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Comments by "boz" (@BOZ_11) on "What could Jeremy Hunt's Budget look like? | Tom Swarbrick and Natasha Clark" video.
I've yet to see a fiscal or monetary policy suggestion from Gary
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@coolhotrockers Yes that is true, now we need specifics. Do we swap the tax rates over? Say 20% tax for cap gains, and 10% for salaried work? Higher property taxes for homes that are 4x the regional average? Lots of ways to skin a cat, and Gary's given none.
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The fiscal “deficit” is actually private sector income (double entry accounting). The money for fiscal spending was not borrowed and is thus not owed. The two magic money trees (BoE and HM Treasury) work fine when financing the bombing the middle east, but not for nationalisation, infrastructure, NHS, or education. Must be a trick to this, guys?
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