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Wednesday, March 24, 2010

Happy Budget Day

Today is budget day.

In keeping with "modern tradition", since Labour took office, budget "secrets" are now routinely leaked.

This year's budget will, according to the media, contain an announcement from Alistair Darling that stamp duty on properties will be scrapped on house purchases up to £250K for first-time buyers.

All very well, if they can borrow the money to buy the house.

Duty on strong ciders and alcopops will be increased significantly, in an attempt to reduce binge drinking by young people.

I am of the view that the economy and country would run much more effectively if politicians resisted the urge to tinker, meddle and change the rules quite so often.

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