On 27th October 2007 the Financial Times showed that retired people whose pensions fall between about £8000 and £32000 per annum will be worse off under Alistair Darlings proposals on Tax & National Insurance. No prizes for guessing where most peoples pensions probably fall. By contrast if your pension is above about £ 80000 p.a. you will be £ 800 better off. Boy that's a true Labour Government for you.
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