Marxism Socialism Statism

UK: A MARXIST FAT CAT IS REALLY NOTHING NEW……….

It always amuses me how it’s trumpeted as a great surprise to find out full throated marxist politicians have succeeded in ensuring that they’re handsomely taken care of financially.

It’s not an inconsistency, but a matter of fact sense of entitlement. The marxist/socialist movement was always a top down intellectual, pompous, self aggrandizing movement, the ”masses” were never expected to reach levels that they would enjoy. You have to remember every single Marxist state during the last century (even today in N.Korea, Cuba and Belarus) had a very wealthy a ruling class. It’s a throwback to the aristocracy.

SEBASTIAN SHAKESPEARE: How Jeremy Corbyn’s Marxist chum John McDonnell is a secret fat cat

Loony Leftie Shadow Chancellor John McDonnell (pictured) made a song and dance about publishing his income the other day, proudly putting his tax return on display

Loony Leftie Shadow Chancellor John McDonnell (pictured) made a song and dance about publishing his income the other day, proudly putting his tax return on display

  • Shadow Chancellor John McDonnell put his tax return on public display
  • He posted the image showing his income and taxes on his Twitter profile
  • Document wasn’t full story, as it failed to show local government pension 
  • Since the tax period shown, he has also been handed 10% MPs’ pay rise 

Loony Leftie Shadow Chancellor John McDonnell made a song and dance about publishing his income the other day, proudly putting his tax return on display.

The image posted on his Twitter feed showed Jeremy Corbyn’s right-hand man had been paid £61,575 as an MP in 2014-15, and shelled out £14,253 to HM Revenue & Customs.

But the full document, slipped out much later on his website, showed that is not quite the whole story. McDonnell, who read from Chinese communist leader Chairman Mao’s Little Red Book in a House of Commons exchange with Chancellor George Osborne, also received a £14,421 pension from his days in local government.

Since the period covered by the return, he has been handed the 10 per cent MPs’ pay rise, taking his salary to £74,000 per year, and total income to £88,421.

And when he turns 65 in September, he will be entitled to the state pension of £8,000 per year, plus he’ll be sitting on a final-salary Commons pension pot worth up to £35,150 by that date.

So in the year the old Marxist finally retires, he could enjoy a total income of more than £100,000: comfortably enough to put him in the country’s despicable top 1 per cent.

He published his tax return at the end of last month as he challenged Osborne to be ‘open and transparent’ about his own income.

The move came after the Government’s agreement with U.S. tech giant Google to see the company pay £130 million in back taxes covering the past decade. Osborne hailed the deal a ‘major success’ despite disquiet among members of his party.

‘I published my full tax return . . . as I believe if you aspire to be in charge of the nation’s finances, you should be as open and transparent about your own income as possible,’ McDonnell said. ‘Hopefully, it will encourage George Osborne to release the details of his Google tax deal.’

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