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1 hour ago, Meenzer said:

 

Thing is Labour aren't a tax and spend party under Starmer and Reeves - apart from a windfall tax on energy they've actually argued for no increases at best. 

 

I'm guessing they're going for the Johnson/US republican trick of screaming socialism when nothing like it is being offered. 

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12 minutes ago, NJS said:

Thing is Labour aren't a tax and spend party under Starmer and Reeves - apart from a windfall tax on energy they've actually argued for no increases at best. 

 

I'm guessing they're going for the Johnson/US republican trick of screaming socialism when nothing like it is being offered. 

 

We're already taxed more than at any time in living memory. Not sure you can increase taxes during a cost of living crisis. They don't propose unfunded tax cuts though. And yeah, the windfall tax isn't a minor difference.

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11 minutes ago, Renton said:

 

We're already taxed more than at any time in living memory. Not sure you can increase taxes during a cost of living crisis. They don't propose unfunded tax cuts though. And yeah, the windfall tax isn't a minor difference.

I honestly don't want to see personal or even corporation taxes rise - I'd target avoidance/evasion and unearned income. 

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21 hours ago, Rayvin said:

From the guardian's review of her performance published just now:

 

Truss also marks a very welcome change from Boris Johnson, in that (for the most part) she was willing to answer questions, and engage in an argument about policy and ideas. This, of course, is what is meant to happen. But for the last three years we have been governed by a prime minister much more interested in politics as performance and entertainment, and so it is refreshing to tilt back to ideas.

But that is where the whole encounter was less positive for Truss. She won the Conservative leadership contest on a low-tax, small-state agenda that put her well to the right of any Tory leader for a generation. Truss has always been a libertarian (it’s why she joined the Liberal Democrats at university), but during the summer it was never entirely clear to what extent she was just pandering to her party’s cruder, Thatcherite instincts. But now we know; it’s worse than that (to quote an old Westminster joke) – she really does believe it.


I think I've vented before here about the Guardian - for me it's the Mail on the other side of the spectrum.

"libertarian"  has fuck all to do with the Liberal Democrats. It refers to neoliberalist economics, not liberal politics.

Difference Between Liberalism and Neoliberalism | Compare the Difference Between Similar Terms

Edited by scoobos
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21 minutes ago, scoobos said:


I think I've vented before here about the Guardian - for me it's the Mail on the other side of the spectrum.

"libertarian"  has fuck all to do with the Liberal Democrats. It refers to neoliberalist economics, not liberal politics.

Difference Between Liberalism and Neoliberalism | Compare the Difference Between Similar Terms

 

now dont start that again the jungle book GIF

 

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She was always gonna get a new PM bounce. I'm not worried. This govt is going to be objectively awful, and people will discover that soon enough. 

 

Have I missed some comedy appointment here? Wtf is Peter Bone doing on the front bench next to Mordaunt? 

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I agree mainly although I didn't expect any bounce. Possibly people relieved that they will not freeze to death this winter will help. even if that does jeopardise the economy and lock them into a lifetime of impoverishment whilst the energy companies rake in tax payers money. Mind, the fact that Truss will do this, which is about as far away as the free market neoliberal idealogue she has been presented as, prove she has no idealogy and is purely in it for herself in the short-term, just like Johnson. 

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15 minutes ago, Gemmill said:

Have I missed some comedy appointment here? Wtf is Peter Bone doing on the front bench next to Mordaunt? 

 

He's the deputy leader of the commons. So basically Mordaunt's bitch.

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As I said yesterday, we need to remain vigilant because this is a clear change of tack from Johnson - for all this analysis of 'clear blue sky' between Starmer and Truss, it's the consideration of this between Truss and Johnson that we need to be concerned about. By coming out and saying what she believes in, she has potentially wrongfooted Starmer who is still fighting this battle on a field that is not aligned with his own principles.

 

They will sell her as sincere, willing to make tough decisions, and someone who has a vision for how we should move forward. People want a vision, I've been saying this specific line for fucking years. The fact that she is none of those things won't matter - the packaging the media give her will cut through.

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12 hours ago, Renton said:

 

We're already taxed more than at any time in living memory. Not sure you can increase taxes during a cost of living crisis. They don't propose unfunded tax cuts though. And yeah, the windfall tax isn't a minor difference.

That depends on who "we" are.

If its people on PAYE between 12,570 and 150k then sure - but corporation tax (if companies even "choose" to pay it - see holding companies offshore / Ireland etc) , dividend tax , directors salaries seem to be continually getting looked after. 

It boils my piss to see corporation tax fall , when its almost fucking optional to anyone above the middle classes - PAYE is optional to most business owners , over the working class - and they are just totally screwed.

Corporation tax profits 2009-10 (£) Corporation tax profits 2010-11 (£)
0 - 300,000 21% 21%
300,001 - 1,500,000 Marginal relief Marginal relief
1,500,001 or more 28%

 

 

Corporation tax rates

  Financial year 2020-21 Financial year 2021-22 Financial year 2022-23 Financial year 2023-24
Main rate 19% 19% 19% 25%
Small profits rate N/A N/A N/A 19%
Lower threshold N/A N/A N/A £50,000
Upper threshold N/A N/A N/A £250,000

 

A cut of 2% to 19% over 2010 and the 28% higher rate isn't even there anymore. 2023-24 was promised by Sunak - but lets see how long that lasts - they'll fucking reduce it again.

I'm not trying to be "all about the workers" but the squeeze is on everyone but the upper middle classes to the elite, imo - and nothing on corporations due to "your pensions are in it" / "they will take their business elsewhere" etc.

Oh shit, rant coming... Costa wont take their business elsewhere if you tax them properly for UK sales , or force them to give proper employment contracts - it will just be an "operating cost" for selling coffee in the UK, which they will still want to do - they can still make a profit. Profit is better than no profit.

 

jaysus... valium and relax.

Edited by scoobos
missed shit and felt ranty
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