Great story on the beeb how the IFS has analysed the main parties financial plans and picked holes in them and questioned the need and complexity of more layers of tax.
"Both the Conservatives and Liberal Democrats plan to increase the personal allowance - the amount one can earn before paying income tax - to £12,500 by the end of the next parliament.
But the IFS said that would not help the 44% of people who now pay no tax...
Labour's plans to introduce a 10% starting rate for income tax also came in for criticism.
The IFS said this change would be worth a "princely" 50 pence a week to most tax payers...
...Both Labour and the Liberal Democrats plan to introduce a mansion tax on properties worth more than £2m.
But the IFS said it would be much more sensible to let the council tax take care of wealth in the housing market.
"Setting up an entirely separate tax is unnecessarily complicated", it claimed.
The bit that really made me smile 
"The IFS accuses all the parties of planning to extract a huge amount of money by clamping down on tax avoidance -"mysteriously missed" in all previous clampdowns."
IFS: Households can expect lower incomes, whoever wins the election - BBC
These tax avoidance clampdowns are starting to sound like a 1980's Daz advert, even whiter than the last time..
