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YOU DON’T HAVE TO BE STUPID TO BE A TORY

By Pete Moore On August 10th, 2018

But it certainly helps climb the greasy pole.

Philip Hammond says he is strongly considering introducing a so-called “Amazon tax” to try to rescue struggling retailers.

In his strongest intervention on the issue, the chancellor told Sky News he was thinking of introducing a special retail tax on online businesses – if necessary without full international co-operation.

This is so stupid it can only have been proposed by Lord Stupid of Stupid Hall. Yes, House of Fraser (a chain of large department stores) has just been rescued from the brink. Yes, we have changed shopping habits, with more and more shopping done online.

But what has long damaged retailers are the things which government imposes. Business rates (a tax on property used for business) kills shops. For many smaller retailers it’s their biggest overhead. Town centre car parking charges are often exorbitant too, but councils have a tin ear to their hugely damaging effect.

Landlords have to get with it also. Upward only rent reviews are an industry standard. This is bonkers. Before they know it they’ll have no tenants left, outside of takeaways. British high streets have taken a hammering for decades, at least since developers started throwing cash at the Tory Party nearly forty years ago. They need government to get off their backs instead of stupid schemes to make everyone poorer. Hammond is a buffoon.

14 Responses to “YOU DON’T HAVE TO BE STUPID TO BE A TORY”

  1. The problem is that Amazon pays just £5 million tax in the UK, despite hundreds of millions in UK sales and in real terms, huge UK profits. But the rules allow most of those profits to be laundered through the tax-sewer of Luxemburg (a fellow member of the EU), so UK retailers who pay their full whack are naturally enraged.

    But an “Amazon tax” would also hit those same UK retailers who have greatly increased their own online sales over the past decade. Business rates need to be greatly reduced. Market forces will take care of rents as landlords are increasingly faced with a choice between lower rents or no rents.

  2. Business rates need to be greatly reduced. Market forces will take care of rents as landlords are increasingly faced with a choice between lower rents or no rents.

    Definitely!

  3. Local and national governments have been hitting small independent retailers so hard that the money starting to dry up. Make no mistake, this is not about saving the high street but opening up a new cash cow. The Tories (sic) are heading for electoral oblivion. And I for one cannot wait.

  4. The Tories (sic) are heading for electoral oblivion.

    No, because under our voting system no upstart party could usurp them. UKIP learnt this hard lesson in 2015 when they got 14% of the votes and three MPs out of 635.

    Here is an alternative scenario. Boris Johnson replaces May as Tory leader and PM, engineers a vote of confidence which is (as expected) lost and triggers a general election, and then wins an overall majority on a hard-Brexit manifesto. This could all happen before the end of this year. The opinion polls indicate that Johnson is a certain winner against Corbyn and hard-Brexit would then be a done deal. You read it here first.

  5. May is hanging on by a thread, but stickability is her one quality – alas. She’s simply not aware enough of her limited talents and unpopularity to resign. She’s bovine.

  6. The Tory conference at the end of September will be the trigger. Johnson has been on manouvres for months and will be taking soundings from the membership (overwhelmingly over 60, overwhelmingly anti-EU, overwhelmingly white). But he will have to beat off challenges from Jeremy Hunt and Sajid Javid and Jacob Rees-Mogg.

    Surely the Tories are not stupid enough to elect Jacob Rees-Mogg? Jeremy Corbyn will be hoping that they are, because that would put him in with a chance.

  7. //and then wins an overall majority on a hard-Brexit manifesto. //

    A hard Brexit policy will never win a British election. According to the latest polls, Remain would beat a hard Brexit by a healthy margin.

  8. Noel –

    According to the latest polls, Remain would beat a hard Brexit by a healthy margin.

    What, again?

    There’s no way that a clean Brexit Tory Party would not be returned in a general election, and there’s no way that Remain would beat Leave in a referendum – assuming a clean count.

  9. So if a new referendum was won again by Brexit it would be a clean count. If remain secured a victory it could only be a fix. That’s your spin on it Pete ?

  10. https://www.bbc.com/news/uk-politics-45098550

  11. But if BJ leads his party, he should declare a hard Brexit his aim. Yes, he really should.

  12. Online shopping is here to stay.

    For many things, the online experience is a million times better than buying at the store. Faster, way better selection, no waiting in queue.

    Amazon is very good and many stores are very bad.

    I’ve used Amazon many times in the last 12 or more years. They’ve never made an error, and they’ve gotten everything there on time, including getting something to someone on a ship in Kobe Japan during the one day window they were there.

  13. In recognition of the militarization of space, here’s a couple of space themed tracks from me:

    https://www.youtube.com/watch?v=XCbAEkfXSDE

    https://www.youtube.com/watch?v=hvzQQOAjuoU

  14. Oops. Apologies I put my Friday music night posted in the wrong place.
    In mitigating circumstances, I’ve had a busy tiring week, and I am a little drunk.

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