There's a lot of interest in Nick Clegg's speech on tax today in which he - in an unusual step for a Government Minister - sets out in public what he would like to see in the Budget.
It's a classic exercise in triangulation - Labour believe in squeezing the rich till the pips squeak for its own sake, Conservatives don't believe in using the tax system to help the less well-off but guess what the nice Liberal Democrats strike the right balance (I paraphrase but you get the idea).
This caricature of Conservatives is wholly inaccurate as I am about to demonstrate because the Deputy Prime Minister went on to say something with which I wholly agree, namely that our top priority in the next Budget should be to help people who are in work but on low incomes.
Why? First, because we should be rewarding people who are trying to do the right thing by working hard to provide for their families. Second, because althought taxes on work are too high across the board, it is people on low incomes, not those like me on above average salaries, that are really feeling the pinch.
Cutting taxes for those in work isn't a Liberal Democrat idea, it's something Conservative Governments did in the 1980s and 1990s and Conservative MPs today strongly support.