Friday, March 16, 2012

The Coalition Government and 50p Tax Rate


Telegraph: Reports that the Liberal Democrats have dropped their objection to the scrapping of the 50p tax rate for the rich. It is argued in the article the by some Conservatives that it would be a political mistake to scrap this as it would give the Labour Party a opening to attack the Coalition as the Party of the rich, this is an interesting argument if wrong, the Conservative Party if anything is about allowing people to get rich, the Old One Nation Conservative went the way of the dodo in the 1980s. Thus the Conservatives should take this chance, cut tax, show that the UK is open for business, that we want people to get wealthy, thus create jobs, thus more tax revenue. CUT AND CUT FOLKS.

No comments: