A SOCIALIST BUDGET
Amidst all the fine tuning and penny pinching of Gordon Brown’s latest budget, two items stand out.
Firstly, he has continued with the policy of the nationalisation of the family. He has announced that single mothers will receive more subsidies in an attempt to get them out to work, which will of course entail them leaving their children in nurseries.
There is no reason why single mothers should not be allowed to bring up their own children. The government should have reinforced the institution of marriage by making tax allowances transferrable between husband and wife, rather than paying people to take care of other people’s children. The growth in the number of single mothers has grown as the status of marriage has been undermined.
Secondly, it has been announced that the UK has lost one million manufacturing jobs since Labour was elected to government. Last year 93,000 jobs were lost. This demonstrates that the real economy is not booming as much as the state sector, and that the UK growth rate may well not be sustainable.
To make matters worse, Germany has announced that it will cut corporation tax to only 19%. This is against the UK rate of 30%. The rate for Austria is 25%, for Poland it is 18%, and for Estonia it is zero.
As Labour continues to spend and tax, imposing ever increasing taxes, there is a very real danger that the UK will no longer be able to compete with the lower taxed EU countries and will be taxed into recession.
Firstly, he has continued with the policy of the nationalisation of the family. He has announced that single mothers will receive more subsidies in an attempt to get them out to work, which will of course entail them leaving their children in nurseries.
There is no reason why single mothers should not be allowed to bring up their own children. The government should have reinforced the institution of marriage by making tax allowances transferrable between husband and wife, rather than paying people to take care of other people’s children. The growth in the number of single mothers has grown as the status of marriage has been undermined.
Secondly, it has been announced that the UK has lost one million manufacturing jobs since Labour was elected to government. Last year 93,000 jobs were lost. This demonstrates that the real economy is not booming as much as the state sector, and that the UK growth rate may well not be sustainable.
To make matters worse, Germany has announced that it will cut corporation tax to only 19%. This is against the UK rate of 30%. The rate for Austria is 25%, for Poland it is 18%, and for Estonia it is zero.
As Labour continues to spend and tax, imposing ever increasing taxes, there is a very real danger that the UK will no longer be able to compete with the lower taxed EU countries and will be taxed into recession.
posted by erc @ 8:32 pm
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