Thursday, 24 March 2022

We're all in the poor house now

Yesterday, the Chancellor ensured that 1,500,000 adults and 500,000 children would sink into absolute poverty in not changing most parts of his budget.

The only people who would be better off were upper/middle income families who use a lot of fuel in their cats. Everyone ese would be worse off, and the very poorest, the very worst off.

The Chancellor tried to butter the largest tax burden outside wartime imposed on the nation by reducing fuel duty by 5p per litre, therefore reducing still further the amount the treasury takes in, meaning less to spend.

Given the choice to tax big petrochecmical companies or the poorest in our society, the Chancellor chose to tax the poor.

Meanwhile, his wife and her family ar emajor stakeholders in businesses inside and with Russia. She is a billionaire, and yet the Chancellor said all companies must sever relations with Russia, but when pressed about his wife's connections, he got rather angry.

So, one more rule for them to ignore.

I suspect there will be changes very soon, either in the office of Chancellor or in his policies. Reaction in the press and media has not, rightly, been kind.

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