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Technology Stocks : Nortel Networks (NT)
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To: zbyslaw owczarczyk who wrote (9127)12/27/2000 7:10:35 PM
From: Steve Lee  Read Replies (1) of 14638
 
"due to general tax cats in UK"

What cuts (or did u mean cats?) would they be. I am paying more tax percentagewise than last year, which was more than the year b4. And the socialist govt is continuing this trend. Headline tax brackets r not increasing but there is ever more legislature taxing us in other ways whether it is through fuel, increasing the scope of sales taxes, increasing the scope of national insurance thru IR35 and construction taxation schemes, the abolition of exemptions such as MIRAS and increasing the scope of stamp duty.

I see a similar trend in the remainder of western europe. I am running my affairs in such a way that the UK govt does not tax me on the majority of my income, as it is based overseas. It is their loss. So where are these cuts and the higher growth?
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