It's not entirely surprising that businessmen are objecting to increased taxes. Especially since several are also Tory donors. However, they do have a point.
The issue with using national insurance to raise taxes is that it penalises employment, which is not a good thing. The problem with the Tories arguing to rescind it comes with their answer to how they are then going to reduce the deficit. Both Labour and the Conservatives peddle this £11-odd billion of "efficiency savings" and Osborne seems to think that will, on its own, solve his debt problem. Of course, during 18 years of Conservative rule, and 13 years of Labour, no-one has ever achieved anything like those savings, and if Mrs Thatcher couldn't do it, why should anyone think David "Nice But Dim" Cameron will?
Find someone to promise that every public sector worker in the country, from Prime Minister to garbage collector will take an immediate 15% pay cut like in Ireland, and then you might see some real savings. Gorgeous George doesn't have the wit or the stomach for that kind of truth, any more than McBroon. If you're not going to raise tax, you have to cut expenditure. Why the main parties can't face the electorate with this simple truth is beyond me.
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