Because they will never want 31 per
cent flat tax or two million job losses in the public sector, to be replaced by discredited voodoo economics from the 1980's.
Not exact matches
In addition, the federal government would reduce its federal
taxes (they advocate corporate income
taxes) by 90 per
cent of the difference between the October 2010 Update projections for the CHT / CHT and the
flat - lined amount from 2014 - 15 on.
Excluding the volatile fresh food component, consumer prices have been
flat over the past year, compared with deflation rates of almost 1 per
cent in recent years, although part of this improvement is attributable to increases in administered medical prices and tobacco
taxes earlier in 2003.
Higher dairy profits countered
flat earnings in alcoholic beverages and pushed Lion's group earnings before interest and
tax up 4 per
cent to $ 695 million, before one - off costs, despite a 5.6 per
cent decline in group sales to $ 4.71 billion.
Godfrey Bloom, the party's economics spokesman, wants to create a
flat rate of income
tax at 25 per
cent with a personal allowance of # 13,000, a policy which he accepts will bring particular benefits to middle earners.
Among the party's other policies: a # 50bn a year cut in spending, a 31 per
cent flat rate of income
tax, the abolition of national insurance, a five - year freeze on new immigrants settling in Britain, a ban on wearing the burka in public - and in some private — buildings, and boot camps for young offenders.
Alistair Darling's attempts to simplify the CGT system with a
flat 18 per
cent rate of
tax have been met with fierce opposition by business leaders, prompting speculation the Treasury would be forced to make some concessions.
Mr Osborne announced an increase in the threshold before workers start paying income
tax to # 8,105, financial support for first - time home buyers, a two per
cent cut to corporation
tax this year, a
tax on private jets, a clampdown on non-doms, the introduction of # 140
flat - rate state pension, a review into a merger of national insurance and income
tax and a fair fuel stabiliser, including a 1p cut on fuel duty.
In their 2010 manifesto Nigel and his crew said that if they won a majority in the House of Commons they would eliminate progressive
tax codes and replace them with a
flat tax of 31 per
cent to kick in on all personal income over # 11,500.
«The Calgary changes increased the filing fee for property assessment complaints from a
flat fee of $ 50 to a fee calculation based on one per
cent of the prior year's
taxes,» says REALpac.