The Labour Government

[Vic]

The labour movement was a reaction to more straightforward times, the haves and the have nots, like centuries past when the peasants revolted against the wealthy elite. As a society there is no longer 2 main groups of people.
The peasants are as likely to blame each other as the well to do's and plenty are happy to hang on to what they have.

You used to go into the polling station with a pretty straightforward choice between blue and red. That is no longer the case. Its why the polls look like they do.

That was the problem with the Corbyn era slogan, For the Many not the Few.

There are now too few of the Many.

 

[Brewster's millions]

Probably a bit pissed off he has to pay more on his £2,000,000 mansion.

You mean the mansion tax that's going to cost taxpayers hundreds of millions of pounds in lost revenue over the next couple of years, because of the detrimental impact its going to have on the housing market, before possibly making a bit of money further out?

 

[Snape]

Baby boom incoming

 

[WRicko]

He's not taxing companies or the very rich enough, he needs to be braver on inequality of wealth, he's not leading he's gets sucked into media negatives and is shit scared of Reform, his welfare reform attempts have been embarrasing.
Arresting protesters on masse and it sounds like he's about to scrap some jury's sitting. Its a bit too authoritarian.
Frankly he sold himself to the members as a socialist, he ain't. He's a charlatan who only cares about his legacy of becoming PM. You could quite easily slap a blue rosette on him. He's about as radical as one of his beige suits.
Anyhow let's see what tomorrow looks like. Let's see how much he throws to those struggling and how much he's prepared to take off the very wealthy. The people who are no doubt in his 'circle'

Highest tax burden in history, mansion tax, changes to IHT, and Pensions and national insurance and minimum wage very much hitting business and the wealthy and lots of spending. He is clearly to the left of Tony Blair and clear taxing the rich more than he did and clearly to the left and taxing the rich more than any Tory since Thatcher.

Jury trials are not working most people are probably to thick for the very complex cases. Let’s not pretend he is scrapping all jury trials or is some facist dictator just to try and make silly points

What welfare or tax reforms do you want ?

 

[Don Karleone]

I'm glad that the 2-child cap is going, but it does make me laugh that they're trying to take credit for it.

 

[WRicko]

I don't think he can do or is wired to do anything else, that was really my point. To make a difference he'd need to be making wholesale change to the tax system, trying to build or join a coalition to put some guide rails around big tech and a raft of other things he just doesn't have the political capital, allies or will to do. The things he can do and will try to do won't deliver enough to buy him the capital he needs to do the things that might start to make a difference.

All that said right now if he could fix the shitshow of the Blue Car Park I'd vote for him. I might even be inclined to let him pick the f***king team.

Not clear what changes you want regarding tax.

What about the online safety bill ?

 

[The Black Shed]

I'm an EV owner and have to say apart from the zero emissions and the 'I'm doing my bit for the planet' moral side of it, there isn't really an incentive anymore for going electric. I pay road tax, I pay tax on the electric bill to charge it, so why stick an extra 3p/mile as yet another tax? Supposedly that's going to help maintain the road network because these things are damn heavy and will degrade the surfaces quicker than normal. What Reeves might have missed is the roads need completely ripping up, relaid and strengthened - everywhere! That will cost billions.

So much for the green car revolution; as much as I want it, we are miles behind and playing catch up with the infrastructure. Battery technology will no doubt improve and that means smaller, lighter systems, but years away from that at the moment.

 

[Vic]

Plenty of parallels between then and now. Divide and conquer tactics from the wealthy elite. Self-stratification and in fighting by working people, often based around specific trades seeing themselves as better than others. Big identity divisions between people from rural vs urban backgrounds. Philanthropy by elites offered up as a better model than government doing the job. Plenty of deliberately fermented racism and xenophobia. Bloody Irish navvies coming over here taking our jobs and bringing their religion with them too; fleeing from starvation my arse they're all just economic migrants.

As for the idea that there are not two main groups of people, I think we're increasingly returning to that it's just not recognised to be the case by enough people yet and some that do recognise it have had their heads turned by charlatans.

The labour movements didn't easily coalesce and rise up, plenty of false starts, failed attempts and decades of work. The biggest problematic difference between then and now imo is the rate of pace of charge. We don't have decades for us to get our shit in a pile

Irish navvies?

All those English people living in the workhouses couldn't build canals?

