UK Labour goes full frontal: All your incomes are belong to us

UK Labour goes full frontal: All your incomes are belong to us
Jeremy Corbyn. (Image: AP, Kathy Wigglesworth via ToI)

[Ed. – Well…yeah.  The implication of statism is, in fact, that the state owns your chapped-pink backside, property, labor, and cash.]

The guru behind [new Labour leader] Jeremy Corbyn’s “potty” economic plans once declared: “There’s no such thing as taxpayers’ money”.

Chartered accountant Richard Murphy, 57, is the brains behind the “Corbynomics” strategy of renationalisation, higher taxes and printing millions of pounds in “new” money.

Murphy is set to become a key member of the new Labour leader’s inner circle…

One of Murphy’s strategies was revealed in August 2014, when he gave an obscure speech, later trailed on his personal website.

The dad-of-two claimed taxpayers’ money was NOT their own – and was instead the state’s “rightful property”. …

“After all, if we give the state the power to define what we can own, how we can own it and, to a very large degree, what we can do with it – and we do – then I would argue that we also give the state the right to say that some part of what we earn or own is actually its rightful property and that we have no choice but pay that tax owed as the quid pro quo of the benefit we enjoy from living in community…

“Well let me inform you that there is no such thing as ‘taxpayers’ money’: it is the government’s money to do what it will with in accordance with the mandate it has been given and for which it will have to account.

“It is the government’s money precisely because we owe it to them in accordance with the laws that we, by consent, have agreed to comply with and which underpins the society of which we are a part and in which we wish to live in reasonably peaceful harmony.”

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