Re: Boris may cut stamp duty
Originally Posted by
swimfeeders
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Hi
We are still building up debt, we cannot afford to cut tax.
In principle I agree but in practice reinvigorating a market sector can increase market activity that will see a gross increase in activity and a bigger return than the reduction in tax take.
It's like flogging smoked salmon!
What SHOULD be happening is reducing the outflow of money, what is called controllable expenses in the private sector.
Do this by reducing spending on Benefit payments, abolish foreign aid aka bunce to foreigners, cut back on "nice to haves" such as tax payer funded child care, and the like.
In short, get austerity measures under way again but this time like they're meant, purge out undocumented immigrants and their families, purge out bogus asylum seekers, and deport convicted criminals wherever and however it can be done.