Hard to believe but it does appear that the Tories are getting they're act together. Personally I don't believe that inheritance tax is a particularly vital one to target in terms of cost. However, it is a very emotive tax that has hit more and more people as house prices have risen and allowances have failed to rise at the same rate. The main thing is that it is the kind of tax cut that all but the most rabid lefties will tend to support and shows a tax cutting agenda.
More important is the proposed reduction of corporation tax, though I would hope that the 25% is merely a first step. Socialists, (defin. fucking tosswankers with no clue how to run an economy who gargle the fetid felch juice of bansterbation, (this definition will be expanded and corrected upon my whim)), will cry "NOOOOO!!!!! You giving all the money to EVIL CORPORATIONS!!!!!!". This is presumably because they fail to acknowledge the rather direct relationship between corporation tax and wage depression, (0.8% decrease in wages for each 1% rise in corporation tax).
I have never voted Tory before, I just missed out on the 1997 election and then voted Lib Dem and was even a member for while. Eventually I had to give up on them, it was not Charlie's alcoholism, (better a pissed but decent chap than a sober puritan), nor was it the fact that they were never likely to form a government. No, what got me in the end was that they were no longer liberal in a broad sense. This is not to detract from the Lib Dems stands on some civil liberty issues, (although the Lords seem more effective), it is the high tax high spend mentality that will always end up interfering in peoples lives because "something must be done".
Libertarian meat eater, right wing in the sense of conservative with a small c.
- ▼ 2007 (44)