Tuesday, 25 November 2008

America's Biggest Bank, Citi, is Part Nationalised - ReutersTUESDAY, NOVEMBER 25, 2008

+++ Labour's 18.5% VAT for 2011 Tax Bomb +++ 
+++ Document Signed by Treasury Minister Stephen Timms +++

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Labour's VAT Bomb
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Totty Watch : Possibly the Best Tax Cut Photo Op Ever


Guido will be in the Westminster Arms tomorrow Thursday morning. Bit early even for Guido you might think, this however is for a good and noble cause: the launch of the Save the Pub campaign to to promote a Great British tradition and oppose plans to increase beer tax.

Coronation Street barmaid Michelle Connor (real name Kym Marsh formerly of Hear'Say) will join publicans and CAMRA to lend her support by pulling pints for "special guests" including Guido.

As pleasurable a prospect as this is, Guido would rather it was not necessary, however the British beer and pub industry is under severe and sustained pressure from Alistair Darling:

Tax is a third of the price of a pint of beer.

Sales of beer in pubs are now at their lowest levels since the Great Depression of the 1930s.

36 pubs are closing every week.

More than 44,000 jobs have been lost from the industry between 2000 and 2005.

Economic slowdown and Darling's announcement of yet another increase in duty yesterday - on top of plans to increase the tax on beer above inflation next year and for the next three years is piling on the pressure on pubs.Guido is single-handedly doing everything he can to help...

Nigel Griffiths Makes An Idiot of Himself

The Tories just packed the Commons debating chamber to win a vote to force the speaker to allow an emergency debate on the PBR tomorrow - something that Labour were resigned to, but keen to avoid since it has gone down like a plate of cold vomit with the public.

Nigel Griffiths jumped up after the vote on a point of order to the Speaker;"Is it in order for MPs to pile into chamber..." he began before being drowned out with laughter from all sides.

Yes, a Labour MP thought it might be out of order for MPs to do their job.Desperate.

Research: Kaiser was Less Expensive Enemy than Brown

The Taxpayers' Alliance has done the research leg-work and confirms that Brown's debt bubble is twice what it cost to defeat the Kaiser.*
Total Debt increase 1914 - 1919 (2007 value):

£255,106,544,018

Total Debt planned 2008/09 - 2013/14 (PBR):

£512,000,000,000

(For full methodology, see Sources & Methodology)

*They are trying to find reliable data for the cost of WWII at the moment.


Warning: Labour Will Cut £37 Billion from Public Services - Ben Brogan
Squalid & Spiteful Attack on Electoral Commission - David Hencke
New Labour 1994 - 2008 R.I.P - Times
45% Rate is the First Hike of Income Tax Since 1974 - Guardian
Raise Tax Thresholds to Help the Poor - Tom Clougherty
Public Sector Fuelled Jobs "Boom" - FT
America's Biggest Bank, Citi, is Part Nationalised - Reuters