Wednesday, 23 April 2008

Brown bottles it again

So Brown has caved in to backbench pressure and has announced measures to be looked at to compensate those that have lost out with the abolition of the 10p band.

Let's be clear - he has not done this because the lower paid will be worse off but because so many Labour MPs were going to rebel.

So what we have now is a system where the lowest paid will pay more tax and then have to claim some of this tax back in government hand outs if the government decide to give it back.


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