Archive for the ‘tax’ Category
Posted by michael on April 30, 2010
The Bank of England Governor Mervyn King is absolutely right. The UK financial mess is huge.
Labour have cynically hidden the true state of the UK’s finances from us during the election campaign.
They are desperate to get back into power so that they can keep the pretence going that that Labour are capable of running the UK economy!
But the huge financial mess that we are in is the best reason of all to dump this lousy government and replace it with a Conservative government.
I would then like to see Cameron going public with the full state of the UK finances. Then we would all know how big the problem (challenge) is for Cameron to deal with.
Posted in Blogroll, credit crunch, debt, economy, labour, national health service, nhs, recession, tax, UK Economy, Uncategorized | Tagged: abuse, brown, cost of living, david cameron, economy, government, greedy, recession, repossession, tax increases, UK Economy, war | Leave a Comment »
Posted by michael on April 27, 2010
The UK faces the deepest spending cuts since the late 1970s if the three main parties are to meet their budget commitments, according to the Institute for Fiscal Studies (IFS).
The years between 2011 and 2015 must see the largest cuts since 1976-80.
The IFS study predicts that that the Conservatives would need to make the biggest cuts whilst Labour would make the biggest tax rises.
So we apparently have a big difference between the two main parties. I assume that where services are cut, both parties will do it in a sensible manner by making the services more efficient and by delaying expenditure on computer systems, better offices and increased pay rises!
If you want to pay increased taxes for everything you buy then simply vote Labour. The government will be able to continue spending money anywhere it wants. Effectively this means that people are giving more of their money to the government to spend! The management of the UK economy by Labour over the last 14 years has been lousy. Why should anyone expect their abilities to govern are going to be any better in the future! Would we be in this mess if Labour had governed the UK properly over the last 14 years?
If you want to keep more of your money to spend as you want, then vote Conservative. Their emphasis is on cutting waste . Spending cuts won’t necessarily be any better or worse than under Labour, despite the scare tactics from Labour!
Neither party had given details of their spending cuts.
Posted in benefits, Blogroll, credit crunch, debt, election, national health service, nhs, recession, tax, UK Economy, Uncategorized | Tagged: borrowing, brown, david cameron, debt, economy, government, green tax, nhs, recession, UK Economy | Leave a Comment »
Posted by michael on April 14, 2010
Brown admits mistakes: I should have reigned in the reckless banks.
This is an amazing confession!! It is a personal admittance that Brown failed to regulate the UK financial industries properly
before the recession hit.
Brown did not see the recession coming because of this failure of regulation. There is no one else to blame, it as simple as that.
Plenty of other people saw the risks in what was happening in the UK and around the world. They cleared their debts, sold properties, many moved abroad.
But this government , under Brown’s management, did not respond to events around the globe. Yes it was a global recession. But the UK was not prepared for it, and the UK has probably suffered more than most other countries who are now mostly out of serious problems.
The UK is just starting the painful process of cutting jobs, cutting services, taxing everyone significantly more, and this process will go on for years.
Brown was the man in charge. It is right that he and his government should be rejected by the voters.
Let the Conservatives fix what Gordon Brown and New Labour messed up!!!!
Posted in Blogroll, credit crunch, economy, financial, labour, national health service, recession, tax, UK Economy, Uncategorized | Tagged: bankers, borrowing, credit crunch, gordon brown, government, iraq war, labour, recession, UK Economy | Leave a Comment »
Posted by michael on April 12, 2010
More than three million older people will be forced to wait up to five years for their free bus pass after a ‘sneaky’ rule change.
Who does this sneaky, disgusting bit of politics, actually hurt the most? The answer is the elderly.
These people have paid their taxes over many years, most have worked for over 40 years in the UK.
Yet Brown and Darling target them in this nasty bit of legislation just to save some money at the expense of the elderly.
Everybody should be very wary of everything that Brown and Darling do! It does not seem to me that they are serving the UK, rather that they are protecting themselves.
It just show how deep in trouble the UK is after 13 years of Brown and Darling, and how far they will go to protect themselves at the expense of the UK population.
Posted in benefits, Blogroll, debt, economy, financial, national health service, recession, tax, UK Economy, Uncategorized | Tagged: abuse, david cameron, economy, gordon brown, government, greedy, UK Economy | Leave a Comment »
Posted by michael on April 12, 2010
When you look at what Brown is saying and what he is not saying, about VAT rates, it is absolutely clear that he is planning a VAT rise if he gets back into power.
Looking at the VAT rates of the Euro countries, the smaller, weaker countries (like the UK is now!) have VAT rates in excess of 20%. I would not be surprised if the UK went to 21% VAT in two steps over 12 months.
Increasing VAT is most harmful to the lower paid. Those people on low, fixed incomes are going to be hit very much harder than those who earn a reasonable income.
If VAT is increased then Brown is going to harm Labour’s natural supporters more than those who vote for the other parties.
Posted in Blogroll, economy, tax, UK Economy, Uncategorized, utility | Tagged: borrowing, credit crunch, economy, election, gordon brown, government, greedy, recession, UK Economy | Leave a Comment »
Posted by michael on April 6, 2010
At last we have the opportunity to express our views on the way that the UK has been governed for the last 11 years.
In that time our government took the UK to an illegal war in Iraq, and subsequently more to war in Afghanistan. As a result of Blair and Brown the UK is now in constant risk of terrorist attacks on the ordinary people.
New Labour took the Golden Inheritance of the last Conservative government and turned it into the biggest debt the UK has ever had.
