@stephenj_colvin
Stephen Colvin
2 years
The Sunak is better at economics schtick is wearing thin on me. He is planning a corporation tax rise of 6% just as the BoE say we are entering a recession.
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Replies

@LeRef5
Le Ref
2 years
@stephenj_colvin He's as good at economics as the Bank of England and Treasury. Which, frankly, isn't saying much.
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@francessmith
Frances Smith
2 years
@stephenj_colvin Strange how it's lasted so long.
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@russelld343
R Gross
2 years
@stephenj_colvin @francessmith Not sure why anyone thinks he knows economics. There's no evidence of it from his scheming and policies. So he worked at a bank for a short time. Could he hack it?
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@bonhectare
Roger Goodacre
2 years
@stephenj_colvin @francessmith not 6%, it's actually more than 30% (or six percentage points)
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@FlorenceWoodle1
Florence 🦖
2 years
@stephenj_colvin He’s just the better communicator and some are taken in by that imo. If you’re comparing what they’ve actually DONE there’s no contest. Unsurprisingly Sky gave him a very easy ride not confronting him on his numerous u turns while making a big deal of Truss’s.
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@MikeStannard4
#justthetruthpls
2 years
@stephenj_colvin @Dringcarol Not a good idea. And promising a tax cut 7 years from now, how can he promise that?
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@OpulusX
Read a book
2 years
@stephenj_colvin @anthea_bailey Well for a start you have microeconomics which is the theory of markets and the theory of the firm, and then you can talk about macroeconomic stuff which is completely different. Then you have trade, budgeting, accounts, banking, risk, behaviour etc. IE it depends. Innit.
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@adrian_armitage
Adrian
2 years
@stephenj_colvin Every policy or budget he has produced since being Chancellor has needed changing. Concentrating just on inflation isn't the answer, you need to target, inflation, growth, and helping people through this energy crisis. @RishiSunak has tunnel vision is out of touch
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@Catheri31202092
Catherine
2 years
@stephenj_colvin @7nestingwrens He forgets he was in charge of our finances and now we are in a financial mess on the brink of recession. How can he be let loose on the purse strings again?
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@ChrisPBacin
Chris P Bacon
2 years
@stephenj_colvin @alan_lam I read once that when any government reduces corporation tax, the overall take is higher. I would have thought that faced with recession, we would want to help employers to keep staff on and still trade.
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@moor_george
George Moor
2 years
@stephenj_colvin Sunak and Bank of England are fuelling inflation. Their prime roll, and Governments & Bankers everywhere should be restricting excessive opportunistic price increases in energy, shipping containers etc, all of which is compounding inflation via VAT and other percentage taxes.
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@Captain20359212
Captain Pugwash
2 years
@stephenj_colvin @Shazza827 Then he will fly off to USA with his billionaire wife and their kids,,
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