To think it is clear where Corbyn will get the money from?

[malificent7]

Taxes of course... especially the rich.
Which is how it should be.

Why does Corbyn seem to think CT is free money, too? If companies have to pay more tax (you know, actual small and medium businesses not bloody Starbucks) it won't just come out of the MD's dividend pot! Bollocks that 95% won't pay more, we'll all pay more as the cost trickles down to prices..

I don't necessarily think raising CT is bad, just dishonest to pretend it won't be paid by us.

But it is 'broke' when large corporations are paying a fraction of the tax they should because of special agreements! And exploiting their workers with minimum wages, zero hour contracts, split shifts, timed toilet breaks and draconian sick/absence leave policies.

And people are told that they should be grateful for their jobs when trying to complain about bad treatment.

And don't get me started about the fakery in the maximum multiple limits on Executive pay compared with average workers pay! Huge bonuses, pension contributions and other perks.

Oh I forgot about Consultants & so-called part-time Directors like George Osborne with their several jobs, each paying ludicrous amounts!

Pay the actual workers a decent sum that they can live on & support a family without having to jump through hoops. Give those that are not capable of working, a reasonable level of support so that they can keep their dignity and have quality of life.

Treat people with respect & decency, as you would want to be treated!

The more people earn/ recieve in welfare, the more people spend which is great for the econoy surely.
Well give everyone £1m a year - raise our GDP from £2 trilion to £70 trillion overnight.

At least there will be pay packets if austerity ends

Corbyn is sacking everyone on zero hours contracts so ....

Sacking everyone on zero hours contracts?

Well it will raise some money the rise in income tax for higher earners and on corporation tax but no where near enough to cover the costs of Labours plans long term still it sounds nice

It's Hardly inviting for companies to stay in the U.K. or attract them over but Brexit doesn't seem to have been considered

And an increase in corporation tax impacts costs and that will be passed on to the customer

And those increases do not discriminate

It's not rocket science these tax increases will in some way be paid for by all of us

Anyone who thinks you can just "tax the rich" forever more and it will solve all of the funding problems show a fundamental misunderstanding of basic economics.

It doesn't work. End of conversation.

The more people earn/ recieve in welfare, the more people spend which is great for the econoy surely

The more the cost of living goes up. Everything has to be paid for.

Maybe Labours magic money tree is growing in everyone's garden.

The more people earn/ recieve in welfare, the more people spend which is great for the econoy surely.
Who actually said this? Is it copied from somewhere?

And if he taxes the shit out of everyone else too?

It's an anti-small business economy.

Plus an anti big-business economy.

I'm sure it will raise loads.

Yes just like the Duke of Westminster paid 40% inheritance tax on his inheritance worth £9billion. Oh wait he didn't pay any tax. He avoided it with trusts.

The new 7th Duke of Westminster has avoided inheritance tax of some 3.6 billion pounds. The entire NHS deficit is some 2.45 billion.

The rich will always find a way to safeguard their wealth and the middle just get hammered even harder.

The numbers don't add up! Everyone will end up paying more. Business will leave! The most important factor I. The corporate tax increase is it stifles the growth of small/med business. The general cost of living during and after brexit will rise. It's already happening because uncertainty causes unsteady markets. The £'s worth will be affected, again it already has. The only way the UK can become self sufficient is by creating real jobs through business, selling good and services to abroad. Having said that our health and social care sector need money and staffing. Desperately they really are on their knees now. I'm not happy with either part. Corbyns leading brexit????

Corbyns leading brexit????

Ideally, no-one would be leading Brexit, because it was always a horrible idea and we are going to get financially scalped.

Best bet is that we elect someone with the balls to say that and reverse the process before it starts to hurt...

Dont be silly its the magic money tree

Sorry for the confusion, traditional tories know the money tree by a different name, its called the family tree

just

ha ha, yeah exactly.

I'm (still!!) an undecided and have been doing a lot of research on the different manifestos

Labours certainly doesn't add up and the highly respected Institute for Fiscal Studies has done an independent review which states this.

Also, they are planning to borrow an additional £25bn which our children will be paying back (and it still doesn't add up even with this borrowing)

To be honest, this is one of the main points putting me off voting labour today but I really don't want to vote Tory either!

It's a car of voting for dumb or dumber, but Corbyn is certainly dumber.

• case

Also this land tax is true.

Just like the EU denied an EU army before the referendum but guess what, the EU are establishing an EU army. They lied.

Corbyn has great plans on paper but zero way of funding them. Unless everyone gets taxed to hell and back.

cream plenty of countries with high taxation function perfrctly well.

en.wikipedia.org/wiki/Laffer_curve

Bless you, OP. It's just not that simple.

dan explain it then, if you can.

128 economists wrote a letter to the Guardian backing Corbyn so he must be doing something right.

I agree with a pp, you can estimate how much additional tax revenue could be generated if you increase corporation and personal taxes, what they can't foresee is the reaction. The millennial generation is less about working themselves to the bone and more about a greater work-life balance and these are our future tax payers, perhaps they decide to work part-time rather than full-time at a high rate of tax etc. They're more mobile so think less about uprooting and moving in what is now a global jobs marketplace. So I get the idea about higher taxation, I think there's a fine line between getting more out of high earners and disincentivising them so they take their money elsewhere and I'm not sure Labour is on the right side of that line right now.

From borrowing of course. Like every Labour Govt.

Fabulous for our children

He's got far too many numpties following his Robin Hood theory which doesn't stack up.