Will Sunak tax you cash you don’t owe, to pay a Covid-19 bill that doesn’t exist?
Rishi Sunak: now his nervous look may be attributed to the possibility that he will lie to us next week, demanding we pay back £300 billion that the Tories used to cover the cost of the Coronavirus when there is absolutely no need to do anything of the kind. The government created the money that was used to pay for the crisis.
Pay special attention to Rishi Sunak’s spring Budget speech next week because he will probably try to steal money from you.
It is likely Sunak will introduce measures that he claims are needed in order to pay back the £300 billion (roughly) cost of everything the Tory government has done to keep the UK running during the Covid-19 crisis.
He will be lying if he does. No such measures are needed.
You see, the money used to pay for Covid-19 was created by the government. It wasn’t borrowed and there is therefore no need to pay it back.
Watch Richard Murphy’s explanation here and you should get the idea:
What strikes This Writer as particularly evil is the implication that Sunak may impose taxes on us, in order to perpetuate a myth that the Tories have spun since 2009: that austerity is necessary.
It isn’t. It never was.
And this means that all the deaths that have been driven by Tory austerity policies were unnecessary; they were deliberately planned by Conservatives from David Cameron’s era onwards and this means that Cameron and those Tories who conspired with him (Iain Duncan Smith springs particularly to mind) should be brought to account for it.
But I doubt they will.
Public opinion is largely led by the mass media, who are currently owned by the Conservatives. They’re hardly likely to do anything that endangers them.
And that means you are unlikely to hear on the BBC any suggestion that we don’t owe anything for Covid-19.
But you don’t. And now you know this, you need to tell everybody around you.
Have YOU donated to my crowdfunding appeal, raising funds to fight false libel claims by TV celebrities who should know better? These court cases cost a lot of money so every penny will help ensure that wealth doesn’t beat justice.
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It’s always been the peasants monies
Has we now we pay taxes they don’t just
Look Cameroon offshore accounts squirmed
But got out of it really the peasants need to
Wake to that fact we have enough.onies to live
Without going without
Also notice that this has been happening while tax intake has repeatedly been exceptionally low due to the lockdowns, so the ‘newly-created’ money has very little to offset it. The suckers who keep warning that an enlarged money supply automatically means high inflation need to explain why inflation in the second quarter of last year (when lockdown was at its tightest) inflation was at a four-year LOW.