Osbrone to repeat 2012 Omnishambles budget

(Before It's News)

There is a budget tomorrow, lost in the unfolding Greek disaster that it will be. But from the bits I have gleaned in the media I am confidently predicting a  2012 style omnishambles budget:

There are to be £12 billion of welfare cuts, £11.5b if you exclude the radical and stupid idea of outsourcing over-75′s licence fees to the BBC (it is a silly gamer, the licence fee is our money, like any other tax not the BBC’s, the Government are just engaging in fiscal sleight of hand to cut the BBC budget a smidgen).

Also f note is the move t increase the inheritance tax threshold just as some welfare cuts are to be made. In the early years of the Coalition the Tories took a lot of flak, rightly, for cutting the 50p top rate of tax to 45p. At a time when the cuts are hitting the poorest, this is no time to do it.

The time to make radical tax cuts is in the 2 years before an election, not in its aftermath. You don’t reward voters who have not served their purpose by voting, you look to store up the political capital to make them happy next time ahead of the next election.

Not that I vote Tory, but their sunny days in the polls are to be numbered if the Budget turns out as currently predicted.

• Visualizing Trends in Employment and Fuel Prices
• Jim Marrs 2.0 – Who Executed JFK?
• Early Headlines: Bill Black Rips BBC, US Banks Living Wills, TB in India, Rift in EU, new Greek finance minister and More
• Early Headlines: Black Churches Burning, Greece Crisis Builds, US-Venezuela Talks, India Mfg Growth Slows, Japan vs. US Sunday and More
• Don’t Be Too Quick to Count Out China
• Epoch of Belief, Epoch of Incredulity (24) The Magnificent G-Seven
• Our Mostly Dry Planetary Neighbors Once had Lots of Water—What Does that Imply for Us?
• Fixing the FX Market Fixers
• Infographic Of The Day: How The Historic First Spacewalk Worked
• Greece Enters A Small And Unenviable Club