>Congratz England! Nothing incentivizes new business and investment like crippling taxation.
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People earning more than £150,000 a year will see a reduction in their take-home pay from today as the new 50p rate of income tax comes into force at the start of the financial year.
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>In addition to the new tax bracket, announced by Alistair Darling in the Budget last April, high earners will also be subject to a new 42.5 per cent tax on dividends while those people making more than £100,000 a year will have their personal allowance reduced. >
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http://business.timesonline.co.uk/tol/business/economics/article7088582.ece>
>I can hardly wait until the US follows suit. $13 trillion+ debt isn't going to pay itself.
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>tick...tick...tick...
I for one look forward to it! Who better knows how to spend my money than the government. ( It is *their* money after all - says so, right on the money ) I need guidance from my betters so I don't just go waste it in the free market. Besides they have studies and experts and surveys and all kinds of stuff so they know how to use the money to make our country the way they know it should be if only people were as smart as they are.
Oh Brave New world ...
Charles Hankey
Though a good deal is too strange to be believed, nothing is too strange to have happened.
- Thomas Hardy
Half the harm that is done in this world is due to people who want to feel important. They don't mean to do harm-- but the harm does not interest them. Or they do not see it, or they justify it because they are absorbed in the endless struggle to think well of themselves.
-- T. S. Eliot
Democracy is two wolves and a sheep voting on what to have for lunch.
Liberty is a well-armed sheep contesting the vote.
- Ben Franklin
Pardon him, Theodotus. He is a barbarian, and thinks that the customs of his tribe and island are the laws of nature.
