Labour's plans 
promise bankruptcy for the UK.
promise bankruptcy for the UK.Bankruptcy!
- Thread starter finnbear270
- Start date
The Tories unpublished plans for a middle income tax hike promises plenty of these if you're on more than £40K:
Now who's laughing?
K
Now who's laughing?
K
No mention of getting in the De Lorien & traveling back to the bad old days of notes left in the till though.
Crikey, we are still trying to recover financially from their last stint. Mind you, the other side will just assume everyone earns 50k+ without having a proper plan in place to ensure opportunity for everyone, irrelevant of where you live in the country.
There needs to be some middle ground and there rarely is. Shame. I have no idea who I will vote for this time. Not that it makes much difference with the BS FPTP voting format.
Would like to see proportional representation for a truly democratic process but more chance of today's weather clearing off!
There needs to be some middle ground and there rarely is. Shame. I have no idea who I will vote for this time. Not that it makes much difference with the BS FPTP voting format.
Would like to see proportional representation for a truly democratic process but more chance of today's weather clearing off!
When I saw the title I thought this was another Brexit thread!
K
K
Rasputin
Well-Known Member
Yep hes a ****ing idiot if he thinks I'm going to be paying 50p out of every pound I earn over to him. The guys just a full blown moron but we already knew that. Hopefully when he loses and loses badly he takes himself of to the nearest train station and jumps in front of a high speed train.
For those who don't know what the muppet party proposes:
More than 24,000 words long, the document mentions taxation 38 times. Here are the key takeaways from Labour’s program for the next five years:
For those who don't know what the muppet party proposes:
More than 24,000 words long, the document mentions taxation 38 times. Here are the key takeaways from Labour’s program for the next five years:
- Raise income tax rates for earnings over 80,000 pounds to 45 percent from 40 percent, and to 50 percent for earnings over 123,000 pounds
- Slap 15 percent tax on homes bought with offshore trusts
- Raise 1.5 billion pounds from value-added tax to pay for school fees
- Discourage excessive pay packages by charging companies 2.5 percent for paying employees more than 330,000 pounds. This would raise 1.3 billion pounds
- A “Robin Hood” tax to raise 4.7 billion pounds by extending a financial-transactions levy to cover derivatives and bonds. Financial firms would be charged the tax at 0.2 percent on each transaction, while everyone else would pay 0.5 percent, the rate currently charged on stocks
- Retaining the “triple lock” that guarantees pensions will rise every year by whichever is highest: the rise in earnings, inflation, or 2.5 percent
- Building 100,000 affordable homes per year for rent or sale
- Putting the railways back under government control as and when franchises expire
- Taking the energy transmission and distribution networks back into government control and setting up public gas and power utilities to compete with the private sector
- Nationalizing water utilities
- Promising to derive 60 percent of U.K. energy needs from low-carbon or renewable sources by 2030
- Hiring 10,000 new police officers and 3,000 new firefighters
- Considering introducing a land value tax as part of a review of local council tax and business rates
- Establishing a National Education Service along the lines of the NHS, to provide free education from the cradle to the grave
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Druid
Well-Known Member
We voted on bringing in PR in 2011 and it was rejected by 67.9%.
nun_hunter
Well-Known Member
As someone earning under £40k and unable to get on the property ladder it seems reasonable to me. Unworkable but I like where he's coming from
As someone earning under £40k and unable to get on the property ladder it seems reasonable to me. Unworkable but I like where he's coming from
If he got in, what would be the point of being on the property ladder?
nun_hunter
Well-Known Member
I could do some DIY? I like DIY.
Chasey
Well-Known Member
I didn't see a smiley face but I am assuming your comments are toung in cheek?
These affect me personaly but I cant see anything in there that's not a damed good idea?
PS voted tory for the last 30 years but not this time
Whats the Conservitives plan?
OH yes I remember, cutting all burseries for training health care workers, and stopping all support for mental health care training whilst at the same time cutting back on welfair for disabled people and people suffering from mental health issues.
