The trouble with Georgie is that he’s not very convincing. His tailor’s dummy image and his rather halting delivery do him no favours. It’s all a bit lower sixth debating society. I would guess his careers master at school was advising PWC, Deloittes or Freshfields for our Georgie, not MP far less Chancellor of the Exchequer.
Anyway, he did his best to convince us yesterday that there was more to George Osborne, that he was a politician to be reckoned with, someone we could all trust, a man so steadfast and true that apparently even his tennis racket is strung with moral fibre. But it all went a bit pear shaped.
His conference coup that he was going withdraw child benefit from 1.2 million ‘higher rate taxpayers’ would convince us all that he is a fair Chancellor. Really? So what was his thinking behind this masterstroke?
Well, it’s fair to take away a benefit from those that don’t really need it, isn’t it? Is it George? The majority of the 1.2 million are earning just over the tax threshold. You’re taking away five percent of their net income. On top of that you’re putting up VAT in January. Do you honestly believe that they’ll think it’s fair? Not a chance.
A couple who are each earning under the threshold, but have a joint income considerably in excess of the threshold will retain the benefit. Is that fair George? I don’t think so.
At a stroke you are tearing up the principle of universal benefits. Have you thought this through? I’m not convinced.
Where is the £2 billion you are saving going? To reduce the taxes paid by the poor? Oh, to pay off the deficit. Caused by whom, George? By feckless politicians who allowed the dogma of unregulated self-interest ruin the lives of millions. Shame on you.
For heaven’s sake George, do your homework before you open your mouth. We don’t want rabbits out of the hat, we want well thought through policies. Can you do that?