Asserts the Conservative Party parliamentarian. From The Telegraph (Britain): "The set of pro-enterprise Parliamentarians are to urge [Treasury Minister] George
Osborne to raise capital allowances (tax relief for capital
investment) for companies to 100pc, cut income tax for the middle classes
and double the size of the Business Bank to support funding for firms."
These politicians want the UK to go classically liberal: "The Free Enterprise Group wants Osborne to adopt radical new 'liberal
capitalist' policies to kick-start the economy. Crucially, all of the
plans are designed to be revenue neutral or, at least, not require
additional government funding. Kwasi Kwarteng, MP for Spelthorne and new head of the group, said: 'Politicians
have become anti-business, anti-banks, anti-capitalism. We're saying, hang
on, this is the best system we've got.'He added: 'We need to focus on regulation and taxes. Others will say,
we're pretty good compared to Europe. But Europe is a laggard in this way.'"
More from MP Kwarteng, who is a financial analyst and historian by trade: "Mr. Kwarteng said: 'The downturn has lasted longer than we expected.' He blames the global economy and the eurozone crisis but also insists that the
real problems started with Labour's spending spree 15 years ago. He's not afraid of the 'Thatcherite' label. 'As far as Thatcher
wanted to curb public spending and believe in free trade, enterprise and a
smaller state, we are Thatcherite,' he says."
MP Kwasi Kwarteng: "We Need Capitalist, Thatcherite Policies To Kick-Start Britain's Economy"
