We know the Tories hate tax and want to see a minuscule state with as little tax as possible. So their plans to increase the 40% tax threshold to £50,000 (thus taking some people on good salaries out of the top rate) and take the lower tax level to £12,500 (thus taking anyone working 30 hours or less on minimum wage out of income tax altogether) is not surprising. I'm just sick of hearing lies.
The party's claims that they are helping people on low incomes are utterly false. They are reducing benefits to 'encourage' people into work and raising income tax for those earning minimum wage to make it slightly more worthwhile having a minimum wage job. But this totally goes against their claims that they're giving people the opportunity to earn a living rather than relying on handouts. A tax cut IS a handout. Surely if people on low incomes were earning a wage that they could afford to live on and contributing to the costs of the services they use by paying income tax, THAT would be more likely to make them feel as though they were valued and making a valuable contribution?!
The Tories' solution is a quadruple win for them:
1) They feel that doing this means they don't have to tackle the problems of the rising cost of living and poverty wages
2) Which is great for the big private businesses flogging their staff whilst creaming massive profits off the top
3) They are also lowering taxes which is a permanent Tory policy
4) The fall in tax revenue allows them to show figures suggesting that further spending cuts are necessary
In fact, it's a quintuple win:
5) Keeping people on low incomes tied to government policy rather than being able to afford to exist because they're earning a decent salary keeps the plebs in line and stops them feeling like they might be say, half as important as a tax-dodging hedge fund manager.
Of course this only works if you believe them. How to make people believe them? Get the majority of the media onside.
Oh.
And where is the money for these tax cuts going to come from? They're going to tell us later.
Great.
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