| Pensioners, students, small business owners 17:13 - Nov 4 with 2775 views | blueasfook |
I wonder who is next to be squeezed by Labour. They'll probably go after disabled people |  |
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| Pensioners, students, small business owners on 17:15 - Nov 4 with 2483 views | Radlett_blue |
If you want better public services, they have to be funded from higher taxation & there aren't enough mega-rich (or they hide their income) to pay the bills so naturally ordinary people have to bear the brunt. |  |
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| Pensioners, students, small business owners on 17:15 - Nov 4 with 2481 views | Cheltenham_Blue |
No, going 'after' the disabled is one thats specifically reserved for your lot. |  |
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| Pensioners, students, small business owners on 17:19 - Nov 4 with 2447 views | BlueBadger |
I'd have thought that you'd be pleased about the possibility of fewer people going to university?
Creativity in society by blueasfook 4 Nov 2024 13:14Plus our education doesn't encourage free thinking. We just coach young people on how to pass exams. Then they'll go to college/university and just do enough independent learning to pass a degree then out into the world of work to be told what to do/think by their employer.
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| Pensioners, students, small business owners on 17:27 - Nov 4 with 2392 views | Keno |
Is this the start of a new Shakeparian speech ...
Kier stands at the dispatch box "Pensioners, students, small business owners pay me your money"
Kemi rises looks at the front bench and with howling distain "what are those so withered and so wild in their attire, that look not fit to be cabinet but are here"
Kieran paces the touchline ... and in anguish "Infamy, Infamy the refs have it infamy" |  |
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| Pensioners, students, small business owners on 17:27 - Nov 4 with 2391 views | noggin |
Neither party is willing to tax the rich more. The difference is, the tories want to tax them less. So how else do you suggest the Government finances public services? |  |
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| Pensioners, students, small business owners on 17:38 - Nov 4 with 2345 views | bsw72 |
You mean like the way they’ve raised the carers allowance threshold from £151 to £196, reversing a five-year trend in which the earnings limit has fallen behind the national living wage. |  | | |
| Pensioners, students, small business owners on 17:47 - Nov 4 with 2305 views | blueasfook |
| Pensioners, students, small business owners on 17:38 - Nov 4 by bsw72 |
You mean like the way they’ve raised the carers allowance threshold from £151 to £196, reversing a five-year trend in which the earnings limit has fallen behind the national living wage. |
You mean one of the most abused benefits in the system. Usually comes automatically as a component of DLA and will be claimed by a family member just "because they can". But as long as people claiming benefits that they're not really entitled to are looked after let's not worry about old people being cold this winter and young people missing out on further education.. | |
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| Pensioners, students, small business owners on 18:09 - Nov 4 with 2207 views | Leaky |
| Pensioners, students, small business owners on 17:15 - Nov 4 by Radlett_blue |
If you want better public services, they have to be funded from higher taxation & there aren't enough mega-rich (or they hide their income) to pay the bills so naturally ordinary people have to bear the brunt. |
Can understand your point however why wasn't there manifesto |  | | |
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| Pensioners, students, small business owners on 18:11 - Nov 4 with 2196 views | Leaky |
| Pensioners, students, small business owners on 17:15 - Nov 4 by Cheltenham_Blue |
No, going 'after' the disabled is one thats specifically reserved for your lot. |
Best hold fire on that statement for now | | | |
| Pensioners, students, small business owners on 18:13 - Nov 4 with 2175 views | Leaky |
| Pensioners, students, small business owners on 17:27 - Nov 4 by noggin |
Neither party is willing to tax the rich more. The difference is, the tories want to tax them less. So how else do you suggest the Government finances public services? |
Why not tax people who run off to Norway | | | |
| Pensioners, students, small business owners on 18:16 - Nov 4 with 2139 views | noggin |
| Pensioners, students, small business owners on 18:13 - Nov 4 by Leaky |
Why not tax people who run off to Norway |
lol. What is your point? | |
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| Pensioners, students, small business owners on 18:20 - Nov 4 with 2121 views | positivity |
probably non-doms, big business owners, private jet users, inheritance tax dodgers, they'll get the biggest squeeze! |  |
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| Pensioners, students, small business owners on 18:23 - Nov 4 with 2105 views | mutters |
You'll find that no matter of which flavour of government got in, some section of society was always going to get squeezed.
I am surprised by some of Labours decisions so far, it feels like a long way from their core of not that long ago.
