Today was a day of unsurprising facts. The sky was blue. The grass was green. And the Budget was blood-red, as Labour Chancellor Rachel Reeves increased taxes by £40 billion.
Of course, Reeves will claim she has not increased taxes on working people. Indeed, income tax, VAT and Employees’ National Insurance have all stayed the same. But even though Labour haven’t pushed people under, their tidal wave of tax rises and fiscal fiddling has raised financial sea levels to drown British people anyway. Labour are raiding working people’s pockets by stealth.
Yes, Employees’ NI has not risen – but Employers’ NI has skyrocketed. The hike in Employer NI from 13.8% to 15%, in addition to reducing the starting threshold from £9,100 to £5,000, is nothing less than a double burden on Britain’s businesses.
What Labour have never been able to comprehend is that increasing costs for businesses harms working people. Because Rachel Reeves’ £25 billion Employers’ NI tax hike will increase the cost of hiring workers – undoubtedly resulting in unemployment and a stagnation in job creation. In fact, Reeves’ beloved OBR say labour supply will be reduced by 50,000 hours. Factor in increasing the National Minimum Wage to £10 per hour for 18-20-year-olds, and college and university graduates stand no chance of climbing onto the career ladder. For just £2.21 extra per hour at a minimum, businesses could employ someone vastly more experienced who requires no training.
So, if you’re a student Corbynite licking your lips at the thought of cashing in on £10 an hour, you’re out of luck. The real world doesn’t work like that. Businesses will only pay a premium for workers if they have the skills to match. Don’t be surprised if businesses emigrate to foreign countries not stupid enough to elect a Chancellor who hangs a portrait of a Communist figurehead in her office.
Talking of working people, what about those who won us the Second World War? After picking the pockets of pensioners’ Winter Fuel Payments, surely Reeves couldn’t freeze pensioners deeper into the cold?
Wrong. Increasing the bus fare cap from £2 to £3 is a detrimental cost to 567 million concessionary bus journeys, made by 8.7 million older and disabled people. Taking more and more money, at the same time as increasing costs, is yet again a Labour double daylight robbery. When Reeves said in her Budget statement “It is right that we protect those who have worked all their lives”, she must have forgotten that she decided to strip over 10 million pensioners of lifesaving Winter Fuel Payments.
Again, when it comes to schools, Labour are trying to square a truly vicious circle. Slapping private school fees with VAT and removing independent schools’ business rates relief sounds so ethical. Goody, let’s weed out these snotty, pointy-nosed private schools and give more money to our dwindling state schools. But have they even thought about the backlash?
By January, state schools will be drowning in over 80,000 extra pupils because Reeves was cruel enough to slap VAT on private schools in the middle of the school year, forcing thousands of children away from their friends. Furthermore, 1 in 5 private school students are there because they have special educational needs that state schools simply don’t have the resources to tackle.
Rachel Reeves is using British children as pawns to fund her magical £22 billion black hole – and I don’t think that’s fair, do you?
Finally, this might be controversial – but hear me out. Reeves’ pledge of £3 billion in aid to Ukraine each year “for as long as it takes” sounds noble. Of course, we want to help our Ukrainian friends whose freedoms are being brutally threatened. But how can we find £3 billion for foreign aid, when we can’t give pensioners £300 to stay warm and survive the winter?
All of this is about the Labour state’s shackles pinning down British people and businesses, stunting economic growth and job creation. The OBR confirmed that the tax burden will rise to 38.2% of GDP in 2028/29 – exceeding the record high of 37.21% set in 1945 when Clement Attlee created the NHS. If Labour’s Budget costs more than the NHS, Great Britain will fold like a cheap, damp tent under the weight of Labour’s bloated bureaucratic state.
Read this carefully.
Do not for one split second forget the set on which this disastrous Budget scene has unfolded in less than 16 weeks of Labour.
Magically discovering a mystically elusive £22 billion black hole was nothing more than a political diversion. Whilst you were too busy searching for the billion-pound abyss, Labour dug an even deeper hole – giving junior doctors a 22% pay rise worth £9 billion. The irresponsible strikes by the same junior doctors, might I add, cancelled over 1.4 million appointments between December 2022 and March 2024. They have blood on their hands – and pockets stuffed full of cash.
Over 10,000 criminals have been set free early. Burglars and drug dealers were sprayed with champagne in celebration, as if they’d won the Silverstone Grand Prix. ‘Big up Keir Starmer’, these violent criminals chanted.
Keir Starmer has been living a lavish life of luxury as Prime Minister, splashing £107,345 worth of gifts on Arsenal matches and his wife’s wardrobe. This sickening hypocrisy is a despicable reflection of this Labour government.
All of this means, even with Keir Starmer’s £2,435 gifted glasses, you wouldn’t be able to spot any positive changes made by this Labour government. Spending a tenner on Temu specs, however, will be more than enough to blind you with scandal after scandal, tax after tax, and broken promise after broken promise since this Labour government came into power.
So, Reeves’ thieves are picking the pockets of working people from behind their backs. By stunting job creation, pinching payments and rewarding outlandish behaviour, Labour have at least kept one promise. They have indeed changed – but for the worse. This is a dark day for Great Britain.
Image: HM Treasury/Flickr
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