We had no alternative: Reeves defends her budget to the CBI. Could have reshaped society. Taxed capital gains & dividends at the same rate as wages, levy NIC. Abolished VAT on domestic fuel, two child benefit cap; raised personal allowance, reversed WFP. www.theguardian.com/politics/202... - ThreadSky

premnsikka.bsky.social • 97 days ago

We had no alternative: Reeves defends her budget to the CBI.

Could have reshaped society.

Taxed capital gains & dividends at the same rate as wages, levy NIC.

Abolished VAT on domestic fuel, two child benefit cap; raised personal allowance, reversed WFP.
https://www.theguardian.com/politics/2024/nov/25/rachel-reeves-rebuke-budget-critics-cbi

Comments

jimnm.bsky.social•97 days ago

Her inexperience shines through, tiptoeing around the Corporation fat cats. Unearned income should taxed at a far higher rate than earned income. The doers deserve more reward than the collectors.

stumblingon.bsky.social•97 days ago

She has a history of living beyond her means - and getting in trouble for it (even in her 'last job, the one where she also lied re: her position) - it shows quite plainly that only the Corrupt get to join the top table.

beastiebelle.bsky.social•97 days ago

We know as you have stated that there were, are,
alternatives, she was unable to listen and change her direction - an unhealthy and dangerous ego.

marylou2.bsky.social•96 days ago

There are very few circumstances in life when there is ‘no alternative’, the Budget is not one of them. Thats what politics is all about- looking at what needs to be done in society & making choices.

realharebrain.bsky.social•97 days ago

👏👏👏

hotchkiss13.bsky.social•97 days ago

I had no choice is bollocks. She knows it . We know she knows we know it. Only the supine press go with it.

ronatop.bsky.social•97 days ago

Could have. But chose not to. It’s all political choice to keep the most vulnerable on their knees. 😰😰😰

brumgreens.bsky.social•97 days ago

You expect wealth #redistribution from Labour?!

You're gonna need to #VoteGreen to see that I'm afraid.

babshbruce.bsky.social•97 days ago

Wonder if she’ll ever tell us how much she made from punishing pensioners? The increase in Pension Credit claims will have offset a lot of the gain. Wonder if she’ll ever tell us how many died from cold?

bruceshields.bsky.social•97 days ago

And they've started on the working age disabled. Red Tory bastards

gillmh.bsky.social•97 days ago

Very little profit to be made from capping WF payments. Try taxing the wealthy tax avoiders .

stumblingon.bsky.social•97 days ago

We know that; she knows that, but it's obvious that she wants to join the 'Few', and enjoy the ££££££££££.

gillmh.bsky.social•97 days ago

She should have crossed the floor years ago.

ozziedave.bsky.social•97 days ago

Could have taxed billionaires and large corps that don't pay their share of tax.

elainescott.bsky.social•97 days ago

Can someone please explain to me how tax changes to pension pots so that they are included in IHT is going to fill the £22B black hole any time soon as presumably people will have to die first and they won’t all do it quickly and immediately?

andyjbowes.bsky.social•97 days ago

Really disappointed with pretty much everything she's done since the election. To make removing winter fuel allowance from pensioners your first significant policy announcement was politically dumb.

ilmomento.bsky.social•97 days ago

Join SM and CU. Stop Freeports and SEZs.

martak1959.bsky.social•97 days ago

Is that the same as 'we were only following orders?' If so, it's no defence. There were many alternatives. Rachel Reeves CHOSE what was in the budget

iipu2.bsky.social•97 days ago

From the same playbook as BlackRock fanboy Starmer’s claims that only by getting into bed with BR & their ilk can growth be achieved. I agree it’ll achieve growth for BR et al but what about the vast majority of the UK populace which doesn’t belong to the millionaire class or head a ‘BIG’ business?

damonthedemon.bsky.social•97 days ago

The limited scope and imagination of a very limited chancellor. Who seems to be convinced in her derivative economics thinking, that continuing Friedman neoliberalism and relying on Private Capital and equity will save us. It will further destroy us. The exact opposite of what we need.

stumblingon.bsky.social•97 days ago

She's useless and dangerous to us, and useful to those who punch down.

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