THE TAX TRAP......
Sunday, July 5, 2009 at 01:41PM There are at least 1200 good reasons NOT to vote Labour in 2010.
"FAMILIES face a £1,200-a-year tax bombshell after the next election if Labour win to meet Gordon Brown’s pledge to maintain lavish public spending levels. The crippling increase, equivalent to more than the average family's entire annual council tax bill, will be needed if Labour wants to honour the Prime Minister’s promise not to cut public spending. The figures, produced by the independent Institute for Fiscal Studies, show Labour has already pencilled in tax rises after the election which will cost the average family more than £300 a year. If Labour rejects public spending cuts it will have to find an extra £26billion to balance the books, resulting in tax rises costing the average family about £850 a year."
l am certain that Labour are doomed and cannot win a 4th consecutive term but if they did the damage they would wreak would be devastating.
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Reader Comments (1)
Labour is certainly doomed: even they can't import enough immigrants to save them nor magic enough public sector non-jobs out of the air. Now I notice that the MSM are mentioning a term which has been used in the blogosphere for some time now to describe Labour's current economic policy. The Daily Telegraph stated in a leader last week that Labour is implementing 'scorched earth economics' in order to make things so bad for the incoming Conservatives that the Cons will take the rap for Labour's misgovernment. This is certainly true but I reckon that the true scale of the debacle is not known to the Cons nor will be until they actually have full access to the books. Even then, with the Civil Service so completely politicised under Labour, many civil servants will be working the shredders to hide their own culpability as well as that of their bosses. The Cons should make absolutely clear that destruction of minutes of meetings and internal records should be prima facie a breach of conduct and of law.