Do you know what Margaret Thatcher did in her first Budget? Introduced VAT on yachts! It somewhat ruined my retirement. - Edward Heath

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Do you know what Margaret Thatcher did in her first Budget? Introduced VAT on yachts! It somewhat ruined my retirement.

English
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About Edward Heath

Sir Edward Richard George Heath KG MBE (9 July 1916 – 17 July 2005) was a British politician who served as Prime Minister of the United Kingdom from 1970 to 1974 and Leader of the Conservative Party from 1965 to 1975. Heath also served for 51 years as a Member of Parliament from 1950 to 2001.

Also Known As

Alternative Names: Teddy Ted Heath Sir Edward Richard George Heath
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Additional quotes by Edward Heath

We would find ourselves pulling out of the European Community straight into the arms of the wild men of the left. The whole country would be plagued with Foot and Benn disease ... The left are not really all that interested in the Common Market. What they want is for Britain to break her treaty obligations and pull out of the Community so that they could impose their own extreme socialist state in Britain.

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[W]e must recognise a new threat to the peace of the nations, indeed to the very fabric of society. We have seen in the last few years the growth of a cult of political violence, preached and practised not so much between states as within them. It is a sombre thought but it may be that in the 1970s civil war, not war between nations, will be the main danger we will face.

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