In the spirit of debate, where would you have raised extra monies from? We all can criticise (and we all often do) but what about solutions? Personally I would have gone after the more wealthy, stuck up tax at the higher bracket (I would never had made the manifesto commitments that they did on tax), stop utility companies from earning stoopid amount of profits, made big business pay more fairer tax for a start. |  |
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| Pensioners, students, small business owners on 18:28 - Nov 4 with 2076 views | bsw72 |
| Pensioners, students, small business owners on 17:47 - Nov 4 by blueasfook |
You mean one of the most abused benefits in the system. Usually comes automatically as a component of DLA and will be claimed by a family member just "because they can". But as long as people claiming benefits that they're not really entitled to are looked after let's not worry about old people being cold this winter and young people missing out on further education.. |
Please explain how young people are going to be missing out on further education as a result of the small increase in fees covered by loans versus the damage done by removing the maintenance grants for those that really needed them by the prior gvmt n 2016. | | | |
| Pensioners, students, small business owners on 18:33 - Nov 4 with 2052 views | SuperKieranMcKenna |
| Pensioners, students, small business owners on 18:23 - Nov 4 by mutters |
You'll find that no matter of which flavour of government got in, some section of society was always going to get squeezed.
I am surprised by some of Labours decisions so far, it feels like a long way from their core of not that long ago.
In the spirit of debate, where would you have raised extra monies from? We all can criticise (and we all often do) but what about solutions? Personally I would have gone after the more wealthy, stuck up tax at the higher bracket (I would never had made the manifesto commitments that they did on tax), stop utility companies from earning stoopid amount of profits, made big business pay more fairer tax for a start. |
“Personally I would have gone after the more wealthy, stuck up tax at the higher bracket (I would never had made the manifesto commitments that they did on tax), stop utility companies from earning stoopid amount of profits, made big business pay more fairer tax for a start.”
People come out with this as if it’s an easy task - if it was someone would have done it by now. Top bracket PAYE earners are such a small amount it wouldn’t even fund a month’s worth of interest in our debt (let alone tackle the debt itself). The wealthy aren’t on a salary - and Labour have recognised this, gone after those with other sources of income, and still been criticised.
Corporation tax is now at weighted average for G7, so not really any room to manoeuvre there. As for those moving capital offshore- they’ll continue to do so whilst our neighbours across the Irish see continue the race to the bottom. You could close down these mechanisms but corporate lawyers will have new ones in months and the government will be chasing their tails. Only the Global Minimum Tax rate could possibly discourage this but it will be a measly 15pc - so probably not.
So my question is to those who say tax companies and the wealthy more - HOW would you do this? | | | |
| Pensioners, students, small business owners on 18:37 - Nov 4 with 2034 views | Zx1988 |
A modest increase in tuition fees is hardly 'going after students'.
Those who wouldn't pay the loan off anyway, before it gets written off, will not pay a penny more. Those who pay the loan off within 40yrs have to pay an extra £1k-£2k or so, over the course of many many years. | |
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| Pensioners, students, small business owners on 18:50 - Nov 4 with 1955 views | mutters |
| Pensioners, students, small business owners on 18:33 - Nov 4 by SuperKieranMcKenna |
“Personally I would have gone after the more wealthy, stuck up tax at the higher bracket (I would never had made the manifesto commitments that they did on tax), stop utility companies from earning stoopid amount of profits, made big business pay more fairer tax for a start.”
People come out with this as if it’s an easy task - if it was someone would have done it by now. Top bracket PAYE earners are such a small amount it wouldn’t even fund a month’s worth of interest in our debt (let alone tackle the debt itself). The wealthy aren’t on a salary - and Labour have recognised this, gone after those with other sources of income, and still been criticised.
Corporation tax is now at weighted average for G7, so not really any room to manoeuvre there. As for those moving capital offshore- they’ll continue to do so whilst our neighbours across the Irish see continue the race to the bottom. You could close down these mechanisms but corporate lawyers will have new ones in months and the government will be chasing their tails. Only the Global Minimum Tax rate could possibly discourage this but it will be a measly 15pc - so probably not.
So my question is to those who say tax companies and the wealthy more - HOW would you do this? |
It's all about choices.
Sticking up the higher tax bracket by a couple of percent may not solve all our problems but it could have meant that pensioners didn't lose their winter fuel allowance. If they out a windfall tax in utilities or tax them at a higher rate, then maybe the small business owners wouldn't have felt the impact of the NI increase.
Again its about choices.
I've always been a fan of a competitive tax rate for businesses because of the knock on effect of the tax generated by the people they employ. However there are loopholes that allow big corporation to play no tax or very little. These can be closed or at least taxed at a still very low rate.
There are lots of tools at the governments disposal, it is just who's cage they want to rattle. It's all about choices.... | |
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| Pensioners, students, small business owners on 18:52 - Nov 4 with 1944 views | BlueBadger |
| Pensioners, students, small business owners on 18:13 - Nov 4 by Leaky |
Why not tax people who run off to Norway |
They already cracked down on non-doms mate. | |
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| Pensioners, students, small business owners on 18:53 - Nov 4 with 1944 views | positivity |
| Pensioners, students, small business owners on 18:23 - Nov 4 by mutters |
You'll find that no matter of which flavour of government got in, some section of society was always going to get squeezed.
I am surprised by some of Labours decisions so far, it feels like a long way from their core of not that long ago.
