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The Budget

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  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Serious smokers might want to move to Latvia, where they would pay just 43p for 20 fags.

    :hyper: I'm actually going to Latvia in the summer :yippe:

    I hope people have learned that Territt is a devout smoking / smoker hater.

    On the budget,

    well, the tax cut isn't really that great as the 10p rate has been abolished. Most people's earnings from £17k-£43k won't change much. It's a shite situation for single unmarried people though, but then again, what's new?

    Why has corporate tax been lowered? In a year when British banks have announced record profits and inflation has risen to 2.8%, why has GB decided to lower their tax brackets? Incidentally it's the smaller firms being fucked over by this. I read a testimonial from one self-employed guy whose company will now have to pay £9,000 extra tax whereas RBS, as a result of the corporate tax cut will now save £160m a year. Explain?
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Why has corporate tax been lowered? In a year when British banks have announced record profits and inflation has risen to 2.8%, why has GB decided to lower their tax brackets? Incidentally it's the smaller firms being fucked over by this. I read a testimonial from one self-employed guy whose company will now have to pay £9,000 extra tax whereas RBS, as a result of the corporate tax cut will now save £160m a year. Explain?

    This government, like every other in the world, are bent over a table with the dick of every major corporation firmly lodged up their arse. That's why.
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    This government, like every other in the world, are bent over a table with the dick of every major corporation firmly lodged up their arse. That's why.

    The question was mainly rhetorical but thanks for answering it anyway.
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