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How will these "promised" tax cuts be paid for?

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ProfilePosted byOptionsPost Date

OneFootInTheGrave

OneFootInTheGrave Report 4 Oct 2014 08:29

Mayfield, I agree with that, especially the zero rate on brochures, leaflets, and pamphlets - charging VAT on them might reduce the amount of junk mail we get through our letterboxes :-|

Did you know that VAT is not payable on gold bullion and gold coins purchased in the UK and EU for investment purposes - however VAT is payable at 20% on silver, platinum and palladium bullion and coins :-S so I would advocate charging VAT at 20% on gold bullion and gold coins as well.

RolloTheRed

RolloTheRed Report 4 Oct 2014 09:26

letz lern 2 spell


OneFootInTheGrave

OneFootInTheGrave Report 4 Oct 2014 14:03

A well known newspaper which specialises on financial matters, and claim they are non-partisan in respect of their reports, were more positive about the economic plans of the Conservative Party than those of the Labour Party - at the time of the last election, they were also quite positive about the fiscal policies the Coalition Government were going to adopt.

Today, a spokesman for that paper, when asked on LBC Radio, what his paper thought about David Cameron's tax promises, the spokesman said "the figures do not add up" he added that, the tax cuts the Prime Minister announced are more than double the £3 billion pounds in savings that will be made from freezing benefits, and if implemented, these tax cuts will make it virtually impossible for the government to meet their promise - to wipe out the deficit by 2018.

Personally I prefer to believe that paper's views - before anything politicians say ;-)