Owl says now I’ve heard everything! This could be straight out of Socialist Worker (Middle Class Branch)!
“… It was less than two years ago that the Conservatives went to the polls on a promise, spelled out four times in their manifesto: ‘We will not raise VAT, National Insurance contributions or Income Tax.’
In that now discredited, apparently worthless document, there was no suggestion the pledge referred only to Class 1 NICs (how many voters even knew there were four classes?)
Yet this was the devious excuse offered after the Chancellor increased the rate for Class 4, costing 2.4million self-employed workers some £240 a year each – almost eight times the 60p-a-week ‘average’ he so disingenuously cited.
Not content with this betrayal of his party’s core supporters, he slashed the tax-free allowance on dividends from £5,000 to £2,000. Thus, he hammered family-owned businesses, freelance workers and every saver with stock market investments of more than £50,000.
Meanwhile, tax rises and changes to compensation payments are likely to add £75 a year to car insurance premiums.
But still Mr Hammond hadn’t finished. Having joked he would not exhume Labour’s death tax, he is now pushing through… a huge increase in death tax! …
… And now it emerges the Chancellor has another £700million trick up his sleeve. Complex changes in already baffling tax rules mean some shops and newsagents will see their VAT more than quadruple, while self-employed service-providers will also be hard hit.
So bang goes another pledge that helped sweep the Tories to power in 2015. Indeed, all parties seem to see manifestos merely as vote-winning exercises, to be forgotten once an election is won.
David Cameron is right about one thing. It is indeed ‘stupidity’ to break manifesto pledges. But then look who’s talking! He was the PM who shredded almost every core promise he made in 2010, from cutting migration to below 100,000 to scrapping the Human Rights Act.
Meanwhile, his shameless sidekick George Osborne is becoming a veritable Tony Blair, stuffing his boots with banknotes on the strength of contacts and experience gained in public office.
He even tried to bury news of his one-day-a-week, £650,000 job for a US investment company by sneaking it out on Budget day. No wonder politicians are held in growing contempt. …”