Huguenot Wrote: ------------------------------------------------------- > Fair comments, Quids, but no need to make it > personal old thing. > > If London was a country in isolation, then you'd > be paying no income tax at all (I average around > 7%), it's one of the benefits of city states - all > that corporation tax (18%). > > I didn't come here for tax issues, so much as for > a progressive socially minded environment that had > a good industrial infrastructure and market > opportunity. > > Strictly speaking I'm a Blairite socialist, I > don't believe in redistribution of wealth, I > believe in equality of opportunity and > meritocratic rewards. > > I'm not saying that public sector isn't bloated, > I'm just observing that you don't suddenly turn it > over in one budget. Marmora Man's ideas are > desirable and workable in principle (although I > can't guarantee that private companies don't have > similar levels of administration). > > I don't know how easy it is in practice. Both > teachers and healthcare workers have seen above > inflation rises in recent years, but both are > threatening to strike unless that continues. The > latest NUT conference are balloting to strike > unless they get what amounts to a 15% rise on > average. > > A budget that fixes expenditure may well be > perceived to be either reducing pay in real terms, > or shutting hospitals or schools. You may get a > strike which damages the economy more than the > benefits accrued (don't forget public sector is > 45% of GDP). > I continue to argue in the main that governments > have very little control over the 'big budget' > elements, which is why we get so excited over > nominal issues like quangos and MP's expenses. Apologies for the personal thing - It reads worse than I meant it to sound :-$