Tuesday, 16 November 2010

Osborne plans to cut bank levy

People across the country were outraged when Mr Osborne announced a paltry £2.5bn levy on the banks.
The banks led us into the recession in the first place through their greed and irresponsibility. Then the they had to be bailed out with billions of pounds of public money.
People, myself included, rightly feel that the banks should be made to pay for the crisis they have caused that is causing so hardship across the country. And is set to make much, much more under the ConDem cuts.

Now it seems that Mr Osborne isn't finished. Having been made aware that the levy may reach an unexpected £3.9bn, he is set to cut it. To ensure that his £2.5bn target isn't exceeded.

Because we couldn't have that now could we?

It looks like the banks really are the ones who run the country doesn't it.



  1. Very nice post, thanks for sharing the information. Keep up the good work.

    bank levy

  2. Hi there! great stuff here, I'm glad that I drop by your page and found this very interesting. Thanks for posting. Hoping to read something like this in the future! Keep it up!

    A bank levy is an IRS/State collection tactic, in which your bank is forced to freeze any and all of your accounts and all the funds therein. The bank must hold your funds frozen for 21 days, at the end of which, if the tax debt is not resolved, the money is transferred to the IRS/State.