Bill Kruse commented on Yet again, our tax and benefit system fails to make sense 2015-07-27 16:50:20 +0100
Do we have information on how many businesses and landowners received more in grants and subsidies than they paid in tax?
Bill Kruse commented on The real national debt hits £8.6 trillion 2015-06-21 09:35:44 +0100
Perhaps this is because you have no idea what the debt actually is. I quote from your page on the subject “Essentially: Government deficit spending is the difference between what a government brings in and what it spends. The debt is the deficit over the years added together.” A moments thought reveals this simply not to be the case. Elsewhere on the site you have your CE Jonathan Isaby solemnly declaring the deficit, the current one, has recently been reduced. If the deficit total is being reduced then. if your hypothesis is correct, how can it be that the debt total is steadily going up? Clearly, it can’t.
Bill Kruse commented on The Spending Plan policy 41: abolish the Christmas bonus 2015-06-12 11:56:36 +0100
How is it a saving? The government gets it back in taxes anyway, so where’s the saving? Stopping it only shrinks the economy. I thought the aim is to expand it? All of Duncan-Smith’s ‘cuts’ made in the name of ‘savings’ are only serving to further damage the economy by shrinking it. Money which the economy needs but is denied should not be characterised as any kind of ‘saving’. The country is not a household, and its finances bear no relation to domestic ones.