As Mr.Brown has already instucted the bank of England to increase the interest rate, what will happen to our taxes when he becomes the prime minister.
2006-11-20 00:38:16 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
I am praying he never makes prime minister for that exact reason. Look at the damage he is done to the average punter as chancellor, think of what he could therefore do as PM.
The bottom line is that we pay enough taxes and his focus has got to be on increasing efficiency and cutting costs, not increasing revenues yet again and crippling the hard-working, honest individual any further.
2006-11-20 00:42:36 · answer #1 · answered by Chris G 3 · 0⤊ 0⤋
I think you're stretching it a bit to say that he instructed the BOE to increase the interest rate. When he handed over power to set the rate to the BOE their remit was to keep inflation within certain limits. For some time this resulted in a steadily reducing interest rate.
The latest increases have more to do with energy prices and the rising level of debt.
If Gordon Brown becomes prime minister then the fate of our taxes will be in the hands of his as yet unnamed successor.
2006-11-20 01:26:17 · answer #2 · answered by tringyokel 6 · 0⤊ 0⤋
I hope he never does become prime minister as the taxes will hit the roof.
2006-11-20 22:41:29 · answer #3 · answered by Mags 3 · 0⤊ 0⤋
Next? Current.
2006-11-20 00:45:31 · answer #4 · answered by The Jade Merchant 4 · 0⤊ 0⤋
Why do you ask this.....he has increased our taxes whilst he has been the chancellor (and everybody has blamed him) so the responsibilty and blame will land on whoever is the next chancellor - heaven forbid it is another Labour ****!!!
2006-11-20 06:33:31 · answer #5 · answered by saintee 5 · 0⤊ 0⤋