Tuesday, November 27, 2007

Cameron's CBI Speech

It is a shame that Cameron's speech at the CBI was largely overshadowed in the news by the extremely dodgy donorgate affair.

In contradiction to Brown, Cameron's speech just made sense.

A single CGT level of 18%, thereby removing taper relief, will stunt new investment into small businesses. Wht can't Brown see that?

Brown Darling may have thought it sounded like a good plan to get more dosh from the private equity firms but it was yet another ill-thought out idea, which doesn't take into account who else it affects.

I have slogged away with my small business for 6 years, with ever increasing red tape, tax bills and a distinct lack of incentive to expand in the UK over outsourcing abroad. Brown doesn't understand the backbone of the UK economy - the SMBs.

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