Friday, April 24, 2009

Polly Toynbee on the UK budget

"Is this a people's budget? It did soak the rich - just listen to their indignation. The 1.5% who earn over £100,000 will yet again claim an assault on "middle England" [due to taxes being raised on their incomes]. They will protest that productivity, growth, aspiration and the very future of the nation will be imperilled by skimming just a little cream off top earners. They will warn that City talent will now take flight, the golden geese fleeing to Zurich, Monaco or Dubai. At last, so late in the day, Labour has called their bluff: let them go. There is no global shortage of those who ran banks into the ground."

No comments:

Post a Comment