The #Gop has long painted #Democrats as #taxandspend . Let's face it, not all spending is equal, and #Republicans always wrack up both the defecit and debt every time they are in office. So let's call it what it is. Dems are tax and invest, Republicans are borrow and spend.
Patrick Blower @blowercartoons @telegraph on #rachelreeves #TaxAndSpend - political cartoon gallery in London original-political-cartoon.com
@therightarticle β€˜Tax and spend’ is a classic case of accusing others what the ultra rich do, to get their benefits. From Regan and Thatcher, and now to Trump’s β€˜Big beautiful bill’ it has always been the lie that keeps on giving to the growth in inequality and injustice. Low and middle incomes are paying the ultimate price, not just in taxes and inflation, but by job insecurity, censorship, terror laws, arms races, endless terror, genocide and war on the back of weaponising race, immigration and discrimination. Letting oligarchs investment in the extremist ideology of fascist cults and their programme of ecocide pay off for them, will if not defeated, have truly terrifying consequences! #LiarsTruth #TheBigLie #EmpiresTaxAndSpend #OligarchsLies #UltrasTaxAndSpend #TheBigUglyLiars #OligarchsTotalitarians #TaxAndSpend
Ohio Congressman Greg Landsman on the entrenched inequality of our tax system and legislation; and how Republicans are trying to make those inequities permanent. #taxandspend #onebigbeautifulbill #taxcuts #taxbill #OH1 #Ohio
Andy Bunday on #RachelReeves #Growth #TaxAndSpend #USElections – political cartoon gallery in London original-political-cartoon.com

People seemingly believe whatever they want to believe and cling to their beliefs even if it means they are going down with it!
It's not strength to knowingly act against your best interest, it's stupidity!
Stop πŸ›‘ the myth that Republicans have an edge over Democrats on economic policies and Democrats are all about #TaxAndSpend. In reality, it's just the other way around ...
"Inflation is back down, growth remains strong at 3%, unemployment is low at 4.1% with the U.S. having created almost 7 million more jobs than it had before the pandemic. The stock market is hitting all-time highs. ... many Americans are getting sizable pay raises, and middle-class wealth has surged to record levels.” The Federal Reserve has begun to cut interest rates, and foreign leaders are talking about the U.S. economy with envy... " #HeatherCoxRichardson

https://open.substack.com/pub/heathercoxrichardson/p/october-11-2024?r=2hbrmw&utm_campaign=post&utm_medium=email

October 11, 2024

A report from the Labor Department yesterday showed that inflation has dropped again, falling back to 2.4%, the same rate as it was just before the coronavirus pandemic.

Letters from an American

#Meanwhile...

Who #GivesAFuck about #TheMillionaires of #TheFormerUnitedKingdom... | #AndOtherRhetoricalQuestions

The #Fallacy of #TrickleDown was always a #Fallacy; #TaxAndSpend #OnlyWorks when you #TaxTheRich... #Properly

πŸ§™πŸŒΉπŸ€–β€‹πŸ€–πŸŒΉπŸ§™ | πŸ¦Ήβ€‹β€‹πŸ¦„β€‹β€‹β€‹πŸ¦Ή

https://bmmagazine.co.uk/in-business/britain-faces-largest-exodus-of-millionaires-globally-amid-tax-crackdown/

Britain faces largest exodus of millionaires globally amid tax crackdown

Britain is set to see the world’s largest exodus of millionaires, driven by high taxes, changes to non-dom rules, and a "hostile culture for wealth creators," according to a new report.

Business Matters

As I read about this Lib Dem proposal and Labour's refusal to deny possible increases in capital gains tax, I find myself hoping that the UK is getting ready to move in a progressive direction on taxation.

Although tax-and-spend should never be considered the whole of social democratic politics, it nonetheless remains matters. Just discussing is important, as it helps weaken the Thatcherite taboo on the redistribution of wealth.

Starmer and Reeves are not prepared to go as far as I would like in a redistributive direction, but their ministry will offer both an improvement on that of the Tories and an opportunity to restart a long term push for better taxation policies and an updated and more generous welfare state.

It won't be easy, because of opposition from within Labour by the likes of Mandelson, but progress is possible.

The Guardian view on the Lib Dems: the welcome return of tax-and-spend politics | Editorial | The Guardian

https://www.theguardian.com/commentisfree/article/2024/jun/10/the-guardian-view-on-the-lib-dems-the-welcome-return-of-tax-and-spend-politics

#UKPolitics #UKTaxation #TaxAndSpend #Redistribution

The Guardian view on the Lib Dems: the welcome return of tax-and-spend politics

Editorial: Sir Ed Davey says he is offering a programme for real change. Voters should seriously consider it when casting their ballots

The Guardian