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'I make no bones about taxing the rich':... (UK)
Daily Mail (UK) ^ | Tuesday, Nov 25 2008 | enedict Brogan and Nicola Boden

Posted on 11/25/2008 6:01:26 AM PST by IbJensen

He insisted today that it was right for Britain and that lower earners would not suffer Alistair Darling said he 'makes no bones' about taxing the rich today as he defended his high tax, high borrowing £20billion giveaway. As the Tories claimed interest rate cuts would have been a far more effective way of easing the UK through a crippling recession, the Chancellor was brazen about targeting people who had made their fortunes under Labour. He insisted his Robin-Hood style mini-Budget was the right course for Britain and denied suggestions all but those earning less than £19,000 would lose out as a result of his emergency action. 'People (who earn) over £100,000 will actually be paying more, I make no bones about that, in three years' time, when the changes come through,' he said. 'But I believe that it is the right thing to do, to support our economy now, while at the same time making sure that as a country, we live within our means.' Borrowing will rocket to a record £300billion over five years to produce a national debt of more than £1trillion under the Government plans. The package will slash VAT by 2.5 per cent to 15 on Monday, cut the basic rate tax by £145 and give pensioners and parents cash in the New Year. However, the handout comes at a cost with a new top tax rate of 45p for those on more than £150,000 and a National Insurance rise hitting middle and high earners. And its success depends on rose-tinted forecasts that the recession will be over by next autumn - despite experts predicting it will last far longer.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; United Kingdom
KEYWORDS: darling

1 posted on 11/25/2008 6:01:26 AM PST by IbJensen
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To: IbJensen
What is interesting is that Madonna and other ultra wealthy liberal elites who support these marxists will do everything in their power to get out of paying these taxes (including moving and sheltering money - hello Bono!). It is the same in America.
2 posted on 11/25/2008 6:06:01 AM PST by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: IbJensen

Alistair Darling Obama.


3 posted on 11/25/2008 6:08:32 AM PST by Loyal Buckeye
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To: IbJensen
Let me tell you how it will be
There's one for you, nineteen for me
'Cause I'm the taxman, yeah, I'm the taxman

Should five per cent appear too small
Be thankful I don't take it all
'Cause I'm the taxman, yeah I'm the taxman

If you drive a car, I'll tax the street,
If you try to sit, I'll tax your seat.
If you get too cold I'll tax the heat,
If you take a walk, I'll tax your feet.

Don't ask me what I want it for
If you don't want to pay some more
'Cause I'm the taxman, yeah, I'm the taxman

Now my advice for those who die
Declare the pennies on your eyes
'Cause I'm the taxman, yeah, I'm the taxman
And you're working for no one but me.

4 posted on 11/25/2008 6:09:29 AM PST by andy58-in-nh (Liberty has few friends, many enemies, and no adequate substitute.)
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To: IbJensen

If the rich and super rich BO superstar supporters in this country were made to do their “patriotic duty” they would see all but say $10 million of their assets seized by the government. Nobody needs more than $10 million; right? They would be doing their part for the chosen one.

It doesn’t matter to them if the tax rate reaches 50% because with a half a billion dollars or more a larger tax bite does not affect their lifestyle. Give Oprah,Buffett and Soros and all of the sports, movie and singing stars a taste of what it is like to have to really gear down your lifestyle like the rest of us have to do when our taxes go up.


5 posted on 11/25/2008 6:17:02 AM PST by RJS1950 (The democrats are the "enemies foreign and domestic" cited in the federal oath)
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To: 2banana
..and other ultra wealthy liberal elites who support these marxists will do everything in their power to get out of paying these taxes (including moving and sheltering money..

Over the years many Brits have fled overseas to escape the taxman...the Stones being among the most famous.I've heard it suggested that Ireland has about the lowest personal and business tax rates in Europe and London's just an hour flight from Dublin.

6 posted on 11/25/2008 6:20:28 AM PST by Gay State Conservative (Obama:"Ich bin ein beginner")
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To: RJS1950
Give Oprah,Buffett and Soros and all of the sports, movie and singing stars a taste of what it is like to have to really gear down your lifestyle like the rest of us have to do when our taxes go up.

My God! How heartless can you be? Do you honestly expect Soros or the Kennedys to drive a two year old Chevy and fly Business Class rather than ride in a Mercedes stretch limo and fly in a Gulfstream IV?

You ought to be ashamed!

7 posted on 11/25/2008 6:24:08 AM PST by Gay State Conservative (Obama:"Ich bin ein beginner")
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To: RJS1950

Hey!!

I think you have a good Idea!

After all, no one ‘needs” more than 10 million dollars- why doesn’t the government sieze all assets over 10 million dollars and use them “for the poor”


8 posted on 11/25/2008 6:29:12 AM PST by Mr. K (Some days even my lucky rocketship underpants don't help)
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To: Loyal Buckeye

He’s not only a Darling, he’s a peach!


9 posted on 11/25/2008 6:30:40 AM PST by IbJensen (Obombazombies have given America to the Communists!)
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To: 2banana
Limousine liberalism is entirely a strategy to keep their wealth. They wave the red flag of communism then pull away. They are fooling the vicious but stupid beast of envy.


10 posted on 11/25/2008 6:32:36 AM PST by Reeses (Leftism is powered by the evil force of envy.)
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To: Gay State Conservative

You bet I’m heartless when it comes to those cockroaches. I’m betting that their assets won’t need to be seized to make it hurt. With the tax hikes that are most likely coming the average guy who supports the rock stars, sports stars, the movies and the businesses owned by the super rich like Oprah will be cutting back drastically on their spending for movies, sports and other things. Buffett is big in the insurance areas and those will suffer as people have to make choices and turn down their spending and that of their kids. Hope the superstars have enough money to support each other. The cult of celebrity is crap and the average Joe needs to realize that they are worshipping and making shallow and brainless morons rich who care not a thing about them.


11 posted on 11/25/2008 6:38:54 AM PST by RJS1950 (The democrats are the "enemies foreign and domestic" cited in the federal oath)
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To: AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; george76; ...

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12 posted on 11/28/2008 8:40:48 AM PST by SunkenCiv (https://secure.freerepublic.com/donate/_______Profile finally updated Saturday, October 11, 2008 !!!)
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