The welfare bill passed, but it was chaos. A party this dysfunctional and divided cannot escape the wrath of voters at the next election, says John McDonnell, former Labour shadow chancellor
Anyone in a income tax bracket is not the people the left is talking about. That is the effect of billionaires owned media distorting the conversation. And as a slave to that media
High wage earners fall for it and distort the conversation every time.
Over the last 40 years. Post 79. The wealthy have taken a much larger % of GDP growth while paying much less often 0 tax.
They do this in many ways. But most often by running all their income through multiple corporations. Then taking money out as personal debt. Look at how musk funded his corporate purchases. They use the asset value of big corps. Tho gain such low interest. It is way lower then any tax bracket.
The media then argues fixing this prevents mum and pop businesses competing. While those very businesses are disappearing into debt scams like this. Purchasing the competition. Then pulling huge dept income from it before selling off all assets.
Translation: wage slaves.
Anyone in a income tax bracket is not the people the left is talking about. That is the effect of billionaires owned media distorting the conversation. And as a slave to that media High wage earners fall for it and distort the conversation every time.
Over the last 40 years. Post 79. The wealthy have taken a much larger % of GDP growth while paying much less often 0 tax.
They do this in many ways. But most often by running all their income through multiple corporations. Then taking money out as personal debt. Look at how musk funded his corporate purchases. They use the asset value of big corps. Tho gain such low interest. It is way lower then any tax bracket.
The media then argues fixing this prevents mum and pop businesses competing. While those very businesses are disappearing into debt scams like this. Purchasing the competition. Then pulling huge dept income from it before selling off all assets.