Wednesday, 20 October 2010

Challenege to Labour Supporters

Apparently the problem with the Government plans for deficit reduction is that they're 80:20 cuts:taxes. Labour wants more like 40:60. Let's make the following two easily defended assumptions:

1) The Treasury will not reject your voluntary contributions
2) The Government will gladly increase spending if it can do so without higher taxes or borrowing.

So, Labour supporters. You think people should pay more to the State so the State can spend more. I challenge you all to start donating your money to the State. Go on, write a cheque. If the majority of the country supports you then we'll see deficit reduction without the spending cuts. Go on, what are you waiting for?

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