A gang of top business leaders have sent a letter to the Telegraph endorsing George Osbornes proposed cuts (and I paraphrase here)…
Go on Georgie Boy. Do it. Be a man and make those cuts. You know it makes sense.
I’m not confident enough in my economic learnings to say they are talking bollox, but…
The private sector should be more than capable of generating additional jobs to replace those lost in the public sector, and the redeployment of people to more productive activities will improve economic performance, so generating more employment opportunities.
… sounds awfully like a call for privatisation.
Now, privatisation is all well good, but when a public service is privatised there are never as many jobs filled by the incoming private company, with wages for the workers usually being at a lower level, too.
It’s not that hard to create jobs where a gap has been create by withdrawing a service that had only on supplier, is it?
The trick for the business leaders, which would really help us out (apart from not using convoluted ways to artificially reduce their tax burden) would be to create jobs without getting their mate the Chancellor kicking people out of jobs in the first place.
The Guardian…
The CBI today demanded that the public sector bear the brunt of Britain’s deficit reduction as it urged the government to spare the better-off from radical changes to capital gains tax
Oh, boo-fucking-hoo. What a surprise, the ‘better off’ don’t want to help pay off the massive debt that has been run up because of the crafty well paid shits that bet everyones houses on schemes that no one understood.
The CBIs’ director-general, Richard Lambert, …
set out a three-point plan for making savings in the public sector: controlling workforce costs through curbs on pay and hiring; eliminating waste and duplication through sharing back-office functions, outsourcing and more efficient procurement; re-engineering public service delivery, including treating more patients at home.
Fair enough. It is always good to try and find better, cheaper ways of doing things, but he also wants the top rate of income tax to come back down to 40% and to leave capital gains tax alone. This, he says, is because “mobile talent” will bugger off and it won’t increase the tax take much.
Capital gains take is stupidly low, for an income for doing fuck all, and if all these cunts rich enough to get an accountant to funnel their income through various channels and offshore companies, that are nothing more than an vessel to reduce their tax bill, actually paid their taxes, then there wouldn’t be a need for a 50% tax band.
So once again, a rich cunt, on behalf of other rich cunts doesn’t want to pay for the sheer stupidity and greed of other rich cunts that has screwed everybody. Makes you heart fucking bleed, doesn’t it?
