Better late than never, but why didn't Rishi Sunak do this from the start? I mean, he is good. A potential Prime Minister, in fact. I like him a lot. But why didn't he do this from the start?
People have been advocating from the start what has been announced today. It was not "too complicated" for them. Nor has complexity been any bar to anything so far. Many a Gordian Knot has been sliced straight through.
People who have been underreporting their incomes are now going to get their comeuppance. But no one will get anything until June, and you have to have a tax return for 2018-19 even if you have only just started trading. This Government has invested too much political capital in Universal Credit to abandon it and start again.
But things move so far and so quickly these days that you never know. Look what we have already achieved, not least by having the unions in government. The Universal Basic Income is now well within our grasp. Once this was over, then it would remain, as the floor below the Jobs Guarantee of the Modern Monetary Theory that has become the common sense of this new age.
And is this the end of the lower National Insurance contributions for the self-employed? That might be enough to force a political reconsideration of National Insurance itself. It is a tax, not an insurance scheme or a pension scheme. And it is a tax on work; on having job or on employing someone, including yourself.
People have been advocating from the start what has been announced today. It was not "too complicated" for them. Nor has complexity been any bar to anything so far. Many a Gordian Knot has been sliced straight through.
People who have been underreporting their incomes are now going to get their comeuppance. But no one will get anything until June, and you have to have a tax return for 2018-19 even if you have only just started trading. This Government has invested too much political capital in Universal Credit to abandon it and start again.
But things move so far and so quickly these days that you never know. Look what we have already achieved, not least by having the unions in government. The Universal Basic Income is now well within our grasp. Once this was over, then it would remain, as the floor below the Jobs Guarantee of the Modern Monetary Theory that has become the common sense of this new age.
And is this the end of the lower National Insurance contributions for the self-employed? That might be enough to force a political reconsideration of National Insurance itself. It is a tax, not an insurance scheme or a pension scheme. And it is a tax on work; on having job or on employing someone, including yourself.
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