An intriguing answer from Nick Clegg suggests something is afoot with minimum wage
During a Q+A session at the Liberal Democrat conference in York, Nick Clegg repeated his usual support for increasing the income tax allowance to £12,500, which is what someone on the minimum wage earns in a full time job.
This time, however, he slipped in an intriguing caveat.
That he thought the party’s target should be £12,500 and leave it at that because, he said, it would be expensive to get there and that if the figure was pegged to the national minimum wage levels it would get more expensive if the national minimum wage went up, especially if it went up by large amounts.
That’s not a caveat I’ve heard before, and it’s not a caveat added in the past by others such as Danny Alexander either.
Intriguing.
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