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in very round about way, yes. really im just putting down another daft old political cliche.

you made the qualification, not me. and you are technically quite right about what "wealth" means. of course in typical politicking you mean wealthy to be any one who earns more than what we think isnt wealthy - its rather relative. 30% of the population dont see the Tories as only helping...

if we assume as you pointed out correctly earlier that wealth is unspent accumulated income, then tax cuts do not benefit them. taxes are either income or consumption, so wealth is unaffected positivly or negatively (exception for inheritance).

this is good cliche thats been quite successfull - otherwise you wouldnt be blindly repeating it. the cost of living has gone up 1-2% in past year, as high as 5% in the past 5 years, hardly rocketing.

was it still falling apart after 10 years? if all the spending went on infrastructure, the budget would balance after a round of investment. unfortunatly most the spend has gone on reoccuring costs.

i wouldnt say simple, quite strange. though fair play for not trotting out the usual guff, which usually ignores 0 VAT and the proportion of income spent on that is less as you earn/spend more. what you seem to be saying is you want people who dont spend their money to be punished.

well since 1994 at least. and yet he still couldnt balance a budget, thats why we ended up with all the spending because the state was vastly embiggened on his watch.

why didnt you make that point then, and make it all political? to be fair, put like that you're quite right, the government cant do much about living costs, much of which are through choice.

fair point the VAT cancels out some of the tax allowance. but why do people regurgitate this idea on the impact of VAT without thinking for themselves? as an exercise, work out how much someone on say 10k, 26k and 50k will pay in VAT each year. if you like you can do it in cash terms and as a...

my tax reduced over the past 5 years. you do understand thats the effect of increasing the allowance?