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    „Wir hatten keine Alternative“: Reeves muss ihren Haushalt vor dem CBI verteidigen


    „Wir hatten keine Alternative“: Reeves muss ihren Haushalt vor dem CBI verteidigen

    https://www.theguardian.com/politics/2024/nov/25/rachel-reeves-rebuke-budget-critics-cbi

    Von LJA170

    View 9 Comments

    9 Comments

    1. Cyanopicacooki on

      “The Tories gave you tax break after tax break so you’re all squillionqaires, it’s time to try and redress the balance and get this country paid for”

    2. trmetroidmaniac on

      If Labour couldn’t freeze NI, they shouldn’t have promised to.

    3. AcademicIncrease8080 on

      The problem is our government budget is now over £1.2 **trillion** annually, and yet so little of that is allocated to spending which will actually grow the economy and attract investment.

      For example perhaps the most useful element of government budgets is R&D spending (e.g. Apple, Microsoft, Google _et al_ were ultimately born out of 20th century American defence research spending. And today, China’s dominance in EV batteries, solar panels, advanced manufacturing _etc_ is due to huge R&D spending by the Chinese government). But of the UK’s £1.2 trillion budget around… £10bn is allocated to R&D, global science superpower here we come🤦🏻

      Most of the budget is on things like redistribution to welfare-dependants and asset rich pensioners, wasteful spending on bloated bureaucracies and so on.

    4. Born-Ad4452 on

      Well you could have implemented a wealth tax on people with assets over £10m, but apparently no that’s not allowed

    6. CPH3000 on

      Everything the government does is a choice. They spend £8million per day on hotels for illegal immigrants because they want to and not because they have to.

      They’ve promised £3billion to Ukraine every year “for as long as it takes” because they want to.

    7. Sea-Caterpillar-255 on

      You could have tackled the underlying issues.

      You could have taxed anyone OTHER than working people, like you promised.

      Refusing to do either means we’re doomed to 5 more years of the same policies that were voted down in the last election. Then you’ll be voted out for failing to bring the change to promised.

      Here we are months into the new government and all I see is floundering.

    8. GanacheMammoth914 on

      It is utterly pathetic to state the only choice is to count the pennies, make spending cuts and tax workers more. They could have introduced a wealth tax, they could have just borrowed more, they could do something about the enormous wealth inequality. There are about 700,000 homes in the UK which are just empty, you could seize them in far less time than changing the planning rules and building new ones.

    9. Best-Safety-6096 on

      They have no clue because they have never worked in the private sector. Given that the private sector is responsible for tax revenues, it is vital to understand what drives behaviours to maximise the tax take in the most efficient way.

      When basically the entire government has either a public sector / trade union / career politician background they obviously cannot do that, and end up making stupid decisions that will only result in damage.

      You cannot have growth with increased taxes. You cannot have growth with expensive energy. Their policies will ensure that we have increased taxes and more expensive energy.

      The issue is that this is simply more of what we’ve had for the past 14 years. High taxes. Big state. Inefficient public sector. It hasn’t worked, yet we’ve put in power a mob whose only solution is even more of the same.

      We need what has happened in Argentina or will happen in America. We need growth. That means radical cutting of inefficiencies in the public sector, huge overhaul and lowering of taxes, putting more money in the pockets of workers and for businesses to invest and grow.

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