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Fiscal Policy & Regulation
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Scoop.it!
Chancellor hints Tory manifesto may drop pledge not to raise income tax, national insurance or VAT. 
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The BBC's Reality Team takes a look at the tax pledges of three of the leading Conservative party leadership candidates, and does a better job than I would of keeping calm.
The point out that all of these grandiose pledges of income tax or VAT cuts would cost and awful lot of money, with some groups, notably wealthy pensioners in one case, doing remarkably well out of them.
However, at some point they'll need to be funded. I wonder is Sajid Javid has found his 'magic money tree' yet?