British Budget reduces tax for rich and cuts welfare for the poorest by Magonsdaughter

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British Budget reduces tax for rich and cuts welfare for the poorest

POSTED BY: MAGONSDAUGHTER
UPDATED: Wednesday, March 21, 2012 12:12
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Wednesday, March 21, 2012 10:40 AM

http://www.guardian.co.uk/uk/2012/mar/21/budget-2012-pensioners-hit-in
come-tax-breaks

I wonder if KPO has anything to say about this.

The irony is that the GFC was created by the wealthiest and most powerful in society, who as far as I can see have had nothing but bailouts and assistance, while the poorest are made to bear the brunt of their greed.

This system is WRONG>

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Wednesday, March 21, 2012 11:57 AM

OONJERAH

Similar problems here in US.
From 2009 - 2011, those on Social Security got no COLA raise.
I know some got a small one in 2012, but maybe not all.
While Social Security stayed the same, there is also Social Security
Disability, mostly paid for by the states. That was Lowered by
a substantial amount.

Basically, the elderly & disabled are paying a share for the recession
while, in fact, the cost of living went right on up.

I suspect the filthy rich will create jobs, probably not in the USA.
Means permanent recession. Makes no sense to me. More jobs here
mean more GNP, more taxes.

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Wednesday, March 21, 2012 12:12 PM

WHOZIT

Isn't Barry trying to cut benefits for the troops? I think he also wants to fire around 80,000 of them too. That's OK though, they're not union.

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