The Guardian Reports on Tory Story Wednesday 10th January 2018
Tory Story. Plastic Bag Distraction
The Tory Green Strategy, intended to pull in the young voters, is out. It’s meant to reduce plastic waste, a matter which many young voters are worried about and which the Tories want to capitalise on to get their support and votes; You know, just like how Corporations worry about paying taxes and the Tories want to help reduce too. And of course it’s another bright idea that we ordinary people have to pay for, again.
Of course, the Tories could have increased Corporation Tax and locked down Corporate tax evasion schemes and used the extra income to support renewable energy production, or household subsidise solar panel, installation, or legislate against non-recyclable plastics, support organic farming.
Of course, the problem with these options is cost, and the Tory Government is not going to upset the people it truly cares about, its wealthy friends and supporters.
According to figures produced by the Institute of Fiscal Studies, “Corporation tax rate cuts cost at least £16.5 billion a year in the near term. Based on official policy costings, cutting the main rate from 28% to 20%, the small profits rate from 21% to 20%, and the (newly) combined rate from 20% to 17%, costs £16.5 billion each year in 2017–18 terms.” (Source: What’s been happening to corporation tax?)
IFS Article: What’s been happening to corporation tax.
In November, The Guardian article “British government accused of being soft on tax avoidance.” exposed the reluctance of the government to commit to helping the majority of working people in Britain who helped these corporations get rich in the first place.
If the Tory Government really was concerned about the environment, they wouldn’t use cheap ploys they hope will have a mass appeal and be enough of a distraction from their real intention, to stay in power, keep up the ‘Austerity’ scam so the rich can keep siphoning off for themselves the wealth created by ordinary working people