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Cheers - AE

Friday 25 November 2011

Doesn't add up

Douglas Carswell shows us exactly how bad governments involving all three main British political parties have been at primary school level arithmetic.
Here's a thought; spending to prop things up cost us £390 billion we do not have. Abolishing corporation tax entirely would have cost the Treasury less than half that amount - £140 billion - in lost revenue over the past three years.
Or it could have been of personal taxation or a mix of things. Either way people would have had money in their pockets to spend on things they needed or wanted. Instead of which a few banks which should have gone down the swanney survived.

Whoopee.
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