The Labour Government

So you actually want to live in a country that suffers a breakdown of its' finances? Hm, I wonder who the biggest sufferers will be. Not the top 10% or 20% I bet.
The party of the people are about to raise income tax.Hammer pensions left to spouses,Inheritance tax threshold will be hit to.
All to pay for the excessive pay rises for the members.You are about to get fucked by Starmer who lied that he would do none of the above.The only thing certain with the labour party is that they are not the party for hard work or aspiration how very dare you want to better yourself.
 
The party of the people are about to raise income tax.Hammer pensions left to spouses,Inheritance tax threshold will be hit to.
All to pay for the excessive pay rises for the members.You are about to get fucked by Starmer who lied that he would do none of the above.The only thing certain with the labour party is that they are not the party for hard work or aspiration how very dare you want to better yourself.
The "party of the people" are trying to make sure the people don't endure another bout of austerity.

I don't know where you get your news but there's been absolutely no mention in the "normal" press about any changes on pensions left to spouses.

Which "members" are you referring to?
 
How have the Labour Party impacted your life’s for the better in the 14 months they have been in charge, I will go first and say in no way has my life improved its drastically got a lot worse.
Are you a pensioner, low paid worker, renter, have kids that need child care, got a mortgage. If the answer to any of those is "yes", then your life is probably better.
 
To be fair some of that top 1% will be doctors and consultants. A senior consultant would have a final salary income of around 100k per year, that equates to an equivalent defined contribution pension pot of at least £2m.
The biggest problem is the perception that somebody on £100k is wealthy when it just isn't true. Of course somebody on £100k is wealthy compared to somebody on £30k but in the grand scheme of things it doesn't take much to put you in the bracket of a high earner. Somebody on £60k will be in the top 20%, it's because the richest aren't earning a salary.

Income tax isn't the problem, the problem is generational wealth, assets and property but historic governments have never touched this because they themselves are part and parcel of that system. It's a completely different world of wealth that goes beyond people who have just worked themselves into a good career or whatever.

Most MP's are Oxbridge types who are highly unlikely to need to pay their bills from their MP salary. The reason why is they already probably own assets or they've inherited money or they stand to inherit a ton of money because of who their parents were or what they did.

So why would they argue to tax themselves? They haven't which is why we've seen the chancellor hit pensioners last year but they didn't dare touch the millionaires and billionaires who own the £20tn value that is sat locked away in assets.
 
To be fair some of that top 1% will be doctors and consultants. A senior consultant would have a final salary income of around 100k per year, that equates to an equivalent defined contribution pension pot of at least £2m.
Yeah but the top 1% is the top.1% whatever their profession.
 
The Tories are supposed to be the ones who screwed the poorest to pay for their rich mates.

They've got nothing left to give. So now it's the turn of the "upper middle class"

We need a serious change of trajectory.
As the budget been leaked? Seen a few mentions on here about what the budget holds but not seen anything to say that it’s more RW propaganda to rile the natives.
 
As the budget been leaked? Seen a few mentions on here about what the budget holds but not seen anything to say that it’s more RW propaganda to rile the natives.
I think labour HQ is testing the water by briefing their client journalists to gauge reaction.

They have previous.
 
So 11 million people with better rights than yesterday. Will they vote Labour?


No-one really affected by the prisoner gone awol - maybe worry for the women he assaulted - but it's headline news. This? It's all over the Mail, Express and Telegraph. Not.
Who’ll think of the poor landlords though??
 
How have the Labour Party impacted your life’s for the better in the 14 months they have been in charge, I will go first and say in no way has my life improved its drastically got a lot worse.
My wage has increased by one percentage point above rate of inflation .
Your turn….
 
Are you a pensioner, low paid worker, renter, have kids that need child care, got a mortgage. If the answer to any of those is "yes", then your life is probably better.
Yes I’m a pensioner so tell me how my life is better, all my bills have gone up, lost the heating allowance as soon as they came into power also now paying tax so do enlighten me.
 
The party of the people are about to raise income tax.Hammer pensions left to spouses,Inheritance tax threshold will be hit to.
All to pay for the excessive pay rises for the members.You are about to get fucked by Starmer who lied that he would do none of the above.The only thing certain with the labour party is that they are not the party for hard work or aspiration how very dare you want to better yourself.
For all the “self-made” millionaires, this one’s for you….

1761672117536.jpeg
 
Yes I’m a pensioner so tell me how my life is better, all my bills have gone up, lost the heating allowance as soon as they came into power also now paying tax so do enlighten me.
This is like winding the clock back FFS. Your bills are up mainly because of world factors, not direct government policy. Last year the state pension went up 8.5% and another 4.1% this year. Yes, the WFA went (badly done) but has now been reinstated ( which you omitted to admit as it undermines your case).

You would have been paying tax anyway as no personal allowances have changed yet. The only reason you're paying tax on your pension is because you've got more than the state pension coming in.

WE all want lower taxes and prices but is we also want a well paid and motivated workforce, there will inevitably be an impact on some prices. Have a look at Tesco who have increased their profit margins and actual profits whilst moaning about paying higher NI (which funnily enough helps fund your pension).

Be angry by all means but aim at your ire at the real reasons for feeling worse off.
 
Last edited:
The "party of the people" are trying to make sure the people don't endure another bout of austerity.

I don't know where you get your news but there's been absolutely no mention in the "normal" press about any changes on pensions left to spouses.

Which "members" are you referring to?
Trying to avoid austerity by running huge deficits and having to bump up taxation by £40bn each year, every year.

Absolute corker.
 
To be fair some of that top 1% will be doctors and consultants. A senior consultant would have a final salary income of around 100k per year, that equates to an equivalent defined contribution pension pot of at least £2m.
You're a bit out of touch. A Consultant 1st year starting salary is just under 110k per annum. That's the basic. Many also receive out of hours supplements, distinction awards, clinical excellence awards, extra programmed activity payments. Basic salaries for 14+ years of seniority are now over 145k per annum. I reckon most Consultants retiring now will be on closer to 200k.

 
Yeah but the top 1% is the top.1% whatever their profession.
The response was in relation to the glib insinuation that people in the top 1% dont work for their money. There inevitably will be people in the top 1% who just live off assets obtained from inherited wealth, but there will be a sizeable number who have built businesses from nothing, risking everything or who are in senior roles within business after working their way up. The top 0.1% however are a very different kettle of fish.
 
You're a bit out of touch. A Consultant 1st year starting salary is just under 110k per annum. That's the basic. Many also receive out of hours supplements, distinction awards, clinical excellence awards, extra programmed activity payments. Basic salaries for 14+ years of seniority are now over 145k per annum. I reckon most Consultants retiring now will be on closer to 200k.

Well there you go.
 
The response was in relation to the glib insinuation that people in the top 1% dont work for their money. There inevitably will be people in the top 1% who just live off assets obtained from inherited wealth, but there will be a sizeable number who have built businesses from nothing, risking everything or who are in senior roles within business after working their way up. The top 0.1% however are a very different kettle of fish.
You partly misunderstood what I meant, I agree with the above but the top 1% will generally be earning something for sitting around doing nothing, pension pot, savings, house value, assets. It would be unusual tbh not to. Im not sure one can claim investment profit is earnt. The original.capital may well be.
 

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top