Keir Starmer at it again..

[Del Woppio]

Jesus that's a fucking car crash.

 

[jlo]

There is a legitimate argument that you put that top 5% tax on, those individuals use various schemes to avoid paying it anyway and the cost of managing that process costs time & money that is barely worthwhile. He hasn't made that point, but it's something I've heard from various quarters. I wouldn't call it a car crash, but it's detail that's difficult to get into a soundbite

 

[Johnny75]

There is a legitimate argument that you put that top 5% tax on, those individuals use various schemes to avoid paying it anyway and the cost of managing that process costs time & money that is barely worthwhile. He hasn't made that point, but it's something I've heard from various quarters. I wouldn't call it a car crash, but it's detail that's difficult to get into a soundbite

That's exactly right. Oddly enough if you were to incentivise these greedy individuals by putting tax breaks on investment you'd actually get them to pay their tax rate and get investment into the economy.

 

[Paddingtonwolf]

You aren’t going to outlaw share incentives. And if the shares are held in trust for three years it’s pretty easy to set up the scheme so CGT rather than income tax is in operation

 

[Templeton Peck]

Keeps saying he can't afford to carry out his pledges when he's the one refusing to 'fund' them. Beth Rigby the only journalist to challenge him on this so far.

 

[Tredman]

Keeps saying he can't afford to carry out his pledges when he's the one refusing to 'fund' them. Beth Rigby the only journalist to challenge him on this so far.

Do you think he’s ideologically opposed to spending money?

 

[Dire Wolf]

Do you think he’s ideologically opposed to spending money?

I think he's ideologically wedded to keeping his big business backers happy.

 

[SLA]

He's ideologically opposed to giving the right wing media the slightest leftish-sounding thing to attack him on. I have no idea whether that will change once they're in power - I certainly hope so - but the current strategy is pretty clear.

 

[Templeton Peck]

Do you think he’s ideologically opposed to spending money?

The Conservatives and Lib Dems are and they used the deficit as fig leaf.

I'm not sure tbh. Just seems odd that on the one hand he says he can't afford anything yet he won't do anything to resolve that. I get he can't announce 90% income tax on anyone earning more than 30k but yesterday he couldn't even commit to a tax that just hits the top 5%.

 

[Templeton Peck]

I think he's ideologically wedded to keeping his big business backers happy.

This is probably it unfortunately. There's no political or electoral risk in going for the top 5%.

 

[Elephant Pyjamas]

https://twitter.com/x/status/1795344065434620299

 

[Wellen Wolf]

https://twitter.com/x/status/1795127051516617188

We've got no money so we can't do anything.
OK.Raise taxes on the top 5% then.
We can't afford to.
WTF?

With you but if he said anything about raising tax from the super rich then the jokers at con central office and in the media would say, 'Gotcha', and tell all sorts of scare stories that would even scare off red wall voters doing us on the black for a couple of hundred a month. Fact is those super rich have friends in The City, accountants, offshore accounts etc, etc, so with their philosophy and practice they won't be paying much tax anyway. It's the rules and their implementation that need changing back to something like an equitable situation and he ain't going to announce that either.
We are talking decades of entrenched tax avoidance and evasion and the tories and the media would have a field day. Fortunately, Labour under Starmer appear to have learned the lessons of the past that Foot, Kinnock and Milliband did not.

 

[Elephant Pyjamas]

With you but if he said anything about raising tax from the super rich then the jokers at con central office and in the media would say, 'Gotcha', and tell all sorts of scare stories that would even scare off red wall voters doing us on the black for a couple of hundred a month. Fact is those super rich have friends in The City, accountants, offshore accounts etc, etc, so with their philosophy and practice they won't be paying much tax anyway. It's the rules and their implementation that need changing back to something like an equitable situation and he ain't going to announce that either.
We are talking decades of entrenched tax avoidance and evasion and the tories and the media would have a field day. Fortunately, Labour under Starmer appear to have learned the lessons of the past that Foot, Kinnock and Milliband did not.

Yep, there's definitely an element of that.

But it means he's saying nothing.

We know little/nothing about his plans.

 

[Templeton Peck]

Yep, there's definitely an element of that.

But it means he's saying nothing.

We know little/nothing about his plans.

Although I've just seen that yesterday he declared himself a socialist.

 

[Wellen Wolf]

Yep, there's definitely an element of that.

But it means he's saying nothing.

We know little/nothing about his plans.

Here's yet another good example of what the super rich are like. They ain't paying their way through taxes... even under the tories. It's the cap doffing types in the working and middle classes stuck in the UK who will panic and vote against their selfish interests if they think they can't continue to make a bit on the side.

Billionaire non-dom quit UK on day Hunt scrapped tax breaks, says adviser

Super-rich have left country to avoid being subjected to UK taxes on overseas income, conference hears

www.theguardian.com

 

[Wellen Wolf]

Here's yet another good example of what the super rich are like. They ain't paying their way through taxes... even under the tories. It's the cap doffing types in the working and middle classes stuck in the UK who will panic and vote against their selfish interests if they think they can't continue to make a bit on the side.

Billionaire non-dom quit UK on day Hunt scrapped tax breaks, says adviser

Super-rich have left country to avoid being subjected to UK taxes on overseas income, conference hears

www.theguardian.com

Yep, there's definitely an element of that.

But it means he's saying nothing.

We know little/nothing about his plans.

There's a daily dose of Labour's plans come through on Linkedin. Mainstream media aren't reporting them for obvious reasons.

 

[Sniffer]

Greater Manchester Police - No further action against Angela Rayner.

 

[Wellen Wolf]

Greater Manchester Police - No further action against Angela Rayner.

I assume they are too busy on the cases of Rishi Sunak, Lady Mone, Michael Gove, Matt Hancock, Boris Johnson, Grant Shapps or whatever name he is using nowadays....

 

[Tredman]

Dianne Abbott being forced out is very poor, should have been able to show forgiveness and understanding can change views.

 

[Deutsch Wolf]

Torn on that one. Turfing someone out because you just don't like them and/or they pal about with other people you don't like is a poor look, but on a national level she's been a liability for 20 years or more, she continually comes out with stupid shit (accepting that a fair portion of the hate she gets is a mix of misogyny and racism, so it doesn't matter what she says).