UK citizens are paying the price

22.04.09

GMB consider that the tax increase for those earning over £150,000 is necessary as the tax burden needs to be evenly distributed.

Paul Kenny, GMB General Secretary said, “UK citizens are paying the price for an unregulated market dominated by a greedy and unaccountable cabal which has given us this ‘Banksters Recession’. We will all be paying the price for sometime yet as this morning’s rise in unemployment shows.

GMB consider that the tax increase for those earning over £150,000 is necessary as the tax burden needs to be evenly distributed. We would have gone further with a higher rate for those earning over half a million a year. We would also have closed down the tax havens and tax avoidance loopholes.

GMB consider that they Chancellor should not have increased the duty on beer. Instead he should have gone after the pubcos that are charging their tied landlords 80 pence per pint more than they would pay in the wholesale market for beer.”