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Showing posts from November, 2015

An end to political arguments?

Well, probably not but I've found a very useful document for some of those arguments down the pub (or more often these days, on Facebook). It works like this: Person A wants the government to spend more money on something Person B says we can't afford it Person C says of course we can - tax the rich/cut benefits/etc. Trouble is, even if Person A knows exactly how much money s/he wants spending, no one knows whether the bill will in fact be covered by what Person C proposes. Well, I found an answer. It's a government document and I'd be the first to agree that "Direct effects of illustrative tax changes" is not the snappiest title - but stay with me! The short version is just two pages long and shows just how much money you could raise by adding 1p to the major tax rates - around £4 billion for a penny on standard rate income tax for example. You want to spend around £800 million? Easy - raise Corporation Tax by 1%. Even better, that will yield tw...

"I'm a pay and go customer"

Recently I was in "Savers" and although I don't even look like a bloke who'd be interested in a special offer on lipstick they just had to ask. Today I was in Boots and in a hurry. There was a substantial queue. Them: Do you have Boots card? Me: No Them (brightly): Would you like a Boots card? Me: I'm a pay and go customer! I should have deployed it earlier really.