The Labour Government

Exactly, will they fuck, for every extra house someone owns they should double the tax like they’ve done in Wales, and fir every subsequent one it should double again, watch those houses come back on the market.

exactly - the worst that could happen is an increase in supply in a demand saturated market - that usually leads to a fall in sale prices too so a mard arsed "patriot" leaving because of tax gets an extra slap on the bum on the way out
 
Yes. Slightly confused given I agree that the projection is a decline in world population at the turn of the century based on fertility rates. Am I missing something?
Seems I may have misunderstood your position thought you were saying population was currently reducing.
 
Rents going up
Energy bills going up
Grocery bills going up
Entertainment prices going up.

How does anyone on the minimum wage manage to have any money once they have covered their expenses?

But yeah, let's get wound up about dem foreigners coming here sleeping with our food and eating our women!

Whilst we fight amongst ourselves those cunts spouting hate and misinformation are getting richer. Aided by their media pals feeding us a diet of bullshit.

Minimum wage has gone up.
Wages have gone up.
 
Minimum wage has gone up.
Wages have gone up.
We've discussed this already. It goes up every year, even under the Tories it went up EVERY year. LW in April, MW in October. It's nowhere near what it should be though (£17 an hour) and is only just over £12.
Labour promised a huge increased and have failed to deliver.
 
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We've discussed this already. It goes up every year, even under the Tories. It's nowhere near what it should be (£17 and hour) and is only just over £12.
Labour promised a huge increased and have failed to deliver.

‘Much of the surge in inflation has been caused by the big increase in the minimum wage, which has made it more expensive to hire staff.

That has resulted in many firms passing on the costs in the form of higher prices – or in other cases cutting back the workforce ‘’

So on that basis and with current inflation figures- we should be increasing the minimum wage much more ?
 
‘Much of the surge in inflation has been caused by the big increase in the minimum wage, which has made it more expensive to hire staff.

That has resulted in many firms passing on the costs in the form of higher prices – or in other cases cutting back the workforce ‘’

So on that basis and with current inflation figures- we should be increasing the minimum wage much more ?
Yes, by not allowing businesses to hoard the profits and instead invest that money back into their workforce. Because when people have money to spend, they will inevitably spend it on certain non-essential comforts. That spending by the public boosts the economy, which boosts investment, which results in more profits, which rises wages, which causes the public to spend more.

Nobody is buying because everyone is 'hoarding' their meagre wages just to get by on basic necessities. Staff members are doing the job of two, or sometimes three people in the retail and hospitality industries and nobody gives a shit about them, but they're the industries which keeps the ecomony afloat. Bottom line; business profits MUST be seen to be passed on to their staff. Not all, but a portion. Labour has no scheme in place to propose this.

You say "Ooh wages have gone up!" But the average number of hours worked per week per staff member has DECREASED, negating the increased wage and Labour is doing nothing about it!

Here's what you're advocating for here; cheap labour. Have people work a pittance to keep you in the lifestyle you are accustomed to, whilst having them accept their lot in life. Now, where do you suppose we get people who would accept such a pittance of a wage, do the same jobs and not complain about it because we could threaten them? Hmm, well, you've all tried shaming people into it, calling them 'lazy' and 'not wanting to do those sorts of jobs'...

If you can't see how you were on the wrong side yet...
 
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I am glad you agree savings must be made.

I am not yet at state pension age but I have also suggested changes to the pension to my own detriment. For me personally, I am not looking to any political party to make me personally any better off, I accept that given the state of the nation's finances that is not going to happen. My view is that we must all take a hit.
Here is a copy of post I made in July.....
View attachment 167109
I'm not sure any party would be able to go near much of this. It's a list of stuff that will be almost universally unpalatable across the electorate as well as the political establishment for many reasons.

Just starting with your first point:

"We must raise taxes initially"-which taxes, on whom, for how long, how is the extra income spent?

£50bn off the welfare budget: most "welfare" goes on the state pension, other pensioner benefits and benefits for those IN WORK.

I get your gist but this is probably a 20 year project rather than anything a single party can ever contemplate.

