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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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

190 replies

malificent7 · 07/06/2017 22:08

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

OP posts:
CalmShambala · 08/06/2017 11:48

Oliversmum, it's called Tall Poppy Syndrome and it is quite unique to the UK. I have only seen it here. Anyone who gets above themselves has to be taken down a peg or 2.

Crepe. I didn't respond to your post immediately because I popped out to cast my vote. Thanks for answering it for me. I was undecided about who to vote for but after reading posts like yours I decided that seeing off the wealth generators was a really bad idea for our economy.

ajandjjmum · 08/06/2017 12:03

Not quite connected, but I saw on Twitter that Alan Sugar paid over £58 million in personal tax in January. Made my eyes water!

seoulsurvivor · 08/06/2017 12:55

calm Tall Poppy Syndrome exists almost everywhere. I have lived in Germany - I'd say if anything, it's worse there. I now live in East Asia - and it is basically an unalterable part of the culture in most East Asian cultures. The more collectivist the country, the more you'll see it happening - so places like Spain and Italy actually have far more of it than we do.

Oliversmumsarmy · 08/06/2017 13:19

For me the "rich" are the people who inherit titles, heavily evade inheritance and income tax through highly paid accountants and offshore accounts, and have never done am actual "day of work" in their life

But these are not who the Labour party will tax as they will be off or find some loophole to avoid paying. It will be the likes of my DP and I. Dp spent every evening and every weekend to add a qualification in a different profession to his CV. A course that usually takes 5 .5years dp passed all 11 exams in one year whilst working full time and doing a 3.5hour commute each way 5 days per week.
We have lived hand to mouth for many years whilst watching our friends go out clubbing, shopping driving new cars whilst we have been putting money aside for the future.
Only to be told I should care about those less fortunate than ourselves.

Except a certain section of these are the ones who wondered why we were bothering.

0hCrepe · 08/06/2017 14:29

Calm how lucky the rich people are to have you looking out for them!
I'd still like you to answer my question from your experience of how those countries you mention with the rich people helping the economy look after their poor.

0hCrepe · 08/06/2017 14:39

Dan I didn't say rich people are greedy. Far from it; many are very generous.
Those who move abroad to countries where they don't have to support poor people and can pay less tax are though I would say and they know it if it is the precise reason they're moving.
Who would you say is more greedy? Your cousin scrounging off the state or an already filthy rich banker with offshore investments avoiding tax?

One of my family's businesses has suffered and closed under the Tories as huge multinationals have killed a lot of smaller retails outlets, greedy multinationals that avoid tax and need to be made to pay.
In everyday terms those of us working who get no benefits will get better health care, better education and free childcare from 2 years and school meals for primary children. All benefits for paying a bit more tax.

HoneyDragon · 08/06/2017 14:46

I've pretty much just found out if Corbyn gets in I will probably have to move to California. I don't want want to move to California. I like it here. We've got bendy buses, and proper queues and plastic money and stuff.

0hCrepe · 08/06/2017 14:48

How come?

user1471439240 · 08/06/2017 14:50

There aren't enough "rich people" to tax for the freebies. The extra taxation will swiftly include everyone.
Corbyn and McDonnel are Marxists, the fairness they allude to actually means reduce everyone to the same level.
They believe in massive state control, the state takes your wages and leaves everyone with the same, it is how Marxism works.
They are telling you what they are, it is not difficult to understand.
People no longer vote for Marxism, it is a failed ideal.

Dandandandandandandan · 08/06/2017 14:50

I don't know any bankers who have offshore investments. I think you are confusing rich people like the Duke of Westminster, who didn't pay a penny in IHT when it should have been millions, and people like my friends who are all at their desks by 6am and seldom leave before 9-10pm. I completely agree with going after the former.

The latter pay lots as it is, and you can put doctors, dentists, lawyers, actuaries, insurers, headmasters in that category too. Overcharge and they just won't do it. That's why I think Corbyn's plans are unworkable. He simply assumes that people will just roll over and pay.

I don't agree with raising corporation tax, ESP post brexit, when we need to encourage as much investment and growth as we can. but I do support trying to come down on Cadbury etc to pay their fair sodding share (if it were that easy though, both labour and tory governments would have done it!).

Dandandandandandandan · 08/06/2017 14:57

So yeah, my cousin is DEFINITELY the bigger sponger. He is naturally pretty bright, but idled his way though his GCSEs - didn't even bother turning up to some of the exams - did AS levels in "film studies" and "media studies" (because "you just get to watch films all day"), got a handful of terrible grades. My uncle was raging, but there's nothing he can do as he'd split up with his ex-wife and my cousin lived with her. She doesn't care about education (she and her new bloke have also been on benefits their entire lives; I would see him on facebook at 3am moaning about having an exam the next day) so every time my uncle tried to get my cousin to work, my cousin just said, "sod you" and didn't bother going to see him for weeks at a time.

