Savage Tory Cuts – Budget 2010

Today’s budget is a savage attack on working people and provides tax cuts for the bankers and big business.
Only two months after the Tories said they didn’t need to raise VAT they have hiked it to 20 per cent, hitting the most vulnerable in society the hardest, but will cut corporation tax year on year.
The top ten percent of earners pay only £1 out of every £25 of their income on VAT, but the poorest are hit for £1 of every £7 they earn, and that is unacceptable.
A public-sector pay freeze and savage welfare cuts will add to unemployment and cause massive hardship, and could well throw us back into recession.
The government should have closed the loopholes that result in the wealthy getting away with £125 billion in unpaid tax.
People who voted Liberal Democrat to keep out the Tories and their vicious cuts have been duped – now they’re in the government the Lib Dems are gung-ho for cuts they condemned only two months ago.

For the key facts visit the BBC website. For other Labour responses to the budget, visit the Labour Lists website, the Left Economics Advisory Panel’s website, the LRC website, Sarah Evans Labour’s website, and of course the Labour Party’s article: The Tories, Family Butchers since 1679, Fresh Cuts in Store For You, available on the website.

Advertisements

About Sarah Evans

Community campaigner, working mum, Labour Party activist, chair of Hampshire Labour Representation Committee (LRC) and LRC national committee member.
This entry was posted in Budget, coalition government, same old Tories, Savage Tory Cuts and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s