http://news.bbc.co.uk/today/hi/today/newsid_8574000/8574008.stm
Hague should of course have been promising the voters the tax regime of Belize (which has no capital gains tax).
He could also have promised no inheritance tax, a top rate of income tax of 20%, no welfare state and the privatisation of the NHS.
If he had done so, the markets would respond and sterling appreciate.
But they are too cowardly and stupid to try anything like this.
THE VOICE OF REASON Solon, (born c. 630 BCE—died c. 560 BCE), Athenian statesman, known as one of the Seven Wise Men of Greece (the others were Chilon of Sparta, Thales of Miletus, Bias of Priene, Cleobulus of Lindos, Pittacus of Mytilene, and Periander of Corinth). Solon ended exclusive aristocratic control of the government, substituted a system of control by the wealthy, and introduced a new and more humane law code. He was also a noted poet.
Showing posts with label Belize. Show all posts
Showing posts with label Belize. Show all posts
Thursday, 18 March 2010
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God behaving badly
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If sterling depreciates after such an announcement, they would know it was a stupid thing to say and backtrack, which they are so skilled at doing after 5 years of Camoronian cowardice.
What have they got to lose but the election?