brokencross
07-Apr-08, 08:53
Even now as Prime Minister, Gordon Brown's taxing time as Chancellor is still haunting us; from this month he is hitting the low earners right where it hurts, in the pocket.
In a previous budget he announced he was going to lower the basic income tax rate from 22% to 20%, (whoopee you might think) BUT to pay for this "generosity" he has also removed the 10% starting rate of income tax. (Sneaky way to do things, announce it but not introduce it for a while so hoping the furore will have died down) So from now on all low earners will be paying more tax.
So unless you can boost your income with working tax credits you are going to be worse off.
This is from the man that wants to reduce poverty in Britain! He is making the poor poorer.
This at a time when petrol, gas, electricity, water and food prices are on a rapid increase.
SHAME ON YOU MR BROWN, you told us the economy was safe in New Labour's hands. You can't blame the credit crunch or the global economic situation for this. This is homegrown daylight robbery.
In a previous budget he announced he was going to lower the basic income tax rate from 22% to 20%, (whoopee you might think) BUT to pay for this "generosity" he has also removed the 10% starting rate of income tax. (Sneaky way to do things, announce it but not introduce it for a while so hoping the furore will have died down) So from now on all low earners will be paying more tax.
So unless you can boost your income with working tax credits you are going to be worse off.
This is from the man that wants to reduce poverty in Britain! He is making the poor poorer.
This at a time when petrol, gas, electricity, water and food prices are on a rapid increase.
SHAME ON YOU MR BROWN, you told us the economy was safe in New Labour's hands. You can't blame the credit crunch or the global economic situation for this. This is homegrown daylight robbery.