Treasury expects to lose billions on 50% tax

[Martial Arts Man]

http://business.timesonline.co.uk/tol/business/eco...

You know a government is doomed by the speed with which its plans unravel.

[Groober]

Their not actually loosing money though are they, their just wont making as much as they thought?

[Muncher]

Groober said:

Their not actually loosing money though are they, their just wont making as much as they thought?

Yes because the Revenue are being given £1bn extra to help enforce it. So more civil servants and no increased tax yield.

[Martial Arts Man]

Muncher said:

Groober said:

Their not actually loosing money though are they, their just wont making as much as they thought?

Yes because the Revenue are being given £1bn extra to help enforce it. So more civil servants and no increased tax yield.

Quite ironic huh?

Spend 1£billion to make 1.1£billion.


We should be relieved it didn't spend 1.1 to make 1.

[Hammerwerfer]

Groober said:

Their not actually loosing money though are they, their just wont making as much as they thought?

If they are not loosing money, they must be tighting money.

[Martial Arts Man]

Hammerwerfer said:

Groober said:

Their not actually loosing money though are they, their just wont making as much as they thought?

If they are not loosing money, they must be tighting money.

Is that something to do with stockings?

[Groober]

Martial Arts Man said:

Muncher said:

Groober said:

Their not actually loosing money though are they, their just wont making as much as they thought?

Yes because the Revenue are being given £1bn extra to help enforce it. So more civil servants and no increased tax yield.

Quite ironic huh?

Spend 1£billion to make 1.1£billion.


We should be relieved it didn't spend 1.1 to make 1.

There you go then their going to make 100K. Just think, they could buy a bedsit for some Albanian imigrants with that Now you tell me thats not worth it

[groucho]

Isn't that a £100m? Sorry.

[Guybrush]

Martial Arts Man said:

http://business.timesonline.co.uk/tol/business/eco...

You know a government is doomed by the speed with which its plans unravel.

Same old tired Labour, making the same old mistakes.

[ViperDave]

Groober said:

Martial Arts Man said:

Muncher said:

Groober said:

Their not actually loosing money though are they, their just wont making as much as they thought?

Yes because the Revenue are being given £1bn extra to help enforce it. So more civil servants and no increased tax yield.

Quite ironic huh?

Spend 1£billion to make 1.1£billion.


We should be relieved it didn't spend 1.1 to make 1.

There you go then their going to make 100K. Just think, they could buy a bedsit for some Albanian imigrants with that Now you tell me thats not worth it

groucho said:

Isn't that a £100m? Sorry.

second home for an MP then

[oyster]

Martial Arts Man said:

Muncher said:

Groober said:

Their not actually loosing money though are they, their just wont making as much as they thought?

Yes because the Revenue are being given £1bn extra to help enforce it. So more civil servants and no increased tax yield.

Quite ironic huh?

Spend 1£billion to make 1.1£billion.


We should be relieved it didn't spend 1.1 to make 1.

10% return in year one? Pretty decent net value return.

[Martial Arts Man]

oyster said:

Martial Arts Man said:

Muncher said:

Groober said:

Their not actually loosing money though are they, their just wont making as much as they thought?

Yes because the Revenue are being given £1bn extra to help enforce it. So more civil servants and no increased tax yield.

Quite ironic huh?

Spend 1£billion to make 1.1£billion.


We should be relieved it didn't spend 1.1 to make 1.

10% return in year one? Pretty decent net value return.

If it was an investment, then yes.

Not sure it's the answer to £700 billion debt, as was implied by the gov't though.