Scared of what labour will do

That's why I'm going on a spending spree, they can't grab what I don't have.

I was happy to listen to you before you spouted playground shite like this.

There is £723 billion invested in ISA's, with almost zero benefit to the govt or the average tax payer.

A limit on the amount that can be held in either cash or shares would be fairer and raise a lot of money

Wow, this thread has brought out a lot of bitterness - perhaps it's just a thread too many (must have been dozens of them, yawn 🥱). I learnt a long time ago, no point worrying about stuff you can't alter or might never happen and this comes under that umbrella. Chill.

Oh good another terrified of Labour post. These really are circular. Is Trump the bees knees today?

I would rather by far have our current government than say, Farage with his nose up Trumps and therefore Putins arse. Imagine if Truss was PM right now, how many Nazi salutes would we have seen from the house?

Get a grip- currently there are much ore terrifying things happening than a Labour government.

Happy to pay taxes but it has now become like financial abuse in this country. I rather live in a society where you can prosper and create wealth and not working to mainly pay for the benefits of others. Whether is Labour or Tories both have contributed to this mess. I do not see any future here.

I agree there is too much weight of income taxes and we need to rebalance. Much of the west are facing similar demographic issues in terms of a shrinking tax base. @dottiehens where do you think is better?

Cash ISAs are mainly what pensioners have, people are not going to want to invest for years when they are old and risk losing their money. So no surprise there if they go.

About time too, its ridiculous that ISAs, originally set up to help ordinary people save, are now used to avoid tax for v wealthy people.

ISA's Peps and Tessa's originally were not cash only, i think 50% had to be in stocks & that was at a time when these things were invested in the UK..

Now we give tax advantages to invest in other countries...madness.

Just read your own post back to yourself - for the NI increase to have raised more it would have to have taken more money away from businesses - you know, the money they use to pay employees and invest in developing the business.

If they'd gone for income tax then people running businesses (like me) would have moaned for a bit but wouldn't have had to revisit budgets and longer term plans to cut costs and investment spend to make everything balance again. We have managed to do it without redundancies but we have cut future hiring plans and deferred investment in the modernisation of some of our systems. All anti-growth and again, all entirely predictable.

(I'm posting assuming you're not one of the "grr, business bad" people - no need to reply if you are)

DH and I both pay tax on our pensions, we cannot claim our state pension for another decade.

It’s been mooted that it’s Cash ISA products and not stocks and shares ISA products.

Off you trot then.

Yes, It is obvious you are all of those things.
Happy to pay taxes but it has now become like financial abuse in this country. I rather live in a society where you can prosper and create wealth and not working to mainly pay for the benefits of others. Whether is Labour or Tories both have contributed to this mess. I do not see any future here.

Yep on every thread

Op not much you can do but wait and see. There may be cuts

Wrong poster, i never made any link to Russian propaganda at all.... people are able to be anti Labour without being a Russian troll.

PS didn't need to pass on the VAT charges, they could have increased class sizes...many passed on 20% despite now being allowed to claim back VAT.... so they ve made money from this measure....

These schools have also been increasing fees why beyond the rate of inflation for at least 20 years.

The effects on inflation of this measure is tiny... far greater are energy costs but inflation of 3% is nothing like the 11% Truss and the Tories gave us...

After all, if you blame the increases in inflation now on Labour, then its fair to blame the Tories for increases under their watch.

I hope you enjoy the USA or wherever you re going.

Usual bot accusation

Thanks

Just hold onto your little council flat, NHS or top up credits while you can.

Gosh, you sound so bitter.

You’re not. I’d like to know too.

Sorry quoted you by mistake.

Home owner, higher tax payer NHS loving voter here. A Labour government is the best chance the NHS has of surviving.

And re the US I think it’s a great country however I don’t think lying awake worrying about health bankrupcy, your child being shot at school and billionaire dictators being able to dismantle your constitution, security and society at the flick of a pen is a great quality of life.

We have American family and trust me life does not feel great for the vast majority of Americans at the moment.

So how come so many Americans are wanting to leave their country? A country where the president wants to take away all benefits.

Also it was the tories that created the green paper for vouchers for pip.

At the moment personally I am better off under labour than the torys who decimated public services. This may change, time will tell.

@Neurodiversitydoctor Pensioners do not have a higher personal allowance.

I think it’s worrying times and the whole world is facing economic struggles. I am worried, our economy is weak and our route out which was economic growth has been hampered sadly by the rises in national insurance. If business have cut staff, not recruited more, and passed the hikes to consumers through higher prices, people will stop buying and you start getting in a cycle. It doesn’t look good

This exactly.
While I think WFA should have a higher threshold. The penision generation have 25 percent with homes worth over a million. They will have more opportunities than the youth ever will. Unless they are lucky enough to inherit.
Farmers should pay the same IHT as everyone else and they have 10 years.

You are getting sucked into right wing social media. You will be thinking it's ok to nazi salute next!