03 September 2008

Brown Decides To Mend The Roof

Labour’s house fixes won’t work, but will cost - a one-year holiday from the transaction tax only invites buyers to purchase homes that will lose value. Incentives for builders will add to the supply of unsold properties, further depressing prices. The overall scheme's main effect: to worsen the government’s fiscal position. Who remembers Labour's attacks on the Tories 'unfunded spending promises'? If you google it now all you find is laughing and pointing at Labour. ;-)

No comments: