The Conservative Party

[Alan Harper's Tash]

State of the headline about Meghan too, really have to be a sad **** to fall for anything the mail pushes.

She’d have been better off marrying Stormzy and starting a musical career if she wanted to emulate Beyoncé.

 

[Scottyboi]

She’d have been better off marrying Stormzy and starting a musical career if she wanted to emulate Beyoncé.

Terrible management by her agent!

 

[carlosthejackal]

I don't claim to know more than experts, but I would bet my mortgage that interest rates will be nowhere near 6% by then.

But incidentally they were saying well before any hint of Friday's tax cut that rates would go to 6% or 7%,

 

[domalino]

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Of course it is , financial markets predicting interest rates at 6% by March next year .

This headline being true would just show how badly he fucked up last week.

You're not supposed to be drawing up new tax cuts 3 days after announcing a mini-budget.

 

[Gabriel]

 

[paulchapo]

The problem is that the significant tax cuts only effect those with very high incomes who are relatively small in number and plenty of which will simply stash their windfall away.

The more modest tax cuts awarded to the lower income tax payers who are larger in number and far more likely to spend any surplus will be more than eaten up by the increased bills everyone is facing..

Kwarteng's policy cannot therefore stimulate the economy.

They need to actually do something that really helps the majority in society who are struggling. How about cutting tax altogether for anyone earning less than £20,000 a year in pay or pensions? I'm sure a couple of pence extra on the very rich could pay for it and they'd hardly notice it. The idea that this extra money those at the top are benefitted from will trickle down is ludicrous. Also making it more appealing for businesses to invest here again doesn't help those at the bottom. They'll just open more businesses paying minimum wages which helps nobody as there's an abundance of those jobs already out there.

 

[Chippy_boy]

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Putting it is size 50 font doesn't make it true. Who the fuck is Paul Donovan anyway? Might be Jeremy Corbyn's pal for all we know.

 

[Chippy_boy]

They need to actually do something that really helps the majority in society who are struggling. How about cutting tax altogether for anyone earning less than £20,000 a year in pay or pensions? I'm sure a couple of pence extra on the very rich could pay for it and they'd hardly notice it. The idea that this extra money those at the top are benefitted from will trickle down is ludicrous. Also making it more appealing for businesses to invest here again doesn't help those at the bottom. They'll just open more businesses paying minimum wages which helps nobody as there's an abundance of those jobs already out there.

Broadly I agree, and I have long argued - even on here - for a simpler tax system where no-one on less than about £20k should pay any tax at all. But I do not agree about the trickle down bit. More companies investing in the UK means more tax revenues, more employment and tax revenues from that, and if there are labour shortages, higher wages too. You cannot say that more inward investment into the UK would be anything other than a good thing.

 

[twosips]

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Bloody lefties hey!

 

[twosips]

Putting it is size 50 font doesn't make it true. Who the fuck is Paul Donovan anyway? Might be Jeremy Corbyn's pal for all we know.

Someone exceptionally well qualified to assess this I'd guess.