Calling all Labourites, why do you Labour

[Alan Harper's Tash]

@hilts is correct in what he says as loopholes. Companies do try and move profit to a country where they have an entity and the tax rate is the lowest. Fair? No but the UK has benefitted from this. As has Ireland (you may remember the row at the time when they needed a bailout). There are international efforts to close these loopholes but it’s a slog.

Anyway so let’s say we can agree that the only people we can easily get to contribute more are those that already pay tax. Or borrow the money.

So who would you want to give more money to? Then we can figure out how much and how to pay for it

I’m absolutely not digging you out here - and nor will I necessarily disagree with who will you want to give more money too. I certainly don’t intend or expect to change your mind. I often hear Sir K say the government needs to do/spend “more” but never what “more” is.

I think a huge part of where we are is rate at which people hire purchase these days. That, coupled with the ease to get credit means a lot of people have spent most of their incomes as soon as it comes in.

Payday loan companies should be banned. Business models used by companies such as Brighthouse should be heavily regulated and APR rates capped at a lower rate.

Lifeskills education needs to be improved vastly so people can budget. It’s not too difficult to teach people that if you spend more than you earn consistently, then you won’t last very long. Teaching this is a far more relevant maths skill than being able to recite SOCATOA. Also APR needs to be taught.

Similarly, home economics needs to be reestablished to enable people to cook nutritious food at low cost.

When I finished my GCSEs, I was given the monthly household budget and told to cook for my family for the summer and any money left at the end of the month was mine. I soon found ways to save money!

I try not to buy things on credit where I can, or unless it’s 0% APR.

 

[pirate]

@hilts is correct in what he says as loopholes. Companies do try and move profit to a country where they have an entity and the tax rate is the lowest. Fair? No but the UK has benefitted from this. As has Ireland (you may remember the row at the time when they needed a bailout). There are international efforts to close these loopholes but it’s a slog.

Anyway so let’s say we can agree that the only people we can easily get to contribute more are those that already pay tax. Or borrow the money.

So who would you want to give more money to? Then we can figure out how much and how to pay for it

I’m absolutely not digging you out here - and nor will I necessarily disagree with who will you want to give more money too. I certainly don’t intend or expect to change your mind. I often hear Sir K say the government needs to do/spend “more” but never what “more” is.

i cannot agree with you on that cos its not true.

as to how much, well we could spend an infinite amount more, but how about we attempt to raise more tax and then spend the amount of extra money we raise. that seems a much more sensible plan than spending the money and then trying to raise the tax.
the aim would be an extra 50 billion, but you would only spend what you raise.

 

[metalblue]

I think a huge part of where we are is rate at which people hire purchase these days. That, coupled with the ease to get credit means a lot of people have spent most of their incomes as soon as it comes in.

Payday loan companies should be banned. Business models used by companies such as Brighthouse should be heavily regulated and APR rates capped at a lower rate.

Lifeskills education needs to be improved vastly so people can budget. It’s not too difficult to teach people that if you spend more than you earn consistently, then you won’t last very long. Teaching this is a far more relevant maths skill than being able to recite SOCATOA. Also APR needs to be taught.

Similarly, home economics needs to be reestablished to enable people to cook nutritious food at low cost.

When I finished my GCSEs, I was given the monthly household budget and told to cook for my family for the summer and any money left at the end of the month was mine. I soon found ways to save money!

I try not to buy things on credit where I can, or unless it’s 0% APR.

This is a brilliant post mate. I know no one is forcing them too buy this stuff but when it’s dangled in front of them as accessible and they see folk buying this for their loved ones on social media they want to be in that crowd. Companies like Brighthouse and the such play on this

 

[BrianW]

Because, for most of my life, they have been the lesser of two evils. (I am too young to have voted when decent Tories like Macmillan were around).

Secondly because of our stupid FPTP voting system. Round here it's either Labour or Tory. In other places it's Lib-Dem or Tory. If we have a PR voting system like modern, civilised countries do, I would possibly vote Green or the new Volt UK. In this country, that's a wasted vote. If I lived in Wales I would probably vote for Plaid, and if I lived in Scotland I would definitely vote SNP. But I don't, so Labour is the practical choice. Given that I loathe the present Tories with every fibre of my being - they make Thatcher look like a) competent b) human and c) moderate, which shows how far down the sewers we've gone.

 

[PannickAtTheDisco]

I tend to find the Labour voters on here labour the point, but maybe that is the point after all.

 

[metalblue]

i cannot agree with you on that cos its not true.

as to how much, well we could spend an infinite amount more, but how about we attempt to raise more tax and then spend the amount of extra money we raise. that seems a much more sensible plan than spending the money and then trying to raise the tax.
the aim would be an extra 50 billion, but you would only spend what you raise.

This is quite a good idea IMHO. I have no sympathy for the likes of Tesco but collecting an additional online sales tax which could then be used to plug the gap left in local authority coffers (due to store closures on the high street) as well as increasing revenue for the treasury is a good and equitable idea.

Tesco tells chancellor to hit online rivals with sales tax

Boss Ken Murphy has asked Chancellor Rishi Sunak for a "level playing field" when it comes to tax.

www.bbc.co.uk

 

[Rascal]

I tend to find the Labour voters on here labour the point, but maybe that is the point after all.

Out of interest why do you think the Labour party exists?