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London Real

Brian Rose: British πŸ‡¬πŸ‡§ Lockdown πŸ¦ πŸ” To Create Β£14 Billion Tax Increase For Middle-Class To Cover Β£40 Billion Loss | #BrianForMayor

London Real

Brian Rose

Investing, Cardano, Crypto, Bitcoin, Brianrose, Ethereum, Londonreal, Technology, Cryptocurrency, Business, Defi

4.4 β€’ 1.9K Ratings

πŸ—“οΈ 12 November 2020

⏱️ 4 minutes

🧾️ Download transcript

Summary

Learn More At https://www.BrianForMayor.London & Join Us In Making London A World-Class City Once Again! πŸ‡¬πŸ‡§πŸ™πŸΌβ™₯οΈπŸ‘Š

#BrianForMayor

Transcript

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0:00.0

Second homeowners, pensioners and investors are now facing tens of thousands of pounds more in tax as our Chancellor is trying to raise 14 billion

0:16.7

pounds in an additional tax review this is to make up for the 40 billion pound hole that's been placed in our budget because of the

0:27.6

lockdowns, the senseless lockdowns due to the bad data that was presented to the Prime Minister by Cambridge

0:36.0

University only weeks ago and this is what no one understands.

0:41.0

Furlo and lockdown and people getting 80% of their wage must be paid for at some point in the future and guess who pays.

0:50.0

Low income and middle income people. It's not the rich that are going to pay this, it's

0:56.2

you that are going to pay for your own furlough. And that's what's just not very well

1:00.9

understood right now by the public is when they get these big

1:05.2

chunks of benefits being handed out by the government they think it comes from some

1:09.4

all-powerful big bank account but it doesn. It comes from our citizens because there's

1:14.8

nothing happening right now in this country. Everything around me is

1:19.2

locked down and closed. There's no one in the streets and therefore there's no economy, there's no money being made,

1:25.6

there's no livelihoods being made, which means at some point we're going to have to pay for this.

1:30.4

And a furlow check is a great temporary measure,

1:33.0

but it means we're all going to have to pay for this going forward.

1:37.0

And taxing the citizens is the worst thing you can do.

1:40.0

We're trying to get out of the worst recession in the last hundred years. Any taxation is going to hurt business.

1:47.0

And that's why one of my primary focuses on my first policy as your next mayor of London is to get London back to work and that means

1:55.3

we have six month holidays when it comes to congestion charges and when it comes to business rates.

2:01.6

We cut them to zero.

2:03.3

And that's the only way we can promote people coming into London to spend money.

2:07.2

We can promote getting businesses back to work,

...

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