clint van damme
Well-Known Member
Yes but businesses when their profits drop reduce costs and the first cost they reduce is wage bills.
It's text book paradox of thrift
There will be a time to look at CT but as has been stated already it's not wise to raise any tax in a recession dur to the demand reduction it will create.
I can see the logic behind this as a stand alone argument what I can't see is the logic behind fighting this battle but not the court case battle last week.
He's also going to have to rejig his pledges otherwise even that useless twat Johnson will be weaponising it against him.