Sunday, August 29, 2010

High Taxes = Five Years = Labour’s Debt

Guardian: Reports on remarks by Danny Alexander the Chief Secretary to the Treasury that taxes will remain high for the next five years to remove the debt faced by the Government. On one level the Conservative Party will not like the fact that there are higher taxes but it will like the fact that the news in coming from the Liberal Democrat Danny Alexander, thus anger at high taxes will be directed at the Lib Dems and not the Tory Party. It can be argued that PM David Cameron has played this well, all the public spending cuts will have Lib Dem fingerprints on them, in five years the Conservative Party can have an election manifesto that is for cutting taxes while the Lib Dems face political oblivion, politics is a great game folks, its brutal.

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