Re: More tax revenue?
"They haven't thought this through"
Too right they haven't.
Even if the anticipated exodus from the public sector doesn't happen, what does the HMRC in its infinite fuckwittery wisdom think will happen? Contractors will put up their hourly rate significantly to compensate for higher taxation. Great, thinks HMRC, lots more lovely tax revenues.
Except that public sector project costs will have gone up significantly as a result, and where does the extra money for this come from? Yes, you've guessed it, the selfsame tax revenues, so the public purse is hardly any better off than it was before...
Biting the hand that feeds IT
