02-06-2020, 10:44
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#3658
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Wisdom & truth
Join Date: Jul 2009
Location: RG41
Services: RG41: 1Gig VOLT
Rutland: Gigaclear 400/400
Posts: 12,614
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Re: Coronavirus
Quote:
Originally Posted by Mr K
How do you expect to pay for it then old chap ? They'll get if from you one way or another  |
According to my understanding, the Chancellor intends treating the debt and subsequent investment as a sort of lend-lease debt; something to be repaid over 50 or 60 years. In order to do this, tax rises, if any, would only need to be moderate or low (assuming no efficiencies can replace tax rises).
Anyway, what's your eal point? Knock the Tories, I'm sure.
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Seph.
My advice is at your risk.
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