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One proposed net tax rise
There is only one proposed net tax rise (to 50 per cent on the proportion of incomes over £100,000 a year, affecting just one per cent of taxpayers) which will pay for the abolition of student tuition fees, free personal care for the elderly, and lower local taxes. Most people’s tax will be cut by replacing Council Tax with a system based on ability to pay, saving the typical household around £450 per year.