There's nothing wrong with him except chronic idleness and he's seen his mother and stepfather live off the state and thought that looks cushy. It drives me insane, given the hours I have to work!

Thiscantreallybehappening · 08/06/2017 14:58

User1471439240 - well said

0hCrepe · 08/06/2017 14:58

There are many headteachers and doctors who have seen children suffer because of cuts who will be voting labour because they care and want the best for them and want to be able to do their job rather than manage tiny budgets. Many will do this even if it means they pay more tax themselves. I sometimes think about the amount of tax I pay and then I feel grateful that I have the NHS and schooling and police and am happy to pay more for those services to improve, which will also in turn benefit my family.

Oliversmumsarmy · 08/06/2017 14:59

I will join you in California. Dps employers are an American company. He works out of their London office but he could work out of any office in the world.

Dp is planning to return to work in the next few weeks. Something he wouldn't have even considered had we not paid for his operation

0hCrepe · 08/06/2017 15:01

Dan, granted he sounds like a lazy arse. I'm surprised they've managed to stay on benefits so long.
Honestly though, would you want to swap places?

0hCrepe · 08/06/2017 15:03

I've heard the US have shocking employment rights like mat leave and holiday allowance though (will happily be corrected).

Dandandandandandandan · 08/06/2017 15:07

Ah, he had the option. He's seen what my family have achieved. He could have lived with us and gone to uni if he'd got decent grades or wanted to retake his a levels. He just prefers not working. Says he doesn't like timetables and struggles to sleep (that's because you go to bed at 4am, you utter pillock). It's sad because it's wasted potential.

UrsulaPandress · 08/06/2017 15:09

Oh no HoneyDragon

But then again, don't worry, Corbyn doesn't stand a chance of being PM.

Inkypink0 · 08/06/2017 15:13

We're not rich, we have a high income but very high outgoings. Dh pays ££££££ tax as it is. He goes to work early and gets back in late 8-9pm Why should we continue to pay for folk that chose to stay at home and not contribute to our economy? We pay more in tax than most people would earn in a year as it is.

CalmShambala · 08/06/2017 15:14

Well I can only answer you with regards to where I have lived in SE Asia. These expats are expected to, and do get very heavily involved in local projects and projects in neighbouring countries. I don't know how you can expect expats to influence a country's local laws on labour and how they treat the poor but they get involved in helping as much as they can. You will find that a great many of the schools in the Philippines and Cambodia where actually funded and built by the expat community who then go on to sponsor the children to go there and be educated. They are not just rich b'stards sucking the life blood out of their host country, they actually do a lot of good things over there.

Inkypink0 · 08/06/2017 15:14

user spot on

Badbadbunny · 08/06/2017 15:21

There are many headteachers and doctors who have seen children suffer because of cuts who will be voting labour because they care and want the best for them and want to be able to do their job rather than manage tiny budgets

How does that square with the huge numbers of doctors who've reduced their working hours so that their pay stays below £100k, thus avoiding the punitive 62% marginal tax rate on earnings over £100k???

RMC123 · 08/06/2017 15:26

User agree. As a couple we have always voted Labour. But not this time. Suddenly the hard work we have put in and the money we earn (none of which was inherited - all through hard graft, long hours and racking up debt for further education) seems to have made us out cases in the Labour Party. Suddenly because we earn over a certain amount we are seen not to care. I can't even have object to Corbyn without some Labour voter telling me I am heartless and consigning the poor, vulnerable and disabled to object horror. I don't agree with the Tories but I don't agree with the Marxist witch hunt of Corbyn and his cronies either. There is a centre ground, not well represented in this election at all. We already pay a huge lump of tax. We don't get any child benefit - haven't for years, and I get that completely. We don't claim a disability allowance for my son even though several professionals think we are entitled. I don't think it's fair when we don't need it. We aren't trying to avoid paying our share to society, we are both working hard. One in public sector and one in the private. We do voluntary work.
We aren't the leeches on society Corbyn would have you believe.
The tag line 'For the many not the few' just feels like 'Them and us' me.

RMC123 · 08/06/2017 15:27
  • out cases = outcasts!!
metspengler · 08/06/2017 15:38

"there's no land value tax, it's not true"

It's in the manifesto so if you vote Labour you are absolutely signing up for LVT, but there isn't much detail on the rates, the only proposed "Land Value Tax" from British Labour members that seems applicable is from a think tank's idea of it. It proposes a rate of 3% of capital value for land owners and 3.85% for those renting, of which .85% is direct tax to you and 3% "is payable by the land owner" - a distinction without a difference because unless your rent is paid for by the bank of mummy and daddy or HMG, you understand you will be paying that extra 3% yourself obvs.

Given that the IFS says Corbyn's taxes would not raise quote "anything like" the money needed to implement the spending he proposes, that money is apparently coming from somewhere mysterious, would LVT + an increase in borrowing be a massive surprise?