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Old 06-02-2011, 11:07   #1
Ignitionnet
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Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 48
Posts: 13,995
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Clegg Middle Class Tax Squeeze

Hmmm.

http://www.telegraph.co.uk/news/news...ick-Clegg.html

http://www.telegraph.co.uk/news/news...help-poor.html

Add that to the Child Benefit cut and it'll hurt some people quite grievously.

It's 'progressive' but also strongly anti-growth. Typical Liberal Democrat policy actually

Thoughts? Will anyone making around that sum notice the pain?

EDIT: This one could be phrased better but I largely agree - http://www.telegraph.co.uk/comment/c...stupidity.html

Shuffling money from one group to another isn't going to reboot the economy, increasing opportunities for everyone to keep more of their money and generate their wealth more easily will.

Calculating the impact all of this will have on this household it's far from inconsiderable, over 2,000 quid a year ignoring VAT rises, doesn't really make me feel overly motivated to go and work that bit more and make that bit more money when the government is eating 51% of a large proportion of it before I see it.
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