TPA

71 days ago

The 84% marginal rate of tax which kills off UK PLC

The media is full of MPs and lacky journalists praising MPs for going to work on a Saturday. Many if we folk who run SMEs work every Saturday ( and Sunday) so you will excuse me if I do not join in this praise. It shows just how out of touch the media and political class is that they deem this “sacrifice” by folks on £90,000 a year worthy of merit. More seriously it is claimed that saving the Scunthorpe steel works is part of a growth agenda. Bollocks.
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4673 days ago

Non Job of the Week in General and Specifically

If one listens to the BBC or reads the Guardian the wicked Tories are slashing public spending. These means real cuts to front-line services which means the poorest and weakest folks in society really suffering. Ahem…it is just not true.

The facts are that Government spending is increasing in real terms (and per head of population in real terms) year on year and will continue to do so throughout this Parliament. And since tax receipts are patently not going up as fast (indeed I suspect at all) that means that the UK Government deficit and UK national debt will continue to increase. At one stroke the wicked Tories both enrage the lefties but actually do nothing to sort out the economic mess we are in.

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