Quote:
Originally Posted by Peoplesoft bloke
Indeed - some people still think Thatcher reduced taxes even though she didn't - people will believe what they want often according to blind loyalty rather than any basis of fact.
That said I hope Gordo fails - it's time we had a change.
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What an idiotic cliche that again missies the point of Thatcher. Taxes may not have gone down in terms of revenues taken , but she created an environment of wealth creation that enabled people (all people including the working class) to make more money. With such an environment people had access to borrowing, and enjoyed more choice in how they spent their money. The wealth base went up and so probably did taxes.
The same thing happened in the USA. Reagan by reducing the tax levels actually increased the amount of tax that was paid.
You and the rest of your small minded lefties cannot bear to attribute credit to where it is due. Your attitude to Thatcher is exactly the inverse of your
own words- "people will believe what they want often according to blind loyalty rather than any basis of fact"