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Thursday, 21 October 2010

Johann Hari: A colder, crueller country - for no gain - Johann Hari

These attitudes have real consequences. We're not in this together. Who isn't in it with us? Them, their friends, and their families. They were asked to pay nothing more in this CSR. On the contrary: they are being let off left, right and centre. To pluck a random example, one of the richest corporations in Britain, Vodafone, had an outstanding tax bill of £6bn - but Osborne simply cancelled it this year. If he had made them pay, he could have prevented nearly all the cuts to all the welfare recipients in Britain. You try refusing to pay your taxes next time, and see if George Osborne shows the same generosity to you as he does to the super-rich.

There is one stark symbol of how unjust the response to this economic disaster caused by bankers is. They have just paid themselves £7bn in bonuses - much of it our money - to reward themselves for failure. That's the same sum Osborne took from the benefits of the British poor yesterday, who did nothing to cause this crash. And he has the chutzpah to brag about "fairness."

If true that really is shocking.
While some will argue that Vodaphone, for example, will contribute jobs (and we need plenty of those given Ozzy's Axe), they must pay their bill. That £6million could have saved massive welfare payments. I think it's important to get people into work so I would cut national insurance and get the money from income tax.
As for bankers bonuses, it's beyond obscene.

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