Comments by "Greg Greg" (@SlowhandGreg) on "PensionCraft" channel.

  1. So what do you think is causing the inflation ? Partly its supply side essential inelastic commodities energy and food the other reason is the 750 billion the government put into the economy during Covid which has trickled up and doubled millionaire and billionaire wealth. They can spend with impunity they don't care what inflation is or prices, the top 100 CEO's awarded themselves a 22.5% pay rise last year and look at Sunak he paid a mere 20% CGT on his vast earnings in 2022 nothing on Capital. To put that into context your penny pounding people at the middle bottom to make up the shortfall in taxation and reducing their wealth to decrease the UK debt level so the top 5% can grow their money pie with impunity. How many people do you have to make poor enough to decrease the electricity usage (supply/demand which is driving up energy costs) which will compensate for Sunak increasing his by spending 9k per annum on heating a swimming pool? At some stage the Conservatives will have to come after pensions and sell the NHS because the money just isn't there at the bottom its all but bled out the middle class are next.
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  2. The tax system was exactly progressive when the Cons took over 13 years of regressive trickle down supply side economic policy + 2 explosions in public debt has created the current storm with Sunak doubling down on Trickle down and trying to pound the pennies to pay for it from the lower / middle class. A/ it won't work and B/ It's obscene Sunak paid 20% CGT on his vast income last year a more plain as day example of a broken system with millionaire pensioner tax breaks you'd be hard to find unless you looked at the US
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