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Old 07-05-2017, 01:45 PM #1
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Default Labour won't raise taxes

Unless you earn over 80k
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Old 07-05-2017, 02:40 PM #2
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Amazing....so exactly where are they going to get all this money they have promised to spend
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Old 07-05-2017, 02:46 PM #3
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Ok hit the high earners more fair enough....But £80,000 is a lot of people escaping tax...no doubt labour will do what they always do, steal it out your back pocket with endless stealth taxes instead and massive council tax rises
thatcher brought in the poll tax at £70 house and millions marched
labour brought it nearer £2000 and no one marched? what a bunch of hypocrtites

...corbyn/ aka santa clause wants more money for all public sector workers...who already enjoy better pensions....hes not mentioned cutting anything? the massive middle management labour created across the nhs? he doesnt mention?

he just sucks up the the unions promising money from the money tree a d hammers small businesses by demanding they ALL pay a one size fits all over £10 an hour to their unskilled workers, even in the poorest areas of the country where wages and wealth vary to a staggering degree. that minimum wage will simply cost millions of jobs, see more legal cases for compensation and thousands of sme's going bankrupt

so labour learnt ntohing from their illegal wars and bankrupting the country, they simply want to do it all again just to look and appear like generous people, when in fact theyre the opposite. their economic insanity will simply leave the next generation with even more enormous levels of debt

bravo labour, genius

Last edited by the truth; 07-05-2017 at 02:49 PM.
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Old 07-05-2017, 03:03 PM #4
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lucky the MP salary is just under £80k then isnt it.

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Old 07-05-2017, 03:09 PM #5
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Just watched Sky news and an economist is saying that in his opinion, increasing the tax on those earning over £70.000 is likely to be insufficient to cover the planned increased expenditure. The proposals that have been put forward by the Labour party do make a lot of economic sense though and that's why there are many leading economists, including a former adviser to the Bank of England who have made public their support for Jeremy Corbyn’s policies.

He certainly makes a lot more sense than the Tories.
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Old 07-05-2017, 03:28 PM #6
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...........alas i don't think labour will even be in charge of the cost of a cuppa

in parliaments eateries..................

Mark L
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Old 07-05-2017, 03:34 PM #7
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Quote:
Originally Posted by DemolitionRed View Post
Just watched Sky news and an economist is saying that in his opinion, increasing the tax on those earning over £70.000 is likely to be insufficient to cover the planned increased expenditure. The proposals that have been put forward by the Labour party do make a lot of economic sense though and that's why there are many leading economists, including a former adviser to the Bank of England who have made public their support for Jeremy Corbyn’s policies.

He certainly makes a lot more sense than the Tories.
neither party are adding up atm labour make even less sense.
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Old 07-05-2017, 03:53 PM #8
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Labour never make sense under Corbyn.
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Old 07-05-2017, 04:00 PM #9
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Quote:
Originally Posted by the truth View Post
neither party are adding up atm labour make even less sense.
That is a valid point but maybe the manifesto issued by the Parties in the coming weeks, will give more correctly costed and more scrutinised information.

I don't go along with either making less sense.
If the plans for funding the plans are deemed costed correctly,then Labour has some fair plans in place.

We have not,to be fair, heard much of the Conservatives plans as yet really.
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Old 07-05-2017, 04:03 PM #10
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Meanwhile, the Torys are to adopt Ed Millibands energy cap

Last edited by Cherie; 07-05-2017 at 04:03 PM.
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Old 07-05-2017, 04:05 PM #11
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a hard working lady on 85K
when she has a good month

Said she will not vote Labour
(on the Radio)

http://news.sky.com/story/labour-tax...6380k-10866794

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Old 07-05-2017, 04:09 PM #12
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Quote:
Originally Posted by arista View Post
a hard working lady on 85K
when she has a good month

