Tuesday 1 April 2008

TAXATION WASTE - BORROW AND SPEND OUR WAY OUT OF RECESSION.

As you can probably tell from previous rants at the world, I live in the United Kingdom.
You ride to work thinking happy thoughts, but then you see the budget list in the papers and the taxation we pay, and how we waste it.

Yep, Mr Brown that staunch Labourite conservative has done it again.
He has decided to punish the middle ground people yet again with homes and mortgages, and children and who pay their taxes.
Hey we aren't all millionaires in the UK. We need to be though, just to pay the duty on Beer and Petrol.

Lets look at some facts. The lower income families used to pay a lower tax rate of 10%.
This was to help them rise out of an ever increasing poverty trap due to increasing inflation pushing bills higher than their earnings.
Now its been abolished and they must pay a straight 20% thus they pay more tax.
Now Mr Brown and his puppet Mr Darling have decided not to close the loop hole where the super rich investment banker types of the country only pay 10% on all their income.
Yes it is a lower % than their cleaners pay! Farce coming to mind yet?

Surely this smacks of hypocrisy.
The Labour party aim was from when it was founded, to protect the rights of the lower classes and go at the rich to even things out a bit.
Well you aren't doing that anymore.
The lower to middle classes are stuck between the two.
We are lower to middle class because we have pride to get up and get a job to support our families.

WE DON'T LAY ABOUT WATCHING RICHARD AND JUDY ON TV ALL DAY, WAITING FOR THE TIME OUR NEXT BENEFIT IS PAID. IT WAS NEVER EARNED, BECAUSE YOU NEVER PAID INTO THE SYSTEM IN THE FIRST PLACE!

Why do we pay tax? We pay the tax because it is supposed to benefit man kind ie schools, hospitals, roads, libraries, used to promote protection ie the armed forces and police force, and to provide a little assistance for the deserving who paid in and need help to get back on their feet again ie benefits and assistance for when we are between jobs and can't find work.

The tax was never intended for the log term abuse it suffers from now.
And it is NOT to be used for some idiot politician to install a new kitchen and bathroom in their subsidised second houses, which they can have paid through our tax!

Then we learn that Mr Brown has decided to borrow even more money to spend his way out of the impending recession we are falling into.

Well how about cutting all credit right back?
Cutting all the red tape you installed in the first place?
Stop the waste invading Afghanistan, and especially Iraq which to my mind, and the rest of the world, was illegally entered into by that idiot G.W Bush and his little lap dog Mr Blair.
Start taxing the super rich. If this country is so great, which it was before Labour was elected, the rich will stay here.
Making the rich pay 20 & 40% like the rest of us is only fair.
And don't even think about borrowing more cash from the world markets on behalf of HM Government.

It will be us in the middle that will be taxed even harder to pay it back!