Give with one hand and take with the other.Just a reminder that the tax cuts for higher earners are reduced by about 50% through increases in National insurance contributions.
#Tories increasing borrowing to reduce taxes.
Give with one hand and take with the other.
It’s never what it seems in the headlines.That's what every government does. If there's borrowing, it's in lieu of tax rises. Always.
It’s never what it seems in the headlines.
I quite liked the Lib Dems idea of a penny on everyone's income tax going to the NHS. Would gladly do the same for our schools.
Of course, I'd also like it if the Liberal Democrats respected our democratic decision to leave the EU.
1p will not make a difference. 1p multiplied by the number in work is something like £350k-£450k a month, Aguero earns more than that.
To do it through tax it needs to be £10-£30 a month to really make a difference.
There are relatively few billionaires but lots of small businesses. Win, win for the government.Nope, never. But then a couple of budgets ago when they reduced the tax free portion of share dividends, the headlines were full of talk about it being a modest tax rise on billionaire share holders - none of them even noticed it was a swingeing tax rise on small businesses.
Looks like a decent budget for me personally.
There are relatively few billionaires but lots of small businesses. Win, win for the government.
I personally think the tax breaks for higher rate, even as a previously higher rate payer myself, were not needed. Money for public services is needed.