What's going on in London?

[edyzmedieval]

http://www.bbc.co.uk/news/uk-12871357

It is estimated more than 250,000 people from across Britain have taken part in a demonstration in central London against government spending cuts.

The march and rally, organised by the TUC, have been largely peaceful, but a separate group of several hundred people has attacked shops and businesses in the West End.

The BBC's Home Affairs correspondent Tom Symonds reports.

[InsaneApache]

Where? That toilet called 'our capital', they can keep it.

A boil on the backside of England.

[Rhyfelwyr]

Where? That toilet called 'our capital', they can keep it.

A boil on the backside of England.

+1

Pfft, they think that's a riot? We'll show them how its done north of the border...

[InsaneApache]

What these pricks really want is for you and me to pay for their pensions and empire building.

[Brenus]

Or perhaps they want taxe payers money not going to the Rich or to War and use for helping poors, old or others in need...
But I understand from the conserva-thieves point of view that would be a waste of money.

But be free to prefer to give your money to the one who don't need it and to believe it is all Brown's fault.

[PershsNhpios]

Institute a No-Fly Zone (TM) and send in the Marines! Hooah!

[Philippus Flavius Homovallumus]

Or perhaps they want taxe payers money not going to the Rich or to War and use for helping poors, old or others in need...
But I understand from the conserva-thieves point of view that would be a waste of money.

But be free to prefer to give your money to the one who don't need it and to believe it is all Brown's fault.

"The rich" already make a net contribution to the treasury, "the poor" don't. As to "war", that is a truly tiny proportion of the budget compared the welfare, even after IDS cut it.

I'd put money on the troublemakers all being upper-middle class students, or anarchists reliving their "glory days".

[Furunculus]

What these pricks really want is for you and me to pay for their pensions and empire building.

agreed, these economic illiterates just don't understand that even with the election deficit plans from all three parties we are still on a trajectory to see a national debt of 400% of GDP by 2040.

that will require 27% of government revenue annualy to service the debt-interest. money that might otherwise be spent on worthy social causes such as gender awareness officers.......


http://www.bis.org/publ/work300.pdf

http://www.zerohedge.com/article/ban...-over-400-2040

In the US & Canada - and I believe also in the UK, the top 1% income earners actually pay little to no income tax.

Then we should ditch the fifty% income tax band, as the last time we brought down rates/abolished higher tiers the top 1% actually generated MORE revenue for the exchequer:

http://www.timesonline.co.uk/tol/mon...cle7031468.ece

By contrast, in his 1988 Budget, Nigel Lawson cut the top rate of income tax to 40p in the pound. And it raised more tax.

More to the point, Labour strategists might note, it raised more from the top paid in society. In 1978-79, after Mr Healey’s top rate of 83 per cent, the highest-earning 1 per cent of the population paid 11 per cent of all income tax taken in by the Treasury. After Mr Lawson’s cut in the top rate to 40 per cent, the top 1 per cent of earners now pay an estimated 24.1 per cent of all income tax.

There’s more. In the late 1970s the top 5 per cent of earners paid 24 per cent of all income tax, but now they pay 43.1 per cent. In the late 1970s the top 10 per cent of earners paid 35 per cent of all income tax, but now pay 53.3 per cent.

The message is simple — the lower the top rate of income tax, the less people will try to dodge it and the more money the Treasury raises.

same goes for business taxation:

http://aleksandreia.wordpress.com/20...-tax-revenues/

[ELITEofWARMANGINGERYBREADMEN88]

What these pricks really want is for you and me to pay for their pensions and empire building.

Or perhaps they want taxe payers money not going to the Rich or to War and use for helping poors, old or others in need...
But I understand from the conserva-thieves point of view that would be a waste of money.

But be free to prefer to give your money to the one who don't need it and to believe it is all Brown's fault.

Or maybe start defending your own nation and stop spending money on stupid things, oh, like the Royal wedding?

As if they ever worked a day in their life, activists are the same everywhere, they have nothing to worry about daddy has the $$$ to pay for whatever.

My opinion of liberals are quite low, especially foriegn liberals due to the fact they think they know best yet like you said, they so rich they never have to work a day in their spolied lives.

Wonder how your Europeans can live in such a idiotic continent.

[Fragony]

Where? That toilet called 'our capital', they can keep it.

A boil on the backside of England.

Ya. London is a . As for the rest it's normal that bored rich kids break other people's stuff

[rory_20_uk]

Like spoilt children, they didn't complain when the money was being spent - under Labour - by both the government and the Eeeevil Bankers. No, they accepted their pay rises and increase in perks without comment. Where was the money coming from? Does it matter?

Now the spoilt children have run out of money and think that this is not fair as... money should be infinite, right? The best way to complain about spending cutbacks is to waste a vast amount of money on protests in London and making a big bill for policing the event.

Spending on the elderly? Don't make me laugh. They want spending on themselves who are the only gorup "in need" they really care about:

GPs having to work to 65? Already complaints at having to work for the same length as others.
Police paid a hell of a lot more than Firemen / nurses / teachers? Police union want to compare to Lawyers and Doctors, not to soldiers who are in more danger and earn less.

That they don't even see the hipocracy in accepting years of a budget deficit in boom years and only post hoc making a fuss only goes to show either how selfish or how blinkered these lot are.

[Fragony]

As if they ever worked a day in their life, activists are the same everywhere, they have nothing to worry about daddy has the $$$ to pay for whatever.