Labours plans frighten me. Not yet personally, but also their borrowing plans. They are making a lot of presumptions and if the markets take fright this country could be in trouble (which they might, and some of the credit rating agencies are already signalling that a massive increase in borrowing could trigger down rating of our credit rating, making it much more expensive to borrow).
I also worry about their tax plans. Again, I worry about the impact on the economy widely- but I am worried about what their tax changes will mean for us as a family. I suspect we will be crucified, financially.
I would think about leaving but for various reasons this would be difficult for us. I am not a fan of the Tories at all and their handling of Brexit debacle (and even the fact we had the referendum) has been disasterous for this country.
I am a high(ish) earning professional, married to a farmer. We are comfortable, certainly, but not fabulously wealthy. In the past, my income has kept us afloat up when times in farming haven’t been good. The really high earners will find ways to minimise their tax in a way we can’t. There are various things we were thinking of doing (business wise on the farm, and to the house etc) but between Brexit and the tax changes we may face/increase minimum in wage/employers NI contributions (generally, feels like a bit of a cash grab) we just can’t commit to anything.
I also have my doubts that re-nationalising water, BT etc will be a good idea. Historically, the state does not always run these things more efficiently than private sector. And politicians and their ever changing policies/targets/undeliverable and unrealistic targets don’t bode well. You only have to look at the NHS- political policy makers of all hues promise the moon to the public, but seldom what they promise is deliverable within their timeframes or budget set. Yes, Tory cuts have hit the NHS hard, and they are not historically supportes/champions of the NHS, but they aren’t the only ones guilty of politically motivated meddling that does no good.
I really very worried about the prospect of a Labour government. But I’m equally pessimistic about the competence of a Tory one.