Meeting strikers’ demands WON’T cost £1,000 per household. Sunak is LYING
So much for his claim to be bringing integrity to the UK’s government.
Perhaps we should not be surprised that the UK’s prime minister is lying to the people, but we should certainly question why anybody so economically illiterate was ever invited to be Chancellor of the Exchequer!
Rishi Sunak is actually trying to protect the richest people in the UK – those whose incomes have increased the most during the nation’s recent economic upheavals – from paying their fair share towards resolving the problems he and his colleagues have caused.
(Let’s not go too far into the argument about tax paying for anything at all. By now, everybody should know that the government creates money – or rather, orders the Bank of England to do so – and spends it into the economy; tax is a mechanism to prevent inflation by ensuring the amount of money washing around the economy is limited. That is exactly why taxes would be raised in this case.)
You see, tax is paid on a sliding scale; the lowest-earning households in the UK don’t pay any at all, while those with the highest incomes – unless they are involved in tax avoidance schemes (and many are, because Sunak insists on allowing them to continue) – pay considerably more than the average.
Sunak himself lives in the richest household in the country. You need to understand that he has a personal interest in this.
So he has sent out his spokespeople with a silly lie that he hopes that, if it is repeated enough, you will believe.
Here’s Peter Stefanovic to explain further:
The Prime Minister is shamelessly sending out members of his Government to tell the public union demands for a proper pay rise for public sector workers will cost every household an extra 1,000 a year in tax
It’s economically illiterate, completely untrue & absolute boll**** pic.twitter.com/9gjV276ObL
— Peter Stefanovic (@PeterStefanovi2) February 20, 2023
Who do you believe? Sunak – or Stefanovic and me?
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It was Gordon Brown who decided to levy a lower rate of tax on unearned income than earned income. This is highly regressive in nature and has created an annual budget shortfall estimated at around £16 billion a year. If he wanted to, Sunak could reverse this.
Sunak’s commitment to integrity was broken on the very same day that he made it. That was the day that he brought back Suella Braverman who had been forced to resign just 6 days earlier.
Did any of these ‘interviewers’ challenge his ‘£1,000 per household’ lie? I would be very surprised if they did.
Can you provide some documentary evidence about Gordon Brown taxing unearned income at a lower rate, please? I’m not suggesting you’re wrong; I just want to have a source.
Agree with you 100 per cent on the rest.
“The highest capital gains tax rate was 40% between 1988 and 2008 but it is just 20% today on most assets, and 28% on property. Higher rate taxpayers pay 40% on their income and 45% on income above £150,000.”
https://www.theguardian.com/inequality/2019/sep/09/taxing-wealth-at-lower-rate-than-income-is-wrong-says-thinktank
2008 was the year it was changed.
More blatant lies from the fascist tories! Hopefully most voters will see through this latest lie from the fake fascist tory government!
During the 2019 GE campaign someone posted that they’d heard workers on a building site saying that Labour would take money directly from their bank accounts if they won the election!!! The media were telling people that Labour would cost everyone hundreds of pounds to fund their policies.