Saturday, April 03, 2010

NIC increases = tax on jobs = Labour is v stupid

A quick blast today before visiting friends in Dorset.
Labour is wrong wrong wrong to put up NICs. Whatever they say, it is a tax on jobs. They try to defend it by saying it is middle income jobs that get taxed, and that higher paid jobs get taxed more, but it is still a tax on jobs, which is a stupid thing to do when the UK economy is still in intensive care.
That, taken with the 10% tax, shows that Labour is very stupid. I hate to say things like this, but they leave me no choice.