The Prime Minister said: “I don’t like raising taxes. In fact we cut the basic rate of tax to 20p.
“You don’t tax for its own sake, only for meeting the needs of our country.”
People on modest incomes would be protected from the tax changes, he said.
“But to equip ourselves for the future costs money. That’s why it’s right those who have done best over recent years, those earning over £150,000, pay a bigger contribution than they do.”
(Alfie says:the last one is a two’fer)
I count 5 and I think they are applicable to the US Congress of recent history and has links to the sitting President.
I also find it appalling that any leader can call for a 50% tax bite with a straight face.Yanks who want to talk of Ikes 90% need to show me who actually paid that.
50% tax rates are confiscatory. They’re simply a criminal act carried out by the government and supported by the failings of the rest of the electorates morality. If you buy into class envy you are a turd. Plain and simple.
50% ???!!! That’s freaking HALF !!! It reminds me of that Eddie Murphy skit. I just don’t find Brown or Obama nearly as funny as Murphy was when he was funny.
Thoughts, comments, anything ?
Quote from ITN