Economy and help families with permanent tax breaks. Labour will argue that any reductions will still leave people worse off because of the freezing of Tax Thresholds. Ben king reports. The background to todays budget has been gloomy, with the economy in recession. But it looks like the chancellor will still find room to cut taxes. The conservatives are trailing labour in the polls, and looking Forjeremy Hunt to give them some cheer in places like this, winchester, a seat the Lib Dems Hope to win. So what do people here think about tax cuts . I think it would be a good idea because it gives people more money to spend on what they want to buy. Realistically, people arent going to save that much money from a tax cut, whereas more money in Public Services means Better Health care services. Itsjust much more important. I would prefer not to have a tax cut, but to see more money invested in the community. If the Public Services were properly organised, theres more than enough money to do it