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Tuesday 23 October 2007

Snouts in the Trough

Take a read of this from Guido Fawkes. It concerns the way that MPs will benefit more than most from the recently announced changes to CGT law. "David Gauke pointed out that MPs would, as a result of the reforms, now get a 55% tax cut on capital gains (down from 40% to 18%) when they sell their taxpayer subsidised Westminster second homes. At this self-serving outrage there was a collective "what the f***!" from a roomful of exasperated entrepreneurs...Guido thinks when the vote comes, those MPs who vote themselves a 55% tax cut and small businesses an 80% tax hike, should be named and shamed. Guido is thinking not just of Yvette and Ed Balls, but those champagne socialists with their multi-million pound property portfolios who will benefit. Michael Meacher and Emily Thornberry spring to mind"

Go on ask your MP which way they will be voting and how much they will stand to gain as a result.

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