When Northern Ireland Finance Minister Sammy Wilson announced his “Tesco Tax” a planned levy on big stores intended to underwrite tax breaks for small, independent businesses and go some way towards redressing the balance after small shops were forced during thirteen years of Labour misrule to fund tax breaks offered to entice global retail corporations to set up shop in out of town big shed developments he expected a reaction from the corporate retailers. He did not however expect such a hypocritical outbreak of orchestrated whining considering Labour’s favouritism to the retail giants has resulted in up to a third of shops in some traditional town centres standing empty.
pedlers of crap, tat and overpriced kitsch furniture giant Ikea claimed the minister had potentially put hundreds of jobs at risk and was hindering other stores coming to NI. Sorry, but we don’t remember IKEA shedding any tears over the jobs lost in local retailers when they grabbed the subsidies and local tax reductions offered to open their shops.
Mr Wilson said he had listened to what the big retailers had to say and had cut the tax they would have to pay. “The levy has been reduced from 20% to 15% saving Ikea £70,000,” he said.
Pity, that, he should have hit them with an extra levy for having the nerve to whine. The so-called “Tesco tax” has been fiercely opposed by most large retailers who said it could limit investment and cost jobs. On average big retailers will pay an extra charge of £66,000 a year, raising £5m. It will affect 76 large shops. Well £66,000 a year is peanuts compared to what these hyper stores make so you have no need to feel sorry for them. Let’s explode a forty year old myth to put the whinging in perspective. It has long been the case in mainsteam media to toe the government propaganda (Ministy of Truth) line that when a new hyperstore opens hundreds of jobs are created, (you’ve heard the announcements on local news). Nobody ever quantifies how many jobs are lost from small businesses that can no longer survive.
The finance minister argued that the “Tesco tax” is designed to help small businesses. “The whole aim is to create a more level playing field. It is about what we do to stimulate the small business end of the economy,” he said. Good, in spite of the fuckwiited windbaggery about level playing fields from Tony Blair and other Labour leaders for too long small businesses were playing up an ever steepening slope as The Peoples’ Party helped the people who are most generous; billionaires, tycoons, bankers, lawyers and speculators.
Think back to the report from Mary Portas on high street shops published earlier this week, the harm done to small businesses and communities by corporate friendly government policies and bureaucratic smothering of startup enterprises was highlighted there. And it is not recent, this cosyness between elected politicians, gravy train riding tax eaters and greedy corporate execs has gone on for decades. More recently they have been attacking local employers by enacting measures aimed at pushing business online.
On the whole any news that suggest government is trying to get itself out of the pockets of big business is to be welcomed.
War On The High Street Is Just A Skirmish In The War On Our Way Of Life
It seems the mainstream media are for the first time acknowledging the government, lackeys of fascistic corporate interests and banks, have been complicit in the waging a war on the Hiigh Stret and local shops. The weaponse have been generous tax breaks for global corporations who wanted to open for business in out of town “Big Shed” developments and the lax regulation of internet commerce which allowed fraudsters …
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