Apart from the inevitable blip after the banks insatiable greed took down the global economy and the public were forced to bail them out to the tune of some £850 billion (UK), revenue from taxation has risen year on year ever since.
Britain is not, nor ever was, broke, close to bankruptcy, or in need of any austerity measures whatsoever. As Mike Sivier put it in Vox Political, “Simon Wren-Lewis re-states a valuable point in his latest Mainly Macro post – that the UK has suffered under Conservative austerity policies, not because there was a need for spending cuts but because the Tories had an excuse to impose them.”
What the crisis enabled the Tories to do was to implement plans, long in the making, to privatise the state, lock, stock and barrel and to rob the public blind with catastrophic cuts to services and provision across the board. The entire Tory reign of terror and, specifically, the war on the poor, has been the greatest scam in UK history. People have starved, died and committed suicide for an obscene Tory lie.
If you examine the attached charts you’ll notice that the entire corporate and business contribution to tax revenue this year will be 7%. The Tories have repeatedly lowered corporation tax and done nothing about tax avoidance or evasion. As Britain mobilises for work each day the profit from people’s labour is sucked out never to be seen again, meanwhile corporations enjoy massive public handouts, which the Guardian reported in 2014 amounted to £95 billion.
As Brexit approaches it is fair to ask what is going to happen to EU land subsidies in the UK? Under the EU’s Common Agricultural Policy (CAP), in 2012 land subsidies cost the average British household £245 a year. Britain’s wealthiest landowners, including the Queen, are gifted money as they sleep, a land tax would add billions to tax revenues, easing the burden on ordinary people. What the Tories plan to do about land subsidies after Brexit remains to be seen, but it is not hard to guess and nor can we expect it to get any mention in the press. They look after their own.
There was no need for any of the austerity that has wrecked the lives of millions of people across the UK, many now dead. As Mark McGowan, the artist taxi driver, said in 2010, ‘This is not a recession, it’s a robbery’, which became the title of a movie he released in 2013.
There are local elections on May 4th. For the millions of people with no idea what to do or how to survive, wondering where their next meal is coming from, using your vote matters if we are to end this national travesty and tragedy undertaken by the thieving Tories for no reason other than the transfer of the nations wealth into private hands.
If you have not registered to vote you can do it here: https://www.gov.uk/register-to-vote
Get mad, start getting even, vote the thieving Tories out.