Wednesday, 19 March 2014

Budget makes Tory priorities clear.

Just two items in today's budget illustrate what conservative priorities are;

Further savings due to be achieved through Public Sector pay restrictions

Another blow to Public Sector workers who are being made to take all the pain caused by the greedy bankers and all the other "Spivs and Speculators"  

Introducing legislation to remove restrictions on drawing down pension pots. Tax on cash taken out of pension pot on retirement to be reduced from 55% to 20%.

In total contrast a massive tax cut for Bankers with their Gold Plated pension deals they have given themselves, remember some bankers accrue pensions well over £10m. For some this is a £3.5m hand-out.