General Election June 8th

[1.618034]

I might not be the Governor of the Bank of England or anything, but my guess would be a combination of taxes and borrowing.

Or it pays for itself by getting more people back into work, who will then pay tax to more than cover it, whilst also driving the economy by them having more money to spend.

It's a similar argument for nationalising rail franchises as they come up. That initial (neutral) expenditure is covered by acquiring the assets of the business and from the fact that all the profits from the business go into the treasury, rather than the 20% or whatever from the corporation tax, whilst the 80% goes to be spent on the German, Dutch or French infrastructure.

Seem like perfectly good uses of public money, spent in the right areas to improve services and make money.

As for the Corbyn radio interview, it's not great that he couldn't remember the actual figure, but at least he didn't just make one up and he only needed to refer to his manifesto to find it. As anyone could.

 

[SWP's back]

Has he or Labour themselves stated where this extra £5.6bn is to pay for the childcare?

Wealth tax. It's the usual answer. Either that or from an increase in corporation tax.

 

[SWP's back]

We can afford to bail out banks that gambled with our money and lost

They actually bailed out the savers that would have lost money.

 

[1.618034]

Maybe that guy was right yesterday. Maybe we're watching a very British version of 'Brewster's Millions'. It would explain a great deal.

I've been having exactly the same thoughts mate. But, surely not???

 

[Metal Biker]

Wealth tax. It's the usual answer. Either that or from an increase in corporation tax.

This "tax increase for those earning more than £80,000 a year"; will it affect MP's?

edit: hmm, MP's are on £74,000 a year...something fishy about all that.

 

[Blue Smarties]

First election I voted for Conservatives. I backed Brexit too. I laughed at the thought of Jeremy as little as a month and a half ago. Now I'm seriously thinking of backing Labour. The Tories have fucked this up big time, imo.

 

[Cheesy]

Here, all the in manifesto: http://www.labour.org.uk/page/-/Images/manifesto-2017/Labour Manifesto 2017.pdf Read it, you can answer your own question.

http://www.bbc.co.uk/news/business-40057115

The simple fact is that their plans aren't fully costed but you just won't admit that. The Tories are no better on this matter.

See what I did there??? A Tory voter disagreeing with an aspect of the manifesto of the party that they are going to vote for. Give it a go, you know you can do it :)

 

[SWP's back]

First election I voted for Conservatives. I backed Brexit too. I laughed at the thought of Jeremy as little as a month and a half ago. Now I'm seriously thinking of backing Labour. The Tories have fucked this up big time, imo.

Fair enough and it's your vote.

Which bit has pissed you off with the Tories out of interest?

 

[Metal Biker]

http://www.bbc.co.uk/news/business-40057115

The simple fact is that their plans aren't fully costed but you just won't admit that. The Tories are no better on this matter.

See what I did there??? A Tory voter disagreeing with an aspect of the manifesto of the party that they are going to vote for. Give it a go, you know you can do it :)

I've been reading the manifesto link (Thanks Ken) and there does seem to be a lot of "we will do this" without then explaining how it will be paid for, where the funds will come from, who might this affect, how much they expect will be raised by doing it. They explain a lot of "we will cap this, put an end to that" but those promises aren;t linked with how to actually raise the capital required to pay for what they claim to want to provide.

It's a lot of promises with no actual solid backing. The main question I asked myself a lot whilst reading the Labour Manifesto was "how?"

 

[brass neck]

I would happily pay 20 quid a week more in tax if it paid for the progressive policies outlined by Labour. It would make a life a squeeze for me but I'd pay it for the greater good. What is wrong with these people on 80k plus a year. Why do they not take pride in making it possible to improve the lot of everyone in the country. It should be an honour to be selected. A marker of how well they've done in life to be able to make a difference. That's the problem these days. No sense of pride in the strivers!

In fact its the polar opposite now. People who will happily bemoan benefits claimants often won't think twice in announcing in public they "didn't have to pay any tax this year" "in fact I got a rebate" "my accountant is mint, he gets everything back" "i've not paid the bloody government anything for years me"

THAT is why the 5th richest country in the world has a homelessness epidemic and food banks. Bloody food banks.... In Britain.... DISGUSTING!

