Sunday, May 18, 2008
Government cornered as the House Price Economy and Its Finances go pear shaped
thisismoney: 'Big tax rises' on way after 10p debacle
Experts are predicting big tax rises next spring to help bail out the Government at the ultimate expense of the Mortgage and Debt burdoned British Taxpayer so it looks like were in for a re-run of the 1970's again, but without any sound undergarments this time.
Posted by enuii @ 11:06 PM (329 views) Add Comment
4 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. whiteknight said...
They had better think of another way. More efficiency etc.
Large tax rises will not be accepted. Simply "will not be accepted."
2. whiteknight said...
Lagerberg adds: 'Other targets to raise revenue could include the tax rate levied on small businesses or tougher measures against income sharing for those running family companies.'
straw back camels broke that the
3. nubbers said...
They are certainly not going to target the voters in the year before the election, so I guess businesses are going to get it in the neck instead. My fledgling startup has a global market, so the business does not have to stay in the UK.
Even before all this, the UK is no longer so favourable to business as it once was, so I guess others will be thinking of leaving.
4. Hyrax said...
We are already paying higher taxes through the fuel-price escalator.
USA still only pays 45 pence a litre...here 120...
thats lots of tax to hit everytime you drive your vehicle for everyday needs...27 billion a year and rising..whats 2.7 billion..10%?
Fuel was 85 about 2 years ago now 120...thats almost 14% in two years..another 6 billion already?
Taxation has to hover around 40% to give social stability.