Gordon Brown is facing a £1 billion annual bill for the 1.1 million people who have yet to be compensated for the 10p tax fiasco.
The scale of liabilities piling up for the Government emerges today with a devastating critique of Mr Brown’s personal handling of the issue that has hobbled his Government.
As Chancellor, Mr Brown acted for the “perceived benefit of seeming to pull rabbits from the hat” when he cut 2p off the basic rate of income tax and paid for it by abolishing the 10p rate.
The criticism, from the Labour-dominated Treasury Select Committee, made deeply uncomfortable reading for Mr Brown the day after his first anniversary as Prime Minister and Labour’s humiliating fall to fifth place, behind the BNP, in the Henley by-election.
http://www.timesonline.co.uk/tol/news/politics/article4228427.ece
Yes, my wage packet was somewhat lighter last month.evilwipz
And...fifth place, behind the BNP, excellent!