Remember the last govt?

[DimPrawn]

Ever increasing public debt?
Ever increasing uncontrolled immigration?



UK public finances suffer worst April on record - Telegraph
Net immigration hits six year high in blow to Coalition - Telegraph

[DodgyAgent]

Ever increasing public debt?
Ever increasing uncontrolled immigration?



UK public finances suffer worst April on record - Telegraph
Net immigration hits six year high in blow to Coalition - Telegraph

Bring back Maggie

[Spacecadet]

BBC News - Migrants hold fifth of low-skilled UK jobs says ONS

under nu-labour

[DodgyAgent]

BBC News - Migrants hold fifth of low-skilled UK jobs says ONS

under nu-labour

So David Cameron is really

David Comeronski

[OwlHoot]

Ever increasing public debt?
Ever increasing uncontrolled immigration?



UK public finances suffer worst April on record - Telegraph

Raising VAT to 20% was a very stupid idea IMHO. Anyone who possibly can pay cash will make extra efforts to do that now, because it's so easy to see how much the VAT would be (divide the total by 10 and double the result!) And anyone paid in cash will doubtless often pocket the lot, without declaring it.

More and more people will get into this habit, of necessity. So the Government is entrenching an ever larger black market.

[AtW]

Raising VAT to 20% was a very stupid idea IMHO

No, it's not - 2.5% extra bring in like 20 bln or so and it is very hard to avoid it. Increase in inflation is the main downside but given it is going up so fast then it is the best time to do it.

Now the real stupid thing was to drop VAT to 15%.

[OwlHoot]

.. it is very hard to avoid it ...

It's very easy to avoid a lot of it - You just buy fewer new things, or none, and stick to second hand (paying in cash of course).

andfor example if a gas fitter quotes, say, £3000 for labour you pay in cash and save £600 VAT (and the fitter pockets the cash, ta very much guv!)

"No tax please, we're British"

[Old Greg]

Bring back Maggie

Bring back Wat Tyler.

[AtW]

It's very easy to avoid a lot of it - You just buy fewer new things, or none, and stick to second hand (paying in cash of course).

VAT is very predictable revenue stream and because it is charged on consumption it is hard to avoid it (macro-economically speaking).

[Shimano105]

You forgot:

- oil wars in the middle east at the drop of hat

Meet the new boss, same as the old boss etc.