Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Labour and tax

304 replies

Iwishicouldflyhigh · 19/06/2024 11:12

Is anyone else concerned about all the talk about Labour getting in and then increasing lots of taxes - capital gains, CT, tax on pensions etc. I'm accepting that they are going to get in, but i am genuinely concerned that they are going to clobber the middle classes.

I don't think that KS is a bad person (actually - with a few exceptions - i think that most politicians at least START in politics with the correct intentions), but i 'm worried that his genuine ideals are far more left then he is making out. The rich will be all right (they always are), but the middle classes (of which i am one) - i'm genuinely worried. He supported JC for God's sake!!

I think that people are genuinely so pissed off (rightfully) with the Tories, that they are voting in Labour with the idea that they can't be any worse. But i'm concerned that they might be (for different reasons).

Can any party really fix the issues in this country?

Please talk me down, someone!

OP posts:
Thread gallery
8
BrigadierEtienneGerard · 19/06/2024 11:33

One of the few things I know for certain is never to waste a moment worrying about any party's so-called "tax plans" in an election year.

The amount of distortion and/or downright lies in the press coupled with changes in financial circumstances when they actually get into government makes the whole thing a total waste of time.

user1497787065 · 19/06/2024 11:29

There is so much to 'fix' so they will either tax or borrow.

rwalker · 19/06/2024 11:26

It’s common sense the money has to come from somewhere
there stock answer seems to be growth
which would take years to get the payback to finance anything

and the big question is how will they make growth happen ,how long will it take and plan b if it doesn’t happen

there’s a deafening silence on this

KimberleyClark · 19/06/2024 11:19

Yawn.

Swipe left for the next trending thread