Unemployment rising. What on earth could have caused that? Who could have possibly predicted it?! Oh. All of us.
This is not a mystery. Itโs the inevitable result of a government that keeps taxing work and punishing the people who actually create jobs and generate wealth.
OBVIOUSLY.
Treating business as a lemon to squeeze, not a tree to grow.
Employersโ National Insurance - an actual tax on employing people - has risen again and again. You tax employment, unemployment goes up. This is so painfully obvious. How can these useless gnomes not see it?!
Then thereโs corporation tax - hiked as well. Business rates that crush high streets. VAT thresholds that trap small firms and discourage growth. Brutal dividend thresholds that mean earning more is often simply not worth it.
Every single one of these is a tax on productivity, a tax on success.
And when you tax something, you get less of it.
Ask any small business owner. Theyโll all say the same.
The system DOES NOT work. Iโve built businesses, run businesses. One of the few MPs to do soโฆ If more of us were in Westminster, we may actually get somewhere.
We now have a country where itโs easier and cheaper not to work than to employ or be employed. Easier to sit on your arse doing sod all than actually contributing. If youโre fit to work, you must work. Itโs that simple.
You canโt build a vibrant economy on higher taxes, higher regulation, and higher energy costs.
You just canโt. Certainly not with Reeves in charge. She may be a pleasant woman, I donโt know, but she is utterly incompetent. Weak, inept, failing. She must go.
The Treasuryโs addiction to taxation is killing the very people it relies on to fund the state.
What can we do to fix it?
- Cut Corporation Tax to the lowest in Europe - send a clear signal that Britain is open for business.
- Undercut our neighbours. Go for their business. Compete against the Europeans. Win.
- Abolish Business Rates entirely for small companies.
- Double the VAT threshold, so small firms arenโt punished for growing.
- Ditch IR35. Immediately.
- Slash NI. Stop taxing jobs.
- Overhaul dividend tax rates. REWARD success!
- Ditch all inheritance tax on businesses/farms, so parents can pass successful firms down to their children.
- Burn red tape - a full review of every employment, HR and health-and-safety regulation that throttles small employers. Look at every single one. If thereโs no good reason for it, scrap it.
- Get HMRC to PICK UP THE PHONE.
- Crucially - end the HRification of Britain.
Reward work and remember that real growth comes when government gets out of the way.
This is all possible. Very possible. It can be done and it must be done.
It just takes balls.