The Idiocy And Perfidy Of Rachel Reeves
If Rachel Reeves isn’t the worst Chancellor of the Exchequer this country has ever had, name another?
Her lies and exaggerations on her CV and elsewhere have been thoroughly documented, but her pronouncements on the economy are something else.
There are the changes to inheritance tax which will adversely affect Britain’s farmers, an act of treachery that was discussed here in February. According to Reeves, the money raised will help pay for the NHS. A far more effective way would be to halt the small boats full of single men that have been and still are crossing the English Channel. These men are a massive burden on the taxpayer, but nothing is being done to expel or even to stop or them, indeed, they are being encouraged.
The real reason for this tax raid on dead farmers, as pointed out in the aforementioned linked article, is because the Government wants their land.
Reeves has also slapped VAT on private schools, claiming the money raised will be used to fund state schools. (For the benefit of American readers, in Britain, the term “public schools” actually alludes to fee-paying private schools, the most famous of which are Eton and Harrow). In view of recent revelations about pupils with special needs - deaf pupils, for example - it remains to be seen if this new tax will raise any money at all.
In February, one such case was discussed here. A woman who sent her daughter to a private school was unable to afford the hike in its fees, and was also unable to find a place for her in a local school, so her council was obliged to pay the girl’s taxi fares to one twenty miles away.
The real reason for applying VAT to education is to cause most of these fee-paying schools to close so that kids will be forced to go to state schools where they will be brainwashed by critical race theory, gender ideology and other left wing poison. The sister of Rachel Reeves is also a Labour MP; recently she said she would like to see all private schools closed, and laughed at the thought of it.
One more example of the imbecility of Rachel Reeves will suffice. National Insurance has now been increased, but don’t worry, she says, it is only the employer who will have to pay this. On the other hand, ordinary workers will be receiving a pay rise because the living wage is being increased.
The minimum wage, the living wage, or whatever it goes by now, is a flawed concept. Here is a very short video that refutes it, but there is an extensive literature on the minimum wage, none of it favourable. The bottom line is that unless it is above the market rate for the job, the minimum wage is pointless, so it has to be above the market rate. This means that entry level jobs and jobs that were once done by housewives for pin money, elderly people to supplement, their pensions, etc, have all gone.
Private sector employers who are unwilling or unable to afford to pay this new minimum will not take on new staff and will perhaps make some existing staff redundant. Coupled with the increase in National Insurance, and inflation, this means the low paid will be even worse off.
It is difficult to believe anyone appointed Chancellor of the Exchequer could be so economically illiterate, unless of course the person who appointed her wanted to destroy the country. Nuff said.