By using this site, you agree to our Privacy Policy and our Terms of Use. Close
kowenicki said:
@scifiboy

!!!!????

What does it matter?! well we have to raise taxes... which is goign to happen over the next 12 -24 months. Guaranteed. Even with a change of government we will see this as Labour have left a mess.

It matters because it can only be repaid from a combination of increased tax and spending cuts... so incresased taxes for everyone and cuts in health and education (our biggest budgets).

why cant we just take longer to pay it back, and raise taxes for the rich rather than taxing the poor more and cutting essentail public services?