https://www.telegraph.co.uk/politics...help-squeezed/
Quote:
Boris Johnson is prepared to turn on the spending taps by borrowing money to help the squeezed middle classes if he is confirmed as the new Tory leader on Tuesday.
The former foreign secretary is in favour of a policy of “fiscal loosening” that would reverse the tight controls on public spending imposed by Philip Hammond.
He is determined to honour promises to give tax breaks to everyone who earns less than £80,000, and is ready to pause the current policy of bringing down the deficit.
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This would hilarious if it wasn't true. His priority is cutting tax for those earning less then a paltry £80k (guess what? MPs earn £76k). So he's prepared to borrow, increase the deficit it to give the money away to those that don't need it.... How about the NHS if he's going to borrow ? This is a Tory is it ?
Also astounding is the definition of 'middle class' from the Torygraph - anyone less than £80k. Someone needs to tell them the average salary is £27k.... Some of the country are living in a different world.
Tax cuts don't increase tax take either, another urban myth spread by interested parties....
https://www.theguardian.com/commenti...p-laffer-curve
This country is going to become more divided than ever before.