This is Chancer of the Exchequer George Osborne speaking in 2006 on the then Chancer Snot Muncher McDoom's decision to impose a stealth tax on private pensions shortly after Labour came to power nine years earlier.
George Osborne, the shadow chancellor, said: "Gordon Brown's pension raid was one of his first and worst acts as Chancellor. Pensioners will be paying a heavy price for many, many years to come."So I'm looking forward to hearing what he has to say to justify this news:
George Osborne, the Chancellor, is considering a £7 billion "raid" on middle-class pensions perks.So, Gordon took £5 billion a year and it was, according to The Boy George, one of his worst acts as Chancer and one for which pensioners would pay for years to come, and now the hypocritical shit is thinking about taking £7 billion - which is more or less exactly the same fucking amount after adjusting for inflation (38% since 97). Like I said, I'm looking forward to hearing how Georgie justifies this. I mean, what the fuck is he thinking of by even considering it? I know the country has money problems, thanks in no small part for the profligate spunking away of other people's money by the aforementioned connoisseur of nasal effluence, but you know what, George? You could try maybe spending less fucking money instead. The Telegraph even tells you how.
[...]
Discussions have begun at the Treasury over the move which would see the axing of tax relief currently paid out on pension contributions by people who pay income tax at the higher rates of 40 per cent and 50 per cent.
[...] The Sunday Telegraph understands that the plans for ending so-called “higher-rate” relief have restarted as Mr Osborne targets immediate cash flow savings as easy “wins”.
[...]
Some Conservative MPs expect the axing of higher-rate relief to be merely the first stage in a more extensive and radical plan which would end up with all tax relief – including on contributions made by people paying the basic 20p rate of income tax – being abolished, saving £22 billion a year in total.
Saving £7 billion a year would be the equivalent of axing three government departments – Energy and Climate Change, whose budget is £2.9 billion a year, Environment Food and Rural Affairs, also £2.9 billion, and Culture, Media and Sport, (£1.5 billion).Depending on your point of view one of those departments has a track record of incompetence that would have seen it chopped long ago had it been in the private sector, another appears to be so busy plotting Britain's economic destruction that it can only save a fortune in the long run by abolishing it now, and the third appears not to be a fucking government function anyway. Alternatively you could make the supposed bonfire of the QUANGOs into an actual fucking bonfire by getting rid of the fucking lot, rather than the entry level Foreman Grill of the QUANGOs that still left billions being spent on rent seekers and time waster. And the EU, oh George, do we even need to go over yet again how much money Britain's membership of this Debt of the Month Club is costing everyone in the country? It's not even just the regular annual cost these days but the additional costs of the bailouts and loans to other member nations whose creditworthiness is considered too risky for them to be able to borrow money from the usual sources.
Lots of options, George, but the one that seems to find most favour at the moment involves screwing yet more money out of Britain's dwindling stock of economically productive citizens. That you're going for the well off, people who've on salaries far larger than I've ever been lucky enough to earn, is neither here nor there. The message is coming through loud and clear, George: if you're a high earner you're better off not earning it in Britain, because the government is eyeing your fucking wallets again. Once again I'm singing the same depressing chorus - it's like Labour never really went away, isn't it?
Fucking exactly like it.
And the devious, hypocritical, tax-happy, thieving shower of cunts call themselves Conservatives? Bwahahahahahahahahahahahahahahahahahahahahahahahahahaha!