Friday, November 21, 2008

Monday should be an interesting day!

Taxes to fall and then rise

On Monday, the chancellor will admit, by implication, that the government's industrial policy of the past decade has been something of a disaster. Actually to call it an industrial policy is a bit misleading - but what I mean is the Treasury's celebration over many years of the UK's growing economic dependence on the City of London and financial services. The City contributed around a third of our economic growth in the recent past and about 10% of total output.

Posted by flintster1994 @ 05:08 PM (1003 views)
Please complete the required fields.



10 thoughts on “Monday should be an interesting day!

  • Lots of interesting comments building below the article. One by “Ian the Chopper” caught my eye…

    “So in other words lets bribe people with tax cuts today and defer tax rises till after the next General Election.

    If Labour are still in power then they will worry about it then and if the Tories get in at least this should save a few more labour MP’s from losing their seats.

    Never in the field of financial planning have so few spent so much to try to con their way to a general election victory.

    Boom and bust is here to stay”!

    Reply
    Please complete the required fields.



  • Mentions VAT at 22.5%, now thats a retail eye waterer.

    Reply
    Please complete the required fields.



  • [email protected] 05:35

    “Never in the field of financial planning have so few spent so much to try to con their way to a general election victory.”

    Yes i like it, The Battle of Britain.
    I reckon they might just go for an election in Spring 2009.
    I listened to Gordon Brown on radio 2, Jeremy Vine show today. Christ he really is trying to convince everyone that NONE of the problems where created by HIM.
    Its all “problems created in america” or “global economic downturn” or “the banks fault”
    But some people where actually ringing in and saying that he was doing a good job or he was best man to sort out the economic problems.
    The vast majority of people in this country are so financially illiterate they completely missunderstand how we reached this stage.Or maybe they are so desperate for a solution to save their sorry @sses that their pinning all hope on Gordon and believing his pathetic spin.
    If the unthinkable happens and Gordon manages to get elected in 09 or 10, then thats it.Game over.It will be time to leave.

    Reply
    Please complete the required fields.



  • planning4acrash says:

    Depends, what if government just totally implodes? Like, what if the EU breaks up? Well, that would take many shackles of the UK, and it may break up into its regions. Seriously, could happen. Scotland would do very well, with oil revenue, Wales would do extremely well with a liberated farmland base and would be free to go about re-opening the mines.

    Reply
    Please complete the required fields.



  • planning4acrash says:

    Cornwall could break away, liberate itself from London second home owners and protect its fishing rights, re-open its mines, and boom again!

    Reply
    Please complete the required fields.



  • Essex could start having witchcraft trials again

    Reply
    Please complete the required fields.



  • crash bandicoot says:

    P4AC, I always chuckle when I see the argument that the Scottish could inherit North Sea oil rights. The only reason that we (UK) have them anyway is due to the historic strength of the Royal Navy. If Scotland had been properly independant for a few centuries the North Sea would probably have been Danish – together with the Shetlands and Orkneys.

    Reply
    Please complete the required fields.



  • Hartlepool could start hanging monkeys for being Frenchmen again!

    Reply
    Please complete the required fields.



  • West Yorkshire’s Screwed

    Reply
    Please complete the required fields.



  • Alan @ 1. The next general election is a poisoned chalice. Not one to win. I’d vote Labour.

    Reply
    Please complete the required fields.



Add a comment

  • 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

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>