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Jeremy Corbyn

That was the case in 2015 too. All about personalities now. Let's face it, the Tories won't need to do much at all to win this election anyway
 
Lupo said:
That was the case in 2015 too. All about personalities now. Let's face it, the Tories won't need to do much at all to win this election anyway
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I would have thought the electorate would be asking to be better informed before making more rash decisions at the ballot box.
 
Lord Knows said:
I would have thought the electorate would be asking to be better informed before making more rash decisions at the ballot box.
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I think you are overestimating the electorate a bit there.

The Conservatives will just say 'strong and stable leadership' and 'coalition of chaos' over and over without actually committing to any policies and will stroll to a landslide.
 
Penk Wolf said:
I've never understood why people think it's a good idea to penalise those that have done well for themselves.

Naturally they will pay a lot more tax than those on lesser income, so why should people expect them to pay higher rates?
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So that those who "haven't done so well" are able to pay lower rates of tax.
 
Penk Wolf said:
I've never understood why people think it's a good idea to penalise those that have done well for themselves.
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I think it is basically a leftist psyche, if two people have two amounts of money the one with the most must have done something wrong, there must have been inequality, victimisation etc. the system must have been corrupt in some way shape or form for the one person to have more money.
 
Or it's the psyche of 'It's mine, I've earned more than you so I must be better. Therefore why should I give you anything that is mine'? The notion that those earning more are somehow superior to those earning less. A notion of class and knowing your place.
 
Who has ever said they are better ?? I earn at least twice what my Dad did when he was alive and he was a far,far better man than I could ever hope to be ! The notion of superiority is not even an argument, have you ever thought that it is not inequity that a someone offers a better service to a wider range of people will earn more than someone else who doesn't.
 
Tax has to go up somewhere. Either those in the lowest bracket pay it (Conservative method - and yes, they have refused to guarantee their 2015 manifesto pledge. You know, the one Hammond tried to break during the budget) or those who can easily bare the brunt of it pay it (current Labour way).
 
Paul said:
I think it is basically a leftist psyche, if two people have two amounts of money the one with the most must have done something wrong, there must have been inequality, victimisation etc. the system must have been corrupt in some way shape or form for the one person to have more money.
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Progressive taxation is this country was introduced (by a Conservative Prime Minister) to fund wars. Meant as a temporary measure it was eventually made permanent (by a Conservative Prime Minister) and taxing higher earners more has been accepted by governments of all colours. There is nothing "leftist" about taking higher earners at a higher rate - indeed more earners now pay higher rate income tax than ever before - a situation that has increased sharply in recent years (under a Conservative government).

The debate is where higher rates of tax lead to greater revenue or higher levels of tax revenue. When the higher rate of tax was reduced from 50p the argument was that this would lead to increased revenues but most economists acknowledge that the 50p rate was not in place long enough to evidence this claim.

What we do know is that the government needs to raise more money - the choice is where that comes from. The Conservatives have already signalled their intention to raise NI on the self employed and look likely to remove the triple lock on pensions. Labour have said that they intend to raise corporation tax and introduce another higher rate of taxation. These are economic choices more so that ideological ones although it is try that Labour will always veer towards a more progressive tax system whereas Conservatives will shift the tax burden away from headline income tax and either cut public spending or increase indirect taxes.
 
The Saturday Boy said:
Progressive taxation is this country was introduced (by a Conservative Prime Minister) to fund wars. Meant as a temporary measure it was eventually made permanent (by a Conservative Prime Minister) and taxing higher earners more has been accepted by governments of all colours. There is nothing "leftist" about taking higher earners at a higher rate - indeed more earners now pay higher rate income tax than ever before - a situation that has increased sharply in recent years (under a Conservative government).

The debate is where higher rates of tax lead to greater revenue or higher levels of tax revenue. When the higher rate of tax was reduced from 50p the argument was that this would lead to increased revenues but most economists acknowledge that the 50p rate was not in place long enough to evidence this claim.

What we do know is that the government needs to raise more money - the choice is where that comes from. The Conservatives have already signalled their intention to raise NI on the self employed and look likely to remove the triple lock on pensions. Labour have said that they intend to raise corporation tax and introduce another higher rate of taxation. These are economic choices more so that ideological ones although it is try that Labour will always veer towards a more progressive tax system whereas Conservatives will shift the tax burden away from headline income tax and either cut public spending or increase indirect taxes.
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I don't think the way self assessment is paid helps, when people are hit with a tax bill of say £36k it looks totally different to someone paying £3k a month.
 
If I was paying £3k per month or £36k per year in tax I would have a very comfortable standard of life and would have no issues whatsoever paying tax at that level. Hopefully I would be sufficiently competent in organising my finances that any tax bill was planned for.
 
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