British Government Trying to Downplay Tax Burden on Businesses

As Britain even sinks deeper into socialism (it that's possible), growing concern over it tax policies, especially recent rhetoric blasting one of the few remaining viable industries in the country - banking and finance, where results were bonuses for top bankers in the country are being slammed with a 50 percent tax in order to evidently punish them.

Other non-competitive and potentially disastrous moves involve moving the top tax rate into the country back up to an extraordinary 50 percent, while also pushing the social security tax for companies to have to pay into.

Like all who believe government has taken the place of God in the world, the British government contends they need the extra money to pay down the surging budget deficits being experienced in the country.

It's always amazing to me to see the incredible idiocy of people and politicians involved with government. Let's see. If you can't afford something you just have to now be able to buy it. It's called discipline. Something most governments around the world know nothing about.

How about cutting back on spending? Has the British government thought about that as a radical response to growing deficits? What about cutting the outrageous social programs that obviously can't be financed?

See, I just figured it all out. Now it just has to be implemented by people bold enough to make the decisions.

According to Philip Hammond, one of the top officials in the Conservative treasury team, "Businesses will be rightly sceptical of Lord Mandelsons plans for business taxes when on Labours watch our tax competitiveness rating has plummeted, we have the longest tax code in the world and high-profile companies have deserted Britain in droves."

With little but the financial sector and oil as their major businesses in the country, anything that would add to the heavy tax burden already experienced in Britain would be a disaster.

British needs some bold people to step in and give some tough medicine if they're going to survive the crisis, as many onlookers consider them one step from being bankrupt.

Just drop the socialism and get out of the way so business and those willing to take personal responsibility can lead the way. The easy step of taking more money out of business via taxation is far from the type of answers Britain needs.
 
Britain needs some entrepreneurs and business leaders to step forward and lead the country out of its socialist moorings into creative and sustainable answers that only business can give.

Governments around the world are finding they can't do anything to solve the problem but printing more money and throwing it at it. Now Britain wants to continue doing that and tax the productive and use it to pay for their continuing folly.