Thanks for the time and effort though, it's certainly a good change to those that snipe without ever having a constructive thought in their brains(welcome back Big Joe).
 
‘Much of the surge in inflation has been caused by the big increase in the minimum wage, which has made it more expensive to hire staff.

That has resulted in many firms passing on the costs in the form of higher prices – or in other cases cutting back the workforce ‘’

So on that basis and with current inflation figures- we should be increasing the minimum wage much more ?

I can only imagine you're not on minimum wage fella, you sounded a tad Tory there if I may be so bold.
 
I can only imagine you're not on minimum wage fella, you sounded a tad Tory there if I may be so bold.
Quite interesting watching Labour supporters having to come to terms with a Labour government cutting welfare spending and grappling with the unintended consequences of minimum wage increases.

Their rhetoric when Conservatives were talking about the need to address these issues was that we were nasty, evil, fascists who had zero empathy for the plight of the less well off.

Not true, never has been true, we want many of the same things, just have different ideas about how we get there. Would be nice if we could return to the good old days when political disagreements weren't so toxic.
 
Quite interesting watching Labour supporters having to come to terms with a Labour government cutting welfare spending and grappling with the unintended consequences of minimum wage increases.

Their rhetoric when Conservatives were talking about the need to address these issues was that we were nasty, evil, fascists who had zero empathy for the plight of the less well off.

Not true, never has been true, we want many of the same things, just have different ideas about how we get there. Would be nice if we could return to the good old days when political disagreements weren't so toxic.

You find out quite a lot when a posters party of choice gets in power, never seen so many people fall.off their high horses. No wonder A&E is always packed:-)
 
Quite interesting watching Labour supporters having to come to terms with a Labour government cutting welfare spending and grappling with the unintended consequences of minimum wage increases.

Their rhetoric when Conservatives were talking about the need to address these issues was that we were nasty, evil, fascists who had zero empathy for the plight of the less well off.

Not true, never has been true, we want many of the same things, just have different ideas about how we get there. Would be nice if we could return to the good old days when political disagreements weren't so toxic.
I think the major issue with the Tories doing it, was that at the same time as they were looking for cuts in welfare, they were doing nothing at the other end regarding taxation.

A close friend had a very good DB pension that was then transferred into a SIPP due to ill health. He was well above the old life time allowance. At the stroke of a pen, the removal of the LTA made him effectively £750000 better off as he was no longer subject to a re-assessment at 75. Great news for him.
 
I think the major issue with the Tories doing it, was that at the same time as they were looking for cuts in welfare, they were doing nothing at the other end regarding taxation.

A close friend had a very good DB pension that was then transferred into a SIPP due to ill health. He was well above the old life time allowance. At the stroke of a pen, the removal of the LTA made him effectively £750000 better off as he was no longer subject to a re-assessment at 75. Great news for him.
The conservative answer to getting more money into the hands of the less well off is to raise the threshold at which they start paying tax, as per the Reform policy at the last election (£20,000).

The cost is offset by the fact that if you give the less well off more money they tend to spend it if they can, which, if you multiply the effect by millions of individuals having more money to spend, is a massive driver for economic growth which in turn increases tax revenue. It also doesn't force businesses to put up prices or lay off staff.
 
The conservative answer to getting more money into the hands of the less well off is to raise the threshold at which they start paying tax, as per the Reform policy at the last election (£20,000).

The cost is offset by the fact that if you give the less well off more money they tend to spend it if they can, which, if you multiply the effect by millions of individuals having more money to spend, is a massive driver for economic growth which in turn increases tax revenue. It also doesn't force businesses to put up prices or lay off staff.
Is that the conservatives who froze thresholds until 2026?

As we are right now, no Labour extension has taken effect as the freeze has been extended till 2028. IIRC, the cost is £80bn to move to £20k tax and NI free. It should be a long-term aspiration though as it makes no sense to tax Minimum wage for example.
 
Is that the conservatives who froze thresholds until 2026?

