Austerity is a scam

Sadly,t he fact that a Government can get away with this is perhaps the worst ever legacy con that the evil witch Thatcher left us with. That of convincing ordinary folk that they are better off having more money in their pocket to chose how they spend it, than Government taxing and spending on services… of course Thatcher simply acted like the clever cunt she was by adding VAT on everything and upping duty on the fags, booze and fuels… yet folks still voted for her and failed to see her con.

They even managed to get that ‘tax and spend’ as a real negative - a shitty stick to beat labour with… when what exctly does it mean? No fucking shit sherlock, but that is what taxation is for - to spend on public services. Its not some punishment for the poor…Jeez (this gets me fucking angry). It was probably that other Tory cunt Saachi or soem PR twat that worked their dark fuckinmg arts on that one… and its now a fucking scare word… :lou_angry: :lou_facepalm_2:

It’s meant that whilst so many moan about the lack of public service spending, poor provision of social support, there are still too many no longer prepared to pay for it through taxation and why tax loopholes for the rich are not the far greater scandal that they should be… and why plenty of disenfranchised still seem to vote Tory in enough numbers to give immoral cunts power.

2 Likes

OK one question, I get that it’s easy to believe that Osbourne would have signed this agreement but, if he had, don’t you think it would have been reported in the mainstream media?

I don’t remember hearing anything about it, and this was in 2012 when they were sharing power with the LibDems so surely someone from the LibDems would have leaked it out??

A huge issue at the last election was the lack of an effective electable opposition.

1 Like

True… but labour fucked themselves the day Tony decided to take us into an unjustified war… as that also sowed the initial seeds for SNP surge in Scotland… which has lost Labour some 40+ seats… I suggest that Gorden became a bit of a scapegoat for a global economic colapse that no onein power would have been able to breeze through…the bastard bankersloving the fact that Labour were in the driving seat at the time… as it means they could blame them and not their own cuntish practices…

2 Likes

Thanks Gay, I was going to raise the 40+ seat swing in the Scottish parliament too, wouldn’t have helped Labour though as the Conservatives still have a majority?

True, but a major loss nontheless. I simply cant see how Labour can ever hope to get back in whilst Scotland remains wedded to Jimmy Krankie…

Question from an American so I am sure the answer is obvious just not to me:

Given that the SNP’s policy’s on austerity make more sense, isn’t there some way to get them to run sensible candidates in England and then elect them instead?

The SNP aren’t really anti-austerity, but they do have a greater degree of control over how they raise and spend their money. That means they can give their kids free education and free prescriptions. Compared to the banker’s paradise down South, I appreciate that it can look like anti-austerity. Fuck, it looks like communism at the moment!

They have some extremely principled Westminster MPs who are very good at holding the government to account. North of the border, they deserve great credit for investing in their young and mitigating some costs, but in many other respects, it’s business as usual.

Labour could promise another referendum, make it binding, for some future date. Big risk, because they could vote to leave, but then the SNP threaten to sort a new referendum out all the time anyway. It could negate a lot of the SNP vote.

Another huge thing we could do is move the capital north. It seems crazy, but countries have done it before. Brazil built one from scratch. Westminster seems very remote to parts of the country, both in distance and in terms of its interests. Manchester comes up frequently when people navel-gaze on the issue, but I genuinely think Liverpool is a better fit if we want to maintain links with the Irish.

We English can be some right fuckers in our treatment of people from other parts of the Union, and I’ve never understood it. I have been to every part of this union, and to the Republic of Ireland too, which no longer is part of the Union, but very much influenced by it. Apart from a few things dividing along sectarian lines, there’s no difference bar the accent and sense of identity.

If we want to hold this union together, we go a funny way about it sometimes. Respect goes a long way.

The whole concept of Austerity was a bit of a ruse for Osborne/Cameron to implement their Thatcherite agenda. The banking crisis just gave them an excuse and they were only held back by the coalition with the Lib Dem’s.

Quote from Paul Krugman - Nobel winning economist and NYT writer

I don’t know how many Britons realise the extent to which their economic debate has diverged from the rest of the western world – the extent to which the UK seems stuck on obsessions that have been mainly laughed out of the discourse elsewhere. George Osborne and David Cameron boast that their policies saved Britain from a Greek-style crisis of soaring interest rates, apparently oblivious to the fact that interest rates are at historic lows all across the western world.

5 Likes

It’s not secret.

http://www.taxresearch.org.uk/Blog/2012/03/23/for-a-man-who-says-he-thinks-tax-evasion-is-repugnant-george-osborne-is-doing-his-utmost-to-promote-and-assist-it/

No-one made a big thing of it.

1 Like

Osborne’s family business hasn’t paid any corporation tax in 7 years.

Problem with the SNP pap, (and I live up here) is they’re not immune to ridiculous voter friendly spin policy… good examples are free prescriptions and eye tests for all… Now I dont need free stuff and am prepared to pay so that those that cant [pay, get the free stuff (fuck me what an old fashioned socialist I am :wink: )… and also see the money saved go on something everyone benefits from… like the fucking roads, which are the worst in the UK… but you see despite the SNP freezing council tax (for last 4 years) and so local government have their hands tied, when asked about such infrastructure being shit, they blame…?.. yep Westminster and the nasty English… Its about priorities and their’s are to provide voter friendly quick wins, and use every opportunity to blame Westminster for lack of investment in larger scale projects… and naturally this plays very well up here… so not as principled astehy like to pretend they are… and given they also attract those with more sinister views on nationalism in Scotland, that is something I can not accept.

The company ‘made a loss’. Do you reckon that this means:

A: Daddy Osbourne received no money from this company as it wasn’t making any profit.

B: Daddy Osbourne paid himself a fuckton of money first in a very ‘tax efficient’ way then paid no corporation tax on what was left?

Surely Mr O is not on benefits? How is he surviving?

4 Likes

Fuck me Goaty, cant you make these questions a bit easier… that sure is atough one… will have o give it some real thought.

2 Likes

Yet we all have to tighten our belts etc.

Osborne and Little

The company recorded a pre-tax profit of £722,000 on turnover of £34 million in 2014/5. The highest paid director, possibly Peter Osborne, was paid £684,000.[citation needed] Using the 2014/15 UK income tax calculator reveals this would result in combined income tax and national insurance deductions of £310,838.28.[12]

In 2015 it was revealed by Private Eye that, despite having made a pre-tax profit of £722,000, the company paid no corporation tax for the year 2015 – thereby avoiding a “tax bill” of £179,000.[13][citation needed] The magazine also revealed that the company had not paid any corporation tax since 2008 and had even received a tax credit of £12,000 in the year 2010.[14][citation needed] This was due to the company making losses totaling £9 million between 2009 and 2014, which allow the carry forward of credits for losses against the 2015 corporation tax bill.[15] The Chancellor of the Exchequer, George Osborne, owns a 15% stake in the company.

We are all in it together.

3 Likes

Lose nearly 2 million per year. Pay no tax.

Each year, for 5 years.

Make 3/4 million. Pay no tax.

What do we think will happen if there is a massive wallpaper bonanza year?

Uhm… I would seriously ask the question: who the fuckity fuck would appoint someone as chancer (sic) of the exchequer who invests in a company that turnsover of 34 mill and only makes a 2.2% net margin? and losses for 5 years in a row? I mean fuck me, does a Chancer not need a little business and economic accumen? A cynic might assume that they are actually making some money… somehow?