Gordon Hits A Century
Gordon Brown will clock up a century later this week in his budget speech as he announces his 100th tax increase since coming to office. Gordon has already put up taxes 99 times as chancellor to pay for his public sector spending splurge, but more is likely to be on the way on Wednesday.
George Osborne, the shadow chancellor, said that on past form there would be “stealth tax rise number 100″ in the Budget, even though Britain already had the highest tax burden in its history.
“These 99 stealth tax rises have made our economy less competitive and hit family incomes hard,” he said.
“They are part of the reason people are feeling the pinch as our real living standards fall. Even more depressing is that so many people look at the state of our public services and ask: where has all my money gone?'’
The tax burden in britain is now 42.7% of GDP, up from 39.5% 10 years ago, one of the biggest increases in the western world, and yet our standard of living has barely improved. The next big question is: can Gordon do as much damage from number 10 as he has done in number 11?
