I support Jeremy Corbyn but I know that many find the prospect of him in power a scary one. He has been labelled - “an unreconstructed Trot” and a “danger to our national security”. However, many might be surprised to discover that they agree with him much more than they thought.
Are you happy that companies like Google are allowed to “make a deal” with the Revenue to pay a derisory amount of tax? Tens of billions of pounds are lost to the nation by these “sweet-heart deals” and the use of tax-havens, which are only accessible by the very rich. Meanwhile, decent taxpaying British companies find themselves undercut. Successive governments have acted as if we have no choice except to put up with this, like we put up with the weather. This issue is a priority for Corbyn, who is advised by leading experts in the field.
The damage caused by recent floods in Yorkshire would have been prevented if money had not been “saved” in 2011 by not building recommended flood defences. The taxpayer will now pay much more as a result of this false economy. Corbyn has been very clear that while he is committed to reducing the deficit, when it comes to floods:
“Cuts in public expenditure are not the answer. You’ve got to be prepared to invest in flood defences…”
Did you think it was wise - economically, politically and in relation to national security - to invite the Chinese Communist Party into the heart of our nuclear power industry? It would make more sense to borrow at historically low interest rates to invest for the nation and to keep future profits in the UK. This is very much the kind of investment Corbyn advocates. Germany under Angela Merkel does the same.
Much of the UK rail network is currently operated by the state-owned companies of France, Germany and the Netherlands. Arriva, for example, is a wholly owned subsidiary of Deutsche Bahn, the German state railway company. These companies put up the fares, take the subsidies and then it is the taxpayers of their countries who benefit from the profits. Corbyn wants to bring back the railways into UK public ownership, as and when the franchises come to an end. There is widespread public support for such a policy.