UK General Election 2015

[Rollo]

Both Labour and Conservative have said in one way or another that they will increase taxes and reduce spending.

Good.
At the end of Q4 2014, UK gross government debt amounted to £1.51 tn or 88.1% of GDP.

Ideally, taxation rates on Dividends, Interest and Capital Gains should be brought into line with marginal taxation rates on Income Tax. That is, you should be paying tax on those things as you do all ordinary income. The fact that they're not is a giant rort.

You can't create surpluses and draw down debt unless taxation receipts exceeds government spending.