The Mudcat Café TM
Thread #130345   Message #2932981
Posted By: Smokey.
22-Jun-10 - 09:56 PM
Thread Name: BS: A well balanced fair budget! (UK)
Subject: RE: BS: A well balanced fair budget!
The points made about personal spending as a proportion of income are tediously obvious and very true, but the fact remains that richer people generally spend more, and consequently are a greater source of VAT as individuals than poor people. That's a good thing, as far as I can see. The overall wealth of the individual is a separate issue entirely and not one I expected this budget to address.