BBC News: Reports " Self-employed workers can apply for a grant worth 80% of their average monthly profits to help them cope with the financial impact of coronavirus, the chancellor has announced. "
Lets Get Real:
The question that has to be asked, after COVID - 19 is OVER, who is going to pay back the costs of paying 80% of the wages of those employed and 80% of the profits of those in self employment. In essence who is going to pay the piper, one assumes the Government will borrow the money to save the UK economy, the interests rates are ZERO, what happens when interest rates goes up and the Government will have to pay for these loans that means taxes! The question is who will pay, of course the middle class, the big companies always have great tax accountants, they will be able to write off the debt. At some point someone has to say, HOLD ON, the UK government in essence will own the UK economy, Lady Thatcher will be turning in her grave! The Conservative Party has to remember it's the CONSERVATIVE PARTY not the socialist Labour Party.
No comments:
Post a Comment