Tuesday 29 May 2012

Let Them Eat Cake

So the government has done a U-Turn on the  " pasty tax " and VAT on static caravans.

Explained as " listening " to genuine concerns but viewed as cynics as a way of increasing coalition popularity.

To me it just seems incredibly weak behaviour.

The treasury needs every penny it can get. I don’t particularly agree that these additional taxes were the fairest or best way to obtain additional revenue so am not sad to see the changes.

What I am sad to see is no other changes to compensate for the lost revenue.

We either need the money or we don’t !

And while I'm ranting, how come this was not announced in parliament ?

As the markets watch and wait, do you think they view or leaders as being made of the right stuff ?

Final point, when I heard the news I could not help but think of Marie Antoinette


and the attributed quote " let them eat cake " in response to seeing starving peasants.

I don’t know why.

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