| Tax cuts on 09:50 - Sep 28 with 646 views | BlueBadger |
|  |
|  |
| Tax cuts on 09:50 - Sep 28 with 643 views | Keno |
does this help
 |  |
| |
| Tax cuts on 09:56 - Sep 28 with 612 views | nrb1985 |
The other outrageously dumb point in their economic plan which hasn't been mentioned is that you can now get pretty much a risk free return of 5.5% for a one year GBP deposit.
If you give rich people who don't really need extra money a tax break and the chance to get 5%+ risk free then they certainly aren't going to spend it/trickle down.
That or it will be eaten up by higher mortgage costs. |  | | |
| Tax cuts on 09:57 - Sep 28 with 603 views | SuperKieranMcKenna |
There is no trickle down - they couldn’t even get that part right.
Wealthy get a 5% tax cut, meanwhile the devaluation of sterling will drive further inflation probably in double figure as the cost of imports rises. Additionally assets and investments see monumental declines.
So I imagine even the rich are p!seed off at this point. Maybe that will see them off as their donors turn on them. | | | |
| Tax cuts on 10:25 - Sep 28 with 531 views | Guthrum |
| Tax cuts on 09:57 - Sep 28 by SuperKieranMcKenna |
There is no trickle down - they couldn’t even get that part right.
Wealthy get a 5% tax cut, meanwhile the devaluation of sterling will drive further inflation probably in double figure as the cost of imports rises. Additionally assets and investments see monumental declines.
So I imagine even the rich are p!seed off at this point. Maybe that will see them off as their donors turn on them. |
Problem being there isn't any mechanism for getting rid of a sitting government with a comfortable majority if they don't want to hold an election (fearing they'll lose) - short of outright revolution.
Unless Conservative MPs start defecting (or abstaining) en masse, there's no chance of a VoNC succeeding. Given the likelihood of losing their seats in the the subsequent GE, what incentive do they have to do that? |  |
| |
| Tax cuts on 10:34 - Sep 28 with 508 views | giant_stow |
| Tax cuts on 10:25 - Sep 28 by Guthrum |
Problem being there isn't any mechanism for getting rid of a sitting government with a comfortable majority if they don't want to hold an election (fearing they'll lose) - short of outright revolution.
Unless Conservative MPs start defecting (or abstaining) en masse, there's no chance of a VoNC succeeding. Given the likelihood of losing their seats in the the subsequent GE, what incentive do they have to do that? |
Being a dirty telegraph reader, I've seen talk of unnamed MPS suggesting that they know the game is up and that 'the shambles can;t continue' or 'perhaps a period in opposition would be best'. You never know.... |  |
| |
| Tax cuts on 10:40 - Sep 28 with 486 views | Steve_M |
Patrick Minford has probably done one, or the IEA. Or some loons in the US if that helps. |  |
| |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
