The Labour Government

£26000 leads to £2686 (£258.27 weekly) tax and £1073.28 (£20.64 weekly) NI. Take home is £22240.72 or £427.71 a week.

£13,000 leads to £86 (£1.65 weekly) tax and £33.28 (£0.64 weekly) NI. Take home is £12880.72 or £247.71 a week. For 2 people, all values double giving a take home of £25,761.44 or £495.42 a week.

£495.42 - £427.71 =£67.71
Thanks. The replies I made previously had been specifically talking about income tax and personal allowances, therefore NI was not a part of that discussion or included in my calculation. Thanks again though.
 
How many gullible millions will be lapping this up.

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The millions that lap the DM headlines up won’t vote anyway, the DM making money out of gullible fools selling lies to make money. I heard the PM criticising Reform for their racist views not the general population. The media push reform constantly as if the Lib Dem’s don’t exist, the general public that vote are more intelligent than the DM and Sun readers are.
 
The past has nowt to do with us says Sam Wright, Starmer's former adviser. He claims the 'Original Sin' committed by Labour is taking ownership of the disastrous state of the nation in every respect - economic, military and political - after Brexit and 14 years of Tory pillage. (Brown's deregulation leading to the banking meltdown not included though.)
Is that the bankng meltdown that started with Lehmann Brothers, that well known UK, er no, US bank?
 
1. These companies located to Iraland and NOT the UK, whilst we were in the EU.
2. Your point on skills and workforce availability is of course a factor - it would be daft to argue otherwise. But do think that Ireland was so much better placed than the UK in that regard? Of course it wasn't. The tax regime was the main reason they picked Ireland.

And regards Musk, doubtless Ed fucking arsehole **** Milliband's obsession with driving up our energy bills so he can feel got about reducing the world's CO2 but 0.3%, is a big factor is Musk picking Germany and not the UK.

3. Yes we need to get more people back in work. But how about a bit of stick as well as carrot? All Labour ever want to do is carrot. There's plenty of people genuinely unable to work who could possibly do some work if helped. I am all for helping them. But there's also a load of malingerers who need a kick up their arse and stop moaning about "But it's affecting my mental heath" when they mean "I don't like it, I get stressed". Many of them need to suck it up and get a job

Before anyone jumps down my throat (doubtless the usual communists will anyway), I am NOT saying this is everyone, but it is undeniably a certain cohort.
Nothing would give people a bigger kick up the arse then to make work pay because work has paid less and less over time. The public sector has for example seen only pay freezes for over a decade which is why they're asking for such large pay rises. Not working has indeed become somewhat endemic but that's just a product of the alternative becoming a much poorer choice or even pointless.

Working full time on the minimum wage of £12.21 gets you £1807pm before pension/tax/NI. A flat near me is £900pm so that doesn't leave you with much for food, bills and everything else. For those in the south (where most people live) it is literally impossible to live off that wage. So I just ask for such people what is actually the point in working?

If you worked on the minimum wage instead of being on benefits then could you afford a house? Could you afford to pay your rent and bills? Doubtful. Your standard of living at best is essentially the same or maybe worse. This is why people are making that choice and yes it's lazy but that's just a difference of principle and not a difference of end reality. For many working or not working is the same thing, you're still poor at the end of the day.

I'm not making excuses for them but if you want to give people a kick up the arse then strangling them is the wrong way to go about it. Making work pay, giving people livelihoods to enable them to enjoy life and enable simple things such as owning a home is the way. Funnily enough people with spare cash in their pockets often go out and spend it so it's a job creation scheme in itself.

The alternative is to ignore people and yes implement a world where Tesco can make £2.4bn this year instead of £2bn with much of that not being reinvested but instead going to shareholders who don't even live or pay tax here, brilliant......
 
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She's gone and still in your head. Keep up the good work, Angie.
On that basis I’d better get all my criticisms of Reeves out of the way in the next few months before she departs then.

Terrible speech today from her today. A poor speech with appalling delivery.
 
Nothing would give people a bigger kick up the arse then to make work pay because work has paid less and less over time. The public sector has for example seen only pay freezes for over a decade which is why they're asking for such large pay rises. Not working has indeed become somewhat endemic but that's just a product of the alternative becoming a much poorer choice or even pointless.

