Tuesday, April 08, 2008

Government woes.....

All Governments run out of steam, but this one does appear to be doing so big style. There doesn't seem to be any sense of direction and whilst on one level, thats no surprise, there do appear to be some echoes of the desperation of the Major years.

The willingness of MP's to raise questions about policies which they accepted just before Brown's election is an example - the abolition of the 10% tax rate is an example. Overall, the change probably makes us better off as a couple. However, taking my earnings into account, that certainly wouldn't be the case. I think there is something seriously wrong with a tax system which is clearly acting as a disincentive for the low paid to work. Should people earning as litle as £12K really be paying tax at all? I don't think so.

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