I'm hoping she carries on for another couple of months.

I predicted to friends years ago that there wouldn't be another Tory government in her lifetime.

The high taxes never really hit the rich . The really rich usually pay little tax whatever the tax regime.


>>I'll be out this weekend collecting for relief for the rich made poor by marginal tax.
>
>Don't do that. The government should collect the money to be used for relief so government employees can distribute the money according the to the dictates of the State Planning Office. Private individuals are just not competant to make such decisions. The need to be made by Social Engineers and Experts.
>
>(besides, the rich will be tax exiles in Ireland. Remember how well high taxes worked in the 60s? How do you think you got Thatcherism the first time. )
>
>
>>
>>>>Congratz England! Nothing incentivizes new business and investment like crippling taxation.
>>>>
>>>>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.
>>>>
>>>>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.
>>>>
>>>>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.
>>>>
>>>>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 ...