Friday, 31 August 2018

No wonder the political right want to destroy Jeremy Corbyn

Jeremy Corbyn's policy of preventing tax haven-based companies from profiteering from public funds isn't radically left-wing, it's not even particularly left-wing at all, it's actually just common sense.

A radically left-wing policy would be to ban all corporations from undertaking government-funded work (or even to turn all corporations into worker-controlled syndicates) but Corbyn is proposing nothing of the sort. All he's saying is that if companies intend to make profits from public funds via outsourcing contracts, they should at least demonstrate that they're paying their fair share in tax.

It's actually a demonstration of how fanatically right-wing the cult-like Thatcherite political consensus really is that any of them ever thought it OK for corporations to dodge paying tax on their publicly funded profits in the first place, and that absolutely nothing has been done to clamp down on these ridiculous practices while orthodox neoliberals have controlled the levers of political power.

Of course the political right are furious with these proposals, because corporate parasitism on the state is a significant business model for the mega-rich.

Tax-dodging corporate parasitism is basically risk-free, because profiteering from desperately one-sided public sector outsourcing contracts and avoiding paying tax on the profits carries way less risk than investment in anything innovative or economically productive. And if the contract somehow fails, the state ends up stepping in anyway to clear up the mess at the public expense.

Dodge paying tax on the publicly funded profits, and then use public funds to pay for the losses!

It's an incredibly brazen business model, but it's been going on for decades (remember when the Blair government actually privatised the HMRC property portfolio into the hands of a private company based in Bermuda for tax reasons?), and Jeremy Corbyn is threatening to put a stop to this ridiculous nonsense.

It's common sense proposals like this clamp-down on tax-dodger profiteering on public funds that the political right are terrified of, because they know that the vast majority of British people would agree with them wholeheartedly if they heard about them. 

So instead of openly declaring their support for tax-haven based profiteering from public funds, the political right resort to a relentless cascade of smears, deceptions, and outright lies.

They know they can't counter Corbyn on policy because the more people find out about Corbyn's actual policies, the more people end up agreeing with him and supporting him, so their only hope is to continue with the smear campaign in the vain hope of debasing the standard of political debate to such an extent that people remain largely unaware of Corbyn's actual policies.

 Another Angry Voice  is a "Pay As You Feel" website. You can have access to all of my work for free, or you can choose to make a small donation to help me keep writing. The choice is entirely yours.


No comments: