Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: THE ANT who wrote (64460)	6/26/2010 7:23:36 AM
From: elmatador	Read Replies (2) \| Respond to of 217840

Consumption taxation starts. Uk cars taxes from 17.5% to 20% Aims to increase revenue 13 billion pounds. That will cover only 23% of the deficit. Which it needs to end in five years time. The increase means a 20.000 pounds car will carry additional 500 pounds of taxes. also fuel is going to be much heavily taxed. Before elections labour government had already announced two fuel tax increase. This is the shape of things to come as consumption will be taxed more and more.

To: THE ANT who wrote (64460)	6/26/2010 7:27:51 AM
From: elmatador	Read Replies (1) \| Respond to of 217840

UK Banks will face an annual extra levy of 2 billion pounds, a move in conjunction with Germany and France. Capital gains tax on the sale of assets will rise to 28 percent from the current 18 percent. reuters.com Consumption and capital would face heavier taxes. Greece gave the impetus for that. else would not have been done. ... There will be a two-year pay freeze for public sector workers. Osborne reckoned he could cut 11 billion pounds off the welfare bill. He wants single mothers to go to work when their children go to school, a reduction in the number of people registered as disabled and will impose cap on housing benefits. Thanks Greece!