Big businesses hit by NI raid should ‘suck it up’, Treasury minister suggests
The Chief Secretary to the Treasury has suggested big businesses hit by the National Insurance (NI) raid should “suck it up”.
Darren Jones, Rachel Reeves’s deputy, said “bigger businesses are more able to burden some of the contributions we need to make to the state”.
Unlike ours, English politics, — one hears it on every hand, — are pure. Ours unfortunately are known to be not so. The difference seems to be that our politicians will do anything for money and the English politicians won’t; they just take the money and won’t do a thing for it.
Stephen Leacock – My Discovery of England (1922)
The Chief Secretary to the Treasury has suggested big businesses hit by the National Insurance (NI) raid should “suck it up”.
Darren Jones, Rachel Reeves’s deputy, said “bigger businesses are more able to burden some of the contributions we need to make to the state”.
Unlike ours, English politics, — one hears it on every hand, — are pure. Ours unfortunately are known to be not so. The difference seems to be that our politicians will do anything for money and the English politicians won’t; they just take the money and won’t do a thing for it.
Stephen Leacock – My Discovery of England (1922)
9 comments:
As those big businesses have a duty to serve their shareholders rather than the government or even their individual employees, one way of sucking it up would be to protect profits by shedding staff where they can. Solve the problem by handing the Government a bigger one, and make a big eloquent song and dance about it.
It's at times like this that you remember Labour doesn't have a single second of business experience in the entire cabinet.
Sam - yes, shedding staff is bound to happen, it's a pity we can't shed the whole cabinet to make up for it.
They really do seem to think that big business owners can just sell their Bentleys to pay the extra tax, and things will carry on as normal, just with a few less Bentleys. It's quite scary to be governed by such idiots
Bucko - yes it is scary because there is no way to tell them anything. They've climbed the ladder and that tells them how smart they are. Nothing but a mess which is obviously their fault will get through to them, possibly not even that.
The Labour government seem to be fixated on 'class war' as their governing style. Therefore the 'rich' are bloated plutocrats and deserve all they are getting, no matter what the downstream consequences for the 'little people'.
Funny how everybody except Government has to suffer. We don't have a cost of living crisis. We definitely have a cost of Government crisis - and it's getting worse.
DJ - yes that seems to be the way to make sense of it. Collateral damage caused while attacking the bloated plutocrats goes under the radar because it doesn't damage the nomenklatura.
"more able to burden" Is that a translation from his Welsh mother tongue or is he just a near-illiterate tit? Anyway, he seems to be too stupid to grasp the idea of tax incidence.
decnine - that's a good way of putting it, we do have a cost of government crisis and it is getting worse.
dearieme - I'll go for him being a near-illiterate tit. It's the kind of babble which seems to come out of meetings where nobody has to know anything but how to hold more meetings.
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