Labour and tax

Their definition of working people isn’t what you think though, it’s not people like my family who have 2 working parents, earn too much to get benefits and have savings and investments.

Labour have already said they would not tax 'working people' more.

The IFS stated their manifesto a conspiracy of silence and there will be tax rises and spending cuts over the next five years

Labour have already said they would not tax 'working people' more.

Just remember that Labours definition of a “working person” is someone who relies on the state and doesn’t have any savings.

Under their definition my DC as a teacher, with modest savings towards a house deposit, is not a working person.

There will be tax increases, even the IFS said their manifesto (and the Tories) wasn’t fully costed. I just wish they’d be honest and upfront so the electorate could make a proper decision. Many people have commented that they’ll pay higher income tax to fund the problems that we face so why can’t they simply be honest with us rather than hiding behind soundbites.

Not that scaremongering again...

Rishi Sunak and Boris Johnson have overseen largest tax rises since Second World War.

Labour have already said they would not tax 'working people' more.

I have no issues with them taxing big corporations more and making sure that they close tax avoidance loopholes. Or with them making sure that millionaires, landlords with multiple properties, air BnBs owners and other parasites pay their fair share.

At the moment the burden is falling on low and middle income earners and that is unfair.

This

Everyone I know is worse off thanks to the Tories. Not just financially, but accessing healthcare, education for their children, even things like the state of the roads and cars getting damaged by pot holes.

Who would vote for another term with them raising taxes and giving us nothing for it?!

On average under the Tories we are paying £13,000 more tax than when they came into power.

We already pay more tax then we did a few years ago. Tax bands have been frozen, we’re paying more and I don’t see any improvements. If they can come up with a detailed credible plan that shows exactly what improvements we will all see, and if everyone pays in more, then I’ll be happy to pay higher taxes. What I’m not prepared to do is pay more tax when millions aren’t, and have nothing to show for it. It’s all very well people on here saying they want higher taxes when in reality they won’t be the ones paying it, or only paying a very small amount more. Not saying this is you pp as I don’t know your financial situation, but I’ve seen lots of posts saying this.

Depends on what you want. No tax rises and the country still shit, nhs still shit, schools still shit no police etc...or pay more and it gets better.
Have to say I'm just as skint under tories and the country is still a mess.

Most right minded people wojldnt mind paying a bit more of they saw a difference in services. Under this gov, I've got poorer and I've now given up even trying to see a gp or nhs dentist.

Empty as in not lived in.

The people I know who are most concerned about the possibility of paying more tax are the ones who can most easily afford it and who go to great lengths to use the system to avoid paying it.

We are a very average income household but I am happy to pay more taxes and not reduce NI if the government spends it wisely on public services such as health, policing, education and social care. We have an aging population and the money has to come from somewhere.

"There are by some estimates a million empty homes in the UK."

Do you mean homes not own by anyone? or do you suggest expropriation of second homes?

There are by some estimates a million empty homes in the UK.

@Noddedoffagain
Well actually part of my job involves working with 'undocumented people' in a city centre and I can tell you the hotels are rammed with mainly males age 22 - 30 , basic or no English and unskilled. Now if there is 90000 ( OK I agree this is probably exaggerated by the media) who pays and builds housing? There is a shortage of builders ? Who pays ? Middle earners likely. Do other countries provide homes and welcome parties for young men arriving illegally on boats?. After your 50 shite years, I hope your next 5 years are perfect, hope you wake up next Friday in Eutopia!

Thank you for the kind advice.

FFS. Give it a rest. This is the stuff that is really doing my head in. This election is so important. We are heading towards a world war, climate chaos, food shortages, health and social care crisis, prisons full - social unrest. Now, more than ever in my 50 years alive, we need to choose wisely. I’m not telling you who to vote for but please stop with the hyperbolic dog whistling, this is actually a really perilous stage of history.

That’s a very narrow view of what has fucked our economy and I suspect you are getting your perspective from narrow sources. Fact check your statements (put ‘fact check’ and then your statements into google and see what comes up) to make sure your decisions are rational rather than emotional. Sorry, that sounds patronising and I don’t meant to be, it’s just there is a lot of hyperbole, misinformation and dog whistling going on, some of it coming from Russian bots trying to destabilise us.

This election more than ever (as we head towards the chaos of climate change and an impending WWIII) we need to very carefully choose who is at the helm.

Has Starmer announced yet that he is going to tax women more because he doesn't know what one is?

Re Labour and tax:

Either liar or completely incompetent. I'm voting tactically against Labour

On a radio phone in this morning, KS was asked about the 25% tax free pension lump sum and said that this runs out in a few years time and does not intend to extend it.
Labour HQ when asked to clarify this said they wouldn’t be removing it.
Sounds to me like left hand doesn’t know what the right hand is doing.

Well I won't be voting for labour due to reasons that have been highlighted here. However on the flip side change is good.

This country has gone to the dogs since brexit and covid. Surely part of the reason why its turned to a shit show and no money for anything is due to paying back furlough and keeping 90,000 ' undocumented people ' in hotels up and down the country ( mainly young men and unskilled). Where does the money come from to build housing for these individuals?

I agree with @Wetellyourstory
Labour have said they won't touch income tax, vat or national insurance.

So they haven't ruled out;

Council tax, non-doms, capital gains, removing ISA exemption, removing pension inheritance tax exemption, removing pension lifetime allowance, or indeed introducing completely new taxes.

I hope they go the other way and borrow, go to 110% GDP/debt ratio and invest.

More expensive fees, less interest = cheaper overall

Currently the money people benefit whilst students and unis don't

Council tax rumours again on one of the news channels. Rebanding will not make it cheaper for anyone.

Student loan changes also rumoured to be making it more expensive to go to uni.

It's who exactly he taxes that matters though isn't it?

And how he uses the taxes raised

Higher taxes isn't bad if the taxes are fair and proportionate , society is happy and healthy and fulfilled - no child poverty, good health and education for all that kind of thing

Low taxes is bad if the poor are disproportionately taxed , and the taxes lost to paying your mates crap company for dodgy goods , and paying your family for "consultancy" to give you an excuse not to invest in things important to the general population

Of course he will tax us more - what else is he going to do to get all this money?!