Monday, 10 June 2019

Boris Johnson's tax giveaway is a bribe to those with the actual power to make him Prime Minister


Boris Johnson has announced he plans to introduce a huge tax cut for people earning over £50,000 per year.

Despite mainstream media assertions that this tax cut is aimed at the middle class or the "aspirational class", it's obviously a tax cut aimed at the wealthiest people in society.

You hardly have to be an expert in how marginal tax rates work to understand that the biggest benefits accrue to the highest earners.

Anyone earning below £50,000 per year, which is around 92% of UK workers, will see absolutely no tax reduction whatever.


Some middle class guy earning £55,000 per year is only going to see a 5% tax reduction on £5,000 of his income, which works out at £250 per year.

Meanwhile everyone earning over £80,000 would feel the benefit of the full £1,500.

Boris Johnson's tax giveaway would cost £9.6 billion per year in order to hand out an extra £1,500 per year to the 5% of highest earners with salaries of over £6,667 per month, with diminishing benefits down to those on £4,167 per month, and absolutely nothing for anyone earning less than that!

Some clueless "centrists" like Dan Hodges have been asking why on earth Johnson would announce a policy of enriching the 5% of highest earners at the expense of everyone else, noting that such a policy would play right into the hands of Jeremy Corbyn and surely make him Prime Minister (as if Prime Minister Corbyn would be a terrible thing in comparison to the absolute shit-show of hypocrites, charlatans, and psychopaths that constitutes the Tory leadership race).

The answer to Hodges' question is stunningly obvious.

Boris Johnson likes to play the harmless buffoon, but he actually knows exactly what he's doing here.

He knows the general public don't actually have any say whatever on who becomes the next Tory leader.

The people who actually get a say on who becomes our next Prime Minister are primarily his fellow Tory MPs, who are obviously influenced by the corporate fat cats who bankroll the entire Tory operation.

Then it'll be up to the Tory party membership, who are heavily influenced by mainstream media.


All Tory MPs would personally benefit from Johnson's tax giveaway. The bankers and corporate fat cats who bankroll the Tory party would obviously all see the full benefit of this handout too.

Salaries of £80k+ are hardly uncommon in newsrooms, and all political editors will be taking home bigger salaries than that.

And it's hard to say for sure (because the Tories are so reluctant to admit how many members they've got, let alone who they are) but a hefty proportion of them are likely to be "I'm alright Jack" bastards on incomes of above six grand a month who are still perfectly happy with Tory austerity fanaticism, even after nine ruinous years, because the dire consequences always fall on other people.


In other words Boris Johnson's tax giveaway isn't aimed at generating public popularity at all, it's aimed at winning the support of those with the actual power to make him Prime Minister.

His winning strategy is to appeal to the personal greed of high income Tories and mainstream media hacks, and screw everyone else.


It's nothing short of a £9.6 billion bribe to the wealthiest people in society, paid for by the rest of us, with the sole purpose of persuading the extremely wealthy to give him the power he craves.

 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.




OR

15 comments:

Stevie bill said...

In other places - this would constitute grounds for street rioting at the least - and possibly a full scale insurrection. Why are we Brits (more properly the English) so incapable of getting off the bended knee?

Anonymous said...

Boris johnson is a criminal and should be sent to prison

dervxerox said...
This comment has been removed by the author.
dervxerox said...
This comment has been removed by the author.
dervxerox said...

So Boris has ridden a wave of people complaining the EU costs us 19 billion a year. He's not even in yet and He's gonna cost us 9 billion.

He was probably pissed off that some of the 19 billion came back to help poor people.

(took 3 tries to get the spelling right)

Unknown said...

Why were those comments removed? Just out of interest

Anonymous said...

This type of Tory corruption should be stopped and Boris sent to prison.

Anonymous said...

What's he done that's illegal?

Anonymous said...

Probably because violent insurrections end horribly with people dead in the streets and usually someone incredibly tyrannical in charge. Basically a glance at history would show you what a stupid, nieve and misinformed idea that is.

Anonymous said...

I thought Johnson was proposing an increase in the threshold at which income is taxed at 40% from the current £50,000 to £80,000. This means, as I understand it that someone with investment income of say £80,000 will now pay tax at 40% on the top £30,000 of his income whereas under Johnson he will only pay tax at 20% on all his income thus saving 20% on £30,000 which is £6,000 of tax saved each year.
He is offering the tory wealthy £6,000 of State funds if they vote for him - not a bad bribe.

CJ

Digital Marketing said...

Excellent information, I like your blog.

Hollywood Celebrity News in UK

Breaking News in UK

Latest Business News in UK

Unknown said...

The irony of that comment literally knows no limits. And thats the Spanish word for snow.

William said...

Tax rates are bound to go up in the near future for sure. USA have show great GDP growth in last decade But it got great share of gains in the last year too. As I said Taxcroc.com was the only publisher of IRS Tax Brackets.

DR. AZIBA HERBAL CURE HOME said...

JUST READ CAREFULLY
Herbal medicine is best and fast in recovery from any illness, disease or growth.
My name is Priest/ Dr Aziba a Herbal Doctor I am here to help you get cured out of any disease or virus you might be having, no matter how long you have been suffering from that diseases there’s a cure. Herbal medicine is 100% guarantee for any kind of disease with no side effect e:g
HERPES TYPE 1 / HERPES TYPE 2
HEPATITIS A,B,C
CANCER,(COPD)
HIV-AIDS
DIABETES
PENIS ENLARGEMENT
Just write to me below
Contact Me on my Email handle : priestazibasolutioncenter@gmail.com .and also on whatsapp: +2348100368288

DR. AZIBA HERBAL CURE HOME said...

JUST READ CAREFULLY
Herbal medicine is best and fast in recovery from any illness, disease or growth.
My name is Priest/ Dr Aziba a Herbal Doctor I am here to help you get cured out of any disease or virus you might be having, no matter how long you have been suffering from that diseases there’s a cure. Herbal medicine is 100% guarantee for any kind of disease with no side effect e:g
HERPES TYPE 1 / HERPES TYPE 2
HEPATITIS A,B,C
CANCER,(COPD)
HIV-AIDS
DIABETES
PENIS ENLARGEMENT
Just write to me below
Contact Me on my Email handle : priestazibasolutioncenter@gmail.com .and also on whatsapp: +2348100368288