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To reduce hours when labour win election

877 replies

Parttimeplay · 24/05/2024 01:40

I fall into the “60%” tax bracket. With the upcoming elections and knowing the government always hammer the middle ground….woudlnt it make more sense for me to cut my hours for a more relaxed life, eligibility for childcare, reduced tax?

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24
frankentall · 28/05/2024 09:10

Polishedshoesalways · 28/05/2024 07:50

Labour literally left a note to say they had left the country penniless on their way out! Or have you conveniently forgotten that?

https://amp.theguardian.com/commentisfree/2015/may/09/liam-byrne-apology-letter-there-is-no-money-labour-general-election

Not forgotten - it's been much discussed since it happened.
What sort of note would Liz Truss have left I wonder?

BIossomtoes · 28/05/2024 09:14

Oh for God’s sake. Still banging on about that Treasury tradition started by Tory chancellor, Maudling? Sorry, old cock, we all know that’s the sign of desperation.

ThisOldThang · 28/05/2024 09:16

I'm genuinely embarrassed for you.

Please stop digging.

BIossomtoes · 28/05/2024 09:31

No you’re not. I’m not embarrassed for you for your corner turning nonsense. There was a tiny downturn in 2016 and it plateaued until Covid.

To reduce hours when labour win election
frankentall · 28/05/2024 09:53

It is hilarious that anyone can try to paint the Conservatives as the more fiscally responsible after the last 14 years (not that there was much truth to it in previous years). Only people who would vote for a (dead) nematode with a blue rosette are "persuaded" by these daft claims about Tories being responsible and Labour spending all the money. Perhaps these are the same people who bought into Thatcher's clever sound bites about the nations finances being like some fictional household budget. This has never been true but it appeals to people who don't want to think too hard about difficult or complex issues.

frankentall · 28/05/2024 09:56

BIossomtoes · 27/05/2024 19:10

The huge majority of taxes are paid by higher earners on PAYE.

Are they?

Also, really high earners like the Prime Minister tend to derive relatively little or none of their income via PAYE, thereby minimising their payment of income taxes.

insidenumber9 · 28/05/2024 13:09

Polishedshoesalways · 28/05/2024 07:41

I completely agree. If Labour win we are done for. I genuinely dread to think what will happen. Those of us old enough to have lived through past Labour administrations remember only too well.

Because we’re not “done for” now? Look around you!!! How naive you must be to be in support of the Conservatives still, after all the things they have done.

insidenumber9 · 28/05/2024 13:10

frankentall · 28/05/2024 09:53

It is hilarious that anyone can try to paint the Conservatives as the more fiscally responsible after the last 14 years (not that there was much truth to it in previous years). Only people who would vote for a (dead) nematode with a blue rosette are "persuaded" by these daft claims about Tories being responsible and Labour spending all the money. Perhaps these are the same people who bought into Thatcher's clever sound bites about the nations finances being like some fictional household budget. This has never been true but it appeals to people who don't want to think too hard about difficult or complex issues.

Quite!!

Sweden99 · 28/05/2024 13:59

When there is talk of the economy, and an argument does not make sense to me, I replace "economy" with "rich people's yacht money". Then it often does make sense.

Salaries being taxed heavily and assets* not being is bad for the economy, unless you mean "rich people's yacht money".

(And few people on this forum have significant assets)

ACynicalDad · 28/05/2024 14:10

Alternatively, keep pushing and get through the other side of the warped child benefit charge. If you don't you'll be under it forever.

Letsgetouttahere2023 · 28/05/2024 14:30

I already reduced mine. No way will work more in UK as things stand. Time is not for sale cheaply.

Polishedshoesalways · 28/05/2024 15:09

insidenumber9 · 28/05/2024 13:09

Because we’re not “done for” now? Look around you!!! How naive you must be to be in support of the Conservatives still, after all the things they have done.

Because under Labour things are about to get a hundred times worse.

BIossomtoes · 28/05/2024 15:14

Polishedshoesalways · 28/05/2024 15:09

Because under Labour things are about to get a hundred times worse.

Impossible. No matter how much you run round MN shouting “We’re doomed”. Some of us are old enough to remember when we last had a Labour government and could find an NHS dentist and didn’t have to wait years for treatment or weeks for a GP appointment. Surely by now you’ve noticed how ineffectual your doom mongering is and how often your misinformation is corrected?

Polishedshoesalways · 28/05/2024 15:16

BIossomtoes · 28/05/2024 15:14

Impossible. No matter how much you run round MN shouting “We’re doomed”. Some of us are old enough to remember when we last had a Labour government and could find an NHS dentist and didn’t have to wait years for treatment or weeks for a GP appointment. Surely by now you’ve noticed how ineffectual your doom mongering is and how often your misinformation is corrected?

The same Labour gov that bankrupted us?

BIossomtoes · 28/05/2024 15:18

Polishedshoesalways · 28/05/2024 15:16

The same Labour gov that bankrupted us?

It didn’t. Here’s another nice little graph because you obviously failed to understand the last one.

To reduce hours when labour win election
frankentall · 28/05/2024 15:19

Polishedshoesalways · 28/05/2024 15:16

The same Labour gov that bankrupted us?

But that didn't happen. Stop telling lies.

BIossomtoes · 28/05/2024 15:22

Aren’t you tired of people explaining that to you? 🥱

frankentall · 28/05/2024 15:23

Not that again. It's been discussed a lot. We were no more "bankrupt" at that point than we are now - in fact considerably less. If one joke note from 14 years ago is the only "proof" you have then your argument is even more thin and pathetic than it appears.

frankentall · 28/05/2024 15:23

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Polishedshoesalways · 28/05/2024 15:25

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BIossomtoes · 28/05/2024 15:28

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Polishedshoesalways · 28/05/2024 15:31

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GasPanic · 28/05/2024 15:35

BIossomtoes · 28/05/2024 15:18

It didn’t. Here’s another nice little graph because you obviously failed to understand the last one.

Economies are like oil tankers. You can't turn them round on a sixpence.

People were groaning like hell about Tory austerity (and probably still are) but it took them pretty much 5 years to arrest the upwards trajectory from Labour and get spending under control before covid. God knows where we would have been now without it, pretty confident that if Labour had been growing the debt at the same rate they were from 2008 to 2010 then we would have been at the IMF cap in hand by 2018.

I'm not sure it would have been politically possible for Labour to get the debt under control following the GFC. We would have just either gone bust, or more likely had massive wealth destroying inflation, and the Labour government would have just collapsed.

EasternStandard · 28/05/2024 15:37

GasPanic · 28/05/2024 15:35

Economies are like oil tankers. You can't turn them round on a sixpence.

People were groaning like hell about Tory austerity (and probably still are) but it took them pretty much 5 years to arrest the upwards trajectory from Labour and get spending under control before covid. God knows where we would have been now without it, pretty confident that if Labour had been growing the debt at the same rate they were from 2008 to 2010 then we would have been at the IMF cap in hand by 2018.

I'm not sure it would have been politically possible for Labour to get the debt under control following the GFC. We would have just either gone bust, or more likely had massive wealth destroying inflation, and the Labour government would have just collapsed.

I’d say you’re close on this