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Old 04-10-2022, 10:09   #717
Sephiroth
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Re: New Prime Minister: Liz Truss

Quote:
Originally Posted by OLD BOY View Post
Well, jfman, let me put something to you. Rather than attack the Truss approach as something that won’t work before you’ve actually seen what it is, based on your hatred of all things Conservative, why don’t you pause the bile until you’ve actually seen the plan, which will be accompanied by the OBR report?

Working people benefit considerably from this package of measures, a little matter that you ignore. You also ignore the simple fact that the additional rate of tax does not raise a significant amount of money and is therefore no more than a punitive tax on the people you hate.
If I've understood you correctly, you are referring to the 45% tax rate.

The 45% rate thing, stood out as a gift of £2,500 to well-off workers. Now that the Chancellor has dropped this ridiculous proposal, he hasn't squared the circle because he hasn't raised the tax thresholds which really would have benefited everyone.
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