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Original poster

What is labour coming for next?

528 replies

MikeRafone · 30/07/2024 17:33

I reckon after 12 years of dozen fuel duty that drivers will be next

what tax will the collect next to fill the black hole

OP posts:
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absquatulize · 30/07/2024 20:26

Mamadont · 30/07/2024 20:13

It's already unfolding........

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Punishment like valuing public sector workers and paying them properly?

MaidOfAle · 30/07/2024 20:27

MikeRafone · 30/07/2024 20:11

If he sells the commercial buildings, and they all sell up - what do you think happens to the value? Why have they got the commercial buildings? It’s a miney making scheme, so that’s a stop to that

it quite as simple as selling up

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A fall in property prices across the board caused by mass sell-ups would hurt people with low equity, but it would also help first-time buyers a lot.

Commercial buildings can be repurposed into housing.

absquatulize · 30/07/2024 20:29

newmummycwharf1 · 30/07/2024 20:20

Hence the need for high earners. Net contributors are too few and Starmer knows it - so I am convinced he won't squeeze too hard or his hopes of growth will go poof!

Ultimately the country needs to be more productive and create wealth. Without wealth - there is nothing to support the welfare state or universal healthcare with.

Drive up aspiration, create opportunity and promote innovation. Tis the only way.

And personal responsibility because the government has a role to play but so does the populace.

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Would there be fewer on benefits if those net contributors were paid a little less, and those who are not paid very much, were paid a bit more?

MaidOfAle · 30/07/2024 20:29

Livelovebehappy · 30/07/2024 19:49

Clearly on here, the overwhelming wish is to see the poorer become a lot richer, and the richer to become a lot poorer. People go to university, spend many years studying to get a very well paid job. Think GPs, solicitors, accountants etc. But according to some on MN, they should be only marginally better off than someone working the tills in Tescos. Why would people even bother to go through years of training, incurring £9k a year student fees, to not be earning according to their skill set?

There's GP levels of well-off and there's rich. They aren't the same.

VividQuoter · 30/07/2024 20:30

oh definitely, tax the oversized ugly cars which are everywhere and driven by just one person with no kids or elderly relatives living with them

godmum56 · 30/07/2024 20:30

RationalityIsHard · 30/07/2024 17:48

I'd like them to tax luxuries more, as they are already doing with the VAT on private schools, but use it to subsidise the essentials.

So tax flights and big SUVs\Range Rovers\etc and use the money to subsidise the trains.

Or tax luxury food and drink and subsidise british fruit and veg.

Or tax private healthcare and use it to fund the NHS.

However the most obvious thing to do, but also the hardest, is to tax the wealth of the very rich (anyone with over 10 million in assets) and especially the super rich (over 500 million) before they own literally everything and most of us go back to being serfs.

Private healthcareis already taxed

absquatulize · 30/07/2024 20:32

MikeRafone · 30/07/2024 20:20

Ride my bike more, it’s far better for me than paying more fuel duty

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Everyone wins then.
You have convinced me that increasing fuel duty is a good idea.

AvrielFinch · 30/07/2024 20:32

Tax SUVs. I see ridiculously large cars being driven around suburbia.

dollybird · 30/07/2024 20:33

Miley1967 · 30/07/2024 18:49

They should tax second home owners hugely. Especially those that then rent them to family members who claim Universal credit to pay the rent.

What about second home owners who let their family live in it for free?

AvrielFinch · 30/07/2024 20:33

@Livelovebehappy the difference between the two has widened massively. People still went to university and studied when they "only" earned three times as much.

RationalityIsHard · 30/07/2024 20:35

godmum56 · 30/07/2024 20:30

Private healthcareis already taxed

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No it’s not. It is a taxable benefit in kind if you get it as a perk of your job, but that isn’t the same thing. It does not incur VAT if you pay for it privately.

caringcarer · 30/07/2024 20:36

Miley1967 · 30/07/2024 20:14

Uc certainly do allow people to claim housing benefit or UC rent element when renting from family as long as they don't suspect a contrived tenancy. Have you tried renting any of your 11 properties to any family members? And many second home owners don't even have mortgages on the property?

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No, all of my houses are legitimately let out to members of the public. The majority of btl LL's have interest only mortgages.

AdviceNeeded2024 · 30/07/2024 20:38

Not RTFT but wouldn’t it be nice if they got people in who actually knew what they were doing/talking about, experts in their fields, to review inefficiencies everywhere.

