PPRuNe Forums - View Single Post - UK - NATS Pay negotiations - latest rumours
Old 7th Mar 2011, 11:54
  #1741 (permalink)  
Me Me Me Me
 
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Actually high income tax is deflationary - since it reduces disposable income, liquidity and slows down growth in consumer spending.

Indirect taxes are inflationary. Direct taxes are not.

That said, I fully agree that I want to chance to vote on the 2% offer now and tell them where to stick it.
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