Monday 26 March 2012

THE BUDGET - WHAT IS THE POINT?

Politicians do love to talk and posture, and the Chancellor of The Exchequer has a wonderful dramatic platform every year.

In fact he likes it so much he'll slip in a mini-budget wherever possible.

The recent event was labelled by the media as "THE GRANNY BASHING BUDGET" !

Is it any wonder that on the honesty perception scale journalists and politicians compete for the lowest place?

One proposal out of dozens is inflated to banner head-line status.

However far more important was the increase of the tax threshold to over £9200. That's the measure that will put £200 a year into millions of pockets.
Think about it.

My personal view is that a flat rate tax of 20% should be paid by everyone, starting at £12000 p.a.
No other grades or per centages.

It works well in many countries.

It strikes fear in the hearts of all bureaucrats as it could reduce 72,000 pages of tax law down to one side of A4!

Cannot see the Brussels brigands accepting that.
Can I asume that everyone knows that the EU's accounts have not been approved by their annual audit for the last 20 years?
Did I hear the words gravy and train?

If the EU Commission went on strike, would you notice?

Anyway, as my readers will recognise this column has narrow self-interest at it's heart.

Let's get to the real question.

What is the point of a politician who uses the same battered old attache case year after year, waving the old relic at the cameras with a triumphant grin?

We have quite a good selection, brand new, quality leather, starting at £79.95......