Nick Clegg's hopes for raising income tax threshold

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Nick Clegg has said that he wants the coalition government to go "further and faster" in raising the pay level at which people start paying income tax to £10,000 a year.

The coalition has promised to raise the income tax threshold to £10,000 by the next election, set for 2015.

Speaking to BBC Breakfast the deputy prime minister said the changes would "deliver fairness" for people on lower incomes.

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