Labour and tax

I agree. Always in AIBU too, phrased as "AIBU to think Labour will create an apocalyptic wasteland" to get the traffic.

It appears that a new edict has gone out, no longer knowing what a woman is, but more Labour will tax you more.
Which is a particularly odd argument for the government to make given they have raised taxes consistently to their highest level in most people's lifetimes.

This.

Crap public services end up costing us more in the long run. Can't get a dentist, have to pay to go private. Hit a massive pot hole in your car, £500 to get it fixed. Bus not turned up, have to get a taxi to work.

We have quite a low tax burden compared to most of Europe, hike it up a bit please.

I am so tired of the Conservative Party and their campaigners posting on here to keep perpetuating the tax lies against Labour.

I'm not saying I'm Labour, I've promised my vote elsewhere locally (and not to the Tories!).

But they must honestly think us 'mothers' are really stupid.

Yes. So fairly low with only two thresholds. Also money from rent can easily be hidden in companies within companies and money paid out in dividends which, again is taxed at that low rate. I read on here that Rishi paid 25% tax in the millions he made last financial year.

If you make more in one year than an average person makes in 20 then you can afford to pay more than 25% in tax to maintain a civilised and ordered society. Greater inequality = higher crime rates and poorer mental health for everyone (including the wealthiest). More equal societies are happier.

Nope, the tax talk does not scare me - because I think it is propogander spread about to make people fearful of voting Labour.

ALL the parties have fiscal black holes in their manisfestos and Labour's seems to be among the smallest of them.

They have explicitly ruled out income tax rises, VAT rises, NI rises, CTG on first homes and council tax bandings/raises. I'm not sure what else that can do and personally think they have gone much further than any of the other. I haven't seen/heard a similar level of statements from the other parties.

In fact, the more I hear "Labour and tax" now, the more I roll my eyes at the other parties because I assume they are whipping up the fear to put people off voting for Labour.

Public services are on their needs, borrowing is sky high. The whole thing is a massive mess at the moment. There will have to be investment to sort it out. Some will come from growth, some from recouping lost funds and some will likely have to come from taxation.

What is the alternative though? Does anyone really think things can carry on as they are now?

So much less than the equivalent earned income through PAYE.

Sometimes, one word sums it up perfectly.

25% or 18% depending on your income

https://www.charnwoodaccountants.co.uk/how-much-capital-gains-tax-is-due-on-the-sale-of-a-second-home/#:~:text=For%20property%2C%20capital%20gains%20tax,profit%20made%20on%20your%20sale.

Nah, the well of tell us that they pay too much anyway, and that they should be treated nicely because they will leave if we ask them to contribute more.

The very well off that virtue signal that they will pay more tax to help others will still be very well off anyway so easy for them to do

The bot factory closed for the evening.

Sarcasm, or I was channelling my inner Tory/Reform voter.

Since they don't contribute to GDP why should we look after them ?

Because we are still HUMAN

Humanity is about people not GDP
Civilisation is about humanity at its best not animals in the jungle

People first and foremost with GDP as a tool to help us do that in a fair way

Without civilisation you have no farmers growing food for you to buy, no roads to the market for you to travel , no trained medics to fix you

Hang have I just fallen for sarcasm ?

To be fair, the reason that they are vulnerable is that they can't look after themselves, and since they don't contribute to GDP and growth, why should they expect that our taxes would look after them?

Also But Jeremy Corbyn, Keir's Beer, Angela's House and VAT on School fees.

Fortunately by contrast we can entirely trust the Tories to put up taxes on those who can least afford it.

This or more importantly, cut support to the most vulnerable.

I am a very high earner (the 1%) and am assuming i'll be a target to pay more and am happy to. I would rather pay more and see the country improve public services and invest to grow.

Fortunately by contrast we can entirely trust the Tories to put up taxes on those who can least afford it.

Isn’t it a very low rate though?

I agree. Happy for my DCs to be taxed if they have access to high quality childcare, excellent healthcare and great services.

Yes , I don't trust them at all on tax

What happened to the OP? They seem very concerned about tax but only posted once.

It might not be in the manifesto but saying things like Wales is the blueprint for rest of the country and Wes saying they will be looking to re evaluate council tax bands is enough to tell you what is going to happen from the horse mouth.

Then you have Khan who campaigned on no more war on motorists but focusing on tackling crime coming out and saying he wants to increase police capacity cos his focus is on achieving 1m fines for speeding.

Just look around and what they say and do that isnwhat is coming and if Wales is the blue print....

There is CGT on second homes now.