You're still missing the last stage of the process interlog,
where does the money end up.
If a furloughed worker received £1600 per month, but £800 of it went on rent, £300 of it went on shopping, £100 of it went on fuel, £150 of it went on energy bills and £250 of it went on other expenses, they actually got to keep precisely zero of that £1600. It's not like they're sticking that £1600 per month into the bank,
but the £1600 still ended up somewhere.
Let's forget about everything else for now and just focus on the rent. In simple terms, the government created £800 of debt, and passed it
through that person, straight into the pocket of a landlord, every single month for as long as furlough lasted.
Multiply that out across the UK for every single person who paid their rent using furlough money, tens of billions pounds being created as new government debt, and then being siphoned straight into the pockets of (often very wealthy) landlords.
What Gary is saying is that these very wealthy people, who did very well out of Covid, should be paying a bit more tax to relieve the burden on average workers - it's not exactly calling for a Communist revolution, is it?
If taxes were low overall at the moment you could argue it's all good, (I wouldn't but someone could try to make that case), but when your average worker is paying the highest rates of tax since the 1940s, how is it that the wealthy and super-wealthy get to trouser £450bn of newly created government debt, and pay far lower rates of tax than Mr Average Joe does?
And remember Mr Average Joe is not only paying the highest rates of tax for nearly 100 years, he's also being told he can't have a decent pay rise (how many people are getting 9% pay rises this year?.....), that public services are shit because there's no money to pay for them, that his energy bills are going to be the highest they've ever been (and getting higher), and also that he just has to put up with inflation running at 9% and it costing £100 or more to fill up his car.
Printing £450bn of new money is an extremely inflationary measure, so it's like a double whammy for the folks who didn't get to keep any of it.
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