The Conservative Party

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A way to pay for COVID.


Basically saying to put an extra 1% tax on those earning £1m or more a year it would pay for the extra in 4 years.

Tories answer?
“They had already taken steps to ensure the wealthy pay their fair share of tax.”

So it us up to us to pay for it.
 
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I can't help thinking that, in 18 months time, with Brexit long "done" and everything in the country really turning to shit, the Tories will start shrieking about what a great job they're doing and all the people are behind them, "and to prove it we'll go to the country to confirm our mandate to rule", then run an appallingly bad campaign in the hope they'll lose so they can run away and leave somebody else (Keir?) to clear up their shit. Then spend the next five years sniping and jeering from the opposition benches. At the end of that parliament, when things are starting to improve, they'll run a campaign on how the government didn't sort this out, didn't sort that out, didn't succeed in making all the bad stuff go away and *we* are the ones you can trust to make Britain great again. Conveniently forgetting to mention the minor detail that it was them who fucked the country over and ran away in the first place. And our intelligent and well-informed electorate will swallow their bullshit, just like they always do.
 
A way to pay for COVID.


Basically saying to put an extra 1% tax on those earning £1m or more a year it would pay for the extra in 4 years.

Tories answer?
“They had already taken steps to ensure the wealthy pay their fair share of tax.”

So it us up to us to pay for it.
A wealth tax is a fucking terrible idea and should be roundly rejected.

The reality is we don't need to be contemplating ANY tax rises because government debt levels need to be viewed in context. What is an acceptable level is arbitrary and defined by what the markets deem acceptable. What is acceptable in peace time, may be very different to what is deemed acceptable during or after a war, for example. The markets are very comfortable with current debt levels in the current context. Of course the government needs to be seen to be prudent and sensible, but the route to debt reduction should be through job creation and growth, not tax hikes. Tax hikes - in any form - are the very opposite of what is needed now. What is government debt for, if it is not to get the country through crises such as this???
 
I can't help thinking that, in 18 months time, with Brexit long "done" and everything in the country really turning to shit, the Tories will start shrieking about what a great job they're doing and all the people are behind them, "and to prove it we'll go to the country to confirm our mandate to rule", then run an appallingly bad campaign in the hope they'll lose so they can run away and leave somebody else (Keir?) to clear up their shit. Then spend the next five years sniping and jeering from the opposition benches. At the end of that parliament, when things are starting to improve, they'll run a campaign on how the government didn't sort this out, didn't sort that out, didn't succeed in making all the bad stuff go away and *we* are the ones you can trust to make Britain great again. Conveniently forgetting to mention the minor detail that it was them who fucked the country over and ran away in the first place. And our intelligent and well-informed electorate will swallow their bullshit, just like they always do.
What baseless tripe. Hopefully you won't have a vote.
 
A wealth tax is a fucking terrible idea and should be roundly rejected.

The reality is we don't need to be contemplating ANY tax rises because government debt levels need to be viewed in context. What is an acceptable level is arbitrary and defined by what the markets deem acceptable. What is acceptable in peace time, may be very different to what is deemed acceptable during or after a war, for example. The markets are very comfortable with current debt levels in the current context. Of course the government needs to be seen to be prudent and sensible, but the route to debt reduction should be through job creation and growth, not tax hikes. Tax hikes - in any form - are the very opposite of what is needed now. What is government debt for, if it is not to get the country through crises such as this???

So what you are suggesting is that the past 10 years of austerity were totally unnecessary as the markets would have been very comfortable with any debt level?
 
So what you are suggesting is that the past 10 years of austerity were totally unnecessary as the markets would have been very comfortable with any debt level?

Some people think protecting an imaginary wealth they’ll never have or protecting the wealth of millionaires and billionaires that they’ll never meet is more important than protecting those around them or even themselves.
 
A wealth tax is a fucking terrible idea and should be roundly rejected.

The reality is we don't need to be contemplating ANY tax rises because government debt levels need to be viewed in context. What is an acceptable level is arbitrary and defined by what the markets deem acceptable. What is acceptable in peace time, may be very different to what is deemed acceptable during or after a war, for example. The markets are very comfortable with current debt levels in the current context. Of course the government needs to be seen to be prudent and sensible, but the route to debt reduction should be through job creation and growth, not tax hikes. Tax hikes - in any form - are the very opposite of what is needed now. What is government debt for, if it is not to get the country through crises such as this???
Kin ell, Chippy has been reading Keynes.
 

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