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  Raising the tax and NI threshold would mean a marginal increase in the take-home wage of those on or near the minimum and yet be of more considerable benefit to the employer, such benefit increasing with the greater proportion of min-wage employees.
  And as such, will not give the bulk of customers on the high street any more spending power, but yet would go some little way in offsetting the continued shortfall in company profits. A virtual stand-still then.
  For it would not be long, under these circumstances, for prices to grow to swallow-up the little extra in the wage packets.
  Further, the doing away with the employer-subsidy that is Tax Credits would start us all off on the downward slope once more.
  Simply put, if we cannot (or dare not) increase the take-home wage we will have to look to reducing the short fall between income and outgoings;caps on rent, utilities and transport costs.
  Increasing the disposable income of the majority has to be the goal, for this alone will increase confidence and spending in the only market that matters to the majority of people and to SMEs.
  The country cannot continue to be run solely for the benefit of those involved in purely-speculative investment. We cannot go on making votive offerings on the altar of self-serving financial shysters.

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