Quote:
Originally Posted by jimmyxr6t04
Yep, i understand all that... But just like every other tax, it has to start somewhere. In 20 years from now, that 0.05% might even go up...
Regardless of who's in power, the only solution they ever come up with is more tax. The amount of this deposit tax is irrelevant, it's the fact that it's another tax...
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Get over it mate ...It's not a tax, it's to pay for the insurance premium so you don't lose your dough if the bank/building society goes belly up.
It is as adsurd as saying that home contents insurance is a tax....or that health insurance is a tax.
I can't explain it any easier than that.