tag:blogger.com,1999:blog-14418636.post2096081821324413146..comments2023-11-03T08:45:55.121+00:00Comments on Stephen's Liberal Journal: Taxes: What Goes Down Will Go UpStephen Glennhttp://www.blogger.com/profile/03027718551675624433noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-14418636.post-75443422488866384402008-11-18T18:51:00.000+00:002008-11-18T18:51:00.000+00:00Problem with Nick Clegg's aim to increase public s...Problem with Nick Clegg's aim to increase public spending on infrastructure spending is that it won't take effect quick enough to stimulate the economy in the way currently required.<BR/><BR/>As regards future tax rises, of course current debt will have to be repaid in future, but the question is whether it's a good idea to borrow now in terms of the economy in the long-term.<BR/><BR/>If I need to borrow money to buy food/pay the rent then it's probably short-term idea to do so, even if in the long-term I'll have to repay the borrowings.Stuart Wintonhttps://www.blogger.com/profile/02772436419630464325noreply@blogger.comtag:blogger.com,1999:blog-14418636.post-78625641627314323482008-11-18T15:28:00.000+00:002008-11-18T15:28:00.000+00:00Could you give more substance, please, on the natu...Could you give more substance, please, on the nature of that overhaul and that look? <BR/><BR/>Also, cutting the basic rate doesn't seem like it gets to the people who need it most: surely the return of the 10p rate would make more sense? <BR/><BR/>Finally, you're proposing a new income tax in Scotland, alongside another cut there. It's all very confusing, and I think the people the pollsters are talking to have noticed..James Mackenziehttps://www.blogger.com/profile/07707473889170111139noreply@blogger.comtag:blogger.com,1999:blog-14418636.post-46220224191995577262008-11-18T11:37:00.000+00:002008-11-18T11:37:00.000+00:00Actually James seeing as the Lib Dem cut in the ba...Actually James seeing as the Lib Dem cut in the basic rate of tax is aligned with an overhaul of the tax system and also looking at where public expenditure is spent, yes.<BR/><BR/>Our tax cuts have been branded permanent and beneficial to the people who need them most for that reason.Stephen Glennhttps://www.blogger.com/profile/03027718551675624433noreply@blogger.comtag:blogger.com,1999:blog-14418636.post-44555635501572027582008-11-18T11:33:00.000+00:002008-11-18T11:33:00.000+00:00So.. you're worried that their tax cuts would leav...So.. you're worried that their tax cuts would leave us with "even bigger bills to come", whereas the Liberal tax cuts wouldn't, in some mysterious way?<BR/><BR/>Take the Alan Duncan quote, replace "Gordon Brown" with "Nick Clegg" and I think you'll find it still makes sense.James Mackenziehttps://www.blogger.com/profile/07707473889170111139noreply@blogger.com