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‘We are raising more money for the rich’ revisited: some thoughts

November 15, 2014

Politics and Insights

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The exposure of Cameron’s lie that the welfare “reforms” are about “making work pay” and his Freudian-style slip – “We are raising more money for the rich” – during Parliamentary debate on 12th December 2012 deserve a little scrutiny and analysis. This was a memorable Commons debate, with Ed Miliband delivering some outstanding challenges to David Cameron, some of which provoked the Freudian-style slip, and exposed the traditional Tory values and ideology underpinning their policies.

So Cameron is raising more money for the rich. Get outta town! Well, it’s not as if most of us haven’t spotted the growing gap between the wealthiest and the poorest, and made a fundamental connection there.

Tax avoidance and evasion costs this Country £69 billion a year, at a conservative estimate. Also, note that the highest earners each stand to gain a further £107, 000 EXTRA per year, courtesy of the Tory-led Coalition. That’s most…

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