OK, it's neutral and tight – but boy, what a headline act: 2p off the basic rate of income tax.
It's true that most of that comes from abolition of the 10 per cent lower band, and I'm not entirely convinced about the benefits of doing it – but it's good enough to stuff Cameron, which I like, and with everything else taken into account it's redistributive from rich to poor, which I like more.
And even with my excessive booze and fags habits I'm told by the BBC ready reckoner that I'm £68 a year better-off. So I'm voting Labour next time, no problem.
3 comments:
So am I and I couldn't give a monkey's chuff about the friggin budget.
with everything else taken into account it's redistributive from rich to poor
How so? Anyone earning less than 17k gets a tax rise, anyone earning more gets a cut. (Yes, I know about the tax rebates - and I know how complicated, laborious and error-prone the application process is.)
I'm sorry - redistributive from rich to poor? WTF? How do you work that out? Anyone over £40,000 considerably better off and Corporation Tax cut, paid for by increasing tax on single working people on low salaries (low paid people with kids may get their tax increases balanced but not outweighed by increased working families tax credits). Even at a cursory examinataion, a budget obviously designed to suck up to the city and middle class/ middle england, to ease his path in to and time at Number 10. Both Brown and Budget seen entirely devoid of ANY redistributive or socalist principle I can see.
And I am not a Trot or RESPECTER or anything like that, merely not inclined to accept everything Brown says as uncriticially as you seem to.
As for Will, how nice not to have to care about politics or economics or dreary budgets and stuff like that; perhaps he is independently wealthy?
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