Well, there we have it: Jeremy Corbyn has just been announced the next Labour Leader

[InTheBox]

With 59% of the vote (first round).

I've just been following the live BBC broadcast and just wanted them to get on with it.

No doubt people on both sides of the political spectrum will be overjoyed with the result.

'The middle classes see their children saddled with uni debt and unable to buy a house. These were people who by and large were Tory voters, strivers, people "getting on". There lot has got worse. The Tories only represent the super rich.'

Absolutely. The Tories only survive by the media helping them with divide and rule tactics. The middle class and the working class are both being squeezed to pay for the crisis the bankers created. All of us need a better health service, cheaper hoiusing, better paid employment, better working conditions, free education, free childcare, safer environment etc etc

The fear the Tories have is that Corbyn might unite the working and middle classes against the super rich lobbying elite that they serve.

'The super rich avoid tax; the middle classes pay it or emigrate'

Yes under our Oxbridge regime, but not under Corbyn. He will change the rules of the game. That is why the elite want to scare us and give him a red card.

The super rich have their assets abroad, or can move them there.
Do you intend making it illegal for the mc to emigrate ?

'He can change UK law all he wants. No country has much effect on the super rich and multinational companies.'

What is Blair going to do? Break the law or leave the country? If he leaves the country, Corbyn will win a landslide and the neverending gratitude of the British people.

caroldecker
"JC will scare the floating voters."

For the first time in years there is a politician that may bring non-voters, ballot spoilers and floating voters back to the booth.

He will however have to provide suitable policies first.

Claig - the problem is, it's likely he's going to have to tax the middle classes - the super rich are better at moving their money and themselves elsewhere. (they tried this in France, there's a reason there's been a huge movement from Paris to London of bankers avoiding the higher taxes, the richer you are, the more mobile you can be).

However, being clear what the tax rises would be, so that people can decide what he's offering is worth paying more out, would be a good policy. It's always the fear mongering of the Tories that Labour will increase taxes, with Labour trying to look convincing that they won't. It might well take the wind out of Tory sails with "yes, we will raise taxes, by X much on Y." It's treating the middle class voter as intelligent as well. Of course we'd pay more under a Labour government, pretending otherwise just makes them look like liars or unrealistic.

'The super rich have their assets abroad, or can move them there.
Do you intend making it illegal for the mc to emigrate ?'

The middle classes won't want to emigrate because Corbyn is not going to tax them and he is going to make this a better country with free education, cheaper housing, more job security, end of zero hour contracts and a better health service.

The super rich will be taxed more if they operate in this country. If they want to leave that is OK, but they won't receive the tax relief and benefits they used to receive here.

Blair basically has left the country already.
The super rich have many residences and can easily change their tax domicile - many already have.

It is perfectly possible to have Swedish levels of public services, but only with Swedish levels of taxation - they haven't collared the super rich either.
There is no magic pot of money: you want it, you pay for it

DinosaursRoar, you are right that the French experiment failed. But I have faith that Corbyn has some Labour brains who are capable of implementing a system that will tax corporations who can't just up and leave and who will tax Blair et al if they want to live in this great country.

He could raise the top rate of tax for those on 100k+ but that doesn't bring in much extra.
The best source of revenue is IHT or an annual mansion tax because property ntbo stays put

'There is no magic pot of money: you want it, you pay for it'

I don't believe it. They spend millions on wars (some of which were illegal and based on a pack of lies). This is the 5th or 6th richest country in the world. There is lots of money about in a tiny clique's hands. I am sure that some Labour laws can tax some of it without needing to tax old age pensioners and middle class people struggling to pay their mortgages.

The elite fear Corbyn because they know he is not one of them, won't play their game and that their game is up.

I repeat: every other damn country has tried to tax the multinationals and the super rich. Get real

Claig, why is everything Oxbridge's fault? FWIW, Tony Benn and Michael Foot went to Oxford, and Diane Abbott went to Cambridge.

