The Conservative MP for Windsor has attacked what he calls a 'tax on jobs' in the Labour government's first national budget in 14 years.
Jack Rankin, the Conservative MP for Windsor, has accused the Labour government of hoping to introduce measures that he claims will damage small businesses across Windsor and the rest of the country.
He blasted the employer national insurance hike as a “jobs tax”, going hand-in-hand with the “French-style labour laws” coming out of the Employment Rights Bill, which he argues will hit small businesses and foster an unproductive economic environment for growth.
To back up his argument, Mr Rankin used the Office of Budget Responsibility's latest growth forecasts, which state that the economy is only due to grow by 1.6 per cent by the end of the Parliamentary term.
He has accused government ministers of having “a distinct lack of real-world private sector experience”, drawing upon his own childhood experience of watching the aspiration of his parents as they set up their successful small business in a tough part of urban Greater Manchester.
Mr Rankin warned the government that by pursuing a short-term “adrenaline shot" to the economy, they will ultimately damage growth by “attacking the private sector and throw money at reformed public services.”
He made those comments during a debate on the Labour government budget in Parliament on Tuesday, November 5.
Certain aspects of the budget called 'resolutions' have been voted on, but the entirety of the budget will be voted on in the latest Finance Bill.
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