By your own words, it’s a package. Did you not want a package of measures to boost the economy, to put more money in our pockets, to encourage growth, to help us with our gas and electric, and to help businesses stay afloat and keep people employed?
Or are you so ideologically blinkered that you can’t see past the 45p rate reduction? Because that’s what a lot on here have classed this ‘package’ as. It’s a Tory give away to their rich buddies cos they don’t care about us and just want the rich to get richer. That’s what they say. That’s their narrow mindedness.
I don’t know if you missed it somehow, but the package is designed to lead to growth. Such growth leads to higher tax returns. Our economy has flatlined and growth has been lagging. The cost of electric etc has not at all helped.
With regards to the cutting of the top rate of tax, which most are obsessed about, it’s only £2bn or so of the incredibly expensive package. And when top rates of income tax have been reduced in the past, they always lead to higher to tax returns. So it will pay for itself. We need to make our country one which is attractive to businesses so they open up here and invest and we get the growth.
There’s plenty of help in this package for all including lower earners. But giving handouts to all isn’t sustainable if the growth isn’t there.
Quite simply, growth pays for the package and more. But don’t take my word for it, let’s see what the OBR says.
A huge part of the expensive package is the help for gas and electric. Are you saying this help shouldn’t be given? If you think it should be given then I’ll ask you your own question - who do you think is going to pay it back?
Whilst you ponder that one I’ll help you with a partial answer - the highest earners will be the ones disproportionately paying it back.
These damn higher earners helping pay down our borrowing. Shocking. Shouldn’t be allowed.