Wednesday, August 25, 2010

British people get what they deserve!




More Tory filth! 26.08.10


So the coalition govt's budget has hit the poorest people the hardest!
What a fucking surprise!What a turn up for the books! A conservative government that taxes the poor for the mistakes of the rich.
The average worker had nothing to do with the recession, not able to get a mortgage, not able to get credit, and suffering ever increasing inflation. Now we have a situation where a huge number of jobs are at risk and the government is cutting the very services that people have paid for through the tax system.


The governmnet is faced with a huge deficit brought on by the collapse of the banking system. It does need to address this issue, but why make the poor suffer? Why not increase the upper rate of tax? Why not tax foreign billionaires settled in the UK? Why not increase corporation tax for those companies that continue to raise prices and increase their profits at the expense of the majority of British people-'the poor'?
BT(profits-£1bn), British Gas(£534m), Scottish power(£1.3bn),Barclays(£11.6bn) and HSBC(£600m from UK business alone) who all make obscene amounts of profit, with British Gas hurting people the most by doubling its prices this year closely followed by Scottish Power and BT all complete bastards! Barclays and Hsbc continue to make vast amounts of profit by giving shit interest rates and charging much more than necessary for loans, credit cards and mortgages, but at least you can vote with your feet when it comes to them.
In the end though, the government was elected by the people and so the people will suffer.
Chris Mercer.25.08.10






http://www.bbc.co.uk/news/business-11086137
From the BBC.
Mr Clegg said a report by the Institute of Fiscal Studies (IFS), which said the Budget has hit poorest families the hardest, was "by definition partial".

"It does not include the things we want to do to get people off benefits and into work," he said during a visit to the Disasters Emergency Committee headquarters in central London.

The IFS calls the Budget "regressive".

It had already challenged the government's claim that the Budget was "progressive".

Its analysis suggests that low-income families with children are set to lose the most - about 5% of net income - due to benefit cuts announced in the Budget.

The think tank's report was commissioned and part-funded by the End Child Poverty campaign.

Fiona Weir from the campaign group told the BBC: "This government really needs to start matching what it's saying about fairness and what it's actually putting into practise with Budget decisions."....cont (follow the link above)

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