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Thursday, November 26, 2009

UK taxpayers face a generation of pain

How much do reckon disposable income in the UK will fall in the next 2-3 years as a result of higher taxation. Come on; don’t tell me you have built that into your marketing plans. What am I offered - 2% - 5% - 10%?

Of course it will not be the same across all of UK society but as sure as eggs are eggs we are in for a significant, arguably the greatest, hike in the rate of tax take. You don’t want me to go over the reasons for this, if you are interested read this article in the FT.

Let me leave you with the concluding sentence: “Whatever happens, people in Britain will have to get used to paying much more for their public services and receiving much less.”

Want to rethink those budgets for 2010? Dick Stroud

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