Salary sacrifice to be taxed

Blair's idol was thatcher.... No real labour party has been in that I can remember. B. 1971

Labour won the election, that was the point they turned their back on troys knowing that labour wouldn't change their advantage of being able to purchase their council home that they had lived in since 1981 or whenever

This. All day long.

I disagree. Those voters had already turned blue because the bribe worked.

I don’t see what was in it for them by keeping it because most Labour voters have always hated it

it would lose them votes and they knew it, labour voters were loving the fact they could purchase their houses from the council, it was the self preservation and selfishness kicking in

A lot of erstwhile Labour voters switched their allegiance to the Tories when right to buy was introduced, exactly as they were bribed to do. Blue collar Tories were an unknown phenomenon pre Thatcher.

What’s so great and left about trapping people in social housing or private rentals?

Again does depend who you know…I’m certain the right to buyers (one of whom was a Labour councillor) I knew didn’t suddenly start spouting Tory lines.

tbh, it’s what’s wrong with this govt, no aspiration to get people into work or home ownership…it’s not a Tory idea.

Created a load of Tory voters.

Precisely. Just as intended.

I think it was, and remained, popular with Labour voting council tenants. I have met people over the years who will not have a word said against Thatcher because her policy allowed their family then to buy, when they wouldn’t have been able to otherwise. Created a load of Tory voters. Labour voters - as I was - didn’t agree, but I had nothing to gain so wasn’t swayed by personal gain.

May have to agree to disagree on that one - it is certainly true with hindsight it’s unpopular given population increase driving housing shortages and private rental issues.

It wasn’t popular with the majority of Labour voters. There’s not much point in increasing the amount of social housing if it’s going to be sold off at a knock down price a few years down the line.

Perhaps it wasn’t a popular policy amongst owner occupier Labour voters in North London etc but saying it wasn’t popular amongst Labour voters…

I wonder which Labour voters you knew? Know several Labour voters in south London who made life changing sums out of right to buy - Blair didn’t change it because it was a way of getting some people who’d never have had a chance on the property ladder.

rather than stop it, what they should’ve done is build more social housing - the story of house prices is all related to rising population and not sufficient stock.

and we’ve got a depressed construction industry and missing building targets…

I agree. I was very disappointed that the Blair/Brown governments didn’t get rid of right to buy and quite honestly I don’t see what was in it for them by keeping it because most Labour voters have always hated it. No incoming government could have corrected the worst of the damage because it was irreparable - deindustrialisation, pit closures, privatisation - there was no reversing those.

Whilst I agree, Labour came in 1997 and they didn't make any changes to the big policies that Thatcher made - they for example didn't stop "right to buy" which would have had large implications to the housing market and New Labour being voted in for another 2 terms

So whilst yes Thatcher made some.big changes which still affect us now, other governments haven't changed this for their own selfish gain.

I’ve thought that for a long time. The evidence of Thatcher’s children is everywhere now. And the repercussions of her premiership keep echoing.

Yes!

I remember all that selling off uk assets and some people in my workplace all excited for their shares they were going to make loadsamoney from. All that tell Sid stuff.

Doesnt England have the only fully privatised water industry in the world? That went well.

We have marvellous public transport don’t we?

Public housing sold off cheap and not replaced (blame all successive governments for not having the foresight where that would end up and fix it). Even as a young person then I knew it was wrong. Both my parents grew up in council housing. But I suppose a few people make money from ridiculously high rents so it’s all good. Funded by taxpayers in housing benefit components.

Thatcher may have had conviction and strength, but her legacy gets worse as time goes on. And looking back, the first Blair government could have done something about the council housing policy but didn’t.

Thatcher made everyone selfish gits.

Yes they do - which one doesn’t?

Any uni that doesn’t salary sacrifice its pensions, whether they’re USS or any other, needs a new CFO frankly. Who’d volunteer to pay more NI.

Why do you think the labour party are for you?

Labour is for criminals, immigrants and benefits people.

Most USS pensions do not use salary sacrifice

Agreed, it’s a shit policy entirely. OTOH, returns on money paid into db schemes are much higher, so it’ll impact the pension pot for those in the private sector dc schemes more severely.

Why the retirement wealth gap is about to get wider

www.thetimes.com/article/b9f6c9bd-5c53-4497-b749-0bc27c3c2745?shareToken=68ba40f1cc8872b04edc261d16d0fe93

It's worth noting this does NOT just affect the private sector. The University USS pensions also use salary sacrifice and this is going to have a very negative effect on our pensions. Honestly, if this goes through I will never vote labour again. Its appalling.

You said it was "classified as double taxation" - I'm just asking where that classification comes from. I don't need you to justify your opinion on it, I was hoping you were going to show me some credible source for your assertion.

Instead, I get word salad that doesn't make sense.

Clearly, you were just making stuff up.