Wednesday, March 17, 2004
Not taxing, still spending
Posted by David Smith at 05:06 PM
Category: Thoughts and responses

In his budget on March 17, Gordon Brown presented a determinedly upbeat view of the economy. Health and education are promised plenty of funds in the summer comprehensive spending review, but no departments will suffer overall cuts. They will, however, have to produce efficiency savings and reductions in civil service numbers.

Brown's message was that public services are safe with him, and so are tax prospects. Despite borrowing 37.5 billion this year and 33 billion in 2004-5, he does not expect to have to raise taxes. Independent forecasters remain sceptical. A full analysis will appear at the weekend.


If 40,000 or so civil servants are really fired, let go or whatever I'll be amazed to the point of demanding a recount.

Posted by: paul d s at March 18, 2004 12:36 AM

kill 2 birds with one stone.
make any inheritance free of tax if used to buy a pension for the beneficiaries - normal tax rules on anything 'retained'
resolve the growing dissatsfaction with inheritance tax, reduce evasion and simplify the rules
increase national saving and pension provision without costing anything
really improve it if give a handout to grandchildren or under 25s as pension retained longer and grows more.

Posted by: greg shaw at April 5, 2004 10:59 PM


Posted by: buy alesse at August 16, 2006 04:33 PM