Showing posts with label Taxation. Show all posts
Showing posts with label Taxation. Show all posts

Sunday, April 09, 2006

The Merit of Low Taxation

US Economy Adds 211,000 Jobs in March; Unemployment Rate at 4 1/2 Year Low

Gordon Brown and David Cameron had better take note of the statistics coming from across the Atlantic. We all know that Britain's unemployment and job creation statistics happen to be erroneous. Its true nature is masked by the proliferation of public sector non-jobs and the siphoning off of the unemployable on to incapacity benefit - all 2.7 million of them.

There is no greater incentive then allowing a private individual to spend his own money. You cannot take risks unless you have fiscal responsiblity; they are two sides of the same coin. Until Brown and Cameron realise this, our fortunes will forever be bound to multi-national companies based in the UK.