Sunday, August 27, 2006

The Power of economics


I know it is a tired tune I keep playing over and over, but only
because it is true! Percieved economics is what drives voter concerns.
More than that, according to the Sunday Times:


10million want to quit UK

One in five Britons — nearly 10m adults — is considering leaving the country amid growing disillusionment over the failure of political parties to deliver tax cuts, according to a new poll.

Now the Brits run polls quicker than I can change underwear, and I'm
not sure which offers greater opportunity for offence.

The extensive survey conducted by ICM, the polling company, shows that — contrary to the current approach of both Labour and the Tories — an overwhelming majority of voters do want to seecuts in income and inheritance tax.

The poll found that a large majority of people — 81% against 9% — supported a
“significant” increase in the £32,000 threshold for the 40% tax band, which would take more people on middling incomes out of that bracket.




It's not like these people, the ordinary voters anywhere, know a great
deal about economics; but they know what effects their spending power.

One of those key factors is the 'wage bracket (or band)', the points
where income tax can become onerous because of historical 'bracket
creep', where low or middle wage earners find they are thrust into a
higher tax bracket.

But the poor Brits might as well dream of Xanadu, because wherever they
go they will find governments who are unwilling to imp[ose fair tax
burdens.

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