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Communist Party leaflet exposing the government's bogus budget and putting forward the alternative to cuts
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Britain is one of the richest countries in the world, with the sixth largest economy. We CAN afford vital public services - if we tax the 10% of the population who own 44% of Britain’s wealth.
Closing this year’s deficit (£149 billion) within five years could be done without slashing public services or raising VAT. Here’s how:
A 2% Wealth Tax on the richest 10% REVENUE £78 billion a year
A 20% tax on the super-profits of banking, energy, retail, arms and drug monopolies REVENUE £16 billion
End tax dodging by the super-rich and big business REVENUE £70 billion a year
A ‘Robin Hood’ tax on City transactions REVENUE £30 billion a year
Withdraw British troops from Afghanistan SAVING £4 billion a year
Scrap plans for post-Trident nuclear weapons SAVING £76 billion
THE COMMUNIST PARTY SAYS: Mobilise the labour movement, community
& progressive organisations to fight the cuts with demonstrations, parliamentary lobbies, industrial action and local community campaigning
Step up the fight for the People’s Charter - the positive alternative to the neo-liberal agenda of the Con-Dems and the EU
Chancellor Osborne’s budget was a bonanza for the rich and big business, dictated by City bankers and speculators:
Deep cuts in corporation tax Privatisation of high-speed rail, air traffic
control and student loans A small and avoidable levy on bank bonuses
Workers, the unemployed and their families are to pay for the crisis of capitalism:
Public spending and services SLASHED by up to 25%
CUTS in real wages for most public sector workers
A VAT INCREASE hitting the low paid, pensioners and unemployed hardest
Child benefits FROZEN and targets to abolish child poverty abandoned
CUTS in pregnancy, disability and housing benefits and entitlements
A Treasury paper leaked on June 29 reveals that the cuts will destroy more than 500,000 jobs in the public sector AND 600,000 in the private sector.
This is a bogus Budget demanded by City bond traders and other spivs, backed by threats of financial sabotage.
WHAT’S THE ALTERNATIVE? - SEE OVER
ConDem government
Printed & published by the Communist Party. CP 026/B/07-10
Join the fight for peace, socialism working class & people power
name
address postcode Age if under 30 phone E-mail
return to Communist Party Young Communist League Ruskin House 23 Coombe Rd, London CR0 1BD
t: 0208 686 1659 e: [email protected]
Of the fat cats, by the fat
cats, for the fat cats
MAKE THE FAT CATS PAY www.communist-party.org.uk
Read the Morning Star daily paper of the left 60p from your newsagent
Don’t swallow the big lie
Britain is one of the richest countries in the world, with the sixth largest economy. We CAN afford vital public services - if we tax the 10% of the population who own 44% of Britain’s wealth.
Closing this year’s deficit (£149 billion) within five years could be done without slashing public services or raising VAT. Here’s how:
A 2% Wealth Tax on the richest 10% REVENUE £78 billion a year
A 20% tax on the super-profits of banking, energy, retail, arms and drug monopolies REVENUE £16 billion
End tax dodging by the super-rich and big business REVENUE £70 billion a year
A ‘Robin Hood’ tax on City transactions REVENUE £30 billion a year
Withdraw British troops from Afghanistan SAVING £4 billion a year
Scrap plans for post-Trident nuclear weapons SAVING £76 billion
THE COMMUNIST PARTY SAYS: Mobilise the labour movement, community
& progressive organisations to fight the cuts with demonstrations, parliamentary lobbies, industrial action and local community campaigning
Step up the fight for the People’s Charter - the positive alternative to the neo-liberal agenda of the Con-Dems and the EU
Chancellor Osborne’s budget was a bonanza for the rich and big business, dictated by City bankers and speculators:
Deep cuts in corporation tax Privatisation of high-speed rail, air traffic
control and student loans A small and avoidable levy on bank bonuses
Workers, the unemployed and their families are to pay for the crisis of capitalism:
Public spending and services SLASHED by up to 25%
CUTS in real wages for most public sector workers
A VAT INCREASE hitting the low paid, pensioners and unemployed hardest
Child benefits FROZEN and targets to abolish child poverty abandoned
CUTS in pregnancy, disability and housing benefits and entitlements
A Treasury paper leaked on June 29 reveals that the cuts will destroy more than 500,000 jobs in the public sector AND 600,000 in the private sector.
This is a bogus Budget demanded by City bond traders and other spivs, backed by threats of financial sabotage.
WHAT’S THE ALTERNATIVE? - SEE OVER
ConDem government
Printed & published by the Communist Party. CP 026/B/07-10
Join the fight for peace, socialism working class & people power
name
address postcode Age if under 30 phone E-mail
return to Communist Party Young Communist League Ruskin House 23 Coombe Rd, London CR0 1BD
t: 0208 686 1659 e: [email protected]
Of the fat cats, by the fat
cats, for the fat cats
MAKE THE FAT CATS PAY www.communist-party.org.uk
Read the Morning Star daily paper of the left 60p from your newsagent
Don’t swallow the big lie
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