 

[WRicko]

You would have thought Badenoch would have had time to write a response to the budget rather than just a list of insults she uses every week.

She was horrible and pathetic

 

[Vic]

I don’t really see the logic here.

Someone at OBR, which isn't part of the government or Starmer's responsibility at all leaks the 2025 budget, so Labour can't point out the last Tory budget destroyed the economy?

Someone has fucked up here, I don't see how it's Labour. The OBR is independent and supposed to be given the budget by the government ahead of time. Whoever leaked it has nothing to do with Labour and has clearly done this to damage them/undermine the Chancellor.

Meanwhile the markets have reacted well to the budget.

Unlike Truss, at least Labour asked the OBR.

(Edit: I've just heard someone say it will please Truss as it justifies her not asking the OBR about the effect of her budget proposals!)

 

[Vic]

How you meant to listen with all the jeers and cheers, cattle prod the lot of them the cringey wankers.

Is that just the modern Tories? Tradition was the budget speech was an exception to that sort of behaviour.

 

[WRicko]

They’ve taken a pessimistic view on growth so this might well be the case.

I think the growth figures are way out and will be much better than expected going forward.

They are currently low in fact lower after this year. Yet the things affecting growth, inflation, Trumps tariffs, war in Ukraine, Middle East will be over at some point.

We don’t seem to have any positives despite the AI growth Zones, increased spending on public services, especially capital, increased investment, increase defense spending especially domestically and again in capital, more devolution more spending on transport, more spending on for example airports, second Thames crossing etc

 

[denislawsbackheel]

You mean the mansion tax that's going to cost taxpayers hundreds of millions of pounds in lost revenue over the next couple of years, because of the detrimental impact its going to have on the housing market, before possibly making a bit of money further out?

Oh do fuck off!
Pray tell how some London wanker in his £4 million gaff paying a bit more tax will affect the Manchester flat market.

 

[hilts]

Highest tax burden in history, mansion tax, changes to IHT, and Pensions and national insurance and minimum wage very much hitting business and the wealthy and lots of spending. He is clearly to the left of Tony Blair and clear taxing the rich more than he did and clearly to the left and taxing the rich more than any Tory since Thatcher.

Jury trials are not working most people are probably to thick for the very complex cases. Let’s not pretend he is scrapping all jury trials or is some facist dictator just to try and make silly points

What welfare or tax reforms do you want ?

I was reading through and about to reply then you said let's not pretend he's scrapping all jury trials, I never said that or made out he was a fascist dictator and I dont really have the urge to debate with liars and govt lackeys.
You will need to put words in other posters mouths because im not playing.

Off you pop.

 

[Brewster's millions]

Oh do fuck off!
Pray tell how some London wanker in his £4 million gaff paying a bit more tax will affect the Manchester flat market.

I'm quoting the government's own figures, which concede that the tax will reduce transactions and cost the taxpayer hundreds of millions over the next couple of years, before any net gain is potentially established.

Perhaps you should read the documents and then you'd have an informed opinion.

 

[hilts]

That was the problem with the Corbyn era slogan, For the Many not the Few.

There are now too few of the Many.

Hard to argue with that.

 

[Millwallawayveteran1988]

Looks like the budget has been quite well received by the bond markets.

 

[Brewster's millions]

You’ll get a load of waffle about bond markets. You will wish you never asked.

That's right.

Why would anyone want to care or question what's happening in bond markets, when the circus surrounding the government over the past year has been driven in large part by, er, bond markets?

Anyway, the good news is that the estimate for gilt interest payment costs for the forecast period has only increased by £41bn since last year's Budget.

I'm sure we'll agree that an extra £41bn is an irrelevance to taxpayers. And as you've pointed out previously, the UK can't go bankrupt with the FTSE at these levels.

 

[Vic]

You mean the mansion tax that's going to cost taxpayers hundreds of millions of pounds in lost revenue over the next couple of years, because of the detrimental impact its going to have on the housing market, before possibly making a bit of money further out?

Is that you trying to claim that the mansion tax will reduce house prices so much that lost stamp duty will cost more than what the mansion tax will raise?

 

[Earlyriser]

You mean the mansion tax that's going to cost taxpayers hundreds of millions of pounds in lost revenue over the next couple of years, because of the detrimental impact its going to have on the housing market, before possibly making a bit of money further out?

I' m more concerned about the loss of £81 billion in lost tax each year as the result of Brexit