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Unilateral Bank Levy.

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    #11
    Originally posted by d000hg View Post
    If they are finding ways around it fix the system...
    System is too complex to get fixed, it needs to be simplified and that is impossible politically as no party in the UK has got guts to do simple stuff like flat rate income tax.

    I don't like current complex system but I like even less banks screwing everyone including those people (like myself) who did not get into debts - wtf banks are allowed to pay 0% interest rate on savings and lend out money at 5-20%?

    Instead of levy though I'd prefer to see strict regulation with bank execs going to jail on a regular basis - 20 years to life would be fitting punishment for any crime damage of which greatly exceeds lifetime earnings of an average person.

    Banks will certainly have to be paying for the bailout, well - customers of banks will pay for it, ie taxpayers paid indirectly (via money printing) now they will pay directly via taxes, higher prices on bank services and inflation.

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      #12
      Originally posted by MrMark View Post
      This is potentially the most disastrous policy proposed by any political party. Amazingly enough it's the Conservative Party who are proposing this. Have we all gone mad?
      I think we'd have to say that the Liberals and Labour are both supporting the TAX on jobs or business if you prefer.

      The Liberals have also raised the spectre of more business taxes in their manifesto.

      So the conclusion has got to be the Labour-Liberals are more business unfriendly....

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        #13
        Originally posted by Green Mango View Post
        So the conclusion has got to be the Labour-Liberals are more business unfriendly....
        And Conservatives are super friendly to the business with that "massive" 1% NI removal? They are all unfriendly to all taxpayers - business or individual until they start cutting down massively on public spending - none of the main parties dare to propose that.

        1% NI makes fook all difference when real inflation is much more than that.

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          #14
          Originally posted by AtW View Post
          And Conservatives are super friendly to the business with that "massive" 1% NI removal? They are all unfriendly to all taxpayers - business or individual until they start cutting down massively on public spending - none of the main parties dare to propose that.

          1% NI makes fook all difference when real inflation is much more than that.
          Well there is going to be plenty of financial pain to pass around after the election, but if
          the Lib-LAbs load it on to business that will damage the jobs recovery.

          It would be better to cut the public sector as the Tories intend and remove the burden that
          Labour have placed on UK jobs....

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