Yes. Real Labour. Reverting to type. We always knew what lay beneath. No matter how hard Labour tried to conceal its true nature, we knew. But now the cloak of deception has been cast off for everyone to see for themselves. We now see the familiar beast in its true form. The beast the public had previously rejected and thought dead after all... The article from MSN linked below is unable to take in how high British taxes are. It mentions the new higher rate for higher earners but gets the figure wrong. It's not 45% that will be introduced, as the effective rate is already over 50%. But Americans could not believe that to be true, I imagine so MSN adjusted the figure down a bit to a more believable figure. LINK. When you add in the uncapped 12.8% Employer's National Insurance and the 1% Employee's, the full amount levied on higher earners will be 58.8%. The problem is the worst it has been than at any time for 20 years, according to a report from Capgemini. The report reveals that the margin between the amount of power available and the demand for it, has now fallen to 2.2%, from 7.9% last year. If demand increases over the next year then this country might not be able to produce enough... The proposal to create a new 45% top rate of tax has absolutely nothing to do with tackling the recession. The effect on the struggling economy of this measure will be the equivalent of dropping a pebble into the middle of Lake Windermere. The proposal is nothing more than an outrageously cynical attempt to use taxpayers to...Monday, 24 November 2008
Labour
Posted on The Waendel Journal.Take All My Money, Darling. It's Only Toilet Paper.
Posted on The Tap BlogEnergy supply now exceeds demand by only 2.2%
Posted on The Waendel Journal.Brown's party political 45% tax stunt
Posted on The Waendel Journal.
Tuesday, 25 November 2008
Posted by Britannia Radio at 11:11