Lying Politicians - No.1 the chancellor ... slimeball Osbourne

Now this greasy etonian oik will have you believe that the basic rate of tax is 20% (that sounds lowish and reasonable yes?) And the top rate 50% (two and a half times the basic so a reasonable premium for his fat bastard friends it seems).

However he lies, just suppose someone pays your employer £100 - the first slice from that is VAT 20% leaving £83.33, next e'ers NI at 13.8% which leaves your employer £73.23 to pass to you. If you are a basic rate tax payer then you have to pay tax at 20% and NI at 12% which leaves you £49.80 which equates to a tax rate of 50.2% on the £100 originally paid. For a 40% tax payer the NI is 2% so he would be left with £42.50, ie a tax rate of 57.5%. One of his fat bastard friends on 50% tax again has NI of 2%, leaving him with £35.15 ie a tax rate of 64.85%.

So instead of 20, 40 and 50 which almost looks fair with a rich swine paying 2.5 times a pauper the reality is 50.2, 57.5 and 64.85 with a well heeled old etonian paying just 29% more than a busker on the underground.

It's obviously unfair that people being paid less than enough to live on should get less than 50% of the amount paid for their work, 80% would be fairer and if that means the middle classes and conservative fat cats have to get less so be it.

Sadly until the downtrodden start decorating lampposts with politicians this won't happen so go grab some hemp and let's party. Baggsie a tory for my contribution.

Another way to look at it is to realise how much more employment there would be if employers didn't have to pay twice for each employee, once a barely adequate wage to the employee and then the same again to the government to spend on whatever damn fool project Micheal Gove comes up with to pay religious nutters to indoctrinate children in his so called free schools or to Seb Coe to waste on an Olypmics where only Sepp Blatter can get tickets for the decent events (he gets them free, with luxury accommodation and transport by limo on roads closed to the public whereas we have to pay through the nose and are only allowed into the restricted view seats for sports we haven't even heard of).

Then again you have to despair at a population that suffers a tax rate in excess of 50% because they are more interested in who Ryan Giggs is shagging (anything with a pulse it seems) than who's royally fucking them.