In the spirit of debate, where would you have raised extra monies from? We all can criticise (and we all often do) but what about solutions? Personally I would have gone after the more wealthy, stuck up tax at the higher bracket (I would never had made the manifesto commitments that they did on tax), stop utility companies from earning stoopid amount of profits, made big business pay more fairer tax for a start. |
badenoch said they'd do the opposite, so taking her at her word:-
that'd mean taking the money from nurses, carers, the worse off, the nhs etc to give it to non-doms, private jet owners, private schools and jeremy clarkson etc.
labour's version wasn't perfect, but far better than that! | |
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| Pensioners, students, small business owners on 18:58 - Nov 4 with 1923 views | mutters |
| Pensioners, students, small business owners on 18:53 - Nov 4 by positivity |
badenoch said they'd do the opposite, so taking her at her word:-
that'd mean taking the money from nurses, carers, the worse off, the nhs etc to give it to non-doms, private jet owners, private schools and jeremy clarkson etc.
labour's version wasn't perfect, but far better than that! |
I don't disagree with most of that, I do think there is a bit of shortsightedness when it comes to farms, especially as food security will become more and more of an issue in the future. | |
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| Pensioners, students, small business owners on 18:59 - Nov 4 with 1918 views | SuperKieranMcKenna |
| Pensioners, students, small business owners on 18:50 - Nov 4 by mutters |
It's all about choices.
Sticking up the higher tax bracket by a couple of percent may not solve all our problems but it could have meant that pensioners didn't lose their winter fuel allowance. If they out a windfall tax in utilities or tax them at a higher rate, then maybe the small business owners wouldn't have felt the impact of the NI increase.
Again its about choices.
I've always been a fan of a competitive tax rate for businesses because of the knock on effect of the tax generated by the people they employ. However there are loopholes that allow big corporation to play no tax or very little. These can be closed or at least taxed at a still very low rate.
There are lots of tools at the governments disposal, it is just who's cage they want to rattle. It's all about choices.... |
Which utilities- energy supply firms have on the whole gone to the wall post-Ukraine, hence so many people had to find a new supplier. If you put up the tax on water companies for example they’ll just pass it on to the consumer making us all poorer. The problem with utilities such as water is they are monopolies, there’s no competitive market forces, nor can you choose to forgo water and sewage. Re-nationalisation is the only answer for those.
The WFA cost 2bn a year (and I say this as someone who thinks it’s a huge mistake to remove), yet there are only around 600k people paying the top rate of tax - it really is fiddling around the edges. I’m amazed they’ve (Labour) not received more credit for going after divi income. | | | |
| Pensioners, students, small business owners on 19:01 - Nov 4 with 1909 views | positivity |
| Pensioners, students, small business owners on 18:58 - Nov 4 by mutters |
I don't disagree with most of that, I do think there is a bit of shortsightedness when it comes to farms, especially as food security will become more and more of an issue in the future. |
i think it needs tweaking, but if you read djr's posts on the farming thread, the effects do seem to have been overblown | |
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| Pensioners, students, small business owners on 17:37 - Nov 8 with 1278 views | Swansea_Blue |
| Pensioners, students, small business owners on 18:28 - Nov 4 by bsw72 |
Please explain how young people are going to be missing out on further education as a result of the small increase in fees covered by loans versus the damage done by removing the maintenance grants for those that really needed them by the prior gvmt n 2016. |
I missed this, but it's good to see someone paying attention.
Not only the changes to maintenance grants, but in 2023 the then Government changed the terms of the student loans by lowering the threshold when you start paying and extending the maximum term from 30 to 40 years.
There was an excellent summary of the changes on R5 Live by Martin Lewis yesterday. In short, last year's changes increase repayments on average by 50%. The recent fee increase announcement will make no difference to what people repay yearly because of the way the caps work, but it will halt the erosion of the income the universities receive which will help (but not much) with the financial crisis they are facing. |  |
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| Pensioners, students, small business owners on 17:46 - Nov 8 with 1249 views | reusersfreekicks |
Daily mail headline time.
Usual half truths
Trumpian playbook |  | | |
| Pensioners, students, small business owners on 20:31 - Nov 8 with 1105 views | BanksterDebtSlave |
| Pensioners, students, small business owners on 17:37 - Nov 8 by Swansea_Blue |
I missed this, but it's good to see someone paying attention.
Not only the changes to maintenance grants, but in 2023 the then Government changed the terms of the student loans by lowering the threshold when you start paying and extending the maximum term from 30 to 40 years.
There was an excellent summary of the changes on R5 Live by Martin Lewis yesterday. In short, last year's changes increase repayments on average by 50%. The recent fee increase announcement will make no difference to what people repay yearly because of the way the caps work, but it will halt the erosion of the income the universities receive which will help (but not much) with the financial crisis they are facing. |
Bloody hell Swanners just when I needed some good news after trying to find car insurance for Junior less than 1k I go and read this. She is going to be enjoying life as an adult nurse isn't she. Each day of late it just feels like you're being fleeced a little bit more....perhaps it's time to give that Farage fella a go!!
Edit....out of interest do you know what total a student with a £60k loan over 3 years of study would be paying back over those 40 years? [Post edited 8 Nov 2024 20:34]
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