Monday, 29 September 2008

George pulls another billion £ rabbit out of the hat

So this years inheritance tax is Council tax. A lovely promise to allow councils, voluntarily, to freeze council tax rises.

Meanwhile Gordon and Alastair are nationalising Bradford&Bingley.

See how this is spun. Will it swing for the Tories once again?



15:40 'Speech proves an instant political hit for Osbourne' Guardian

'Why George Osbourne's council tax claims may undermine his credentials' Times

'Why Osbourne's speech was a success' Telegraph

Times' is obviously my preferred one...
'The instant reaction both in the hall and the media was a good deal less positive than in Blackpool as questions over how the policy will work and who will benefit went unanswered. Mr Osborne’s central message is that he intends to protect the poorest while reducing both debt and – over time – the share of national wealth given to public spending. Promising what is in effect a tax cut that will benefit the most wealthy homes could undermine that claim.'

We shall see. Headlines will probably be good for them. Only the bailout is overshadowing them so far. Its not about to be spun into, 'tax break for the rich', which would have been ideal. O what I'd give for the Tories to have a 10p tax moment.

17:15 Widespread applaud for GO speech. Gosh darn it.

No comments: