General Election June 8th

Who will you vote for at the General Election?

  • Conservatives

    Votes: 189 28.8%

  • Labour

    Votes: 366 55.8%

  • Liberal Democrats

    Votes: 37 5.6%

  • SNP

    Votes: 8 1.2%

  • UKIP

    Votes: 23 3.5%

  • Other

    Votes: 33 5.0%
  • Total voters
    656
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Blue Mooner said:
You're right to say that it isn't corporation tax in its own right that will dictate growth or otherwise but to think that it won't damage productivity or impact growth is a complete nonsense.
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But it's not complete nonsense as there is no accurate way of predicting the impact of raising tax rates on actual receipts. So for example, the receipts from corporation tax increased markedly in 2016-17 compared to the previous year, in defiance of the Treasury's own forecasts. There are numerous reasons why that should be so but one is, as I said earlier, that companies are hoarding cash rather than investing it (they invested 2% less in the same fiscal year) thereby increasing profits.

If you invest the cash in your balance sheet, costs will almost certainly go up in the short to medium term until the returns from that investment feed through to revenue.
 
I wish everybody would stop comparing economic growth with various governments socialism does not give a fuck about growth, it's all about state control. Back in the seventies Tony Benn wanted to close down the stock exchange. Now if I was a clause four man I could understand this. But the left try to deceive you, pretending they are all for private enterprise. This flies in the face of Frederich Engels and Karl Marx, these people are the disciples of Corbyn. When I was young I read selected works of Marks and Engels, and of course Das Capital. Now it all seem very good when you read it, in reality, it is a state run nightmare do not fall for this nightmare.
To me, at my age, comfortable no money worries, it will not affect me, but I care about the future, so again I implore you please do not fall for the socialist lies, it did not work in the seventies it will not work now!
 
Peggy's a blue said:
I read these posts, with despair can we please get to the real Marxist world that Corbyn believes in. Growth of the economy does not figure in the mantra.
It is all about state control of everything. Anybody who has read Marx and Engels would know the stock market would be the first thing a true Socialist would close down.
It is everything the true Socialist would not want is to see foreign or indeed, any investment in our country. Clause four, in itself, dictates that state ownership is the order of the day.
The state in charge of all our lives is the ultimate. The freedom all the people now enjoy would be a thing of the past. Total dependency on the state, will follow.
Why do you think people wanted to escape from communist east Germany, why do you think the destruction of the Berlin Wall was met with such joy.
Be very careful what you wish for my fellow Citizens, because if you vote for a man, who is clearly anti capitalist, appeaser of murderers and will bankrupt the country, a decade of misery the country has never known since the thirties will surely follow.
We need to control immigration, we have enough people in this country to deliver all it needs, it is a lie that we need immigrants to fulfill this. We did not need immigration between 1939 to 1945 to keep our country mobilised against the German threat. We do not need it now. It is true that immigrants have filled gaps in our NHS, but that is down to our failure to train up our population. Are we saying that among our 65 million population we cannot train enough people to fulfil our needs? Total nonsense.
Please do not vote for a anti British party who will wreak havoc amongst the people I love, yes I love you all, if what I fear could happen, happens, you will see the end of forums like this, yes I have read Mark and Engels it is not the society you guys would want to live in, please believe me.
All the best to you all. Peggy.
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Thanks Lynton.
 
Len Rum said:
Quick question to you.
Who picked up the tab after the global financial crisis of 2008?
Think about it.
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Len, I was brought up in a socialist house. My father was a clause four man, he made me read Mark/Engels I thought it all sounded good. When I grew up, I found all the things my father and Karl said, did not seem to fit in the world that I was living. It all seemed a contradiction, at that point I started to question my father, but all he kept saying was "profit is theft" et al at that point, o thought to myself, I will think for myself, and, that's what I did.
My father was in engineering he worked on a machine all his life, and, retired with nothing.
I went into business was very fortunate and became a professional in the oil recovery industry. I am not wealthy by any means, but I have a house in Derry and a beautiful finca in Spain, where I am now.
If people vote for Corbyn, there is no way, the kind of life I now enjoy will be possible.
 
Peggy's a blue said:
I wish everybody would stop comparing economic growth with various governments socialism does not give a fuck about growth, it's all about state control. Back in the seventies Tony Benn wanted to close down the stock exchange. Now if I was a clause four man I could understand this. But the left try to deceive you, pretending they are all for private enterprise. This flies in the face of Frederich Engels and Karl Marx, these people are the disciples of Corbyn. When I was young I read selected works of Marks and Engels, and of course Das Capital. Now it all seem very good when you read it, in reality, it is a state run nightmare do not fall for this nightmare.
To me, at my age, comfortable no money worries, it will not affect me, but I care about the future, so again I implore you please do not fall for the socialist lies, it did not work in the seventies it will not work now!
Click to expand...

Back to the seventies eh? If he bring back the mini skirt and Mars Bars like they used to be I'm all for it.
 
softlad said:
678056c81b1dc2cbe3597a8193187042.jpg


Ok, I've seen this doing the rounds today. How does it, or doesn't it hold up.

My thoughts are seems heavily dependent on the fact that 2010 we were coming out of the financial crisis, and inflation would've affected it.

What are your thoughts?
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It's shows that the envy crew constantly spouting on about the poor and working classes have somewhat overstated their position. Not overly surprising because that's what they do.
 
Here we go again , 45 mins of bluster with no real answers.

Expect someone to claim a bias audience ny 9:45.

I don't know.if I can be arsed with another one of these.
 
Prestwich_Blue said:
But it's not complete nonsense as there is no accurate way of predicting the impact of raising tax rates on actual receipts. So for example, the receipts from corporation tax increased markedly in 2016-17 compared to the previous year, in defiance of the Treasury's own forecasts. There are numerous reasons why that should be so but one is, as I said earlier, that companies are hoarding cash rather than investing it (they invested 2% less in the same fiscal year) thereby increasing profits.

If you invest the cash in your balance sheet, costs will almost certainly go up in the short to medium term until the returns from that investment feed through to revenue.
Click to expand...

But you're ignoring the fact that a higher corporation tax rate will affect inward investment, which will consequently negatively impact growth.

You're right to say that it's very difficult to predict corporation tax rates accurately which is exactly what makes a nonsense of the Labour government claiming they can fund everything and anything from corporation tax increases!
 
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