"1987 -NIGEL LAWSON, CONSERVATIVE
Nigel Lawson slashed 2% from the basic rate of income tax and froze a variety of excise duties in a buccaneering pre-election Budget, which saw him boast that the government had achieved the impossible - cutting taxes, cutting borrowing and raising public spending (although he froze child benefit in cash terms). It led to Labour accusations of a "bribe" Budget - and fuelled what turned out be an unsustainable economic boom - but it seemed to do the trick for the Conservatives at the ballot box.
GIVEAWAY RATING: Huge. The mother of all pre-election bonanzas
ELECTION EFFECT: Cemented Tory victory despite high unemployment "
Well worthy of note given that he's an advisor to Ozzy. And mental
Thursday, 18 March 2010
BBC News - Pre-election Budgets of the past
Labels:
economics,
george osborne,
nigel lawson,
politics,
the budget,
tories
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment