Giving Away Tax Money?

He said: "When the money\’s piled up in the pot, then you give it away in tax cuts. It only makes sense to look at this over an economic cycle. You can\’t look at it in a single year, or even necessarily in a four-year parliament."

That\’s the new Tory Policy. Something of a sadness that it\’s informed by such an odd idea of whose money it actually is.

Cutting taxes isn\’t "giving it away", it\’s refraining from confiscating the money in the first place. The Shadow Chief Secretary still seems to be labouring under the misapprehension that it is the government\’s money which the supplicant taxpayer might be lucky enough to have showered upon him.

As long as you approach taxation from that point of view you\’re never goingto get policy right, are you?

4 comments on “Giving Away Tax Money?

  1. Yeah, that wasn’t the only odd thing in his talk. I’m hoping it’s just empty rhetoric but it gets harder and harder to tell when politicians are sincere these days.

  2. Let’s get this straight; once they’re able to cut taxes, they won’t – but will hold back OUR money for political expediency.

    If I may be so bold as to quote the Devil’s Kitchen – CUNTS!

  3. It is bizarre, the whole thing. The Tories must know that about 10% or 20% of gummint spending is waste pure and simple, surely? I mean everybody else knows that. In fact, one of Lord Forsyth’s tax reform commission told me exactly that two and a half years ago.

    So why is there no political mileage in saying it?

  4. “The Shadow Chief Secretary still seems to be labouring under the misapprehension that it is the government’s money which the supplicant taxpayer might be lucky enough to have showered upon him.”

    Won’t this only be true when the Governmet has no debt?

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