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Labour planning to freeze tax thresholds longer

184 replies

Overthebow · 19/10/2024 11:35

In the news today that they’re considering freezing the income tax thresholds past 2028. AIBU to think this is absolutely a tax rise for workers? I can’t believe they’d do this, they’ve been frozen for so long already.

OP posts:
Aduvetday · 19/10/2024 14:58

ilovesooty · 19/10/2024 14:55

I was under the impression that that sort of statement was against Talk Guidelines now.

Funny how it was ok for the old regulars to scream Tory bot though eh? It’s hilarious watching people squirm over the mess that is Labour. (Not a Tory voter). Can’t wait to see the comments when the welfare cuts hit. A bit of told you so on here I think!

ilovesooty · 19/10/2024 14:55

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I was under the impression that that sort of statement was against Talk Guidelines now.

MrsTarka · 19/10/2024 14:54

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Maybe if salary sacrifice schemes and pension contributions are involved these will increase the tax paid by very high earners.

cardibach · 19/10/2024 14:45

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I’m really not a bot. Or even a member of the Labour Party these days. And whose fault is it if not the Tories?

Sailonsilverrgirl · 19/10/2024 14:44

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cardibach · 19/10/2024 14:44

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No. What I’m saying is that taxes on salaries - PAYE - will likely be unaffected.
Which is what they said, though as pointed out previously the OBR have confirmed the Tories spent more than they said they had, so it might need to change a bit.

cardibach · 19/10/2024 14:42

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It isn’t a Labour definition/justification. It’s the posters own view.
The poster was pointing out that some people can afford to not give a fuck about many of the messes the Tories have left.

Sailonsilverrgirl · 19/10/2024 14:39

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Sailonsilverrgirl · 19/10/2024 14:36

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cardibach · 19/10/2024 14:30

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If they earn that all as a salary, yes.
That’s a very small number of people though.

Sailonsilverrgirl · 19/10/2024 14:29

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EasternStandard · 19/10/2024 14:28

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It’s all over the place. But very clear apparently ;

It could be ‘some business owners’? Who knows

cardibach · 19/10/2024 14:23

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As per the post. People who pay privately for many of the things provided by public services.
Why is everyone anti Labour also so disingenuous?

Sailonsilverrgirl · 19/10/2024 14:22

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cardibach · 19/10/2024 14:21

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People who work for a wage/salary.
Not people who have a passive income.
Some business owners, but not all as their remuneration works in a different way.
Several people (including me) have said this already on the thread. Plus it’s pretty obvious if you aren’t playing games.

Aduvetday · 19/10/2024 14:20

Anyone who isn’t a public sector worker was always going to be screwed over. Personally, I’m looking forward to the welfare cuts they are keeping which the Tories started. Bitter pills and all that. People were very quick to think they were going to get something for free with Labour and didn’t think it through. Productivity is already being hugely damaged - more than it was already - which is remarkable.

Sailonsilverrgirl · 19/10/2024 14:16

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indigovapour · 19/10/2024 14:15

@cardibach yawn- we can all read what the IFS and Full Fact had to say about the "black hole". Lie to yourself if it helps you feel better, but not to others please.

ReturnoftheBink · 19/10/2024 14:08

NoWordForFluffy · 19/10/2024 13:55

Yes, but it's dishonest to say that the vast shortfall is bigger than you thought when a) you've added to it yourself and b) you knew you'd have to add to it pre-election. That's my point.

It is bigger than thought for this and the upcoming period to spending review, because there were a number of unfunded policies. The OBR (who should have access to all the numbers from Government) have said that they did not have all of the information they should have done from the previous government, and therefore it is IN PART legitimate for Labour to argue that the deficit is even bigger than anticipated.

What is not legitimate is for any government to have suggested it can all be solved by growth.

ilovesooty · 19/10/2024 14:07

EasternStandard · 19/10/2024 14:01

Ok so Labour hid the information from the electorate to get into power. I recall a lot of backlash over the suggestion of tax rises with many angry enough to say it wouldn’t happen.

If as you believe they will raise taxes I doubt everyone will feel as happy about it. It’s incredibly dishonest

I have no idea what they had been able to plan in detail prior to the election. I expected some form of tax rises and voted with that expectation in mind. I'm sure you'll know more about what other posters claimed re tax rises prior to the election since you're very invested in what people did or didn't say. Now, about the straightforward question I asked you...

EasternStandard · 19/10/2024 14:06

ByMerryKoala · 19/10/2024 13:56

I don't think that made it into the mix about the benefits of voting Labour. Apparently they were to usher in a new wave of honest policies, grown up politics, without corruption - and they'd govern kindly and remember the vulnerable and take great care not to fuck them over.

There has been some rapid revisionism over the last few months. Apparently everyone knew they were lying, that having the begging bowl out for fancy things was still on the table, and that, despite age uk's warnings about the harms about to be unleashed by the low threshold for wfa, that they are all very relaxed about that because they all have rich, tatty parents who spent it all on shit anyway. Who knew?

Edited

Apparently everyone knew they were lying

ha yes

cardibach · 19/10/2024 14:05

NoWordForFluffy · 19/10/2024 13:47

What's pointless is trying to discuss this kind of thing with Labour's hardcore supporters who don't want to hear criticism.

I’ve criticised them myself elsewhere. The ‘hardcore’ here appears to be Tories who can’t admit their Party fucked the country royally.

MikeRafone · 19/10/2024 14:03

so far we haven't had a budget - what taxes have raised since labour came into power?

EasternStandard · 19/10/2024 14:01

ilovesooty · 19/10/2024 13:53

I have no idea what I posted pre election but I voted fully expecting that tax rises in some form would happen and money would have to be raised somehow. I didn't expect the Labour Party to be be explicit pre election about how that would happen. Perhaps you need to look at the Reform Party's tax propositions and you might be able to answer my question. It appears that you expect transparency and explicit plans from the Labour Party but not from any other party.

Ok so Labour hid the information from the electorate to get into power. I recall a lot of backlash over the suggestion of tax rises with many angry enough to say it wouldn’t happen.

If as you believe they will raise taxes I doubt everyone will feel as happy about it. It’s incredibly dishonest

MikeRafone · 19/10/2024 14:01

It was their first day in parliament they mentioned the black hole.

this is there get out - hardly as if they could have gone through the books in record few minutes

and yes Torys did leave a black hole but its silly to think they/labour didn't know