The Debate

[We_r_city]

Its New`Labour!!!

Middle of the road crap, some of them are Liberals at heart. Tw*ts.

 

[Poultice]

Its New`Labour!!!

It really isn't.

 

[Alan “Howlin Laud” Hope]

No the lib dems.....New Labour

 

[angelic upstart]

I'm not sure if I'm getting this a bit mixed up or not but I like the idea of giving more in the pay packet by increasing the tax threshold to £10k but yet gaining more tax in. I'll explain my way of thinking and somebody correct me if I'm wrong (and I'm sure somebody will).
Increased tax threshold means people have more money in their pocket to spend. They spend more money on more goods which means more VAT is being paid. Surely also increases productivity and increases national growth. Or have I got that complete wrong???

Pretty much spot on. You get £700 extra per year. In theory, you either spend it or save it. Either way, you get taxed at 20% on savings (Or 40% if your top rate) and VAT will be 20%, before long. Base rate tax is 20% so the miss out on nothing. But it does "stimulate" the economy. In theory.

 

[CREDYGRECIAN]

Ideal , something to get me off to sleep.

 

[GrecianLez]

I have been fascinated by all this...

Tada

 

[Alan “Howlin Laud” Hope]

Not fascinating at all..same ole same ole

 

[GrecianLez]

I disagree M'Laud

Tada

 

[angelic upstart]

I disagree M'Laud

Tada

I lolled at that.


Tar Dar

 

[Hants_red]

Don't think my son will be out delivering Lib Dem leaflets any more, with Clegg suggesting school on Saturday.

{insert woo hoo smiley}