Pre-budget report: where are all the tax cuts we were promised?

[Legal Beagles]

Toby Helm: As so often in recent months it was Vince Cable who, I suspect, spoke for many people when he asked, in so many words, where all those massive tax cuts we were all promised were in the PBR

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[breeze1996]

Re: Pre-budget report: where are all the tax cuts we were promised?

Ok so it's a few pence here a few quid there.

If they wanted to jump start the spending he should have just given everyone a £250.
And taken it from the extra Tax on the higher earners, then the money would have gone into the shops in time for Christmas, which is what we all thoght he was going to do in the first place.

As it is I will get about £2 a week from 2009 in child Benefit.
A couple of £'s in the shopping.
Now That is really going to make a difference to the retail sales for December.

The amount of work involved in the VAT decrease will go to buisness yes, but the amount of work involved will real hurt their wage bills. Also it won't really show up for normal folk. Unless you buy a car.