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Thread: O/T Well That Was Crystal Clear !!

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  1. #26
    Join Date
    Mar 2012
    Posts
    19,183
    Quote Originally Posted by EastStandRed View Post
    Do you think the tax payer should keep paying the full 80% SB . I worry where the money will come from to pay for it all. Big Tax rises I’m presuming
    As Rishi said at the start of all this, "Whatever it Takes". I follow the Rishi. His word is his bond.

    The Government borrows the money from the international money market.
    The Government accumulates a debt too large for the present tax income and Govt spending to service
    The Government raises taxes and decreases public expenditure for a decade or more (austerity)
    The Ordinary Joe bears the greatest proportion of the pain paying back the bill to the money market

    Well over a million, particularly in tourism and hospitality, will lose their jobs because their companies will not be able to pay their share when the new system kicks in. The Govt (ie the public) will still pay the bill only this time as Universal Credit having wrecked the tourism industry.

    Alok's hair looked tidy. Dun't Minister's hair grow ? Its been seven weeks since hairdressers shut.
    Last edited by SBRed48; 12-05-2020 at 05:31 PM.

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