There is No Laffer Curve

History does tend to repeat itself. This is something that the Labour Party cannot grasp. I recall Dennis Healy promising to squeeze the rich till the pips squeaked. What happened of course is that those who could, simply removed themselves from his greedy grasp. Now, five decades on, Starmer and Reeves have forgotten this important lesson.

Britain’s richest plumber has put his £12million London penthouse on the market as he prepares to flee Britain ahead of a mooted Labour tax raid.

Charlie Mullins, who founded Pimlico Plumbers, has said he wants to have ‘no assets in the UK whatsoever’ and intends on not paying tax next year as he leaves the country.

Far be it fort me to suggest that I will miss the Pound shop Rod Stewart (I won’t) but this is just one example of what happens when the state gets too greedy. As of the following tax year, Starmer and Reeves will get nothing from this guy. They can raise as much tax as they like, but zero is still zero. Of course, they will lower their sights and hit the ordinary worker and pensioner as they always do, but the point stands, the Laffer curve is alive and well. I will do what I can to avoid as much tax falling into their hands as I possibly can. It is my solemn duty.

Starmer said that he is prepared to be unpopular. He appears to be confusing ‘unpopular’ with utterly despised and hated. He is the worst kind of Marxist scum. The kind that thinks repeating Healey’s little trick will work this time around. He’s also a bit thick.

22 Comments

  1. Lefty morons always think that it will be the rich that will suffer from the Labour government’s tax hikes. It never occurs to them that, once the government has stolen those people’s money and spent it they will start to work their way down to the ordinary plebs like them.

  2. I look forward to it. Bring on the economic collapse.
    Maybe when the state goes bankrupt and has to stop pissing money up the wall , it will have to stop giving all the illegals and rapefugees free money and they’ll fuck off back to whichever islamic shithole they crawled out of

    • I have to confess that a part of me welcomes all this.

      People, it would appear, have to have belief in the hard left bludgeoned out of them by periodic exposure to the reality.

      In that respect, der sturmer is doing a sterling job.

      Reform are gaining strength daily.

      They have the possible seeds of a genuinely pro British party in them, but whether this will manifest itself remains to be seen.

      The dark horse – let me stick my neck out here – the greens?

      They would appear to be the natural home for – despite their outward “local” mantra – the Britain/west hating, control freak wannabe inner party types.

      Reform might have got 4 million votes in the election, but they got 2.

      Next may, keep a close eye on what their vote does and where it appears. Doubly so as, being spotters of the approved newspeak, they are immune from criticism from the globo-filth.

    • Doubt it. You’re dealing with an ideology that sincerely believes the kufhr owes them a living by means of Jizya. They’ll steal anything and everything they can.

  3. “History does tend to repeat itself. This is something that the Labour Party cannot grasp.”

    But, but, history was wrong and it will be different this time. (Sarcasm)

    An example of the power of wishful thinking perhaps? Or maybe the patronage and ‘interests’ outweigh mere reality?

  4. Starmer thinks he can handle being despised and hated now, because in 5 years he will have a smiling socialist utopia in place, complete with rainbows and unicorns for all, and that will show us.

  5. One of the things the politicians never seem to realise is that they have the mental capability of a hydrocephalitic chimpanzee so when they write laws, they never spot the inconsistencies and omissions (or even basic common sense). Hence “loopholes” appear and they’ll screech that that wasn’t what they intended. Besides, the tax laws are so complex and Byzantine in their enforcement that I suspect even the tax orifice does not know what they are and/or will be contradictory.

    The really rich will spend some cash on accountants to study the laws and regulations and take advantage of the “loopholes”. The rich can and will minimise their tax bills and often can reduce their tax take by moving cash offshore, setting up trusts etc.

    The only people that are hit by higher taxes are those that can’t afford such expert advice or can move their wealth offshore. Like you and I.

    But it sounds good – hit the rich and there will be unicorns farting rainbows, pissing petrol and a pony for every child.

    • A step in the right direction would be to ensure that all laws are passed with a sunset clause and a statement of intent. If, after 5 years say, a law was reviewed against its intent and need further Parliamentary time to extend it then a few of the unintended consequences could be reined in.

      Of course that would require our MPs to acknowledge that they might not always be correct (gasp!) and deprive all the professions existing to help exploit loopholes of a living. So no chance then.

      • The details of any laws, as enacted by Parliament, are written by lawyers working for the government. But they don’t want to be doing that cheap work for long, so they always include a ration of loopholes on which their own future careers and those of their pals in chambers will thrive.
        Check how many MPs have a legal background – bit of a clue there, mutual back-scratching abounds.

  6. I think this is roughly where l came in only this time there doesn’t seem to be a Thatcher on the horizon. Don’t seem to remember Wilson being as confused about biological or historical reality either.

  7. I remember the 1980s when mass unemployment was the most pressing issue of the day. What will it be like next time around if the government runs out of money and can no longer sustain all the state funded non jobs? I wonder what proportion of the workforce is involved in fake charities, prodnosing quangos, worthless university courses. What proportion of that section of the workforce would be unemployable doing anything else or couldn’t cut it if they were actually expected to work for a living?

    • I do believe Starmer wants to introduce voluntary euthanasia which might bring about some employment. That and as a keen supporter of the WEF which wants to rid the world of “useless eaters” or, in common parlance, the old age pensioners and the unemployed, might help him reduce unemployment.

      • Aren’t “useless eaters” the younger members of our “community” who live off benefits and untaxable earnings?.

    • And then there all those, apparently, who post the wonderful covid shut/lockdown, have decided that it is not worth the hassle of commuting with traffic restrictions, inflation busting fares, DEI, the dangers of triggering a woke HR Karen. Better to stay at home and annoy the money grabbing government by living a long, healthy life.. Maybe even flitting to somewhere nice. Outside a ULEZ, 15 minute restricted, diverse gulag.

      • Further to my post about non jobs, the covid lockdown had only people deemed essential still working. Apart from panic buying of bog roll, there seemed to be very little actual disruption. Of course we got rising inflation after giving out tons of free money but surely nobody could possibly have predicted that.

    • The “jobs” could disappear but don’t forget the featherbedded pensions.

      That cancer has well and truly metastasised!

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