DELAYED ELECTION EXPLOSION...

Labour has always positioned itself as the party that fought for the working class. This, of course, is a fiction and it is telling to read that those who Labour CLAIM to be looking after most are those set to suffer most. Consider this..

"The effect of tax and benefit measures imposed by the Labour Government over more than a decade was laid bare last night with new figures showing that working couples with children will be £1,500 a year worse off by 2012. They are among a range of people hit by the tax and national insurance changes introduced by Labour since they came to power in 1997.

A report from the Institute for Fiscal Studies (IFS) shows that hardest hit will be single people and working couples with or without children. Working couples with no children will pay £2,208 more in tax than they would have if Labour had not changed the tax system, while a working couple with children will be £1,466 worse off because of higher tax bills and lower benefit payments.

Single workers will see tax eat up an extra £1,281 of their income and the average person will be £385 a year out of pocket by 2012. Lone parents and pensioners will be better off, although the change in national insurance but the end of the temporary 2.5 percentage point cut in VAT will curb these gains."

So, working families, pensioners, single people  - all these key groups are going to be financially crucified in 2012. Assuming Labour loses the General Election in 2010, a fair guess I believe, two years into the next election cycle this delayed tax bombshell is due to detonate just as the Conservatives try to get a handle on the economic mess that Brown has created. Labour will THEN claim that if these working families, single parents and pensioners all want a break, they should vote Labour back into power at the 2015 General Election. Cynical, me? No - cynical manipulative Labour.

Comments

[Ernest Young...]

"working families, pensioners, single people"

Is there anyone who will be unaffected? - ah! I see it now, that doesn't include bureaucrats and other assorted 'red tape' specialists...

Did anyone else read yesterday of the Director of Government Services to Africa, of his one million a year salary?

It was in yesterday's DT, but I can't a trace of it today.