Nick Clegg to make keynote speech at Liberal Democrats Spring conference

The video discusses a tax reform proposal by the Liberal Democrats, aiming to exempt the first 10,000 pounds of income from taxation. This reform is described as fundamental and irreversible, freeing 3.6 million people from paying taxes altogether.

What is the initial amount of earnings that will not be taxed under the new policy?

• 20,000 pounds

• 15,000 pounds

• 10,000 pounds

• 5,000 pounds

How are the proposed reforms described in terms of their nature?

• Simple and reversible

• Complex and confusing

• Fundamental and irreversible

• Minor and temporary

Which political party is associated with the proposed tax reforms?

• Conservative Party

• Liberal Democrats

• Labour Party

• Green Party

How many people are expected to be exempt from paying taxes under the new policy?

• 2.4 million

• 4.8 million

• 1.2 million

• 3.6 million

What is the main goal of the tax reforms discussed?

• To encourage foreign investment

• To reduce the tax burden on low-income earners

• To simplify the tax code

• To increase government revenue