Liberal Democrat fairer tax policies from Liberal Martin on Vimeo. The Liberal Democrats are working for you in government. We have already raised 800,000 working people out of income tax altogether, rising to 1.1 million people in April. 23 million more working people have had a tax cut of £200 a year, rising to £330 a year from April. This will be a tax cut of £700 a year for working people by 2015, and the Liberal Democrats are pushing for this to come in even faster.