While Peter Black loyally trots out the party line that Labour has a bad record in taxing the poorest families, the Fabian Society makes some cogent points in the opposite direction by pointing out that the Lib Dems have (somehow) ignored the effect of tax credits. How did that happen?
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I've tried to simulate the effect of the various manifestos on your PAYE payslip. Enter your gross income and away you go. It's not 100% accurate especially if you earn over £100k but in general the lib dems are coming out on top. Try it at TaxCalculator.co.uk
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