Starmer is talking bollocks.
There is no need for a round of further Tory austerity. There are many ways of raising the necessary billions, if only he and Reeves could ditch their craven adherence to neoliberal ideology and 'fiscal rectitude'.
They could start by taxing capital gains at the same rate as income tax and restricting pension tax relief to the basic rate. This would more than cover their fictional £22bn black hole.
#LabourAusterity #UKPolitics
https://www.theguardian.com/politics/article/2024/aug/24/keir-starmer-warns-of-tough-times-ahead-to-fix-tory-ruins
JuneSim63 /
npub1ec…0kh2u
2024-08-25 07:44:18
Author Public Key
npub1ecsvapql5rerese5hwtmkn74rfhk02s2ad6d3n22cphjpv8rs8zqm0kh2uPublished at
2024-08-25 07:44:18Event JSON
{
"id": "e967cbdaa0f76fc01c2a3033c12a97f4fe68760259d2dd3975e0d4bc28a44014",
"pubkey": "ce20ce841fa0f23cc334bb97bb4fd51a6f67aa0aeb74d8cd4ac06f20b0e381c4",
"created_at": 1724571858,
"kind": 1,
"tags": [
[
"t",
"ukpolitics"
],
[
"t",
"labourausterity"
],
[
"proxy",
"https://mstdn.social/@junesim63/113021541323901235",
"web"
],
[
"proxy",
"https://mstdn.social/users/junesim63/statuses/113021541323901235",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://mstdn.social/users/junesim63/statuses/113021541323901235",
"pink.momostr"
],
[
"-"
]
],
"content": "Starmer is talking bollocks.\nThere is no need for a round of further Tory austerity. There are many ways of raising the necessary billions, if only he and Reeves could ditch their craven adherence to neoliberal ideology and 'fiscal rectitude'. \n\nThey could start by taxing capital gains at the same rate as income tax and restricting pension tax relief to the basic rate. This would more than cover their fictional £22bn black hole.\n\n#LabourAusterity #UKPolitics\n\nhttps://www.theguardian.com/politics/article/2024/aug/24/keir-starmer-warns-of-tough-times-ahead-to-fix-tory-ruins",
"sig": "91c9cb8d5feaec3b01e78c3ebf54129f42742e0cad671ee345fd034ff4b9aef0784f67f262b6e168375654b8d204613f1d5eba0bb75c47c8bdaf92f3b4d81104"
}