Rishi Sunak considers tax cut for top earners after byelection defeats
Tories may also reduce stamp duty in bid to win back voters and reduce pressure on PM, reports say
They don’t bother being discreet. The rich are only interested in helping the rich.
Elections are the illusion of choice.
You don’t become a political leader without forming many ties to the rich and powerful.
This is literally exactly what I keep saying and people just look at me like I'm crazy. Exactly!
Do you by chance know any further reading I can do along these lines? Books are preferable to dubious random blogs and such but I'll take anything written, really! Thank you :-)
Any communist/Marxist literature :p Maybe have a browse around on ProleWiki. I would also recommend Socialism: Utopian and Scientific by Friedrich Engels, because I think it does a good job of explaining the basics in the last chapter (but the first two are worth reading too). For something less theoretical that just tells it how it is right now, I would recommend "Confessions of an Economic hitman", which exposes the meddling of US imperialism around the world (including politics)
Most of the Marxist literature can be found on Marxists.org
All elections, or just elections in liberal democracies? I can't think of any major Marxist country that didn't do some form of representational democracy, even if the elections are just a formality. China does it. The Soviet Union did it. They didn't make elections dissappear, they just kept politicians that disagreed with the party line from running.
In large societies, not every decision can be made through direct democracy, so we need someone to make those decisions. Why not have a legislature? Is a group of unelected decision makers better?
PeRhApS iT wIlL bOoSt GrOwTh
This to me seems like he's just trying to help out his buddies before he loses the next general election.
The British womb closed shop 40 years ago when they saw ratchet gypping kids by stuffing their icecream full of air and then invented neoliberalism. There will be no growth and no relief from inflation because the reinforcements are not coming until the zoomers start fucking ... IF they start fucking
Tax cuts for the rich, rugged individualism for the poor? The US is not a model to look up to here.
Neoliberalism isn't a product of American influence, it's a book of pre-made lies that every wealthy person in every wealthy country has agreed to read from.
They know it doesn't work but they get richer every time it fails to deliver on its promises so it's taught at the most exclusive, expensive schools the world over.
The Tories were always about handing out public money to mates and it’s insane that people still don’t see it. Why else would you go into public life instead of working at your dad’s firm?
If straw clutching was an Olympic event, he'd be in with a chance of the gold there.
Just over a year until he has to call an election. A year more of these arseholes. The just lost a seat they'd had for 90 years. It's going to be a massacre and I can't wait.
Is it too late to bring back the lettuce?
It's a classic.
At first I was surprised this wasn't an Onion article, and then I wasn't.
Why tax cuts? How would that help anything?
Sounds like he just wants to spite the poors. He's rich, right? Yep, my opinion checks out.
This is the best summary I could come up with:
Rishi Sunak is considering a tax cut for the 5 million highest earners and reducing stamp duty in an attempt to ease the pressure on his leadership after two historic byelection defeats, it has been reported.
The Conservatives may raise the 40% income tax threshold after Labour’s victory in Mid Bedfordshire, Nadine Dorries’ former seat.
The Daily Telegraph reported that surveys have been carried out by Downing Street to ascertain which tax reduction could give the party the biggest political pre-election boost with the 2024 spring budget considered the earliest it could be announced.
The Conservatives are also planning to reduce stamp duty for their general election manifesto next year if the economy has strengthened, the Times reported.
A senior Tory told the Times that reducing stamp duty would be “aspirational” and improve the economy in addition to attracting middle-class voters who had left the party.
Official figures showed that public sector net borrowing was £14.3bn last month, lower than the £20.5bn that had been forecast by the Office for Budget Responsibility.
The original article contains 304 words, the summary contains 172 words. Saved 43%. I'm a bot and I'm open source!
