Tuesday, 27 May 2008

£2.7bn on 10p tax bribe vs. £25m to end the worst bribes of all

It's worth noting that in the Sir Hayden Philips review of party funding, it was suggested that a cap on donations would be offset by additional public funding of £20m to £25m, distributed in proportion to public support for the parties.

Now that we've just seen £2.7 billion (!) of public money pumped into a failed attempt to bribe those of us on high and middle incomes, it does seem that £25m, at less than one-hundredth of the cost, would be a good deal for buying us our votes back.

What remains to be seen, is when we'll actually see some changes!

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