Tuesday, November 25, 2008

Liarbour's tax bombshell--what we might have seen too!

Britain seems to have just received the kind of December mini-budget promised by Michael Cullen, which thankfully, he never had the chance to deliver.

Now, Britain has just had such a mini-budget aimed to get the country out of a recession.

Main features include higher borrowing, tax increases for top earners, and lower VAT (GST), plus a bit more money spent on infrastructure.

Press reaction seems mixed, even from supposed supporters like the Guardian.

Now, since Helengrad tended to follow UK Liarbour, I can only wonder whether such polices might have also been delivered by Mr Cullen. Lower GST, more borrowing and higher taxes for the better off not only seems very Old Liarbour but very Cullenesque too!


showmethetaxcut said...

Thank f**k he does not run the books anymore.

Clunking Fist said...

Mate, he has a hand in EVERYTHING, he is a bit of a control freak.

OECD rank 22 kiwi said...

It's good of UK Labour to lock in defeat at such an early stage in the electoral cycle.

The Conservatives will be busy fixing the mess that Labour leaves them. What's new there?

Anonymous said...

Sigh yet another Socialist government who think they can tax and spend their way out of a recession

more of the command and control freaks. And as for the departure tax Brown and Darling will be wondering why the numbers visiting Uk drop and sratching their balls

Dumb arses.