Quote:
Originally Posted by SBP
so the 40% rule Gordon Brown brought in (can't borrow more than 40% of national income) is set to be pushed aside as the mess they have brought upon themselves means less tax revenues so they're going to have to borrow even more.
- less stamp duty because no housing market (their own fault because of making stamp duty up to 5 times more expensive and introducing HIPS)
- cock up on 10% tax rate compensation cost £2bn + not budgeted
You name it.
So if you thought this would be a short period of hardship, think again :sad1:
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So UKPLC is in a mess purely because of the government? Nothing to do with the population in general living beyond their means, salivating over anything involving bricks, shopping for kicks etc etc. Come on, it's not all the fault of the government. They have messed up I'd agree but they are not totally to blame. IMHO.
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