The rich get richer and the poor get poorer. Indirect taxes such as Insurance Premium Tax increased, which normally hit the poorer in society as indirect taxation is a larger proportion of the budgets of lower income households. The MPs and their friends on higher than average incomes will be given various breaks and incentives. The poor will be placated, while the gap between rich and poor widens.
Throughout the last parliament the chancellor chose to maintain an even keel by freezing duty at 57.95 pence a litre after his 1p a litre cut in the 2011 Budget. But I fear he may now seek to take advantage of low oil prices to increase it.
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ye.. benefit cuts for the disabled :(
about 1 month from JoelDalaisThe rich get richer and the poor get poorer. Indirect taxes such as Insurance Premium Tax increased, which normally hit the poorer in society as indirect taxation is a larger proportion of the budgets of lower income households. The MPs and their friends on higher than average incomes will be given various breaks and incentives. The poor will be placated, while the gap between rich and poor widens.
about 1 month from MIROWCouldn't agree more
about 1 month from irhudsonWhat about realistic decisions?
the rate of IPT is an obvious target but I wonder how much they will change now with a Referendum imminent and how much leave to the next budget
about 1 month from MIROWThroughout the last parliament the chancellor chose to maintain an even keel by freezing duty at 57.95 pence a litre after his 1p a litre cut in the 2011 Budget. But I fear he may now seek to take advantage of low oil prices to increase it.
about 1 month from MIROWThe Chancellor might have to impose further austerity measures just four months after he eased spending cuts in a more optimistic Autumn Statement.
about 1 month from MIROW