Wednesday, March 21, 2012

Lord Tebbit triumphs in the Budget

As the Conservative Party and Liberal Democrats fight like ferrets in a sack for ownership of the decision to increase the personal allowance from £7,475 to £9,205, it is worth paying tribute to Lord Tebbit, who has long advocated taking the poorest amongst us out of taxation altogether.

He has consistently sided with Nick Clegg on this matter, contra many in his own party, pointing out that it is nonsensical for people who are so poor that they claim welfare benefits to be deemed simultaneously sufficiently wealthy to pay income tax. He observed two years ago: 'The effect is that people at the bottom of the stack living on benefits who try to get back into work are hit by 20 per cent tax, 11 per cent National Insurance and benefit losses that can add up to amost 100 pence in the pound. It is all very well for the better-off to complain about the disincentive effect of losing 50 per cent of every extra pound they earn, but what about the poor devil at the bottom of the stack who loses 90 per cent?'

It has taken some time for his fiscal wisdom to permeate through to the Chancellor, but it is ethically right and wholly moral to support working people on the lowest incomes. In a 'fiscally neutral' budget, this move will mean that more than 2.5million low-wage earners will not have to pay any income tax at all. And all Ed Miliband can muster is a cry of 'Same old Tories'.

13 Comments:

Blogger The Gray Monk said...

Hopefully I can look forward to a few more pennies in my pension packet each month from April onward. I must remember to thank Lord Tebbit. At least someone in Westminster appears to be in touch with the realities of low incomes and the Labour Tax raid which doubled the tax we pay!

21 March 2012 at 15:01  
Blogger Mr Integrity said...

Your Grace,
I have been wondering why a number of Christians that I have come across are Lib Dem supporters, especially considering their Social Engineering policies. I can only assume, going by this blog, that some of their social fiscal policies are more attractive than the other two parties.
I still would not vote for them at the moment.

21 March 2012 at 16:06  
Blogger Marie1797 said...

Yes but the catch is the £9205 will not come into effect until April 2013 so what is the personal allowance for this year 12/13? It's still only a £670 increase from 11/12's rate of £7,475 to £8,145 for 12/13 and then the £9,205 13/14 So nothing to get excited about.
Or am I wrong?

21 March 2012 at 16:27  
Blogger someday said...

"Persons and parisshe preestes pleyned hem to the bisshop
That hire parisshes weren povere sith the New Labour pestilence tyme,
To have a licence and leve at London to dwelle,
And blog ther for symonie, for silver is swete."

http://ebooks.gutenberg.us/WorldeBookLibrary.com/piersplowman.htm

21 March 2012 at 16:31  
Blogger ENGLISHMAN said...

What is this?old norm maturing with age?So he does not want us to get on our bikes and look for work,or pensioners knitting themselves jumpers before the onset of hypothermia?No this is the new compassionate norm,the peasants friend,obviously to old to lift his leg high enough to stamp on us anymore,perhaps this time he is trying to kill us with kindness?

21 March 2012 at 16:47  
Blogger haddock said...

perhaps he had been reading UKIP's policy...

21 March 2012 at 16:47  
Blogger Old Blue Eyes said...

ENGLISHMAN - Your comments show a total ignorance of the true character of the man you call "norm". He is, and always has been, a man of compassion and honesty. I am certain that he still would urge you to get on your bike and look for work and what is wrong with that? Far better than sitting on your backside watching the rubbish that is served up on TV all day. I have nothing but the highest regard for Lord Tebbit and rue the day that his services to government were cruelly ended by that cowardly IRA bomb. He would have made a great Prime Minister.

21 March 2012 at 17:26  
Blogger Office of Inspector General said...

Hmmn. Nothing from the chancellor re the Inspector’s proposed tax on KY lubricant. heh heh

21 March 2012 at 18:15  
Blogger Roger Pearse said...

Well said, your grace. Even at 10k a year, how many of us would choose to try and live on that? And remember the greedy councils will still tax us.

But it's a step in the right direction.

21 March 2012 at 20:00  
Blogger Roy said...

@ Roger Pearse

Even at 10k a year, how many of us would choose to try and live on that? And remember the greedy councils will still tax us.

On the subject of greedy councils we hear plenty about the "nasty" Tory-inspired cuts and some of the proposed cuts certainly do appear to be nasty, e.g. there has been talk in some councils of sacking the "lollipop" men and women who guide schoolchildren safely across roads.

However, I do not recall any news at all about any political commissars being made redundant. By "political commissars" I mean the political activists who are put on the public payroll in departments dealing with topics such as "diversity" or "combatting climate change."

Have any diversity officers or climate change officers been made redundant anywhere or are such people far more important than the "lollipop" people who protect the lives of children?

21 March 2012 at 21:24  
Blogger Gnostic said...

Warsi is trying to walk a mile in Tebbit's shoes. Shame she fell flat on her face after the first step. Cameron sure knows how to pick 'em.

22 March 2012 at 07:29  
Blogger ENGLISHMAN said...

OBE,i do not have a television,and would not even if i was paid,having been the recipient of norms "honour""compassion"and "honesty"i can truly say that it stinks,along with that crone that he worked for,imagine my delight when after one budget,out of a pay packet of £36,norm and his highwaymen,allowed me to keep £10,probably so that i still had the strength to pedal,and tug my forelock.there is only one beneficial aspect to tory rule ,and that is we know exactly what we will get at the hands of this tory scum,a worse kicking than we get from the commie scum of "labour"

22 March 2012 at 07:57  
Blogger Oswin said...

ENGLISHMAN : wassup, someone stolen your bike?

22 March 2012 at 16:35  

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