Quote:
Originally Posted by bitontheslide
It was not a bad budget in the sense that it was not filled with deferred, misleading stealth taxes familiar in Gordon Brown's day. It was not a bad budget in the sense that new money is being found for some areas, as distinct to labour counting the same money several times and implying greater help than was actually given. It was a better budget in that pension funds haven't been robbed, gold reserves haven't been sold off, crown property hasn't been sold. Telecoms companies haven't been forced to bankrupt themselves to compete in the market at the governments gain.
So yes, not a bad budget  |
Come off it! Cameron invented tax competition for the filthy rich. He spent his entire time in office lining his family fortunes and trying to make Britain into a tax haven and to a great extent he succeeded. Thanks to Cameron, tax avoidance, from privately owned wealth and large corporations is greater than its ever been.
Before Cameron came to office he wrote to every newspaper in the land and was even included in Murphy’s book, “The Joy of Tax” hammering on about the unfairness of Gordon Browns stealth taxes on the poor and how we had to get tough with tax avoidance. And he said all that with the full knowledge that Viscount Astor (Cameron’s step-father) had and still does have a 20,000 acre estate in Scotland that’s owned by a company registered in the BVI’s and has avoided £hundreds of thousands in tax. Not only did Cameron pave the way for Viscount Astor and Osbornes family wallpapering business by drastically reducing corporation tax but he carried on as normal with Browns stealth tax on the poor.