Osborne said plans to reverse Gordon Brown's «
pension tax raid» were an «ambition» that would only be fulfilled «when we have got on top of the deficit».
Not exact matches
Following the submission today of the NASUWT response to the Department for Education consultation on «Proposed Increases to Contributions for Members of the Teachers»
Pension Scheme», Chris Keates, General Secretary of the NASUWT, the largest teachers» union in the UK, said: «The Coalition Government should tell the public the truth about why it is seeking to
raid the
pensions of millions of ordinary public service workers and why it is
taxing public sector workers who are acting responsibly by trying to save for their retirement.
In 1997, Gordon Brown launched a
tax raid on private
pensions to fund part of his public spending spree.
«This revelation today shows that if it hadn't been for Tony Blair's insistence on watering down Gordon Brown's
tax raid, the damage would have been even worse than the # 100 billion hit that
pensions funds have already suffered.»
They also had a Windfall
Tax on Utilities and auctioned 3 - G licences,
raided Pension Funds and played with Fuel Duty...
taxes rose quite considerably... it was spending totals they froze causing real problems in the NHs etc which then exploded after 2001 rather like binge - dieting
Michael Contillo and Joseph Deglomini were indicted in the 1990s for
tax evasion, racketeering and conspiring to
raid the
pension funds of building trade unions with the help of organized crime.
David Gauke said that the state of the public finances meant that any idea to reduce
taxes (including reversing the Lamomt and Brown
raid on
pension funds) could only be an aspiration.
Then they turned to stealth
taxes, like the
tax raid that did so much damage to
pensions.
Under the headline, «Middle classes hit again with
tax raid on
pensions», the Daily Telegraph reports that -
Reversing Labour's
tax raid on
pension funds.
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raids, Corporate Manslaughter, Disciplinary Tribunals, confiscation and forfeiture and Financial Regulatory Offences.
«
Raiding pensions has become something of a «no - brainer» for successive UK governments as there's plenty of funds within them, most of it belongs to the better - off section of society, and they get
tax relief.»