Revolutions have begun over less. UK lawmakers plan to raise taxes on over four million households to cover a portion of their fiscal mismanagement. Homeowners may see their bills raise by a full 25% in certain areas as councils plan to use a loophole in the law to exploit the people.
Local government is not allowed to raise taxes over 4.99% without an election and approved referendum. To bypass the law and will of the people, councils plan to invoke Section 114 to declare themselves bankrupt. Secretary of State for Housing, Communities and Local Government Angela Rayner of the Labour Party would need to approve the measure. Rayner has been pushing to eliminate local government authority. Rules for thee but not for me apply to Rayner as she managed to avoid paying taxes on her own home sale by looking for a loophole and simply feigning or, more likely, admitting stupidity.
The Royal Borough of Windsor and Maidenhead in Berkshire, Lib Dem-run, is naturally pushing for the largest increase of 25%. They claim it is a wealthy area and the people can afford to pay over five times the usual maximum. The party’s North Somerset Council believes homeowners should face a 15% penalty as well. Labour-run Bradford council pleaded with the UK government last year for a bail out worth £220 million, but even that was not sufficient as they are seeking to increase taxes by 15%. The party’s authority in Birmingham would like to raise taxes for a second consecutive year to 9.99%. Eight authorities in total are seeking to abuse the legal loophole of Section 114 to rob citizens.
A spokesman for the Ministry of Housing, Communities and Local Government attempted to deflect any responsibility. “Councils are ultimately responsible for setting their own council tax, and we will put taxpayers at the forefront of any decision,” they told the Daily Mail.
Did I mention that these tax hikes will NOT cover each council deficit? Governments are absolutely ravenous for funding and do not care how hard the people are hit.
I recall when Maggie Thatcher was under fire for proposing a poll or head tax whereby each taxpayer would pay the same fixed sum dictated by the local authority. I warned Maggie about imposing a poll tax. She thought the people would take the supervisory role as a check on the government if they had skin in the game. But I knew from history it would not unfold as she had hoped.
In Britain overall, aside from this proposal, the tax hike as a percentage of gross domestic product to a record 38.2% will be the highest in modern British history, resulting in government spending not seen outside an emergency or war. While he claims that the additional £40 billion ($80 billion) is to invest in the future, it will undermine the future of Britain.
Our computer has been projecting that the British pound will collapse and penetrate the 1985 low as we move into the years ahead. Last year saw a Double-Directional Change on the yearly level for the pound, and we are looking at an unprecedented economic decline into 2026. This is what the LEFT refuses ever to comprehend. They are Marxists until the end – Britain’s glory days are gone.