Allowing the NHS to lose 5500 immigrant nursing staff in the last 11 months due to an abject failure to provide clarity on their future status and as a result seeing applications from nurses in EU countries dropping from 1,304 last year ending July 2016 down to a massive 96 applicants in year to date 2017?
All this whilst the NHS have a shortage of 24,000 health care workers
And how have our beloved leaders solved this problem?
Yes out sorcing to the private sectors at a cost of a mear 1,000,000,000 (I billion ) to the tax payer
Great news for Share holders in Spire Healthcare who made a 1.5% loss in turn over last year. Thanks to supporting the NHS their patent take up is up 40% earning them a tidy 293million this year from our NHS
But don't worry the Conservitives have come down hard on the likes of Dr David Zigmond and Mina Alaxander for whistle blowing what the government is up too so it will frighten off other doctors from complaining about May's glorious plans for privitasation
I have never been a fan of Labours spend spend spend mentality. My personal description of the labour of old was a teenager with a credit card. However none of the above tax increases seem unreasnoble to me (dispite the fact they will affect me personaly)
ATB
Chasey
Chasey
Well-Known Member
What do you think the point is under the current austerity measures?
Conservitives basic principle is cut government spending and tax breaks. This has always been their stand point and generaly its worked fine
Labours has been spending more money to create jobs and taxing the rich.
Now in days of old labour did some bat poo crazy stuff like the 98p in the pound super tax but increasing tax for people earning over 80K a year to 45%? and over 123,000 to 50%? Is this so crazy?
I am in two minds but all the other taxes on the financial services and massive pay outs I think are a great idea.
Yes, but we don't have the luxury of sitting on the fence so get out your red, blue, yellow or green marker pen!
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K
As someone working in the utilities industry the thought of bringing them under government controller fills me with dread. That would be an absolute disaster for the country and the services we receive.
Luckily it's just crap from him. You can promise the world if you know you will never actually get the chance to deliver it! Sadly plenty of people fall for the nonsense
Chasey
Well-Known Member
Yes rather than voting on a colour why don't we all do some proper research into what's really going on before you sign up to a colapse of the NHS and keeping taxes low for the financial services sector and people earning over 80K a year and charging students 4.5% on £100000 loans so they can educate themselves
Orion
Well-Known Member
Some already are under 'government' control.......................................
just happens to be the governments of Germany, France, Italy, Spain and the Netherlands.
Ooops, forgot that China (Hong Kong) will be part owning South West Trains from August.
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Labour's basic principle has always been to spend more money and hope something good comes of it. They do not have either interest in or ability to create jobs. The greatest bout of job creation for a very long time has just been done by the Conservatives. There's really no justification for increasing tax to create jobs in a country essentially at full employment. Their manifesto consists of plans to spend money, not plans to achieve anything with the spending. While I can be persuaded to vote for public spending, it is a pre-requisite that the money is used for some beneficial purpose.
Taxing financial transactions is a cretinous idea, as is taxing very large salaries. In the latter case, the evidence is plentiful and indisputable, that doing this raises very little money indeed, if it doesn't actually have a net cost - and it is a serious disincentive to business. In the former case, it's just abundantly clear that they don't even understand what they're proposing to tax. Taxing derivatives is one of the most stupid single measures imaginable - although I grant you there is a hell of a lot of competition from their other policies.
Anyone tempted to vote Labour (who isn't an union member or public sector worker - i.e. essentially being bribed to do so) isn't fit to operate any form of machinery.
Taxing financial transactions is a cretinous idea, as is taxing very large salaries. In the latter case, the evidence is plentiful and indisputable, that doing this raises very little money indeed, if it doesn't actually have a net cost - and it is a serious disincentive to business. In the former case, it's just abundantly clear that they don't even understand what they're proposing to tax. Taxing derivatives is one of the most stupid single measures imaginable - although I grant you there is a hell of a lot of competition from their other policies.
Anyone tempted to vote Labour (who isn't an union member or public sector worker - i.e. essentially being bribed to do so) isn't fit to operate any form of machinery.
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