Friday, December 22, 2006
Now is the Winterval of our discontent.
Tucked away in the business section of The Times, but available here online, we have news on that bete noir of the Cameronites, tax.
The extent of Brown's banditry can be traced: "... taxes on income are now equivalent to 23.6 per cent of wages and salaries. The figure is the highest since records were first kept in 1987. The burden on consumers was at its lowest in the fourth quarter of 1997, shortly after Labour’s election victory, the data revealed. "So he's really had a field day. "Taxes on incomes rose by 6.7 per cent over the past year, much higher than the 4.6 per cent rise in wages and salaries." Ah yes, but the government needs it more than me and you, running the country is an expensive business you know.
Still nothing worry about, fortunately the Treasury has stepped in with some platitudes to undermine these Office of National Statistics figures: "... Using the quarterly accounts data, it is not possible to produce an accurate figure for income-tax ratios for households, as they take no account of income from a range of sources, for example savings, shares, and asset disposals. The fact is that, as a result of all tax and benefit reforms introduced since 1997, all households will be on average £1,000 a year better off in real terms from April 2007... " Note that, "all households", well I'd put a pound to an penny any day that I'm not better off. In fact (and without any checking) I'll put my money on it now, if I'm truly better off, then by however much it is, I'll give that extra straight to the Treasury, no problems, but if I'm worse off then they've got to make up the excess. I don't think they'll take me up on this somehow.
Anyway it's a true socialist winterval we're facing, high taxes, cold weather, rubbish government, atrocious opposition. Still dear readers take heart, all bad things come to an end and the darkest hour is just before the dawn. I hope before too long we can all celebrate a low tax Conservative Christmas.
The extent of Brown's banditry can be traced: "... taxes on income are now equivalent to 23.6 per cent of wages and salaries. The figure is the highest since records were first kept in 1987. The burden on consumers was at its lowest in the fourth quarter of 1997, shortly after Labour’s election victory, the data revealed. "So he's really had a field day. "Taxes on incomes rose by 6.7 per cent over the past year, much higher than the 4.6 per cent rise in wages and salaries." Ah yes, but the government needs it more than me and you, running the country is an expensive business you know.
Still nothing worry about, fortunately the Treasury has stepped in with some platitudes to undermine these Office of National Statistics figures: "... Using the quarterly accounts data, it is not possible to produce an accurate figure for income-tax ratios for households, as they take no account of income from a range of sources, for example savings, shares, and asset disposals. The fact is that, as a result of all tax and benefit reforms introduced since 1997, all households will be on average £1,000 a year better off in real terms from April 2007... " Note that, "all households", well I'd put a pound to an penny any day that I'm not better off. In fact (and without any checking) I'll put my money on it now, if I'm truly better off, then by however much it is, I'll give that extra straight to the Treasury, no problems, but if I'm worse off then they've got to make up the excess. I don't think they'll take me up on this somehow.
Anyway it's a true socialist winterval we're facing, high taxes, cold weather, rubbish government, atrocious opposition. Still dear readers take heart, all bad things come to an end and the darkest hour is just before the dawn. I hope before too long we can all celebrate a low tax Conservative Christmas.
Labels: tax
