39. What's the point of Labour?
The Owen Jones Podcast
Owen Jones
4.4 • 1.4K Ratings
🗓️ 2 March 2021
⏱️ 14 minutes
🧾️ Download transcript
Summary
Labour have not only let the Tories get away with one of the most catastrophic handlings of the pandemic on earth - they're now opposing tax hikes on big business, not least those which profiteered from the crisis.
It's time to remind ourselves what Labour is for - to champion the interests of working people and challenge the vested elites at the top of society, despite the best efforts of pro-establishment forces to neuter its historic mission.
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Transcript
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| 0:00.0 | Satire has been cruelly and brutally bullagained to death. |
| 0:05.8 | The Tories are proposing to hike taxes on big businesses that are profit making, not least |
| 0:11.6 | of all those big businesses that have directly profited from the pandemic. |
| 0:17.0 | Now you might expect Labour to go, whaaay, here's an open door that we can push out. |
| 0:22.5 | All of the arguments made by the Tories and their right wing allies for more than a decade |
| 0:28.2 | that's slashing corporation tax actually increases tax revenues than it more than pace |
| 0:33.6 | itself. |
| 0:34.6 | But in the short run there's no doubt that massive hikes in corporation tax would be very damaging. |
| 0:39.1 | Those arguments have been completely and utterly discredited and they can say this is a great |
| 0:46.7 | opportunity to start a far reaching conversation far far further than the Tories are ever prepared |
| 0:54.2 | to go about how we get those at the top of society who are booming like never before to pay |
| 1:00.2 | a fair share of tax to create the just and fair society that we all deserve. |
| 1:06.1 | If you thought that was a no brainer you're going to be gutted because Labour have announced |
| 1:11.5 | their passionate opposition to increasing corporation tax and specifically to a windfall tax |
| 1:19.4 | on those companies that have profited from the pandemic. |
| 1:23.4 | In doing so, the Labour bar a places themselves to the right of the Tories chance to the Exchequer |
| 1:30.0 | Rishi Senak to the right of Joe Biden's administration, the United States, which has proposed |
| 1:36.0 | plans to increase corporation tax. |
| 1:38.4 | They are to the right of public opinion according to the polls over two thirds of the British |
| 1:50.7 | population support increasing corporation tax and as you'd expect that support is even |
| 1:57.1 | firmer and larger amongst Labour voters. |
| 2:00.8 | Now what the hell is Labour's reasoning for this? |
... |
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