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    Mark - the fact is that tax rises would be the very last option for the Tories, we are fundamentally against higher taxes. They hope higher taxes wont be be necessary and that a combination of spending cuts and growth will deal with the problem. The problem with tax rises is that they wuill reduce growth so they are not a 'penalty free' option and indeed some taxes need to be reduced to stimulate growth, there is a tricky balance to achieve.

    Until they can get hold of the Treasury computer model, see the 'bboks' and understand the break claus penalties on spending commitments they cannot possibly give full details of what will happen.

    Only Labour could do that as they have the details - they just wont.

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