People have lost their pensions because of the extra taxes that brown has imposed on pension payments. Many of these people will not be able to afford to retire!
There has been many new schools and hospitals over this time. Most of the expenditure is debt for future generations to pay off! It doesn’t seem to me that it is good governance to spend public money like water and expect future generations to pay the debts!
But the real failure of New Labour is their inability to manage the UK economy. Like children in a sweet shop, there seems to be no thoughts in New Labours minds that restraint is needed when spending public money and borrowing money that the public have to repay!
Our economy is shot to pieces thanks to Gordon. How can so much debt be raised with so little to show for it?
And don’t blame the recession. Brown failed to see it coming. Brown failed to regulate the UK financial industry to stop the meltdown that occurred from the greed of the financial markets. It was Brown’s job to ensure that the financial markets were not allowed to put themselves, and the UK, at risk. He failed!!!
I consider that this New Labour government is the worst government that the UK has had in modern times. They have brought the UK economy close to bankruptcy and the people of the UK will have to pay the resulting debts for many years to come!
Posted in Blogroll, Conservatives, credit crunch, debt, economy, labour, national health service, recession, tax, UK Economy, Uncategorized, war | Tagged: afghanistan, bankers, borrowing, credit crunch, david cameron, debt, gordon brown, government, iraq war, recession, repossession, UK Economy | 1 Comment »
Posted by michael on March 18, 2010
Our government plans massive fines of a £1000 for people who simply make a mistake of having the wrong rubbish in the wrong bin!
This is an appalling move by this government whose job is too ensure a fair and equitable society with an emphasis on helping those who are not that well off!!!
How can any elected government propose to treat people so badly?
Most people simply do not have £1000 or anything like it in order to pay these fines. It would absolutely ruin them. They could easily end up losing everything once bailiffs and the courts got involved.
This government knows that the most likely people to make such mistakes are the lower paid, the pensioners and the more vulnerable members of our society.
How can a family who have perhaps only £80 a week for all their food bills, travel, clothes etc. even begin to pay off such a fine. In such families even a £50 fine is crippling.
Yet a banker can pay a £1000 from the petty cash!!! New Labour have lost touch with the concept of an equitable society. It would seem that the Labour Government members now see themselves as ‘upper class’ and have lost all desire for an equitable society provided they get massive salaries for themselves, loads of perks, and own a number of houses!
After 14 years of New Labour, the UK is close to bankruptcy and the average person in the UK is suffering financially through lost jobs, many have lost their mortgages, most have no savings, most are looking forward to a difficult few years due to the failure of the economy.
Only the worst dictatorships can get away with treating their people with such indifference!!!
Posted in Blogroll, credit crunch, economy, financial, national health service, recession, tax, UK Economy, Uncategorized | Tagged: abuse, economy, gordon brown, government, greedy, household, labour, new labour, tax, tax increases, UK Economy | Leave a Comment »
Posted by michael on March 11, 2010
Brown has announced a £30 billion railway construction!
Is this government just plain daft or are they deliberately announcing policies that it is impossible for the UK to afford for many years?
If Labour hadn’t almost bankrupted the UK over their term in office then this would be seen to be a good thing.
But we simply cannot afford it now Brown and Labour have lost control of the economy. We have many years of increased taxes and reduced services just to clear the debts!
There will be many people losing their jobs as a result of the cuts in services and the need to reduce government expenditure across the board.
We have difficult times ahead thanks to Gordon Brown. It will be a long time before the UK recovers fully! This railway would be a good thing for the UK if it could be afforded. But we cannot afford it and the UK debt level means that we cannot afford very much at all.
Posted in Blogroll, climate change, credit crunch, debt, economy, election, Euopean Union, recession, tax, UK Economy, Uncategorized | Leave a Comment »
Posted by michael on March 5, 2010
British people used to complain when such unreasonable price hikes were put onto essential products and services.
We seem to have stopped objecting to what our government does. Even the price increases on gas, electricity, water etc. are as a result of government policy even though they are applied by the service companies.
It would seem that almost everything in our society is designed, under this government, to take more and more money from us!
We were not well placed to withstand the recession.
We are not well placed to pay the huge increases in taxation needed to repay the UK debts that Brown has built up from the recession. We have many years of financial hardship ahead of us to clear the UK debts.
Thanks Gordon!
Posted in Blogroll, financial, recession, tax, UK Economy, Uncategorized, utility | Tagged: bankers, brown, cost of living, debt, economy, families, gordon brown, government, green tax, health, labour, mortgage, repossession, tax, tax increases, UK Economy | Leave a Comment »
Posted by michael on September 25, 2009
So Gordon Brown is ‘Statesman of the Year’
It explains a lot. This award is going to embarrass him. It would seem to show where his priorities are!
We have been through a massive recession, which Brown, as prime minister should have foreseen and prepared us for.
He has obviously been more focused on global events than he has been on looking after the UK. No wonder he didn’t see the recession coming!
The UK is in recession, in deep financial trouble. It might show signs of coming out of recession now, but the UK now has such high debts that we all have to suffer tax increases and reduced services for years to come as a result.
Yet Gordon Brown was able to spend so much time on world events that he has got an award for it!
Brown cannot claim that he could do both jobs simply because of the deep financial mess that he has left us in.
His lack of time working for the UK has left us leadership through troubled financial times.
People are going to blame him, and New Labour, for abandoning the UK for his own personal ambitions.
Posted in Blogroll, Conservatives, Euopean Union, Europe, labour, recession, tax, UK Economy, Uncategorized | Tagged: david cameron, economy, expenses, gordon brown, government, recession | Leave a Comment »