Doesn’t add up

Douglas Carswell shows us exactly how bad governments involving all three main British political parties have been at primary school level arithmetic.

Here’s a thought; spending to prop things up cost us £390 billion we do not have. Abolishing corporation tax entirely would have cost the Treasury less than half that amount – £140 billion – in lost revenue over the past three years.

Or it could have been of personal taxation or a mix of things. Either way people would have had money in their pockets to spend on things they needed or wanted. Instead of which a few banks which should have gone down the swanney survived.

Whoopee.

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Posted on November 25, 2011, in Uncategorized and tagged , , , , . Bookmark the permalink. Comments Off on Doesn’t add up.

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