Said she will not vote Labour
(on the Radio)
Neither would I if I was earning 85k but then look at all the working class who have suddenly turned blue even though May has not ruled out raising personal taxes but wants to reduce corporation tax by 7 per cent
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Old 07-05-2017, 04:12 PM #13
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Quote:
Originally Posted by smudgie View Post
Amazing....so exactly where are they going to get all this money they have promised to spend
Companies are not getting a 7 per cent tax break
Putting VAT on private school fees
Taxing high earners
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Old 07-05-2017, 04:15 PM #14
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Quote:
Originally Posted by Cherie View Post
Neither would I if I was earning 85k but then look at all the working class who have suddenly turned blue even though May has not ruled out raising personal taxes but wants to reduce corporation tax by 7 per cent
A lot of those people have brought into the Tory propoganda machine. They probably don't know that voting Tory is ultimately an act of self sabotage but they'll have been turned against labour 'cus Corbyn wants to hug terrorists and let every immigrant in and give them their own palace and butler to boot while he pisses on veterans and the elderly from a great height, innit?'

It's either ignorance or masochistic behavior and it's just sad that people will so gladly **** themselves over because they can't be bothered to google the actual facts for two seconds.

Last edited by Tom4784; 07-05-2017 at 04:16 PM.
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Old 07-05-2017, 04:19 PM #15
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Old 07-05-2017, 04:30 PM #16
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Quote:
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A lot of those people have brought into the Tory propoganda machine. They probably don't know that voting Tory is ultimately an act of self sabotage but they'll have been turned against labour 'cus Corbyn wants to hug terrorists and let every immigrant in and give them their own palace and butler to boot while he pisses on veterans and the elderly from a great height, innit?'

It's either ignorance or masochistic behavior and it's just sad that people will so gladly **** themselves over because they can't be bothered to google the actual facts for two seconds.
The ignorance is on the left who fail to realise labour has strangled the life and ambition out of all of their heartland areas. They have wasted billions of public money too , sucked up to bankers and now they preach to have more money spent on public services. yet its labour who squandered all the public money like confetti. total hypocrites
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Old 07-05-2017, 05:03 PM #17
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Quote:
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neither party are adding up atm labour make even less sense.
Not to leading economists though!
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Old 07-05-2017, 05:14 PM #18
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Quote:
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Not to leading economists though!
the same people who predicted last years collapse?
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Old 07-05-2017, 05:14 PM #19
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Quote:
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The ignorance is on the left who fail to realise labour has strangled the life and ambition out of all of their heartland areas. They have wasted billions of public money too , sucked up to bankers and now they preach to have more money spent on public services. yet its labour who squandered all the public money like confetti. total hypocrites
Instead of reading trash tabloids that sit to the right, try reading some real statistics, made by people who know what they are talking about.

Richard Murphy, political economist, has made a good analysis of government borrowing, spending between Labour and Conservative during their terms in office. http://www.taxresearch.org.uk/Blog/2...last-70-years/
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Old 07-05-2017, 05:15 PM #20
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Quote:
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the same people who predicted last years collapse?
You mean the collapse we are still sitting on the verge of?
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Old 07-05-2017, 06:07 PM #21
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Default Economists have completely failed us. They’re no better than Mystic Meg

It is official. Figures for the past six months show that the forecasts of instant Brexit catastrophe from the Treasury and the Bank of England were garbage. The Bank’s economist, Andrew Haldane, admitted yesterday that it was a repeat of the failure to predict the 2008 crash. It was another “Michael Fish moment”, when meteorologists failed to forecast the 1987 hurricane.


https://www.google.co.uk/amp/s/amp.t...-crash-failure
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Old 07-05-2017, 07:58 PM #22
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I saw a statistic on the news tonight where it said that the top 5% of earners paid 47% of the total income tax revenue.

There comes a point where the amount you can raise from top earners becomes maxed-out, no matter what you have the rate at.

Unless the point of it all is to enforce equality...
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Old 07-05-2017, 08:56 PM #23
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I saw a statistic on the news tonight where it said that the top 5% of earners paid 47% of the total income tax revenue.

There comes a point where the amount you can raise from top earners becomes maxed-out, no matter what you have the rate at.

Unless the point of it all is to enforce equality...

Ooooh, more Animal Farm than 1984 then.
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Old 07-05-2017, 09:03 PM #24
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I liken working class people who vote tory to crash test dummies.
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Old 07-05-2017, 09:13 PM #25
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I liken working class people who vote tory to crash test dummies.
Who's side was you on in the EU referendum?

The establishments or the peoples?

Because the people voted out.
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