MC Hammer meets Peter Mandleson.

by Pseud O'Nym

One thing that unites all Conservative politicians is their belief in the free market and that the freer they can make the market by reducing regulation and thereby incentivising greed, resulting in a necessarily beneficial effect on their profits. Without profits, so the thinking is, the less taxation can be accused by the state, and the less tax revenues the state has to spend so reductions in public services will be a regrettable consequence. This, of course is, is bollocks. But the Tories think that they all say this often enough, eventually people will believe it and forget about changes to tax law that favour business coupled with staff cuts in HMRC investigation units.

This was proved once again by MC Hammer, who at a Conservative Party hustings in Cheltenham a few weeks ago said’ I absolutely don’t support a windfall tax (on the energy companies) because it’s a Labour idea and it’s all about bashing business. It sends the wrong message to international investors and the public.” This says a lot about her and none of it is good.

Firstly, just because you didn’t come up with the idea doesn’t in and of itself make it a bad idea. On the contrary, it makes you look petty, as if any idea that doesn’t match ones own ideologically rigid dogma can be easily dismissed. Secondly, what message is opposition to a one-off windfall tax sending out?Well to international investors it’s essentially saying ‘Fill your boots, because if I become PM, nothing will change, it’ll be business as usual.”

And to the public it says “We really don’t care and why indeed would we? Do we use the NHS? Send our children to state schools? When was the last time any of us used public transport? We don’t live where you do, so crime isn’t a worry for us. Nor do we have to concern ourselves with social services. I mean as far as we’re concerned are social services are things like Glynebourne, grouse shooting and dominatrix’s but apart from that, not so much. Care for the elderly? You’re joking, aren’t you? They’re a revenue burden whilst doing nothing but complain while coffin dodging. Housing? Farming? The environment? Inequality? Now you’re just taking the piss.”

So perhaps today wasn’t the best day for a study to report that that average pay for FTSE 100 chiefs had risen by 39% since 2020, meaning that their average salary was £3.4 million or 109 times more than the average working person. And their bonuses increased too, from £828,000 in 2020, to £1.4 million.

Carry on filling your boots because it’s business as usual!