Lincolnshire Voice

George Osborne (Bilderberg attendee in 2006, 2007, 2008 & 2009) Chancellor of Exchequer

Budget News

- VAT is to be raised from 17.5% to 20%
- £11 billion benefits squeeze
- Capital Gains Tax up
- Retirement age up

Bullingdon Boy George said, "This Budget is needed to deal with our country's debts. This Budget is needed to give confidence to our economy. This is the unavoidable Budget."

More pain is to follow in the autumn spending review when Government departments whose budgets were not ring-fenced face cuts in the order of 25%.

Comment:

So our government, to help businesses, first reduced VAT to 15% (as a sweetener for what was to come) so all products had to be re-priced and re-labelled due to the price difference. They then returned it to 17.5% so retailers had to re-price and label everything again. Yet we now hear news that VAT is going up to 20% so the poor old retailers have to re-price and label everything again - marvellous! How much has this cost businesses?

Meanwhile, the foreign aid budget has been increased to £13billion. More here.

We spend £billions on "global warming," immigration, membership of the corrupt & illegal EU and most importantly the totally immoral war in Afghanistan that costs us £5billion every year and has resulted in 300 deaths of British forces personnel.

Did YOU vote for them?