Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.Donate to our crowdfunder
It is always a pleasure to follow Mr Campbell. I was not going to make some of these points, but I cannot resist.
In 1997, some 17 years ago, many of us were not yet Members of Parliament. I remember the Labour party coming into office to the theme tune “Things Can Only Get Better”. The electorate will judge that claim in times to come. Labour likes to talk about the Conservatives’ 26 tax rises, but the inconvenient truth is that under all Labour Governments the burden of taxation increases dramatically. The sun rises in the east and sets in the west; Labour will always raise taxes and spend our money. Those are the truisms of life, and they always will be.
An increase from 10% to 11% in employees’ national insurance may not sound like much, but it amounts to an increase of 10%; in the case of the employer, the rise was a shocking 28%. No wonder Conservatives recognise national insurance contributions as a tax on jobs. Labour can talk all it wants about tax rises, but the people of Britain have long memories and will remember 13 years of a Labour Government during which the Treasury regularly raided people’s pay packets, and created a system in which businesses faced increased pressures and costs when creating jobs.