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Brown Looks Set To Tighten The Taxation Net

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Back to the old Labour of yore:

"Although the Chancellor would like to deny it, the Treasury purse is looking decidedly depleted,"

"By freezing allowances, Brown will drag more people into the higher tax bracket: many of Britain's young families could end up with a marginal tax rate of up to 78 per cent (40 per cent income tax, 37 per cent tax credit and 1 per cent national insurance)."

Not forgetting the mega increases in council tax--remember Den Den and his tax them until the "pips squeak"--its baaaaack.

"The Chancellor will, of course, paint a rosy picture of the economy and undoubtedly offer a couple of headline-grabbing give-aways to the lowest income families. "

He will no doubt do so with an uncharacteristic broad and cheesy grin. The author of HPI gets his come-uppance at last. Tony must be enjoying this.


Edited by Realistbear

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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