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General - UK Budget 2012 - View Post

£207 bn on social protection is absurd, they should cut benefits and actually give the Jeremey Kyle folk a reason to work. Good move on reducing corporation tax, that will surely help attract foreign firms to the UK. Also good that they reduced the top level income tax down to 45%, but they shouldve brought it even lower, perhaps 40%, although the labour backlash would be huge.