Lib Dems want VAT on new houses

In my last post I discussed just how awful the Lib Dems’ ideas are. I hadn’t heard of this one which the Telegraph has just warned about: Nick Clegg’s plans for VAT on new homes attacked.
The tax of between five and seven per cent would add up to £14,000 to the cost of buying an [...]

Piggy bank lessons at school

Just when you thought the State had already taken over parents’ roles completely…
Children as young as five will receive lessons on managing their piggy banks as a means of improving financial responsibility among the public.
From what I remember of my childhood, the whole savings thing involved the entire family. Receiving money, putting it in a [...]

Shock: some people still have savings! Labour needs to tax them more.

A bizarre headline on LabourList yesterday read, “Only around 30% of households have savings – Labour has to stand up for the majority.”
It sounded like it might now be a crime to have savings, so I investigated further. It seems that some people are still financially independent and that even some of the middle classes [...]