November 25, 2008

Party people

Labour could have raised a million people out of poverty, and probably more by reducing the current disincentives of work, by changing the personal allowance and this would have cost less than the VAT change. So I wonder why they chose a tax cut that principally helps retailers rather than poor people? It would, of course, have absolutely nothing to do with the fact that the Labour Party is currently being propped up by major retailer Lord Sainsbury.


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