These are the cohorts of our society least affected by globalism, most adapted to take advantage of AI changes, and who have suffered least from 'austerity' - which has meant closing libraries and school kitchens, not making managers redundant. They are not users of food banks, not customers of payday loan sharks, not precariously balancing food, heat or clothing against each other. These are the young, privileged new elite of Britain; the Netflix and Uber generation, with car leases and new apartments in Peckham who take one main and two weekend breaks abroad each year, visit restaurants and have surplus cash for entertainment.
So Boris is proposing to give away £10bn in tax benefits to them by raising the tax threshold from £50k to £80k. And it's quite clear who he's promising to bribe - as the Telegraph reports
Those who found themselves paying the higher rate included teachers, senior police officers and some nurses. The Conservatives subsequently increased the threshold from £41,900 to £50,000 in response to the concerns of Tory MPs. Mr Johnson's plans, however, go significantly further.Personally I no longer have a stake in this - my post-retirement income is under the higher tax threshold. But I do care deeply for our nation, and for the welfare of all our people. The shittiest part of this public sector bribe is that the lowest-paid will fund it; the £10bn "cost of the move will be funded partly by increasing employee national insurance payments .." reports the Telegraph. Boris. you dickhead, take a look at this ONS chart -
This is not 'One Nation' Conservatism. This is naked, calculated subversion of public funds to bribe those who have electorally deserted the Conservative Party. I could not, this morning, cast my vote for Boris Johnson. For now, my vote is with Raab.
I've just split the effect by region (GOR) from the ONS tables. Below.
There was a news comment earlier that puts the gross cost at £20bn - net cost £9.6bn. Boris claims this money would go back into the economy; hmm. I suspect at this level a lot of it will go into savings, pensions and investments rather than into the tills of High Street shops, so perhaps a limited benefit for the country as a whole. And bugger all good if you're in the North East though your NHS GP (~ £100k) may look happier.