Labour style tax cuts

Gordon Brown is showing Michael Cullen how to cut taxes Labour style. He has abolished the 10% tax rate on low income earners.

Well that sounds good.

Only until you realise he has not abolished it so the first few thousand are not taxed. He has abolished it and replaced it with the standard 20% tax rate.

Many Labour MPs are unhappy.

So we need to be careful here if Dr Cullen talks of abolishing tax rates, and ask what will he be replacing them with?