Original source: https://substack.com/@charleschevalier/note/c-181405146
Thank you to Charles Chevalier for his original post copied below.
Rupert Lowe fills me with optimism we can change the trajectory of Britain.
This is Ruperts’ advice to Rachel from accounts.
What Reeves should announce today, but obviously won’t.
Everything costs more. Food, rent, mortgages, insurance, childcare, energy, basic goods, services, the weekly shop, a pint. Britain is getting poorer, faster.
People feel it, and they’re right. Inflation has eaten us alive. Wages wiped out. Savings eroded. Families poorer. Britain weaker.
We are getting ripped off. Why?
Because Britain is addicted to the size of its own state.
Here’s what Reeves should say.
Tax cuts. Lots of tax cuts.
Raise the personal allowance dramatically - let people keep the first £20,000 they earn, minimum. No tax. It will cost, but the savings it will produce from encouraging people back into work will be vast,
Slash Income Tax/National Insurance, especially on middle-earners who’ve been squeezed the hardest. This is uncomplicated, Rachel. REWARD HARD WORK.
Remove the stealth taxes they all pretend don’t exist - fiscal drag and frozen thresholds which quietly rob the British people every year.
Give overseas skilled British workers vast tax benefits to relocate their tax revenue and skills back to Britain. Bring them home.
Cut back VAT, reduce fuel duty, cut alcohol duty, none of this sugar tax bullshit.
Stamp duty, gone for British families. Let’s get the property market moving.
Licence fee, scrapped. On the bonfire. Day one. More cash in the pocket for families.
Unleash British business
Cut Corporation Tax to the lowest rate in Europe. Undercut them. Compete. Win.
Push back dividend thresholds and taxes. If people are successful, ENCOURAGE IT.
Abolish Business Rates for small firms. Bring our high streets back. Turkish barber/vape shop fraud crackdown too - let's root out the criminals.
Slash Employers’ National Insurance - the single biggest reason small firms won’t hire more staff. OBVIOUSLY. We need to get that right down. Non-negotiable.
Supercharge deregulation, especially for small businesses. A redtape bonfire visible from space. Let it burn.
End the HR-ification of Britain. Bosses should be able to sack people, and they’ll end up actually hiring more because of that.
Scrap IR35, immediately. Leave people to interface between themselves.
Double the VAT threshold, possibly more. Overnight, vast growth will be unleashed from businesses hovering just under £90k. The figures show it already!
Super-deductions for investment, including capital allowances and R&D incentives. Encourage people to invest and they will!
Get police policing, and restoring some confidence for investment. Make Britain safer, and that will make Britain richer.
A brutal restructuring of the welfare state. And I mean brutal.
No benefits for foreign nationals. If you arrive here, you contribute. If you’re here and you don’t? You leave. Billions saved, with one stroke.
Mandatory work requirements for all those able to work. If you want support from taxpayers, you must give something back. A fair time to search for a job, but then you’re put to work. Picking litter or whatever else.
Full disability fraud crackdown using data-matching and HMRC-style enforcement. Weed out the piss-takers.
A cap on total household benefit claims - it should never pay more to stay home than to work. Never.
Drive for self-sufficiency.
Domestic energy production on a huge scale, like we’ve never seen before. Drive that cost of energy down. Fracking. North Sea extraction. New nuclear. Gas storage. Cheap dependable energy = lower prices for everything. It’s that simple.
Food security, with domestic output boosted and less reliance on foreign supply chains.
Support British farming. Scrap the family farming tax. Use the public sector’s purchasing power to BUY BRITISH from our farmers. End dependency. Boost farming apprenticeships.
A national infrastructure plan focused on logistics, ports, roads, and freight efficiency. The cheaper it is to produce and transport things, the lower prices fall. Places like Great Yarmouth with our fantastic port will boom. Stop building roads in Guyana, and use that money in Britain.
A robust plan to deal with the cancer of inflation.
Immediate ban on money-printing (QE) without explicit Parliamentary approval. No more splurges by the Bank of England and that toad Bailey.
Slash public spending - genuine far-reaching cuts. Nobody is safe. All departments.
Foreign aid. Gone. Entirely. Billions saved overnight.
Freeze all non-essential recruitment across the entire public sector (excluding front-line staff). A workforce pause, until inflation is under control. Then follows strict limits.
A structured debt-repayment schedule, legally binding, to get those vast billion debt-interest payments falling. If you want some awful perspective - we now spend more on debt interest than on defence. No serious country on earth behaves like this. Britain does. It’s like some third world African tinpot dictatorship approach to economic affairs.
We need to cut the debt, not just the deficit.
Public sector pension liability - all off balance sheet. Needs a total overhaul as state employees are radically cut.
Stop importing poverty, crime and sex pests.
Shut down all illegal migration with mass deportations, rapid removals, third-country processing, and no exceptions. Billions saved on abolishing asylum and related costs.
Cut legal migration to net-negative, especially low-wage migration that undercuts British workers.
Remove those who are a drain. If they’re claiming benefits, living in social housing, unable to speak English, refusing to contribute? Thanks, but your presence is no longer required. Bye.
Deport foreign sex pests and criminals. Make our towns safe again. Watch how investment flows back into our dying high streets.
We must urgently cut back the bankrupt British state. Growth only comes from the following things.
A smaller state. Lower taxes. More people working. Fewer people scrounging. Cheaper energy. Stronger borders. Mass deportations. Actual production.
That is it. Reeves sadly does not have the balls to do what is necessary.
Britain needs an economic revolution.
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