Nick Clegg interview on economic plans

The transcript discusses the tax policies implemented by the coalition government, highlighting the balance between raising taxes and providing tax cuts to middle-income earners. It emphasizes the need to continue with the current approach to end austerity and reduce borrowing, contrasting it with the Labour Party's strategy. The focus is on creating a stronger economy and fairer society by maintaining the course set over the past five years.

What was the coalition government's approach to taxation over the past five years?

• They did not change the tax policy.

• They only increased taxes for high-income earners.

• They increased taxes by £23 billion while providing cuts for low and middle-income earners.

• They reduced taxes for all income groups.

Why does the party want to borrow less than the Labour Party?

• To increase the national debt.

• To avoid paying high interest on debt and invest in public services.

• To reduce taxes for high-income earners.

• To fund new infrastructure projects.

What is the party's view on George Osborne's approach?

• They fully support it.

• They have no opinion on it.

• They believe it unfairly targets the working-age poor.

• They think it is the best way to balance the budget.

What is the ultimate goal of the party's economic strategy?

• To increase taxes for all citizens.

• To create a stronger economy and fairer society.

• To eliminate all forms of borrowing.

• To reduce government spending on public services.

What does the party believe is necessary to return to greater normality in public service investment?

• Reducing taxes for high-income earners.

• Increasing borrowing significantly.

• Continuing with the current approach.

• A complete overhaul of the tax system.