Jeremy Corbyn, the leader of the UK’s left-wing Labour Party, has just released a bat-guano nutty manifesto that, if enacted, would take the United Kingdom straight back to the lackluster Seventies. Excerpt:
Jeremy Corbyn will take Britain back to the 1970s by nationalising industries, forcing wage caps on businesses and giving huge power to the unions if he gets into power, a leaked copy of Labour’s draft manifesto reveals.
The 43-page document, obtained by the Daily Telegraph, shows that Mr Corbyn plans to nationalise energy, rail and mail and will introduce a 20:1 pay cap for businesses.
The Labour leader will only send the armed forces into combat if “all other options have been exhausted”, the copy of the manifesto states.
It also says that Labour will rule out a “no deal” Brexit and refuse to set a migration target, in a move that is likely to drive away its traditional supporters who voted Leave in the EU referendum.
The party will also create a Ministry of Labour to hand more power to trade unions, stating: “We are stronger when we stand together”.
The party will fund its socialist agenda though a huge programme of increased tax and £250billion of borrowing over the next decade with more spending on education and health and big levies on business and industry.
Here are some of the crazier aspects of his tax plan:
- Income tax hikes for those earning more than £80,000 a year
- Ensuring 60 per cent of the UK’s energy comes from renewable sources by 2030
- Fines for businesses that pay their staff high wages and a business levy on profits
- Companies with government contracts would only be allowed to pay their highest earner 20 times more than the lowest
These far-left policies (and let’s describe them in a whisper, lest the cabal of nutbars running California overhear us and think these proposals are a good idea) would send the productive and a whopping big chunk of Britain’s successful businesses (read that: employers) running for the hills, or for Ireland, or wherever the grass is greener and the politicians less greedy.
Fortunately for Britain, it looks like the Tories have a pretty good grip on Parliament for the moment. But read these looney-tunes policies and remember them, True Believers, because we have plenty of our own nutty pols who would love to make these things the law of the land here.