Tories: Taxes 'must rise to pay Brown debt'

Anthony Butcher · 22-11-2004, 02:00 AM

Quote:

The tories are preparing to fight the next election on the threat of big tax rises during a Labour third term after the latest figures showed that Gordon Brown faced a £10 billion "black hole" in the nation's finances.

While Tony Blair will use tomorrow's Queen's Speech to focus on security and personal safety, the Tories will seek to put the economy centre stage in what is expected to be the last parliamentary session before a May election.

Yesterday the Conservatives underlined their commitment to cutting taxes by outlining plans to exempt most first-time home buyers from stamp duty and making the tax fairer for people buying more expensive homes.

Oliver Letwin, the shadow chancellor, said the duty was a "classic Labour stealth tax" that was particularly hard on first-time buyers.

Since Mr Brown became Chancellor in 1997, the economy has been one of Labour's strongest cards, with he and Mr Blair claiming credit for low inflation, low interest rates and low unemployment.

Independent economists have said in recent weeks that the Chancellor is likely to break his own tough fiscal rules and that tax rises or spending cuts will be needed unless the public finances show a sharp improvement.

mkpdavies · 22-11-2004, 02:20 AM

What worries me is when the main parties realise that the British public will never sign up for their crummy EU constitution, Euro or any more further intergration INTO phpbb_the corruption club, they may resort to extreme measures.

If they intentially collapsed the UK economy, meaning massive unrest as unemployment surges fuel civil unrest and resentment of all the economic migrants that had come here.

Then they could sell the story that we need the EU to bail us out. It is the only sceanario where I could see people thinking it could only get better handing over the controls to the Superstate. This may seem extreme, but the EU really does need the UK to have any credability, the people running it wouldn't flinch in making Britain suffer to make sure they got on board.

Or maybe I have been reading too many conspiracy theories tonight! :?

22-11-2004, 02:20 AM	#2 (permalink)
mkpdavies Uber Member Join Date: Sep 2004 Location: Woking Posts: 30,604	What worries me is when the main parties realise that the British public will never sign up for their crummy EU constitution, Euro or any more further intergration INTO phpbb_the corruption club, they may resort to extreme measures. If they intentially collapsed the UK economy, meaning massive unrest as unemployment surges fuel civil unrest and resentment of all the economic migrants that had come here. Then they could sell the story that we need the EU to bail us out. It is the only sceanario where I could see people thinking it could only get better handing over the controls to the Superstate. This may seem extreme, but the EU really does need the UK to have any credability, the people running it wouldn't flinch in making Britain suffer to make sure they got on board. Or maybe I have been reading too many conspiracy theories tonight! :? __________________ http://brits4ronpaul.blogspot.com/ http://wokinglibertarians.blogspot.com/ http://lpuk.org My ignore list Labour, Blue Labour, Lib Dems

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode