It’s certainly been an eventful week to say the least with a budget like we’ve never seen before. There’s no doubt that Gordon Brown and Alistair Darling are trying to appease the left of the party with tax hikes for what they call “the rich” but as usual their plans are naive and ill thought out. They are in fact doing untold damage by targeting the people who can get us out of this recession. Entrepreneurs are a vital part of our economy and the negative impact of this budget has not yet emerged.
What the Government has done, will in my view raise less revenue than expected, and is just a gesture to punish those earning at the top end - it’s a political move by a Chancellor and a Prime Minister who are putting the interests of Government ahead of the public.
The fact they have have gone for pensions - again, is unforgivable. In the small print, and initially unnoticed are plans to tax anyone earning more than £150,000 on payments their employers make into their company pension schemes. This sets a precedent in the taxation of pension schemes and we should all be very worried regardless of what we earn.
It’s very easy to say well they can afford it if they are earning 150k - this is not the point. This government have already raided our pension schemes, and this further raid is simply a d isgrace, who knows where it will stop. With the state of public finances and the total absence of any plan to control public spending and restructure the state, we are simply on a crash course.
Would you buy anything from Gordon Brown and Alistair Darling? Well who’s going to buy the £220 billion of bonds they need to sell in order to even begin paying back this gargantuan debt they have saddled every one of us with?
10 children expelled and 620 suspended in local schoolsDeborah Dunleavy, Conservative Prospective MP Bolton North East expressed concern as offi
Botched care plans could add £26 to council tax bills across BoltonGordon Brown to make local taxpayers pay the price for personal care changes D
Half of all children bullied, but no expulsions across Bolton Official Government figures have revealed that just ninety pupils across the country we
Deborah Dunleavy, Conservative Prospective MP for Bolton North East, has pledged to do her bit for the British Armed Forces family. Mis
The World's Biggest Coffee Morning took place on Friday 25th October. Across the country, and in several other parts of the world, thousands of people
Time to reverse the rise of the 'surveillance state' says Deborah DunleavyLabour's state snooping is expensive, ineffective and intrusiveA future Cons
For ten years Gordon Brown said there would be no cuts under Labour, but now he has carried out his biggest-ever U-turn.For Gordon Brown,