To ask what you'll be doing to avoid the Labour tax hikes

[OptimismvsRealism]

Pension contributions
Gift aid
Selling my shares now while CGT is relatively low

What really worries me is that all the professionals we actually need to want to be here will just fuck off elsewhere, though.

It's not like we're knee deep in hospital doctors.

I hope the tax rises whatever they are make people like you leave.
You won’t be missed.
And I’ll be paying not avoiding any tax rises.

@Alwaystired94 the GP - to get an appointment with an actual human being I need to sit on the phone for hours from 8am. Then be expected (if I get one) to go at any time of the day. Given I work, this is very difficult, on both counts. If I didn't work it wouldn't be an issue. The school - my son's old class was full of kids from rough homes who all had behavioural issues. 90% of the teachers time is spent with those kids. And so on. Pensions - there are many who are simply better off not contributing and the state will mop them up.

It really doesn't pay to be a higher rate tax payer in the UK. We're seen as money grabbers who should pay our way. But get very little back unless we fund it ourselves. On top of the tax we already pay.

I am.

What concerns me is that Labour probably won’t pass the tax hikes onto the super wealthy, so it’ll be business as usual for them 🙄

Not a lot. No NHS, no childcare despite funding it for everyone else. No functioning justice system. No schools will fully staffed teachers. A shit hole of a country where the majority are state dependents. I’d say it’s accurate.

I’m wondering if Labour is the same except they pass the austerity measures to those in the middle, which means we are all distracted squabbling with each other whilst the super rich carry on as normal 🙄

That isn't prioritizing those out of work, that's the broken system we live with due to under funding. And yes if you would be expected to go at "any time of day" if you are in need of the appointment.

"kids from rough homes who all had behavioural issues" ok, what do you mean by 'rough homes'? How does that relate to the system prioritising those who don't work? Teachers shouldn't need to spend 90% of their time on those kid only. But you know what would reduce that? Proper SEN funding in schools which are abysmal.

It wouldn't be bad if the extra money was going towards services like the NHS, road quality, etc, but when you read threads like that one last week of a woman spending 6k of her universal credit on holidays each year, it would get up anyone's nose. Working so that someone else doesn't have to is sickening.

Maybe more tax would help with the justice system, teaching etc

The response to the recent riots shows that there is definitely a working justice system, but more cash would help especially with prison spaces.

Teachers are leaving in droves due to poor remuneration, again that's something that tax raises can help.

You might not be using child care, but it's almost certain that other people in society that you rely upon are relying on that childcare.

Where do you get the stats that the majority of people are state dependents? Are you including pensioners in that? People who have paid in their entire working lives?

She’s currently trying hard not to! If she was going to be taxed more she may spend it on services to deprive the tax man! I wish she would!

I hope the Education Secretary reads this thread. Rather than the chaos she will cause by adding VAT to school fees (to fund these magical 6000 teachers sitting there waiting for this moment), she can just raise income tax. Everyone seemingly tripping over themselves to pay it. I'd happily pay it too if I wasn't going to pay more tax on my choice of education.

Benefit fraud is such a tiny drop in the ocean. Yes obviously those stories get peoples back up (which is intentional) but for the vast majority of those on UC they are struggling to make ends meet. Especially when you realise how many on UC are in work, it's a top up.

I don’t have time to find the study, as my lunch ends in a few minutes. However, there was a study done recently where people were asked if they were prepared to pay more taxes for better NHS, education, etc. The resounding answer was “yes.” When the questions dug more deeply, participants were only happy to pay tens of pounds more per year. The resounding majority were only happy to contribute a nominal amount, and their expectation was that it wouldn’t be their families funding the majority of these tax rises—they in fact believed that others should be funding the increased taxes.

I’m not a Labour nor a Tory voter, so I have no skin in the game on taking sides here. It’s a genuine question to everyone who says that they are happy to pay extra taxes: How much additional tax are YOU prepared to pay per year?

I’m not a high paying tax payer but absolutely agree with this sentiment. So much envy and bitterness on here.

Nothing. Why should I? It's unlikely that they will make any serious difference to my financial position.

It’s from the IMF themselves. Over 54% are net takers. That means it is a minority now funding everyone else. This is not replicated in other countries and it is part of the problem we have now, that and salaries are crap. Even high salaries, 6 figures plus are low compared to global counterparts.

Our country is rotten. The pensioners who have paid in all their lives haven’t paid enough to cover their costs. Don’t worry though. Once all the higher earners have gone and taken their skill sets and taxes with them - they are next. Labour don’t like pensioners either. Have you not got the memo yet?

But the welfare bill overall is completely unsustainable so what to do about that?

Labour need to introduce a 1% wealth tax. For those of you that didn't not believe it will work, please follow Gary's economics.

Extremely wealthy people make their money from assets that are owned in the UK. It would be easy to tax them and 1% is a huge amount of money whilst still being nothing to them. Rishi sunak, his wife and father in law are a perfect example of the people I am talking about

But tens of pounds per person per year would quickly add up - no-one is saying they'd be happy to go into financial destitution for the sake of saying they want to pay more tax.

And it depends on each individual person what they can afford. I'm not comfortable by any means but i'd give what i could in the hopes of a functioning society where people don't need to pay absurd fees for private schools for their children or paying for private insurance for their medical needs.

If she’s already died it is extremely unlikely any changes will apply to her estate.

Improve social care and build lots of council housing.

Better housing wouldn't solve every problem. But there is no social problem that wouldn't be improved with having access to decent affordable accommodation.

CCHQ working overtime on the socials today, I see.

How many people make more then their £3,000 annual CGT allowance in capital gains? Maybe 5% of the population?

How much of that welfare bill is paid out for housing element to private landlords charging insane rents on properties with no mortgage?

How much of it is wasted on 3rd party companies who undertake PIP reviews and so on?

Welfare bill covers more than just the money those in receipt of it have in their bank accounts.

No no no, won't SOMEBODY think of the landlords!!!!!