Promises promises

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  • Flosshilde
    Full Member
    • Nov 2010
    • 7988

    Originally posted by french frank View Post
    But since D Cameron is now running with the ball ...

    Finally. In tax matters: a tax may be regressive, a tax allowance is not a tax. It doesn't hit the lowest earners hardest, either as a proportion of income, or in cash.
    Presumably the Editor of the Independent doesn't know what he's talking about - http://www.independent.co.uk/voices/...t-9803555.html

    He also makes the very good point that in 2008 Cameron said "You can't talk about tax reductions unless you show how it's paid for. The public aren't stupid"

    Prsumably he's changed his mind, or had evidence of the stupidity of the public, as the increase in the personal allowance (to £12,500) & raising the 40% threshold will cost £7.2 billion & is unfunded.

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    • french frank
      Administrator/Moderator
      • Feb 2007
      • 30329

      Originally posted by Flosshilde View Post
      Prsumably he's changed his mind, or had evidence of the stupidity of the public, as the increase in the personal allowance (to £12,500) & raising the 40% threshold will cost £7.2 billion & is unfunded.
      You forgot the bit about the inheritance tax threshold being raised and - I gather - that of CGT.

      It's too early in the day, and I have to clear up my workshop in order to find space to carry out an inside gardening job - so I won't follow up with anything that will attract a further torrent of derision :-) . But it was about providing funding proposals for all policies that require it.
      It isn't given us to know those rare moments when people are wide open and the lightest touch can wither or heal. A moment too late and we can never reach them any more in this world.

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