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Old 02-26-2012, 7:30 PM
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GeronL GeronL is offline
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Default Osbourne: UK has run out of money

(no, really?)

http://www.telegraph.co.uk/news/poli...-of-money.html

The Government 'has run out of money' and cannot afford debt-fuelled tax cuts or extra spending, George Osborne has admitted.

...

It can afford to raise income tax rates to 50% though, and watch their revenue decline by more than a half billion pounds. Maybe they should reduce that back to where it was? or more?

...

Socialists are stupid.
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Old 02-26-2012, 7:41 PM
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GeronL GeronL is offline
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Default

In a possibly related note:

"Red" Ken Livingstone, radical leftist former Mayor London, has his own scheme to avoid paying taxes.

http://blogs.telegraph.co.uk/news/an...idance-option/
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Old 02-27-2012, 6:04 PM
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Default

Quote:
Originally Posted by GeronL View Post
(no, really?)

http://www.telegraph.co.uk/news/poli...-of-money.html

The Government 'has run out of money' and cannot afford debt-fuelled tax cuts or extra spending, George Osborne has admitted.

...

It can afford to raise income tax rates to 50% though, and watch their revenue decline by more than a half billion pounds. Maybe they should reduce that back to where it was? or more?

...

Socialists are stupid.
I was hoping it was Ozzie Osbourne..... "I didn't know!"
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