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Old 16th Jul 2013, 07:19
  #100 (permalink)  
Al R
 
Join Date: Jul 2007
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We look at this from the modern perspective of low income tax - who remembers the days of Income Tax being 35%+? We have come to the end of a 30 year period of low income tax and great benefits - that policy wasn’t sustainable. What do you do, pre-load the pain or tack it on at the end or both - and let’s face it; who knows what rate income tax is going to be in 5 years, let alone 25 years?
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