Bob Piper
Bob Piper










Designed by Wibbler
Produced by Wibbler
Hosted by BatchTarget



Raising Personal Allowances   » Permalink  |  TrackBack (0)

I wouldn't normally refer people to the Adam Smith Institute, but frankly, I agree with them on this, Time to Raise Personal Allowances. It would highly effective in putting money in the hands of the lower paid.

Hat tip: Tim Worstall

Posted by bobpiper on November 24, 2008, 1:56 PM  |  view comments (10) or add another



Trackbacks
TrackBack Link: http://www.bobpiper.co.uk/cgi-bin/mt/mt-tb.cgi/2564


Comments (or post a new one)

Tim Worstall said:
November 24, 2008 3:50 PM | permalink

We do get some things right you know :-)




Bob said:
November 24, 2008 3:58 PM | permalink

Sorry Tim, for got to credit you with the link. Rectified now.




Benedict White said:
November 25, 2008 12:27 AM | permalink

Well said Bob, from what I can work out the VAT cut will not help middle and low income earners out much, whereas a personal tax allowance rise would have.

See here for my reasoning:
http://aconservatives.blogspot.com/2008/11/vat-cut-wont-work-and-wont-help-poor.html




Obnoxio The Clown said:
November 25, 2008 7:42 AM | permalink

Likewise, I say unto you, there is joy in the presence of the angels of God over one sinner that repenteth.




Bob said:
November 25, 2008 9:41 AM | permalink

Clown - no sinner, no repentance. I've always believed in no/low taxation for the worst off and higher rates for those who can most afford it.

Will Osborne/Cameron support the 45% rate, is the real question.




dizzy said:
November 25, 2008 11:28 AM | permalink

Absolutely 100% agree with you Bob. I have said for some time now that the best way to help the lowest income bracket is raise the tax free threshold and remove them from taxation altogether.




Robert said:
November 25, 2008 11:37 AM | permalink

Thatcher did she not put the rich at 60% or is my memory really going bad. Major cut it to 40% and Blair said no tax increases watch my lips no tax increases.




QuestionThat said:
November 25, 2008 7:16 PM | permalink

So many people from across the full range of the political spectrum agree on this, yet again they fail to make it happen...




Benedict White said:
November 25, 2008 11:31 PM | permalink

Bob, it makes me cry to think how much easier life would be if I had £100 extra a month to spend on my family, the bills and so on.

I would have had a spring in my step, a smile on my face and a much happier Christmas. I suspect the staff at Woolworths would have had a better Christmas also.

How about you shout at any MP you know to get this in the pre budget report debate? It is not quite to late to do something useful!




Danivon said:
November 26, 2008 11:20 AM | permalink

Robert, your memory fails you. Lawson put the top rate down to 40% under Thatcher, not Major. And it was President Bush (senior) who said "Read my Lips: No more taxes".

Other than that an accurate post :-)





Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)