Working full time on the minimum wage of £12.21 gets you £1807pm before pension/tax/NI. A flat near me is £900pm so that doesn't leave you with much for food, bills and everything else. For those in the south (where most people live) it is literally impossible to live off that wage. So I just ask for such people what is actually the point in working?

If you worked on the minimum wage instead of being on benefits then could you afford a house? Could you afford to pay your rent and bills? Doubtful. Your standard of living at best is essentially the same or maybe worse. This is why people are making that choice and yes it's lazy but that's just a difference of principle and not a difference of end reality. For many working or not working is the same thing, you're still poor at the end of the day.

I'm not making excuses for them but if you want to give people a kick up the arse then strangling them is the wrong way to go about it. Making work pay, giving people livelihoods to enable them to enjoy life and enable simple things such as owning a home is the way. Funnily enough people with spare cash in their pockets often go out and spend it so it's a job creation scheme in itself.

The alternative is to ignore people and yes implement a world where Tesco can make £2.4bn this year instead of £2bn with much of that not being reinvested but instead going to shareholders who don't even live or pay tax here, brilliant......
Very good post and gives thought to the differences in wealth. There’s a lot of those people working at the likes of Tesco who are also claiming in-work benefits or some form of housing benefit, yet their CEO takes home a whopping £10 mil a year in various renumeration packages. Just think about that for a second, a company making £3 Billion per year, with the heads of the company getting multi-million pound packages, being subsidised by the tax payer.

If you want to know where all the money goes, this is a perfect example.
 
On that basis I’d better get all my criticisms of Reeves out of the way in the next few months before she departs then.

Terrible speech today from her today. A poor speech with appalling delivery.
You just hate anything Labour. Didn’t listen to it myself but there’s many, of either persuasion, who have said it was a good speech, probably one of her best.

Ps. Is your real name Rees-Mogg?
 
You just hate anything Labour. Didn’t listen to it myself but there’s many, of either persuasion, who have said it was a good speech, probably one of her best.

Ps. Is your real name Rees-Mogg?
One of her best speeches doesn’t make it a good speech.

The delivery was terrible, like she was reading out someone else’s speech. And the way she kept on repeating the line about the difference between a Conservative and Labour government was weird- it don’t land the first time she said it and then she kept on repeating it.
 

Under the proposals, legal migrants will have to learn English to a high standard, have a clean criminal record and volunteer in their community to be granted permanent settlement status.

errr .......... "have to volunteer"? If you have to volunteer then its not volunteering is it?
Pandering to Reform again. Rather than attacking them and trying to make life better for the majority.
 
Is that the bankng meltdown that started with Lehmann Brothers, that well known
UK, er no, US bank?
Correct, but do acquaint yourself with Gordon's version of events, certainly not alone in responsibility for what happened but he made some very big mistakes and our economy in particular was badly damaged because of the importance of the financial sector.

 
One of her best speeches doesn’t make it a good speech.

The delivery was terrible, like she was reading out someone else’s speech. And the way she kept on repeating the line about the difference between a Conservative and Labour government was weird- it don’t land the first time she said it and then she kept on repeating it.

This sudden turn of posters hating a political party just because of who they are and them not being their side has got to stop.

This forum was always well balanced in that respect and its upsetting to see such partisan posting all of a sudden tbh.
 
One of her best speeches doesn’t make it a good speech.

The delivery was terrible, like she was reading out someone else’s speech. And the way she kept on repeating the line about the difference between a Conservative and Labour government was weird- it don’t land the first time she said it and then she kept on repeating it.
I agree re the Lab/ Con comparison but rather than her delivery, what pissed you off with the content ?
 
RBS, Lloyds, Northern Rock, Bradford and Bingley. All US banks as well I suppose?
My point was that the post I replied to blamed Brown's deregulation for the banking crisis as opposed to reality which was:

"It stemmed from the bursting of the U.S. housing bubble and the subsequent collapse in the value of mortgage-backed securities, triggering a loss of confidence in the banking system worldwide."

Yes, some deregulation had taken place but it was far from being the main reason for the meltdown. Anyway aren't you far right wingers all for a reduced state with a light regulatory touch?
 
One of her best speeches doesn’t make it a good speech.

The delivery was terrible, like she was reading out someone else’s speech. And the way she kept on repeating the line about the difference between a Conservative and Labour government was weird- it don’t land the first time she said it and then she kept on repeating it.
Let's face it, she/ they could make you a bloody millionaire overnight and you'd moan and say it should have 2!
 

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