The UKIP – under us thousands will lose their jobs and most will pay more tax (not satire)

Pride's Purge

(not satire – it’s the UKIP!)

In an extraordinary interview with the business publication London Loves Business, the man in charge of UKIP’s economic policy – their shadow chancellor Godfrey Bloom – has admitted that if the party were to win the next election most people in the UK will pay more tax.

Official UKIP policy is to introduce a flat rate of income tax at 31% – although in the interview Bloom says he would prefer a flat rate of 25%.

However, most people in the UK pay the basic income tax rate of 20% – which would mean a massive tax increase of 5%-11% for the people on the lowest incomes under the UKIP proposals.

And obviously a flat rate of tax without the highest brackets would also mean a massive cut in tax for the richest people in the country.

In the interview, Bloom also rather…

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Author: gogwit

One foot in Sanity, the other in the adjoining parish, usually in the vicinity of the boundary between the two but sometimes straying into the main square of either and very occasionally taking occupation of the Town Hall...

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