Friday 17 August 2007

George Osborne is a twat

Per Q&A over on BBC website:

"George Osborne: I want to simplify taxation and move towards a lower, flatter tax system. In a mature economy like the UK, moving directly to a "pure" flat tax would not in practice be viable. That said, many of the features of flatter taxes, such as simplicity and stability, can and should be actively pursued"

Lying twat.

It is the poorest who pay the highest marginal rates of tax. Does he not realise that our system is not 'mature' it is 'manure'?

If you are sticking to fiscally neutral systems, you could go for flat 38% tax and £11,000 personal allowance (Bow Group Report) or you could be a bit braver and go for flat 33% tax and £9,000 personal allowance (UKIP flat tax). Or scrap the entire welfare system and have a Universal Benefit of £57 per week and tax everything at 33% without a personal allowance (Citizen's Income Trust).

Everybody can make up their own system - a Universal Benefit of £100 and a flat tax rate of about 45% works as well. Or scrap all benefit and old age pensions and get rid of income tax entirely. Let's have that argument.

Sure there'd be winners and losers under any of these schemes, there always will be, but stand up for what you believe in.

George Osborne has the courage of a fucking drunken hamster facing an alligator.

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