Dover.uk.com

With friends like this...

5 March 2013

...you certainly don't need enemies.

I really do believe that Cable is out to destroy any chance of economic growth.  Is he a Labour infiltrator I wonder....

He has said that taxes should rise to prevent welfare cuts......



No - if we are to have any chance of economic growth and to have an economy that can sustain welfare payments then we need tax cuts, not rises.  Piling onto the backs of wage earners and the private sector an ever greater burden of public spending is no way to get economic growth.  That burden needs to be made lighter, lower taxes, supply-side reforms and, yes - there must be cuts to the bloated welfare budget by freezing it for 5 years.

Mind you - if he agreed to some tax cuts, like cutting the highest rate of income tax back to 37p (including 2p NI) then more revenue would actually be raised by HMRC.  But his narrow minded, blind left wing bigotry prevents him from seeing the truth of that.
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