Details for Practical Politics No. 203 - March 2013

Practical Politics No. 203 - March 2013
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Name:Practical Politics No. 203 - March 2013
Description:

WASTED TIME, WASTED OPPORTUNITY, WASTING NATION

Little that was new in this month's Budget was of any great moment or especially surprising.

It was greeted by the Opposition, the Government's supporters, the media's experts, and the majority of the general public (who know the technique of 'left-hand pocket to right-hand pocket' well enough by now), with, respectively, ritual indignation, eager congratulation, earnest poking through the entrails, and scarcely ruffled resignation and boredom.

Among the various measures, we cite the blocking of a loophole in the inheritance tax laws to catch 'aggressive avoidance' by use of dubious debts designed to reduce the value of a business or agricultural estate's assets

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