Quote:
Originally Posted by Chris
Already 57 Tory MPs have signed a letter promising to vote down Osborne's Brexit-revenge budget, if he were stupid enough to present it to Parliament. Apparently he's been on the Today programme this morning claiming he could rely on Labour votes to get it through. I'm not sure why he thinks Corbyn would choose to prop up a Tory government when he had a gold-plated opportunity to bring it down.
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He'll be finished in the event of Brexit and he knows it. This is a gesture to get the conversation back onto the economy and he is hoping to get the question asked of Leave: "Well, that would you do?" As long as people are talking about how the migrate the effects of Leaving then that keeps the topic on the idea there will be effects.
Leave today have added the scrapping of 5% VAT on fuel bills onto of the money to the NHS as well as protecting all the money back from the EU. If Osborne is getting ridiculous it's being matched from Leave. Anytime people express concern about a specific area of public life Leave cuts another check for that sector. Farmers? more money! Science? more money! Health? more money! Universities? more money! Taxes? Less taxes! Today they're even claiming a boost to the stock market the day after £20 billion was wiped off.
That said I don't think Osborne's tactic will work at this point. It's just a desperate last throw of the dice.
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Quote:
Originally Posted by pip08456
So a saving of £8.5 billion would require a tax increase?
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It's based on the idea the economy will slow or enter recession.