27th June 2013
Maidstone Green Party's Stuart Jeffery rejects the austerity-obsessed Spending Review offered
by the Chancellor of the Exchequer today calling for rich corporations and individuals to pay their way.
Stuart Jeffery comments: “There are two ways to deal with the hole in the Treasury’s accounts,
one is to destroy the lives of vulnerable people who depend on the
support from government the other is to ensure that rich companies and
individuals pay their way fairly. It came with no surprise that the
super-rich Chancellor, backed by a super-rich Cabinet and friends, chose
“While some companies continue to ‘accidentally’ make their profits
abroad to reduce their tax burden, a loss to the Treasury estimated by
the TUC to be around £120 billion, and the banks start to gear up
towards a further round of boom and bust with no additional checks,
balances or taxes added to their businesses, the provision of essential
welfare is slashed and public services crumble.
“It is clear that the Coalition Government cuts, which are supported by
Labour, will ensure further serious damage to local government spending
and our much needed services.
“Rather than protecting rich friends, we would ensure that a Financial
Transaction Tax not only stabilises the banks’ voracious appetite for
risk but brings significant benefits to the economy and we would put an
end to off shore tax avoidance. And if the bankers want to leave we will
wave them goodbye.
“Public services and support for vulnerable people through a fair system
of welfare is essential to society. Bankers bonuses and off-shore tax
havens are not.”