[joeysteele]

It is a hard one but for me raising taxes by an x percentage level for a period is the only fair way forward.

I know a lot has been made of welfare and benefit reforms too,it is likely benefits have risen over the last few years to reasonable levels,so, to make it that all are in this together then, with a percentage increase in tax which would mean the lowest band of tax rates would rise but those on high earnings would pay more,also with the various forms of levys and taxes that could have been put in place that have been said in above other posts would make the Banks and financial institutions cough up more too.

In addition to that also there could have been a small percentage cut across the board for all on benefits too.
For the period of bringing the deficit down that would have appeared to have had all of the Country in it together.Then things could have been changed again in better times.

Certain welfare reforms are already being seen as to likely be going to cost more to do than they will save so I cannot see this govt getting the deficit totally cleared by 2015, which was their manifesto commitment and reasoning behind the savage cuts being made in all areas.

I personally thought Labours plan of cutting the deficit by half in 4 years was too ambitious,I now see it as a likely impossibility for this govt to now clear it all by 2015.