tag:blogger.com,1999:blog-6382255864661846735.post9154328564479043738..comments2024-02-24T08:45:36.112+00:00Comments on TheFatBigot Opines: Savings and tax, a good startTheFatBigothttp://www.blogger.com/profile/17255526385076528633noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6382255864661846735.post-11172347381979609872009-01-07T10:42:00.000+00:002009-01-07T10:42:00.000+00:00Letter From A Tory has written a similiar post tod...Letter From A Tory has written a similiar post today, his being a response to Heffer's Cameron-bashing piece in the Telegraph. <BR/><BR/>I agree with LFAT and yourself. There may be lots of things we want Cameron to do and say and many of them would be radical. But to say them would simply be bad strategy.<BR/><BR/>He's in a tricky spot. His policy ideas are either nicked by Brown or attacked as the policies of a typical uncaring Tory toff.<BR/> <BR/>I actually think he is being (mostly) quite canny. Well, as canny as he can be.<BR/>What he somehow has to do is to make sure voters can see a definite difference between his crowd and the other lot. One way of dong that is to show to savers that he is on their side. Brown certainly isn't. It's a tiny step, but an inch is better that a mile, as they say.Bob's Head Revisitedhttps://www.blogger.com/profile/13925525488637291703noreply@blogger.comtag:blogger.com,1999:blog-6382255864661846735.post-35502511944192012022009-01-07T04:29:00.000+00:002009-01-07T04:29:00.000+00:00Welcome to my little world Mr James. Two comments...Welcome to my little world Mr James. <BR/><BR/>Two comments in one day, both spouting standard New Labour catch-phrases. Who would have thought my modest ramblings would be of such interest to the Rapid Response Unit? <BR/><BR/>Incidentally, if you want to comment on a post, do try to relate your comment to the subject addressed. Not once did I suggest that Mr Cameron's proposal was any kind of short-term stimulant to help us out of the mire in which your friend Gordon has landed us.TheFatBigothttps://www.blogger.com/profile/17255526385076528633noreply@blogger.comtag:blogger.com,1999:blog-6382255864661846735.post-29043561620731869952009-01-07T04:22:00.000+00:002009-01-07T04:22:00.000+00:00Mr W, you have fallen into the trap of forgetting ...Mr W, you have fallen into the trap of forgetting that economic policy is not just about a balance sheet but also about politics. <BR/><BR/>If, as I believe to be the case, it is necessary to shift away from reliance on credit and tax-funded provision and towards self-sufficiency, the question arises whether there is anything the government can do to help that shift. <BR/><BR/>Giving tax breaks to savers might not give them much more money but it will give them a little more and, in that way, will encourage more saving. There is very little government can do in this field, but the need for the shift is so great that every little helps. <BR/><BR/>The simple fact is that all income is not taxed at a flat rate. We are where we are and must deal with the problems the current situations brings.TheFatBigothttps://www.blogger.com/profile/17255526385076528633noreply@blogger.comtag:blogger.com,1999:blog-6382255864661846735.post-49531919867438976982009-01-06T11:29:00.000+00:002009-01-06T11:29:00.000+00:00FB,I understand that you want to applaud David Cam...FB,<BR/><BR/>I understand that you want to applaud David Cameron's new initiative, which is designed to appeal to savers and boost his opinion poll ratings.<BR/><BR/>It is, however, a totally stupid idea economically.Any fiscal stimulus should be designed to boost aggregate demand, and this will do absolutely nothing to help.james chttps://www.blogger.com/profile/13785095987685681356noreply@blogger.comtag:blogger.com,1999:blog-6382255864661846735.post-12560565394741427662009-01-06T07:55:00.000+00:002009-01-06T07:55:00.000+00:00TFB, you have fallen for all the propaganda about ...TFB, you have fallen for all the propaganda about saving. While agreeing that the overall tax burden is far, far too high, further tax breaks for saving are completely pointless. All income should be taxed at the same flat rate, that hampers the economy least.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.com