Labour isn't working - Thread 6

[TheNuthatch]

A chat thread for those who don't like this Labour government. Labour isn't working.

The problem with socialism is that you eventually run out of other people's money.

Previous thread
www.mumsnet.com/talk/_chat/5382194-labour-isnt-working-thread-5?utm_campaign=thread&utm_medium=share

It was one of the first things Starmer did when they won the election. Now his own mps are calling for its return. How embarrassing for him! Oh well, never mind 😂

Lewis Goodall was on LBC recently and suggested that inheritance tax should be hiked up to 100%. So when I die, the state can just take my home, have all the money in my bank and savings account, life insurance and all my other assets? What planet are these people on? I’d sooner spend every last penny than let the state steal it from my children.

Tax is a legalised form of theft.

Agree, perfect analysis of how they operate. It's infuriating.
It will be interesting to see how many more come out for leaving the ECHR as the small boats figures worsen.

I've heard that too, but it wasn't on X as I don't use it. Perhaps it's something to do with this?
https://www.bbc.co.uk/news/articles/cn7yel28rx6o

Agree @MumOfManyAliases unless they put people in jail for making sure they have nothing to leave, that’s exactly what we would do too - it’s beyond a joke that this is on the table.

They say that every so often the children (Labour) are allowed to play and then we decide we need the grown ups (Conservatives) to come back and clear up the mess.
Tories really need to get themselves organised and electable by the next election.

Me too!
What an idiotic suggestion from LG. I have heard Labour supporters say that they don't care what happens with inheritance tax because they'll be dead when it happens.I've never understood why anyone would feel like that.

I think a lot of Labour supporters are blinded by ideology. The term ‘far-right’ is bandied about a lot, but you never hear ‘far-left’. Funny that. My husband’s view is that if they did this, then they will just make peoples’ homes into state-owned homes. If god-forbid both parents die before their children that would effectively mean both kids potentially being taken into care and the parents’ assets, family home etc, taken by the state. Evil.

Yes..I read a comment recently that someone was just happy to have a Labour government for the next 4 years. Just that. No critical thinking at all.

This is what I worry about as a single parent, the govt taking all my worldly goods on my death and my children getting nothing. Hopefully though if Labour introduced anything like that it would be reversed by the govt we have next.

I don’t think they would get away with implementing something as extreme as this - there would be too much outcry from the public and they would make themselves unelectable for the foreseeable future.

Yes true (think they are already unelectable though so maybe they have nothing to lose)

They wouldn't get away with anything like that LG suggestion. It wouldn't survive parliament. You're right to worry though with this lot in charge.

DH and I have made an active decision to be as labour-proof as possible for the next four years. No big family spending or house moves etc. Same with our small business, just try and keep it ticking over quietly, no risks, until this period of labour batshittery is over. Self protectionism.

I'd rather bury my money in a field and leave my kids a map than let the gov take the lot when I die.

Yes I’m the same and financial adviser has advised no big changes or expenditure, advising me for the next few years to “sit tight!” I just feel constantly uneasy wondering what Labour are going to do next, it’s horrible.

I'm new to the thread ( well a few hours ago , Hello ) I remembered being berated on a general thread for commenting that are having to go from a long term relationship of many years to having to marry thanks to Starker at al for bringing in tax on pension plans ( i.e inheritance )other than married couples .
We did marry for that sole purpose ( know it's not happening til 2027 ) but for those single people , can you leave a private pension to your direct family members children , siblings niece / nephews if no children and it be tax free ?

Yep us too. Obviously got to survive DH redundancy (thanks Reeves 😡) and VAT on school fees but zero will be spent on anything else. It's very much a survival phase for next 4 years.
Had couple meetings with IFA on how best deal with everything.
1 think they suggested was setting up a Junior pension for DD so we've done that to funnel into.

Suspend ECHR to pave way for migrant deportations, Blunkett tells Starmer

What a good idea David Blunkett. He’s often been a bit of sense in his raving left loony party.

I think someone mentioned this Blunkett sense above.

Archive link to article

https://archive.md/MM0If

Sorry I don’t know the answer but I can ask my financial adviser next week if you like ? Probably like most things financial it isn’t completely straightforward.

So Labour

Who is going to fund your benefits bills now?

Who is going to prop up your state shambles?

Who is going to pay to look after all the ‘asylum seekers’?

Wealthy tax payers are leaving or putting up the barricades against your thriving grubby fingers. 🤢

https://www.independent.co.uk/news/uk/home-news/rich-list-billionaires-leave-non-dom-tax-labour-b2752227.html

Blunkett’s intervention is gold dust for Badenoch if she is to announce withdrawal from the ECHR. It would be very difficult for Starmer to call her extreme (or “unserious” 🙄) when one of the best known Labour figures supports suspension.

True, suspension isn’t withdrawal, but it shows that many people are in favour of at least derogation. If memory serves, Blair also said he would be willing to derogate from the ECHR after 9/11.

Yes! He has more credibility and respect from his party in his little finger than Starmer has at all. Great stuff. Come on KB take advantage.

Welcome @Jennalong 👋
And congratulations on your marriage, despite the circumstances that led to it.

Yep, another open goal for KB to exploit. She never seems to make the most of these opportunities though, it's frustrating to watch.

I shudder to think we might ger Angela Rayner if Starmer goes.