To believe that if Labour wins we wont be hit with 98% taxes?

[DistinguishedSocialCommentator]

And the other day one of the Labour lot let slip taxing pensioner more than others

A bit of Labour what they say and do - the 98% tax

You an Google the 98% tax if you dont want to read the link

AIBU not to trust the Labour lot just like I dont trust the Tories

https://www.adamjwalker.co.uk/business/are-you-ready-for-labours-tax-bombs/

Exactly. And once you get over a certain amount you have enough for a pretty luxurious life anyway. It’s fair. Especially as most people make high amounts based on other people’s hard work. Jeff Bezos relies on thousands of workers who are paid a pittance.

Jeff Bezos is American not British. His salary last year was a little over $80k. His wealth comes from Stock not pay.
The US entrepreneurs tend to borrow against stock rather than draw income.

That is the most offensive insult anyone ever on any forum has ever posted at me.😡

Credit where credit is due

Labour plan to keep our nuclear deterrent, a good U turn but the cost is billions
Lab intends to massively improve the NHS, education, police forces, roads, public transport and more. The money's going to come from 😂😂

Yes, that is right, the money is going to come from, cloud cuckoo land and millions have already fallen for that

I guess I was using it as an example to show that everyone contributes and everyone should contribute a fair share to the public pot.

And how much tax does he pay?

Lab intends to massively improve the NHS, education, police forces, roads, public transport and more.

Well that's what they did last time and we all benefited from that.

Currently the money all goes to the Tories mates - so I'm up for a change.

With all due respect...

We need a nuclear deterrent, and SOMEBODY has got to do something to 'massively improve' the NHS, police, transport infrastructure and whatever else, or this country is completely fucked.

I don't care where the money comes from, but it's got to come from somewhere, and they can't very well take it from people who haven't got it.

The Conservatives have now employed Chicken little it seems

You conveniently forget the the Labour party and some of them are still comprehensively against our nuclear deterrent. What does that tell you about the dysfunctional Lab lot

Ask yourself this about the working class lab MP's - what proportion of them earn less than the average wage

How many of them live in council property?

How many of them are worth less than a million

I have no idea what any of these questions are supposed to infer...?

Odd post. I'm sure you know that no MPs earn less than the average wage since their pay is public knowledge.

Is that a weird way of labelling labour MPs champagne socialists or something? Because of course all lefties MUST remain poor to be credible.

Well quite. Everyone knows how much MPs earn.

The idea that you can't be wealthy and be left wing is just ridiculous - what matters is what you do with that wealth.

As for money from Cloud Cuckoo Land - the Tories certainly magicked up a money tree when they needed to, and they want to abolish NI without saying how they're going to pay for that.

OP seems to constantly post things along the line of 'Here's something bad Labour/the left are doing, but I'm not a Tory, I'm not a Tory, I'm not a Tory' then followed by a load of badly worded anti Labour vitriol.

We're not buying it, OP.

But frankly many of us don't think any part of income should be taxed at 98%

I think they are just as bad as the tories, maybe even worse. Politics in the UK and America is scary, theres no one worth voting for!

Oh I don’t know - anything above £1 million a year’s fair game isn’t it?

it works out that the marginal rate is 60% above £100k once you start to lose the personal allowance, so it’s 60% tax on each £ between £100,000 and £112,570, then above that it drops down to 45% for each extra £

I pay my taxes. They buy me civilisation.

Allegedly. They used to once, not any more.

Maybe.

But the deduction is people who want lower taxes want less civilisation, and people who want no taxes want anarchy.

(Extremists really don't like it when you use their tactics against them).

Agreed

Labour bangs on about helping the working class as they put it and better terms for those renting etc. However the mask slips and slips a lot when they want to tax the "rich£ even more along with "pensioners" - so not "pensioners"
but "codgers" as stated by one of their ministers advisors

What does that tell you?

If you're agreeing with that post @DistinguishedSocialCommentator then I have to conclude that a) you're not really interested in politics and b) my previous impression that you are only here to post badly worded nonsense was correct.

Don't be silly. Yanbu for your title but yabu for the op post.

Speaking as one old enough to remember 98p in the £ - quite a lot did leave the U.K. - it was known as the Brain Drain.

Thank you

You did not need tens of thousands to leave but just a few thousand as they paid a large proportion of the England's taxes and this had a massive impact on the tax income so it was abolished, labour was booted out