'The best source of revenue is IHT or an annual mansion tax because property ntbo stays put'

Labour's mansion tax would have raised relative peanuts.

A 3% rise in corporation tax and an end to lots of tax writeoff schemes etc will raise much more.

'Claig, why is everything Oxbridge's fault? '

Because it has now become obvious that the Establishment recruit from Oxbridge and offer their servants rewards as long as they do as they are told. That is not everybody from Oxbridge obviously, only the top servants.

'Tony Benn and Michael Foot went to Oxford, and Diane Abbott went to Cambridge'

Apart from Foot, they didn't hold real power and Foot was a disaster anyway so the elite didn't worry about him.

There is no point in having an opposition party leader who would concede to the Tories or hold beliefs nearly as right-wing as them.

Corbyn is the right person for the job. We need someone who can embody a differentiation between Labour from Conservative and be inspiring and a force for change to boot.

The Tories are shitting themselves. I've had several panicky emails in the last few days from my local Conservative MP "thank you for your support" etc. and you only have to look at the right-wing popular media (so, all of it) to see how much they're determined to smear Corbyn.

If that doesn't speak of a threat to Tory rule, then nothing does.

GDP ranking per capita puts the UK at #27 (IMF) or #24 (World Bank) or #30 (CIA)

Mansion tax is very unpopular by many Middle class people, even if they don't expect to own a property valuable enough to pay it, many because it's the first time we don't tax actual money aquired or a transaction, but potential money that could be acquired. It would be much more popular and fairer to stick a tax on profits from a house sale. Taxes that seem unfair are unpopular, even amongst those who don't pay them, plus it can create a fear of 'what's next?'.

I really think most middle class people would tolerate higher taxes that seemed fair to everyone, many have never forgiven Gordon Brown for scrapping the 10p tax rate, and bringing it back as a policy would be one of the best ways to draw a line with the past. I don't want to hear "creative ways to tax", I want fair and easy to understand ones.

Perfectly possible to raise corporation tax on companies who stay here.
The companies then put up their prices to maintain the same profit, so we all pay.

Less fair than income tax - if Tesco raise prices, groceries are a lot higher portion of a poor family's budget than of a rich one

Sorry, claig, you've lost me. I thought you were saying politicians were all following the same path because they went to Oxbridge's but are you actually saying that "the Establishment" (by which you mean whom?) goes out and selects people for power because they went to Oxbridge? Gordon Brown didn't go to Oxbridge. Tessa Jowell, the Blairite candidate for the Labour London Mayor nomination, didn't go to Oxbridge. So I still don't really see the point.

'GDP ranking per capita puts the UK at #27 (IMF) or #24 (World Bank) or #30 (CIA)'

Yes that is the ordinary squeezed people who have seen their relative incomes fall, and yet London has more billionaires than any other city in the world. It is a playground for the super rich and that is why the elite don't like Corbyn. He is not part of the merry-go-round and he may turn the music off and rebalance finance and industry and services in favour of the people rather than the rich.

"Sunday Times Rich List 2015: London has more billionaires than any other city in the world"

www.cityam.com/214488/sunday-times-rich-list-2015-london-has-more-billionaires-any-city-world

BigChic That's twaddle. He has support in the PLP. Did well with votes from them. Just does not have votes from the Blairites who have failed spectacularly themselves to convince anyone that they are electable either as a government or as Party Leader.

And despite the last months of him being absolutely lambasted by the Tory press, he was elected with a huge majority and the poll in todays Mail on Sunday shows the majority of voters are prepared to listen to him and then make their mind up. The percentage saying an outright no to him is very small- much to the Mail's disappointment.

Several countries have a wealth tax, which is similar to a mansion tax.
Your house has a value at a certain time, same as stocks, shares or artwork.

Claig- will there be room for Corbyn's tanks on the Establishment's lawn, or will they just queue up behind UKIP's?

Big Choc not BigChic