It’s the rich who have a ‘magic money tree’—and it needs shaking : Socialist Worker.

Theres no magic money tree, says tax-avoiding Tory minister Amber Rudd

There’s no magic money tree, says tax-avoiding Tory minister Amber Rudd (Pic: Flickr/WorldSkillUK, Pixabay, WikimediaCommons/Victorgrigas, Socialist Worker)

Theresa May lectured a nurse suffering under Tories’ public sector pay freeze on BBC Question Time last week.

“There isn’t a magic money tree that we can shake that suddenly provides what people want,” the prime minister condescendingly claimed.

But the Tories have done exactly that when giving away money to bankers, bosses and their super wealthy friends.

By 2021, their latest giveaways alone will have allowed the rich to snatch £70 billion more.

They’ve got the money - let’s raise the taxes on the rich

One of Philip Hammond’s first acts as chancellor was to slash corporation tax to just 19 percent.

It’s the fifth time the tax on big business has been cut since the Tories took office in 2010—and shows May is firmly on the side of the bosses.

It amounts to a giveaway of £63.8 billion to big business.

A further £800 million goes with their capital gains tax changes for big business deals.

The Tories have shown they care more about dead rich people than working class people.

While the Tories “dementia tax” would force elderly people to pay more for social care, they’ve pushed through an inheritance tax cut worth £3.6 billion.

Read More : Socialist Worker.


1 Comment

  1. The magic money tree…lol.

    They can print as much money as we need through quantitive easing, so long as they watch inflation. They must think we came down in the last shower.

    Liked by 1 person

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