As we are right now, no Labour extension has taken effect as the freeze has been extended till 2028. IIRC, the cost is £80bn to move to £20k tax and NI free. It should be a long-term aspiration though as it makes no sense to tax Minimum wage for example.
Your first sentence should have a capital c, mine quite deliberately had a small c ;).

Any movement of the tax threshold would have to be accompanied by serious and real cuts to government spending or the bond markets would freak out. We are unfortunately in a situation where any tax cuts must be paid for by cuts elsewhere, despite the fact that some tax cuts are a positive for the economy. In a bit of a bind aren't we?
 
Your first sentence should have a capital c, mine quite deliberately had a small c ;).

Any movement of the tax threshold would have to be accompanied by serious and real cuts to government spending or the bond markets would freak out. We are unfortunately in a situation where any tax cuts must be paid for by cuts elsewhere, despite the fact that some tax cuts are a positive for the economy. In a bit of a bind aren't we?
"C"(untservatives).

Easiest targets for cuts are?
 
Just tax the fucking rich
Back to your usual moronic comments I see, after a very brief respite.

(a) What do you classify as "the rich"?
(b) Are they not paying any taxes already?
(c) And yes @Blue Maverick the very rich will just fuck off because, guess what they choose where they want to live and probably have homes in London AND god knows where else.
(d) And if IfIwasonly.... means tax "the not very rich", like people on say £100k per year or £200k per year, then they are paying plenty already. The marginal rate of tax of 47% (45% plus NI) is already a huge disincentive for people to work harder and earn bigger bonuses. If you start taking more than half off them, they they move abroad, not work so hard or retire early rather than keep being fleeced for ever more money. We are already beyond peak Laffer.

If Reeves wants to raise serious money without trashing the economy, the sensible thing to do would be to raise the basic rate of income tax by perhaps 5p and raise the personal allowance to protect those earning the least.
 
Back to your usual moronic comments I see, after a very brief respite.

(a) What do you classify as "the rich"?
(b) Are they not paying any taxes already?
(c) And yes @Blue Maverick the very rich will just fuck off because, guess what they choose where they want to live and probably have homes in London AND god knows where else.
(d) And if IfIwasonly.... means tax "the not very rich", like people on say £100k per year or £200k per year, then they are paying plenty already. The marginal rate of tax of 47% (45% plus NI) is already a huge disincentive for people to work harder and earn bigger bonuses. If you start taking more than half off them, they they move abroad, not work so hard or retire early rather than keep being fleeced for ever more money. We are already beyond peak Laffer.

If Reeves wants to raise serious money without trashing the economy, the sensible thing to do would be to raise the basic rate of income tax by perhaps 5p and raise the personal allowance to protect those earning the least.
Can’t take their homes with them though. How many millions, Ferraris etc do you need? Also tax those twats Amazon etc
 
Back to your usual moronic comments I see, after a very brief respite.

(a) What do you classify as "the rich"?
(b) Are they not paying any taxes already?
(c) And yes @Blue Maverick the very rich will just fuck off because, guess what they choose where they want to live and probably have homes in London AND god knows where else.
(d) And if IfIwasonly.... means tax "the not very rich", like people on say £100k per year or £200k per year, then they are paying plenty already. The marginal rate of tax of 47% (45% plus NI) is already a huge disincentive for people to work harder and earn bigger bonuses. If you start taking more than half off them, they they move abroad, not work so hard or retire early rather than keep being fleeced for ever more money. We are already beyond peak Laffer.

If Reeves wants to raise serious money without trashing the economy, the sensible thing to do would be to raise the basic rate of income tax by perhaps 5p and raise the personal allowance to protect those earning the least.


Taxing the poor more will slow down economic growth because the lower paid spend every penny they earn. Taxing the rich (those on a million£ a year or with £millions off shore or in the bank) won't affect the economy as all they do is hoard it.

As Ive said on previous posts another stamp duty 1% or 2% on house purchases over £1 million, remove the cheap fuel allowance on boats and yachts , increase the Council tax banding above Band H to take into account larger more valuable homes.

There's ways of doing it..
 

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