 

[supercity88]

Has it occurred to you that he still will if he gets elected? All we've seen from him is his preparedness to ditch his principles in order to con the electorate into voting for him. Nothing new there - all politicians do it. But a leapard does not change its spots and to imagine that Corbyn has had some massive change of heart on his more loony ideas, is pure fantasy. You only have see his reponse to questions like "You said you were in favour of nationalising the banks, are you still in favour, or have you changed your mind". He ducks the question. Not because he's changed his mind (or he would obviously say so), but because clearly that's what he still wants, but knows its a huge vote loser.

If Corbyn were to become PM, mark my words: We'd see a violent swing to the left, far, far greater than anything anyone is prepared for. Apart from Len Mccluskey and the like. By all means vote how you wish, but please do consider the risk.

I don't see that as a risk worth worrying about. The Labour party is divided. Some, like Corbyn are far left, the majority are closer to the centre than that. He can't get the risky policies through his own party and certainly will not get them through government. We'll be safe, at least for the next government.

In any case, I see the threat to our NHS and schools as a much much more critical issue. Labour are the only party that offer an opportunity for those services to be saved.

 

[worsleyweb]

I don't see that as a risk worth worrying about. The Labour party is divided. Some, like Corbyn are far left, the majority are closer to the centre than that. He can't get the risky policies through his own party and certainly will not get them through government. We'll be safe, at least for the next government.

In any case, I see the threat to our NHS and schools as a much much more critical issue. Labour are the only party that offer an opportunity for those services to be saved.

He would show his true colours very quickly in my opinion.

 

[Cheesy]

I would happily pay 20 quid a week more in tax if it paid for the progressive policies outlined by Labour. It would make a life a squeeze for me but I'd pay it for the greater good. What is wrong with these people on 80k plus a year. Why do they not take pride in making it possible to improve the lot of everyone in the country. It should be an honour to be selected. A marker of how well they've done in life to be able to make a difference. That's the problem these days. No sense of pride in the strivers!

If you were a business owner would you be happy paying an employee an extra £100 per week and paying more Corporation Tax on any profits that you were lucky enough to make?

 

[The perfect fumble]

Or it pays for itself by getting more people back into work, who will then pay tax to more than cover it, whilst also driving the economy by them having more money to spend.

It's a similar argument for nationalising rail franchises as they come up. That initial (neutral) expenditure is covered by acquiring the assets of the business and from the fact that all the profits from the business go into the treasury, rather than the 20% or whatever from the corporation tax, whilst the 80% goes to be spent on the German, Dutch or French infrastructure.

Seem like perfectly good uses of public money, spent in the right areas to improve services and make money.

As for the Corbyn radio interview, it's not great that he couldn't remember the actual figure, but at least he didn't just make one up and he only needed to refer to his manifesto to find it. As anyone could.

Oh, I agree, if ever an economy needed some Keynesian impetus it's ours. May knows revenue is going to tank but is so frightened of the neoliberals round her throat she can only think cuts, which will depress the economy further and so the spiral downwards will go on. Her no deal is better than a bad deal plays well with the morons but if she were serious and actually did it, the capital flight and the jobs that would go with it, would see coppers on the streets containing riots in no time. A few thoughtful Tories know this, but they are powerless in a party gripped of neoliberal arseholes happy to have cornered the market in xenophobia and little englandism.

All this bullshit might win her the election, despite her appalling campaign, but whatever the outcome, politically she's a dead woman walking.

 

[brass neck]

Love all these clip of Jeremy Corbyn in days gone by on podiums ranting and raving!

The public can see him for what he REALLY is!

 

[gordondaviesmoustache]

All this bullshit might win her the election, despite her appalling campaign, but whatever the outcome, politically she's a dead woman walking.

That's also true of all politicians, sooner or later.

She is a spineless ****, though. No danger.

 

[Metal Biker]

THAT is why the 5th richest country in the world has a homelessness epidemic and food banks. Bloody food banks.... In Britain.... DISGUSTING!

I don't pay tax anymore because I don't earn enough. So, you're saying people like me are part of the problem? Cheers.

 

[gordondaviesmoustache]

Love all these clip of Jeremy Corbyn in days gone by on podiums ranting and raving!

The public can see him for what he REALLY is!

The half-hearted way he has knitted that tie is disgraceful.

 

[gordondaviesmoustache]

I don't pay tax anymore because I don't earn enough. So, you're saying people like me are part of the problem? Cheers.

I think he's saying the food that they serve in food banks is disgusting.

 

[Hamann Pineapple]

If you were a business owner would you be happy paying an employee an extra £100 per week and paying more Corporation Tax on any profits that you were lucky enough to make?