i know bongo is not a twat but i was getting annoyed with the keyboard warrior snipes. He still hasn't answered my question....
Taxing you more will motivate you to be more succesful to earn more money to cover the amount you're losing, win win?

WEEE!
I think your question was based on a faulty premise, I was talking about 2 different things really...
1) The coalition's plan (and how I don't think it's good, just I don't see any better ones).
2) How talk of taxing the rich more never takes into account things like the Laffer Curve
You still haven't answered the question of what would you do differently?
I don't know what we are meant to do, but without growth their plans are not plausable,...
The economy
is growing - so that's okay then
not at a rate that has any benefit to our problems.
this may be so, but the vast majority of people do not realise that no option is palatable
a) Spend more. Ain't going to happen
b) Tax more at the top end. Again ain't going to happen. Significant deterrent to economic activity, and as a minor factor politically difficult depending on stage of the electoral cycle. Even the Blair and Brown governments shied away from "socialist" policies on tax. Just not a runner in this political economy
c) Cut the same but slower. Might happen if the current opposition gets in. but only prolongs the pain
We have a generation ahead of stagnant growth and a very painful adjustment to reversing high personal and sovereign debt levels.
If the Eurozone goes bust along the way, more widely than already, its more painful than that as well
As part of this there is a nasty confluence of factors in the pensions market too
- A big bulge of people 40-60 years old retiring 2015-25, many on old defined benefit schemes
- People living a lot longer, so the burden of greater numbers on state pensions lasts for longer
These factors only delay the reduction of the budget deficit too
So people are asked to take real terms cuts in their pensions, work longer etc etc
All this is irrespective of whether the government is Tory, Labour, coalition or whatever