"Alastair Darling seems to have gone in for chemical abuse to a breathtaking extent, judging from the dark brown thread of groundless optimism which ran throughout his Budget speech." |
Read 'em & weep: this is what New Labour has in store for us for the forseeable future Higher taxes on beer, fags, petrol & diesel; the first resort of the scoundrel A cosmetic 50% tax rate on the very rich, which will reduce tax revenue when their accountants find the right loophole A MONUMENTAL rise in borrowing to £175 BILLION but NO CUTS in public spending DOUBLING the National Debt to £1,400 BILLION An expected SHRINKING of the economy of 3.5%, the worst since 1945, and unemployment at 3 million The National Debt at 79% of National Income in 2013, which is TWICE Gordon Brown's limit of 40% the goalposts on this piece of fiction have been moved so often that they have now dropped to bits. £43 BILLION wasted ever year on interest payments on the government's borrowings, which is more than the entire Law & Order or Defence budget More tax on private sector pensions, nothing done to redress the unfair amounts paid out as public sector pensions compared to private pensions A mountain of debt, from which it will take one or two decades to recover Bogus 'green' taxes will cost every family £600 per year and the cost of power will soar as a result of the government's new 'green' tax scams aimed at the pretence of a low-carbon economy Deliberate Lies: There's a £45 BILLION Black Hole in public finances, which wasn't mentioned in the budget The Chancellor gave the cost for bailing out the banks as £50 BILLION, which falls far short of the £130 BILLION calculated by the International Monetary Fund Motorists expecting to get £2,000 when they trade in an old banger will get only half of the cash from the taxpayer. The rest has to come from the motor industry and the scam will benefit German & Italian vehicle manufacturers rather than British ones
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