Labour tax manifesto

[minestrone]

Nobody really understands economics. Anyone who tells you they really do, just doesn't understand that they don't understand.

That goes double for economists.

"Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice"

[Cirrus]

You simply cannot take one country's economic model and apply it to another one..

Your problem Malvolio, and the problem of most of the population, is you have been brought up in the Thatcher/Regan era. You think that is the natural way of the world. It's not. It's a right wing low tax (failed) experiment you've been living through. Most countries don't try this nonsense (with notable exceptions the Tories like to cling on to). It's just us and America. And Britain and America had higher tax regimes previously as well. All this bollox about it won't raise more money because people will evade it or everyone will emigrate to Swaziland is just Tory indoctrination. You've been brainwashed since you were a kid. Sorry.

[minestrone]

Your problem Malvolio, and the problem of most of the population, is you have been brought up in the Thatcher/Regan era. You think that is the natural way of the world. It's not. It's a right wing low tax (failed) experiment you've been living through. Most countries don't try this nonsense (with notable exceptions the Tories like to cling on to). It's just us and America. And Britain and America had higher tax regimes previously as well. All this bollox about it won't raise more money because people will evade it or everyone will emigrate to Swaziland is just Tory indoctrination. You've been brainwashed since you were a kid. Sorry.

We put taxes up to 80% and we lost Rod Stewart.



I don't want to see this generation lose artists.

[malvolio]

Your problem Malvolio, and the problem of most of the population, is you have been brought up in the Thatcher/Regan era. You think that is the natural way of the world. It's not. It's a right wing low tax (failed) experiment you've been living through. Most countries don't try this nonsense (with notable exceptions the Tories like to cling on to). It's just us and America. And Britain and America had higher tax regimes previously as well. All this bollox about it won't raise more money because people will evade it or everyone will emigrate to Swaziland is just Tory indoctrination. You've been brainwashed since you were a kid. Sorry.

Your problem, regrettably, is you don't know what the f*** you're talking about. I was working, raising a family and trying to buy a house in the 70s, in the days of 25% interest rates, three day weeks, union domination of failing industries and public services strikes. So do not dare to lecture me on the joys of a socialist government. You are quite simply talking out of your arse.

The current Labour manifesto is almost identical to the one they were using in the 70s, and includes commitments, such as relaxations of the laws on union-led disruption and closed shops. You might want to go back there, I sure as hell don't, and nor does anyone who went through it last time.

[ladymuck]

Mona Chalabi on Instagram: “People really misunderstand marginal taxes so I made this quick guide. The UK Labour party announced a plan to increase the marginal tax…”

Handy guide for the confused as to what tax you pay on £100k

[DealorNoDeal]

Your problem, regrettably, is you don't know what the f*** you're talking about. I was working, raising a family and trying to buy a house in the 70s, in the days of 25% interest rates, three day weeks, union domination of failing industries and public services strikes. So do not dare to lecture me on the joys of a socialist government. You are quite simply talking out of your arse.

The current Labour manifesto is almost identical to the one they were using in the 70s, and includes commitments, such as relaxations of the laws on union-led disruption and closed shops. You might want to go back there, I sure as hell don't, and nor does anyone who went through it last time.

Me too but a lot of that happened when the Tories were in power.

Labour only went full-on loony left (à la Corbyn) when Michael Foot was elected leader after Callaghan lost the general election to Thatcher in 79.

[jds 1981]

Mona Chalabi on Instagram: “People really misunderstand marginal taxes so I made this quick guide. The UK Labour party announced a plan to increase the marginal tax…”

Handy guide for the confused as to what tax you pay on £100k

They appear to have conveniently decided not to include NI.

Also (although simpler) didn't mention the loss of things like child benefit.

[rogerfederer]

Your problem, regrettably, is you don't know what the f*** you're talking about. I was working, raising a family and trying to buy a house in the 70s, in the days of 25% interest rates, three day weeks, union domination of failing industries and public services strikes. So do not dare to lecture me on the joys of a socialist government. You are quite simply talking out of your arse.

The current Labour manifesto is almost identical to the one they were using in the 70s, and includes commitments, such as relaxations of the laws on union-led disruption and closed shops. You might want to go back there, I sure as hell don't, and nor does anyone who went through it last time.

Lolz. It's definitely a different manifesto, the summary points are different with quite a substantial focus on reversing the Conservative&Unionist's austerity package and continuous lies regarding 'investment' in the NHS.

Your post was discredited as soon as you mentioned high interest rates. Interest rates peaked out for such a short time that the notion your mortgage was substantially affected is complete tosh!

[rogerfederer]

Me too but a lot of that happened when the Tories were in power.

Labour only went full-on loony left (à la Corbyn) when Michael Foot was elected leader after Callaghan lost the general election to Thatcher in 79.

Bingo.

[malvolio]

Lolz. It's definitely a different manifesto, the summary points are different with quite a substantial focus on reversing the Conservative&Unionist's austerity package and continuous lies regarding 'investment' in the NHS.

Your post was discredited as soon as you mentioned high interest rates. Interest rates peaked out for such a short time that the notion your mortgage was substantially affected is complete tosh!

So why was I paying between 12 and 25% for around three years, going up every month? IT dropped back to around 12 % in the early 80s and stayed there for quite a while. And the interest rates quoted were bank base rates, not what made it on to the high street. You really have no idea, do you...

Austerity has been stopped -as quoted by Hmmond fairly recently and supported by the spending plans that the Tories are proposing - and was only necessary because Brown made such a total mess of the national finances.

I haven't said anything about NHS "investment". In fact I have said that the rate of increase in funding is not keeping pace with demand - demand which is actually driven in the main by mistakes made during the Blair administration around GP contracts and immigration controls.

I've also pointed out that the majority of NHS spending is not on patient care, and quite a lot - around 35% - is paying off PFI contracts, which were also let under Blair.

So up yours, dear boy.