Oops

[AtW]

“ Javid told the Times he wanted to cut the basic rate from 20p to 18p from April and had plans to reduce the basic rate to 15p from 2025. He resigned during Boris Johnson’s cabinet reshuffle after refusing to replace his advisers with No 10’s picks.”

Sajid Javid: my budget would have cut income tax | UK news | The Guardian

Oh wow, what about tax increases he planned to pay for it?

[jamesbrown]

Wouldn’t read much into that. It’s a political hatchet job because he’s upset about being dismissed. Still, pretty good as a hatchet job. Counter briefing is that none of his sums remotely added up, even after a bunch of controversial tax rises, like council tax, mansion tax etc., so none of it was going to happen.

Couple of nuggets though. Sounds like they’re going to reclassify education and skills as capital spending, which is a significant sleight of hand.

[AtW]

Wouldn’t read much into that. It’s a political hatchet job because he’s upset about being dismissed. Still, pretty good as a hatchet job. Counter briefing is that none of his sums remotely added up, even after a bunch of controversial tax rises, like council tax, mansion tax etc., so none of it was going to happen.

Couple of nuggets though. Sounds like they’re going to reclassify education and skills as capital spending, which is a significant sleight of hand.

Human capital, innit?

Maybe they will be nice enough to allow training expenses for one man Ltd without being fascist about it