Following the lead of Barclays Bank the rest of the people in Britain are now going to paying 1% in tax.
This move follows the Government honouring their statement that 'we all in this together'.
The Treasury is busy advising everyone of the new tax rates, but if you haven't heard yet, the new rules are to be back dated to 2009. 'In this way' explained Chancellor of the Exchequer George Osborne 'we shall have the level playing field we all yearn for.'
Banks are horrified at this move, fearing a collapse in confidence in the British market. However realising that 'we are all in this together' they appreciate that some economy is better than no economy.
The International Monetary Fund, in emergency session, declared Britain was 'too big to fail' and loans would provide the basics for Britain. A delegation from China is expected to invest billions in the British economy. They will be offering free mandarins to all those who can establish they are hungry.
These are stirring days. Excitement at the surprising turn of events has encouraged Chinese Festivals throughout the land with Dragons parading through every town in the country.