Sunday, 4 July 2010
MPs Prepare For 40% Salary Cuts
Sources close to Westminster claim that a cross-Party group of MPs will press next week for an across-the-board reduction of 40% of their entire remuneration package. The cuts in salary, allowances and office costs would take MPs below the 40% income tax band for the first time since 1935. One of the group said "In times of national emergency, when we are all in the same boat as our constituents, it is only fair that even MPs bear some of the pain necessary to restore national finances to an even keel. It's not as if we are facing redundancies."
A closer source stated "Ha, right, I'll get back to you on that one, my taxi's waiting. Ha!"