VIEWS ON RECESSION
Much of the blame, according to the news and economics experts, is corporate greed. Not just in the UK but also in the USA. I would have to agree and what is more if you have been reading the news papers for the last thirty years or so there has always been head lines about execs taking too much pay and too much in bonuses. Now if this is correct and we have seen over those years when both Tory and Labour were in power then why is it that only now they recognise it. Surely a government should be wise enough to see this in advance prevent it. A recession should not really be happening but both labour and Tory alike have continually sucked up to corporate bodies giving them everything they want to ensure they get the voted back in. And if now they recognise the greed then why don’t they introduce a higher tax bracket for the excessively rich?
And what about the shares market I accept that the reason some companies first sell off capital to raise money but is that not just a small part of the shares business? Is it not more about individuals speculating that they can make money merely by buying cheap and selling high and the welfare of the company and its employees concern them little. Is it not again profit before people.
And what about small businesses Labour has continually done nothing and now the market share of business for the small business has shrunk by half.
Is it not time that we in this country put
Great Britain First not Greedy Bosses
People before Profit
UKIP before the LibLabCon.
As a nation we can still fight this erosion the other parties are happily encouraging but there is only one party who will fight your cause. That’s UKIP Britain’s 4th biggest party.
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A quick thought on the drop in VAT idea.
How will you and I benifit?
Firstly if a company sells a product for £100.inc VAT
and gives £17.50 to the government; then VAT becomes 15% the product will remain at £100.00 and the government will receive only £15.00. Although you and I has not seen any direct benefit ourselves one can only hope that it may help some of the business struggling to stay afloat.
Higher taxes.
The government has promised not to put any higher tax groupings during this parliament. Unfortunately that means no attempt to raise revenue to cover the government losses for 1 to 2 years that a long time to be loosing money! Act know and tax the rich after all they the ones that stole the money through ridicules bonuses.
Comment by Bob — November 27, 2008 @ 10:34 am