| > we also have to be careful of writing off numerous opinions from multiple diverse sources in multiple countries, from politicians I fully expect politicians in other countries to HATE the fact that we have a competitive low-tax regime that will attract business and talent. And they'll also hate that we have a devalued currency, which makes our exported goods and services more competitive. > I don't believe for a second that we're the most productive members of society, we've just figured out ways to get people to pay us a lot You may well be right about your own situation. We're all different. My employers value what I did and paid me accordingly. > There's a lot of argument about whether (for instance) the continuation of the lower corporation tax rate is even useful for that. The case with corporation tax is cut-and-dried. When the Tories reduced it significantly (to 20%), revenue quickly went UP. It took barely any time to prove that we'd moved closer to the revenue-maximising point on the Laffer Curve https://i.dailymail.co.uk/i/pix/2017/11/21/01/468DEAAA000005... > These decisions are a kick in the pants to the people who actually need a tax break, your man on the street that you mentioned above I'm losing count of the free cash grants this Tory govt is handing out to help working class people with their energy bills. And now they're using public money to freeze bills. It's unprecedented. |
Most of the politicians comments I'm referring to are from British politicians, even within the conservative party. This isn't jealousy, it's marvelling at incompetence.
You still seek to play down both the comments of a range of people from a range of different viewpoints and the actual market movements. And you're doing it in a very disingenuous fashion. You know as well as I do she's come under criticism from her own party, some from those within her party that supported her leadership bid, as well as luminaries from all over the financial world in multiple countries.
> When the Tories reduced it significantly (to 20%), revenue quickly went UP
In an entirely different economic landscape to the spiraling inflationary one we're in today. I'm not sure a cartoonised graph from the daily mail is evidence of anything very much.
> You may well be right about your own situation. We're all different. My employers value what I did and paid me accordingly.
The point is that labelling high earners as the most productive class is a laugh. Far from all of them are. I like to think I earn my money too, but I've seen a lot of people that don't, who find and cling on to these posts though a combination of connections, grift and luck.
> I'm losing count of the free cash grants this Tory govt is handing out to help working class people with their energy bills. ... It's unprecedented.
Yes, that's the point, it's unprecedented, it's fucking awful for ordinary people on average incomes, huge inflation pushing up the prices of everything, interest rate rises making mortgages more expensive, rocketing energy costs (even if they are capped they are historically very high). In the midst of that, these policies make things worse. More expensive mortgages will knock on to the housing market falling, for example. This is not just "idealogically problematic" in some wishy-washy leftie way, it's not just something to be disagreed with because of your particular economic leaning, it's not just targetting the wrong people (though it certainly seems to be doing that) or the politics of envy - it's actually fucking stupid.