Deceitful Rachel Reeves claims we're in a huge black hole then adds to it with £10bn rise for state workers
Kelvin MacKenzie blasted Rachel Reeves
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To govern is to choose is the oldest adage in politics. Rachel Reeves has adopted it big time. She chose to hand out massive inflation-busting public sector pay rise costing £10billion, then chose to tell the big lie she had no idea there was a black hole in the public accounts to which she had just added.
Of course she knew. She’s a bloody economist for God’s sake whose been hanging around politics and then spending committees for years. Everybody knew there was a hole. She definitely did. Hunt certainly did and the news had even trickled down to the idiots running Wales.
They knew that whoever got into No.10 faced a tricky time. The reality is that Reeves and Co want to use this financial disaster to destroy the ambitious middle classes and turn us into people she is more comfortable to be with, the SiDS- the skint, idle and dim.
So, we are being warmed up for another jump in taxes in the autumn. And yet it was only a month ago Labour were complaining taxes were at their highest for 75 years. Now in power they want to add to it.
And it will be the risk-taking middle classes who will be presented with the bill. Labour will be attacking those that make money to give huge rises to those that work for the state. Not to mention the huge effect the increases would have on inflation proof pensions unique to public employees. When I’m in power I would change that immediately.
The only decision I agree with Labour about is the scrapping of the £200 winter fuel payments for everybody but the poorest. If we are to introduce means-testing, which is what this is, then why not apply to all forms of handouts?
The first area I would look at is social and council housing. Once you get one no matter how much your pay goes up you still remain heavily subsidised and wouldn’t have to move out. If you won the lottery you can stay. How ridiculous.
Under the present scheme you pay a third or less for your two-bedroomed council house than in the private sector. A colleague who lives in a privately-owned former council flat in East London pays £1,200 a month all up for a bedroom, plus share of the lounge.
He was talking to a neighbour who has a three-bedroomed council and all that chap pays is £400 a month. How can that be right? Immediately the tenant’s pay goes up so should the rent. Why should council tax keep going up when rents could fill that hole so easily?
The next rise on the Reeves list is capital gains tax. If you are job-for-life state employee then you may be in favour of it going up because you have never heard of it. But CGT is paid by risk-takers. They have invested their money, often over a long period, and had no idea if the investment will work or may be wiped out if it fails.
So, it makes sense they are entitled to less tax on any profit if the investment pays off than they would pay in tax through a salary. And this comes from a Labour government which talks a lot about growth. You can only have growth from people who take bets.
Being employed by the state is not a gamble but appears to be the one that Reeves is most happy to be associated with.
The reality is that we are living beyond our means and have been for many years. We have become a nation of subsidy junkies.
While it’s clear the UK needs to reduce the size of the state, Reeves and Starmer are going in the opposite direction. Under them our taxes will remain high for years. The SiDS will be happy and the middle classes who want to make something of themselves or their families will foot the bill.
It’s going to be a shocking five years before we can throw them out.