the poor uneducated vote as we were wanting so let's change our policies to reel a few more stragglers in. It's a joke really

[-:Undertaker:-]

"I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible." - Milton Friedman

My position too. Be as radical in tax cuts as electorally possible.

[Ardemax]

Be as radical in tax cuts as electorally possible.

And then you realise you have a country to sustain.

[-:Undertaker:-]

And then you realise you have a country to sustain.

Taxtion doesn't sustain a country, it damages it.

Economic activity is best left to private companies and individuals where possible, not the state which is incredibly bad at spending money.

[Chippiewill]

Privatise the army!

[lRhyss]

Taxtion doesn't sustain a country, it damages it.

Economic activity is best left to private companies and individuals where possible, not the state which is incredibly bad at spending money.

I'm no expert in this, but I have to agree... Look at Jersey (The small island below England) Tax isn't added to most things there and it's rich as ****

[Kardan]

So can someone explain where we would get all the money from if we no longer tax people on their income?

[dbgtz]

Taxtion doesn't sustain a country, it damages it.

Economic activity is best left to private companies and individuals where possible, not the state which is incredibly bad at spending money.

You're looking at it purely from one perspective.

I'm no expert in this, but I have to agree... Look at Jersey (The small island below England) Tax isn't added to most things there and it's rich as ****

Isn't Jersey a tax haven?