UK PM David Cameron is called a role model for US Conservatives. His Progressive-Conservatism has been hailed as an electoral blue print by Progressive Republicans David Frum and David Brooks. What these Leftists disguised as Conservatives don’t tell you is that Cameron’s Tories failed to get a majority in the UK Parliament. They have entered a coalition with the Far Left Liberal Democrats. Well now their golden boy and his Progressive-Conservatism is doing what all Leftists do- raise taxes!
June 22 (Bloomberg) — British Chancellor of the Exchequer George Osborne increased the value-added tax rate to 20 percent from 17.5 percent in the first permanent change to the levy on sales of goods and services in almost two decades.
“The years of debt and spending make this unavoidable,” Osborne told Parliament in London in his emergency budget today as he announced a package of spending cuts and tax increases to cut the U.K.’s record deficit.
The rate will increase from January and will produce more than 13 billion pounds ($19 billion) a year of extra revenue by the end of this Parliament in 2015, Osborne said. “That is 13 billion pounds we don’t have to find from extra spending cuts or income-tax rises,” he said.
Read the Rest: Osborne Increases U.K. Value-Added Tax Rate to 20% From 17.5%
David Cameron is a Leftist and this what a charlatan like David Frum supports. We already tried Progressive-Conservatism here in America, it was called Compassionate Conservatism. Like all Leftist Ideologies it failed miserably and American Conservatives want the real deal.
News Update: Progressives of all stripes love taxes. House Majority Leader Steny Hoyer wants to increase taxes on the Middle Class. I’m sure PM David Cameron and David Frum approve of this since it’s all for Progress!
Tags: Compassionate Conservatism, David Cameron, David Frum, VAT
