Tag Archives: taxes

A- for George

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Many people far more knowledgeable than me have commented on the recent downgrading of the UK’s credit rating from AAA to AA1 – this however is not going to stop me adding my tuppenth worth. It’s just one agency but it is a warning shot across the bows the policy being pursued by the current Government isn’t working, we’re borrowing more and there’s no growth- this is not how you reduce dept. The only way anyone reduces debt is to spend less and stop borrowing, apparently this does in fact also apply to Governments despite what various pundits have claimed … Continue reading →

Maroon

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In the words of the great philosopher Bugs Bunny it would seem that Richard Murphy is an utter maroon, for he has just tweeted: “Where did this absurd myth that the gov’ts money is “ours” come from? Taxes belong to the gov’ts and no else. You pay it because you owe it” I feel nothing more needs to be said. (hat tip: C J Snowdon ) +20

That time of year again

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I’m on the last page of my calendar and so it dawns on me that we’re at that time of year again, when smug adverts from the government will have “friendly” cartoon chaps or amusing eccentric types telling us that handing over vast chunks of our money for the government to piss up the wall is actually quite a pleasant thing to do. I am of course referring to the traditional “tax needn’t be taxing” campaign which comes around to brighten everyone’s Christmas. That’s right apparently the tax man taking 70% of your earnings isn’t really so bad, you know … Continue reading →