Written by Harry Johnson for the Telegraph
If you read any of the most recent Solidarity or SATUP press on the recent budget deal between the LPUK and the government you’d think that the worst has to come to the worst and that just like Alastair Darling in 2009 the Labour government is going to “cut deeper than Thatcher”. Yet the reality requires one to look no further than the joint statement issued by /u/Friedmanite19 and the Chancellor /u/NGspy.
To quote the Chancellor themselves “These benefits shall ensure that the government has enough to fund and build on the programs that the government has offered, including Plant!, ensuring the distribution of laptops to our school kids, more amounts in block grants for Wales and Northern Ireland, and a general increase in defense spending by 1.1 billion pounds annually.” Clearly then anyone calling this budget “austere” is either lying or does not understand what austerity policies actually are. This is especially true in the case of Wales, which thanks to the F4 deal have been left in a state of austerity.
That is not to mention the host of progressive tax cuts aimed at our SMEs and the working people of this country. National insurance has for too long remained an unfair burden on the Britons who found themselves hit by a 12% stealth tax despite the lowest tax rates under our deal this will no longer be the case as the NIC threshold is to be matched with the personal allowance so that the tax code remains both progressive and transparent. Sin taxes are another positive of our deal. Under the previous Conservative budget, we would have had some of the highest rates in Europe, merely to punish people for what they considered to be a wrong choice. These policies, unlike the series of tax hikes proposed by hidden Solidarity, ushered in by their preferred economic theory will put hundreds of pounds back into the pockets of working families.
The same can also be said about our small and medium enterprises, which will be sure to benefit from a 2.5% reduction in their tax bill. x. Over half the costs of the corporation tax are borne by the workers themselves therefore it is only fair for us to push for its reduction. The Chancellor’s flagship dividend imputation policy will be yet another boon to our entrepreneurs and workers as the burden of double taxation will be lifted from them.
We were told this parliament would get nothing done after the Blurple government collapsed however our great budget deal gets parliament working and working for you. Regressive sin taxes down, ordinary families keeping more of what they earn by slashing NIC’s, a fairer block grant system. This budget delivers for the lowest paid and low-income households and makes sound economic sense. Whilst others have been sniping at the sidelines, the government and Libertarians have been working hard to finalize the budget tables and draft a budget that puts money into the pockets of working families.
The only losers from this budget deal are solidarity and their hard-left ideology. They no doubt want this government to get nothing done so they could stoke up resentment among the electorate in a vain attempt to try to boost their seat share. Their whole ideology revolves around sowing discontent and polarising the electorate after all.
The Chancellor has no doubt taken the right decision to get through his flagship policies of dividend imputation and SME cuts by working across the aisle with the British people being the winners.