Wednesday, April 28, 2010

Budget deficit

In the press today it says that ALL the parties are keeping the voters in the dark on the tax rises and cuts needed to tackle the budget deficit.

I reckon there will have to be at least 2p on personal tax
Vat up to 20%

This is nothing new for those who read my blog.

What I will say is that it will take at least 10 years to sort this out, so there is no quick fix.
The main thing is to curb benefits and service to immigrants and those who will not work.

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