Post by Cursitor DoomPost by Tim Streaterhttps://petitionmap.unboxedconsulting.com/?petition=700143
I have no idea what this is about TW
Petition to call a General Election on the basis that the Nu Nu Labour
government has reneged on so many of its promises.
They haven't really reneged on their promises. They have done exactly
what they promised, ie not to put any direct taxes on the employed.
Instead, they have placed the required increased tax burden on various
specific groups by taking away various financial 'privileges', and who
understandably feel aggrieved about this.
In particular, it's pretty obvious that increasing national insurance
and lowering the earnings threshold where it becomes payable is very
likely to kill business and employment growth dead in its tracks.
Would it not have been better to spread the pain more thinly over more
of the population? For example, could they not have increased income
tax, but at the same time increased the tax-free allowance? The winter
fuel allowance could still have been paid in the manner to which we have
become accustomed, but simply taxed as income. With some sensible
juggling this could have ensured that the poorest would not be worse
off, but the better-off would be those who paid more tax.
But of course I realise that in their election manifesto they could
never have admitted that they intended to increase income tax for
workers and savers. They wouldn't dare do this. If they had, we'd still
have a Tory government (or even Reform).
--
Ian
Aims and ambitions are neither attainments nor achievements