From: d4g4hd@yahoo.co.uk (David Horne, _the_ chancellor (*))
Newsgroups: uk.finance
Subject: Re: Budget 2007
Date: Wed, 21 Mar 2007 13:48:39 +0000

Daytona  wrote:

> Burnt earth policy ?
> 
> He seemed to be giving a lot away, but, as ever, we need to see the
> red book where he tend to tuck away the more unpalatable details.
> 
> Income Tax -
> 
> Basic rate down from 22% to 20% from 2008.
> 10% band removed.

Won't that be a de facto increase for lower earners?

-- 
(*) ... of the royal duchy of city south and deansgate
David Horne- http://www.davidhorne.net
(don't email yahoo address) usenet (at) davidhorne (dot) co (dot) uk