Sir Keir Starmer and the budget

[disappointed101]

Can someone explain in layman‘s teens how “The middle” will be affected by the budget? We are comfortable but not stinking rich by any means. Reading what people are saying makes me feel sick. We have a good disposable income due to almost being mortgage free, older kids etc but don’t spend on luxury items save for holidays. Is it even worth working at this point? Is it worth having savings or should we spend our savings and upsize in property? I’m so worried he’s coming for everything we have worked for in the past 20 years.

Yes, just because people think Labour are terrible it doesn't mean they are Tory supporters or didn't think they were pretty bad too. That is the level of debate you get on mumsnet though I'm afraid. I think the main problem is that none of the Labour front bench have started a small business and very few have even worked in the private sector so don't have a clue - most of them have just worked in politics or public sector, several of them only have a seat because they're related to someone already in politics (Sue Gray son, falconers son, kinnock, Benn etc) and they're all clueless and entitled. They're already driving away alot of young professionals and wealthy people.

🙄

Honestly I'm sickened by what they are doing. I was excited when he first appeared. I genuinely don't understand how they can be worse that the Tories as thats some feat! People are effectively being punished for being savers and responsible. I am worried at what state we are going to be in in 5 years time.

Again...I don't think the tories would have done what labour have, as they hadn't done it previously and had plenty of opportunities to do so

I think labour should not have done the things that I've listed that I have a problem with. Non of which were in their manifesto.

Can't make it much clear than that for you!

Where did I say I thought you were a Tory or mentioned who I thought you had voted for?

I was a lot more worried when I had virtually no pay rise for over 10 years, causing me to become increasingly badly off and when our mortgage payments rose considerably following Truss's budget.

If we want public services to improve, the money needs to come from somewhere and there are currently places it can come from.

BTW, the budget hasn't happened yet.

@ShowmetheBotox same and I'm wondering if it's partly because whilst dad was a tool maker.. Keir himself hasn't actually grafted.

if Labour increased taxes by 10% tomorrow do you really think it would be “taking everything you own” or “not “worth working”? Are people this stupid or is this forum actually full of AI bots?

@yeaitsmeagain the "you will own nothing" nonsense means a house, car, everything will belong to the Illuminati and we will all be thankful to rent our whole lives off them.

Not throwing out DVDs and loaning library books.

I do suspect that some posters are actually Tory shills. The constant repetition of supposedly witty nicknames and the use of "sir" are giveaways. You can see it in the press- the characterisation just gets set in people's minds. It's like "milk snatcher" and "the grey man" and "bliar" and "but her emails" Cheap and very effective.

No one is coming for everything you have - 20billion is a few hundred per head of population not your home, pension and all investments and savings , and the intent will be that those with more pay more in absolute terms not necessarily a larger share of what they have

The detail will be revealed soon but no one can say how you will be personally affected

I do personally think it's right to ensure that unearned wealth growth is taxed somehow

@Christmaschristingle " Keir himself hasn't actually grafted."

What do you mean by grafted?

Interest in Savings is usually taxed - albeit with a limited Isa allowance - are the tax rates going to be higher than now or are isas being abolished ?

Or are the savings you are worried about actually investments that have managed to escape the taxman ?

high compared to what? Other countries? No they’re not high. History?!
I suspect they won’t raise income tax or vat but we will get other rises that will hit some people- again, mainly in negligible amounts individually

@CurlewKate long hours for years in hard boring low paid jobs

As I said in my post, I happily don't own a car. I don't like owning things. If I had the money I'd live in a hotel and have someone else paid to handle all the drudgeries like cleaning the bathroom mirror daily and changing the beds and cooking the food, while I chilled out in the spa and swimming pool (which I also don't want to own myself because, annoying). I don't want to care about decorating and replacing windows and organising tradesmen and paying heating and electric bills and all the rest of it.

But I also don't believe in tin foil hat theories, so there's that.

We evolved past the lord of the manor concept centuries ago.

Every time Labour posters going on about ‘shills’ and ‘bots’

Just report if you think you have it

Unfortunately many on here don't understand basic economics (similar to Labour). Making it difficult for small btl landlords will not result in decreased rents (the reverse in fact). In fact the only landlords able to absorb greater cost and bureaucracy are Corporates who will hoover up the sector and charge more. Interest rates are below real inflation so anyone with savings is already losing money in real terms and will lose even more if interest is taxed more. Labour don't value self reliance and working hard and would rather we were all dependent on the govt as like to control people - that is the left.

Hmmm. On that basis I think the relentless Tory bashing and use of nicknames about Tories would have exposed MN as a Labour operation years ago.

Are you offering to pay more tax, how much?

Yes. What is the bench mark for being 'wealthy" now? Not being on benefits? its honestly like people dont mind being **cked as long as its not the Tories OR they have never worked a day in their lives and nothing effects them

@Rummly "Hmmm. On that basis I think the relentless Tory bashing and use of nicknames about Tories would have exposed MN as a Labour operation years ago"

You may have noticed I chose examples used by both "sides".

What difference does it make how much extra tax I personally would pay? I could say I am fortunate in that I could afford to pay 50% more tax without it changing it my lifestyle but that doesn’t mean I think it’s what Labour should or would do!

having been through the wringer with nhs cancer care recently though I’d say I’d be happy to pay plenty more tax if it mean I didn’t have to wait 35 days for a diagnosis if I get cancer again or wait 18 months for a reconstruction surgery following the cancer . Does that help?

Fucking AI bots and idiots.

Do you mean housing associations? Because there is no other big scale corporate landlord in operation in the uk at that scale.

housing associations are not for profit and don’t “charge more”

I did indeed notice that. I also noticed that you didn’t suggest that anyone using any of the (historical) anti-Tory labels was a Labour shill.

If you’re suggesting that there are lots of mindless, reflexive supporters of Labour as well as similar Tory supporters, we agree.