Skashion
Well-Known Member
KpxSte said:Skashion said:Yeah, because taxation and spending can logically be separated... Merely pointing out that Labour's reckless overspend has led to recession? Ok, merely explain that to me. How?
I cant explain it, it was obviously "a slip of the tongue" so I'll retract the "recession" part. Debt still stands though.
Im obviously no expert, not even close so if you start spouting all that political bollox, I'll have to bow out.
I'm basically "a hard worker who pays their taxes and doesn't break the law". Cameron says he's going to stand for people like me so I'll see what he says and then decide whether I believe him or not. I won't however listen to Labours lies and scaremongering, using bad memories of 20-30 years ago to justify keeping them in power.
Yes, Labour overspending has led to rising debt. My answer to that is they should have adjusted taxes so that the majority of hard working people will pay less but spending would remain unchanged and wouldn't increase debt. For the past thirty years the tax burden has increasingly been put on the average working person. It has come to the point where a large corporation pays far less tax (as a percentage of course) than people in the lowest income bracket, and where multi-millionaire/billionaire 'non-doms' who spend most of their time in this country, pay a pittance. However, this is not all Labour's fault. This is the world of quicksilver capital, of transnational corporations, of subsidiaries in tax havens etc. This is a world which Labour has blissfully ignored despite Brown's claims. So Labour should shoulder responsibility for that at least, but at its heart is capitalist globalisation - something far bigger than a national political party. It's also pretty much undeniable that the tories would have been even worse. Anyways, back to spending. I also think this Labour government has been disgustingly wasteful and could have done a lot more good with the same or less money. Read Private Eye for details on that.