Much ‘expert’ welleruming on the ‘news’ rounds yesterday and today after all those announcements regards money an’ similar. Who’s money
would that be then? Oh, right, ours.
Seems to me, a financial dummy, it’s been another one of they Peter verses Paul moments.
Nice rise in the state pension, right? But how many old folk will be
tipped over the edge and now join the many old folk already having to pay income tax? A tad higher state pension equals more income tax equals no proper win, right?
Also good news for those working with a little reduction
in workers national insurance contributions. So, again, a tad more available for the income tax man to take? National insurance contributions are also where the kelly comes from for future state pensions, right? I’m
guessing this little reduction is the first tentative step in scrapping the state pension all together as unaffordable in a phew years time.
Well, so, all together now, thanks for absolutely nothing from the folk down
here you were elected to take care of.
Quote; Jean-Baptiste Colbert.
“The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least amount of hissing.”
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