So under “trickle down”, instead of just handing the £45bn to dedicated, central public service organisations who deliver at scale and are able to achieve efficiencies plus have a strategic overview so know where resources need to be ditected, we take it away and hand it to the shareholders and owners of businesses via a reversal in planned increases in corporation tax, let them have their way with it and hope some of it finds its way down to the general populace before inflation renders it worthless and they then do…… what with it?
Tory ideology often spouts off about “the public knowing where best to spend its money”. We don’t. Gambling and cryptocurrency and tobacco and myriad other destructive things are multibillion pound industries. People frequently make *incredibly* poor decisions with their money.
Personally I’m moderately well paid and will benefit slightly from the cuts but here’s the thing; *I want at least some of my money to go towards us having a world class universal health and education service because i can’t recreate those things with these “tax cuts” and their existence directly benefits my family and indirectly by meaning people around ne are educated and healthy and likely to lead productive lives instead of bashing me over the head with a wooden club because stealing is the only way they can feed themselves* (“enlightened self interest”, look it up Truss crew).
This was always the worry.
Idealistic people with little to no on the job experience will often try to conceal their inexperience by going to the extreme.
That way, after the initial shock dissipates, and people get used to it, they can usher in said policies in measures and work on them on the fly so to speak.
Thatcher essentially did this exact thing with Poll Tax.
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So under “trickle down”, instead of just handing the £45bn to dedicated, central public service organisations who deliver at scale and are able to achieve efficiencies plus have a strategic overview so know where resources need to be ditected, we take it away and hand it to the shareholders and owners of businesses via a reversal in planned increases in corporation tax, let them have their way with it and hope some of it finds its way down to the general populace before inflation renders it worthless and they then do…… what with it?
Tory ideology often spouts off about “the public knowing where best to spend its money”. We don’t. Gambling and cryptocurrency and tobacco and myriad other destructive things are multibillion pound industries. People frequently make *incredibly* poor decisions with their money.
Personally I’m moderately well paid and will benefit slightly from the cuts but here’s the thing; *I want at least some of my money to go towards us having a world class universal health and education service because i can’t recreate those things with these “tax cuts” and their existence directly benefits my family and indirectly by meaning people around ne are educated and healthy and likely to lead productive lives instead of bashing me over the head with a wooden club because stealing is the only way they can feed themselves* (“enlightened self interest”, look it up Truss crew).
This was always the worry.
Idealistic people with little to no on the job experience will often try to conceal their inexperience by going to the extreme.
That way, after the initial shock dissipates, and people get used to it, they can usher in said policies in measures and work on them on the fly so to speak.
Thatcher essentially did this exact thing with Poll Tax.