Budget

Firstly can I apologies for an inaccuracy in my entry last night, I said that the CONDEMs wanted to cut public spending by 20%, unfortunately it will be 25%, so even more cuts.

I spoke to two local public sector workers this evening, they are desperately worried about their jobs, they have had meetings with their respected employers and are aware of the savings that mean cuts of service to the people of Shepton.

We will have to wait for the details of where the 25% axe will fall. I worry about my schools funding, real gains has happened in the last few years, I fear these will be undone by the CONDEMs.

In terms of who needs public services the most, it is the poorest, so better public services are the best for low earners.

The ConDems will give £28billion corporation tax cuts to British banks, they will levy £2billion on their bank tax, that seems fair....not!

The VAT is the most regressive tax, this tax effects the poorest the hardest, the Conservatives before the election said they had no plans to raise VAT, the Lib Dems campaigned against what they said was conservative plans, their support for the VAT rise was endorsed by Nick Clegg nodding at Georgie Osbourne.

Another major shift in policy from the Lib Dems, like any chameleon their colour has changed from a yellow to blue in 6 weeks, they have become indistinguishable from the Conservatives