For example: People to be bought in to review the NHS who really understand how to run a business properly, budgeting, procurement, to assess which jobs are not useful, alongside actual doctors, nurses, medics etc who can say what is needed to make it work with the ‘boots on the ground’ experience.

If they could do this with most projects and departments it could help!

I agree about ‘vanity projects’ that are not pressing at the moment should be put to one side.

I do hope Labour will be better than the Conservatives, can’t see it being much worse.

HarryLimeFoxtrot · 30/07/2024 20:39

AvrielFinch · 30/07/2024 20:33

@Livelovebehappy the difference between the two has widened massively. People still went to university and studied when they "only" earned three times as much.

But at that point university was free. And you didn’t end up straddled with debt and paying student loans back at 9% for decades.

ilovesooty · 30/07/2024 20:39

Mamadont · 30/07/2024 20:13

It's already unfolding........

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Oh really?

TeatimeForTheSoul · 30/07/2024 20:40

Previously it was not permissible to apply VAT on any form of education.
First it’s the private schools, next it’ll be Uni’s, nurseries and extra curricular
May not be Labour who do it but now the door’s opened the next Gov will

SD1978 · 30/07/2024 20:42

How about actually taxing the corporations making billions and paying fuck all, instead of trying to rip each other apart from the middle down. That would be useful. But instead they'll come after the east money, and those with millions will continue to make even more

absquatulize · 30/07/2024 20:42

TeatimeForTheSoul · 30/07/2024 20:40

Previously it was not permissible to apply VAT on any form of education.
First it’s the private schools, next it’ll be Uni’s, nurseries and extra curricular
May not be Labour who do it but now the door’s opened the next Gov will

Just in the interests of factual accuracy I would like to point out that home student university fees are paid up front by the government so you would suggest putting a tax on government expediture. Some students (estimated to be 23% for the 2022-3 cohorrt) will then pay back that in full through the graduate tax student loan scheme.

AdviceNeeded2024 · 30/07/2024 20:43

@newmummycwharf1 Personal Responsibility… one of my favourite phrases! 😁

Sadly I feel it seems to be lacking and getting less and less at an alarming rate! Too many expect the state to sort out their problems and wipe their arses… all draining resources that could be better used elsewhere.

Perplexed20 · 30/07/2024 20:43

MikeRafone · 30/07/2024 17:33

I reckon after 12 years of dozen fuel duty that drivers will be next

what tax will the collect next to fill the black hole

🙄

absquatulize · 30/07/2024 20:45

AdviceNeeded2024 · 30/07/2024 20:43

@newmummycwharf1 Personal Responsibility… one of my favourite phrases! 😁

Sadly I feel it seems to be lacking and getting less and less at an alarming rate! Too many expect the state to sort out their problems and wipe their arses… all draining resources that could be better used elsewhere.

I find that social responsibility seems to be very much lacking, particularly among some posters on the VAT on private school fees threads.

Pebbles16 · 30/07/2024 20:46

Wafflefudge · 30/07/2024 17:56

Trouble with fuel duty is it penalises people living in rural areas who already have lower earnings in general.
Luxury taxes would be good as they are completely discretionary. Things like luxury cars, designer goods etc.

Yep, they will have to fix public transport infrastructure in rural areas before really going after private cars.
Well they don't HAVE to, but that would be the fair thing to do

TeatimeForTheSoul · 30/07/2024 20:47

absquatulize · 30/07/2024 20:42

Just in the interests of factual accuracy I would like to point out that home student university fees are paid up front by the government so you would suggest putting a tax on government expediture. Some students (estimated to be 23% for the 2022-3 cohorrt) will then pay back that in full through the graduate tax student loan scheme.

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Very kind of you to supply these details.
How would this negate the application of VAT on Uni fees? Obviously it would be no deterrent to applying VAT to any form of academic/ sporting/ music tuition or nursery fees.

MouseMama · 30/07/2024 20:49

Bring CGT up to income tax rates, introduce a gifts tax, narrow business and agricultural property relief from IHT and then introduce a wealth tax. Maybe a specific tax on second homes if they think outside the box…

TiroirSousLeMiroir · 30/07/2024 20:50

florasl · 30/07/2024 19:54

I think labour will really cripple the middle class, in five years the reform voters will return to conservative and we will get a conservative government return to power.

In the mean time we are looking in to emigrating to America. I lived there as a child and loved it, it was absolutely the best childhood. DH’s family are incredibly wealthy and are likely to move to Dubai.

I'd love to hear more about that. What was good about it from a childhood point of view, and where did you live?