Comment on UK households face tax rise of £3,500 a year by next election, finds IFS

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Blake@feddit.uk ⁨1⁩ ⁨year⁩ ago

Yeah, misread your comment, sorry!

Your numbers are a wee bit off, but close enough - my calcs give £27bn corp tax rather than £21.6 (remember they’re increasing it this tax year to 25% from 19%).

It’s irrelevant anyways. The windfall tax is all just propaganda to mitigate criticism of the fossil fuel industry. I don’t want to defend the Tories at all, I agree with you that they’re taxing the working class greater for the benefit of the wealthy. But that isn’t what the article is saying, and that’s why I’m annoyed at the article. The article is bullshit not because it criticises the Tories, the article is bullshit because it’s complaining about the wrong things! They mention three conservative government policies which they claim are causing harm to us, and of those three policies, two and a half of them are things we should be pushing for MORE of. (Higher corporation tax, taxes on the fossil fuel industry, higher income tax for people with high incomes). Those policies are bad because they don’t go far enough.

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