Len Rum
Well-Known Member
Couldn't we use the money we used to send to the EU to fund social care?
Just 'askin like.
Just 'askin like.
No, get with it. That money has gone to private hospitals (£2bn) to pay for the catching up.Couldn't we use the money we used to send to the EU to fund social care?
Just 'askin like.
I haven’t decided yet to be honest and I’ll wait for to see the actual policy in more detail first.So, just to be clear, you support an effective 1% tax rise on every pound earned above £9564 pa?
Probably the fairest would be a 1% increase in VAT ring fenced for social care.
You are taxing consumption rather than income which can be avoided or wealth which is very difficult to measure; it’s also the most green. The wealthy spend more on eating out, designer goods, cars, holidays etc. As long as you ensure that food and items such as children’s clothing remain tax free it would raise much more revenue than other methods of taxation and impact those with the most disposable income.
Probably the fairest would be a 1% increase in VAT ring fenced for social care.
You are taxing consumption rather than income which can be avoided or wealth which is very difficult to measure; it’s also the most green. The wealthy spend more on eating out, designer goods, cars, holidays etc. As long as you ensure that food and items such as children’s clothing remain tax free it would raise much more revenue than other methods of taxation and impact those with the most disposable income.
How would that work with the Amazons of this world though I wonder?This. There is something to be said for a wider move away from income based to consumption based taxes because income based taxes do hit the poorest disproportionately hard. Moreover, those who are able to do so often structure their affairs in a way that means they pay a disproportionately low amount of tax. One example is the small business owner who pays himself a low basic salary which is below the tax/NIC Threshold and whose ‘real’ income is from dividends declared out of the company’s profits. (Yes I know those profits are taxable and there is nothing illegal about structuring your affairs this way but the result is that you pay less tax. That’s why people do it.) Under the government’s proposals these people would not be contributing towards social care costs. Sort of ironic, given that these people also got zero help from the government’s furlough schemes.
If I had my way I would shift much more of the overall tax burden away from income taxes, which can often be avoided by the wealthiest in society, and onto consumption taxes, which cannot.
This is a party more than a decade into its reign that has doubled the national debt (pre-pandemic); given a vast increase in homelessness; the lowest state pension in Europe; the collapse of social care; soaring violence on our streets; the highest death toll in Europe, despite being an island; broken promises on housebuilding; 29m views of its leader's lies; cash for lobbying; unlawfully awarded contracts; peerages for donations and now the debacle of Afghanistan and empty supermarket shelves. When will the nation wake up?
I don’t even think that will do it.when labour supporters stop being dicks and just all get behind their party leader.