Budget tax cuts would be nothing more than gesture politics

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We need a government that has a strategic plan for the nation’s finances rather than one that uses short-term gestures (PA)

The prospect of tax cuts in the upcoming Budget is nothing more than gesture politics; short-term, shallow electioneering by a government that has no commitment to the long-term interests of the nation.

Without a doubt, those who will benefit from such tax cuts will be those on middle and higher incomes, while those who have been impoverished by 14 years of austerity measures will continue to struggle as the essential services upon which they depend buckle through continuous underinvestment.

All this is designed by a cynical government to garner a few votes from the electorate and make it more difficult for an incoming Labour government to stimulate economic growth. As most economists have been telling us for some time, increased productivity depends upon investment that should be encouraged by a government that has a strategic plan for the nation’s finances, rather than one that uses short-term gestures with no other purpose than to con the credulous.