Quote:
Originally Posted by ukturtle
I actually think this is one of the best budgets to happen for a while. Everyone has been effected, and it is for the greater good. I'm glad the rich have not been hit harder like some want. Just because they earn more does not mean that the budget should penalise them more than the rest. It's not their fault England got into debt, just a few elitists fault. Also, as a smoker, I have no issue with the mass increase in price as I already cut down, this just gives me a reason to cut down further.
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Who wants that? Personally I don't want anyone to suffer from the outcome of the budget. It just seems strange to me that the country is in such a dire financial situation, how could the government relieve that? ...Tax, why then have they reduced the rate of tax for those earning over £150.000pa?
A 5% drop will cost the country millions and millions, where are they going to recover that money from?
Those on low very low incomes are fine with the rise in personal allowance, its those on a middle income earning over £35'000 pa I feel sorry for those on middle incomes 40% tax rate ....how can that be representative of a fair system...how is it proportional?