The UK is crying out for capitalism.
So many hard working, talented people here. So much entrepreneurial spirit, creativity and big ideas.
But the government has their foot hard on the brakes.
There’s a cycle for prosperity. Let people run lose, experiment, refine and win big. Then when it’s all going great, tax some of those winnings and invest in the next platform for growth.
A bakery needs the chef to make a pie before you can slice it up and share it around. An economy needs higher growth before you can have higher taxes.
Taxes are the brakes on the economy. When taxes are too high you stifle innovation, entrepreneurship and drive.
Look at the frontier cities and industries. They start out as the wild-wild-west at first - no rules, low taxes anything goes. Think Hollywood early 1900s. Think about the internet in the early 2000s. Think about automotive in the 60s and 70s. Fast growing, profitable, fortunes to be made and lost.
Then come the regs and taxes and it all smooths out or goes away.
The UK hasn’t grown for 15 years. It’s crying out to get up and go. It just needs the governments foot to come off the brakes.
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