Cable Forum - View Single Post - The Pre-budget Report

Taf · 09-12-2009, 11:27

Nulabour have painted themselves into a corner this time round.

They normal get the country into debt then hand the poisoned chalice to the Conservatives to sort out with "painfull taxes and reduced public spending", which then set the stage for another Nulabour return to power.

But they shot their bolt too early this time, so have to try to sort something out with minor tinkering and pandering to public opinion, which will not sort out the vast ammount of debts they want to leave in the lap of the Conservatives.

VAT to 20% I reckon, plus perhaps other rates of VAT for certain things (as per the EU model).

The usual suspects (tobabcoo, alcohol, fuel) will also get a hammering too.

They're setting the stage for the General Election, so it all depends on smoke and mirrors this autumn....

09-12-2009, 11:27	#4
Taf cf.mega poster Join Date: Jun 2003 Location: Kairdiff-by-the-sea Age: 69 Services: TVXL BBXL Superhub 2ac (wired) 1Tb Tivo Posts: 10,229	Re: The Pre-budget Report Nulabour have painted themselves into a corner this time round. They normal get the country into debt then hand the poisoned chalice to the Conservatives to sort out with "painfull taxes and reduced public spending", which then set the stage for another Nulabour return to power. But they shot their bolt too early this time, so have to try to sort something out with minor tinkering and pandering to public opinion, which will not sort out the vast ammount of debts they want to leave in the lap of the Conservatives. VAT to 20% I reckon, plus perhaps other rates of VAT for certain things (as per the EU model). The usual suspects (tobabcoo, alcohol, fuel) will also get a hammering too. They're setting the stage for the General Election, so it all depends on smoke and mirrors this autumn....