Wednesday, 2 November 2011

Reasons why you shouldn't support the Liberal Democrats No. 436,738


Because they're just tax and spend social democrats:

Proposals to impose tax on lump sums withdrawn from their pension pots by the newly-retired will be set out today by a think tank linked to the party leadership.
They would affect anyone taking out more than £42,000 as a lump sum on retirement. Currently pension-holders can withdraw £450,000 from their pot tax-free. 

Look you pseudo-socialists - people have already paid tax on that money. You know that income tax stuff.


1 comment:

Curmudgeon said...

Yet another way of deterring pension saving...