I'm astonished at the current wailing and gnashing of teeth from within the Labour party. The internal bickering over the doubling of the lowest rate of income tax is incredible, given that Gordon Brown announced this in March 2007 and it was pointed out back then that this hit the lowest paid in order to bribe those earning just a little bit more with a 'tax cut'.
Suddenly when it's actually upon us, they realise that's not really fair. Rather like suddenly when the housing market in the south of England which has provided "10 years of economic stability" and "the end to boom and bust economics" has gone tits up with thousands of people holding 120% mortgages, apparently requiring the nationalisation of a bank and £50 Billion plus to be injected artificially into the market to save the banks - whose greed allied with a slackening of the regulations on lending, has led to the situation in the first place.
Gordon Brown. Prudent! My arse!
Making the tax system less complicated - by removing a simple band which allowed the lowest earners to keep more of their hard earned mullah, in order to offer more tax credits. Tax credits!!! What the f*ck are they all about?
See if you can spot a control freak in action
Tax credits
Basically he robs us of as much money as he can then tries to claim credit (without having to fill in forms in triplicate) for giving it back to us.
Gordon Brown. Huge Intellect! My Arse!
Tuesday, 22 April 2008
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