Conservative Home columnist Ruth Lea has given the “same old Tories” brigade another round of ammunition, with her suggestion that the government should cut the 50p tax rate — at the direct expense of the world’s poorest.
Lea suggests that the UK’s aid budget should be slashed in order to pay for a tax cut for those earning over £150,000 per year:
“A saving of £4bn in the aid budget could easily accommodate the removal of the competitiveness-damaging additional income tax rate (50% rate)”
International aid was one of David Cameron’s key fronts detoxifying the Conservative brand. The Prime Minister has hit out at critics of the aid budget, justifying it both on humanitarian and national security grounds. But there have been consistent voices on the right of the party which have spoken out against it, most notably a leaked letter from disgraced former Defence Secretary Liam Fox.
It’s robbing the poor to pay the rich.
5 Comments
Ah, staying classy as ever by making out that it’s Conservative Home policy…
Oh well, this is where she comes from – was Chief UK Economist at Lehman Brothers. She was then Economics Editor at ITN then Head of the Policy Unit at the Institute of Directors – so well and truly batting for the 1%.
More wisdom from Ruth Lea here, pre- and post-bank crash:
http://bubblewrapped.org/pie.html#lea
You get more sense and accuracy from this Ruth Lea
http://www.ruthlea.co.uk/#
I have always regarded her as a loathsome old tory c**t.
@Boris – where on this page does it say that it’s Con Home policy?
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[...] Political Scrapbook reporting what we highlighted yesterday; Conservative Home columnist Ruth Lea has given the “same old Tories” brigade another round of ammunition, with her suggestion that the government should cut the 50p tax rate — at the direct expense of the world’s poorest. [...]