Tax increases imminent

[Iwishicouldflyhigh]

Heavy hints that taxes will rise in the next Budget after the recent climb down (as the ‘taxes won’t rise again’ was based on a 5 billion saving in benefits).

I can’t lie, I’m so pissed off about this. I don’t think anyone wants to see someone who is genuinely unable to work to be further penalised, but we all know there are thousands of people who could work but don’t.

this country is going to absolute shit . We pay more and more for less and less.

I'm pissed off too. They're acting like teenagers who treat their parents (in this case actual taxpayers) like a bottomless pit of money to spaff up the wall on absolute rubbish and the arguments in favour sound like what you'd hear in a sixth form common room. Something's got to give and it shouldn't be taxpayers having to foot the bill because everyone's stamping their feet demanding we bankrupt the country to #bekind in a million different ways we can't afford. We're going to end up like South Africa at this rate.

Someone has to pay for PIP (1000 claims per week), benefits, everything free for many people. I am sick of paying for everyone else.

Trying to take the rather juvenile emotion out...

What do you think should be done to save money?

I think the state pension should be means tested, to try to cut the bill by at least a third.

I think the NHS should stop spending money on very expensive treatments in order to preserve life for a few years, and introduce a £30 access fee for most minor appointments.

What ideas do you have other than a vague sense that things are getting expensive?

Labour campaigned on the promise that they would not raise taxes. While technically they referred to income tax and national insurance, they knew full well that most voters would take that as a general commitment not to increase the overall tax burden. If you tell the public you won't raise taxes, that’s what they believe you mean. You don't get to hide behind selective wording and then act surprised when people feel misled.

In reality, Labour’s first budget found every possible way to squeeze more money from working people. Council tax hikes, frozen thresholds, business levies, and stealth increases all add up. Everyone I know is feeling worse off, not better. People are spending less because they have less to spend. That’s not just anecdotal. The government admitted they raised taxes because of a £22 billion shortfall. That gap has now grown to £40 billion. Their approach isn’t solving the problem. It’s making it worse.

Raising taxes while the economy is still struggling is a recipe for stagnation. Consumer confidence has collapsed. Businesses are holding back on investment. Tax receipts are down because people are tightening their belts. It is clear that Labour’s plan is not working. They are repeating the same strategy, hoping for a different result.

You cannot tax your way into economic growth. Growth comes from creating the conditions for people to thrive, not from punishing them when they try. But Labour seem determined to prove the opposite, dragging us all along for the ride.

Rachel Reeves would do well to familiarise herself with the Laffer Curve.

it is clear from public opinion that we are the top of the curve and any further tax increases will most likely reduce revenue as it becomes a disincentive to earn more money

Reeves Is a disaster

The lies and bluster from this government are truly astounding

Boris was a bullshitter, not an outright liar like this lot

And adding to the joy, I see Corbyn, Zarah Sultana etc are creating a new party for the far left, giving even further voter options to the deluded people who think that there is endless money to pay for them if only we "taxed the rich".

i follow the Sultana on Twitter and genuinely have to check whether it’s a parody account

Oh no, we meant income tax! Duh!

Aye right. Away with you. He was both and then some.

It’s not my job to come up with ways for the Govt to save money, that’s the job that they were elected to do .

I think the NHS should stop spending money on very expensive treatments in order to preserve life for a few years, and introduce a £30 access fee for most minor appointments.

I agree with this.

The state pension being means tested is a tricky one.

And they said they could do it, without raising taxes. They shouldn't have said they could do it if they didn't have any credible ideas or plan.

They needed to sort out the welfare bill!

It’s astonishing how much we spend on it. Starmer needed to show leadership to do the reform, unfortunately he has absolutely no charisma or leadership skills at all and the rebellion happened and he capitulated immediately, increasing the welfare spend

For me I just find the whole idea of NOT raising taxes stupid. So you may save £200 a year by having lower taxes. But you will get (if done competently) better roads, schools, hospitals, parks, education. Other countries manage it - Germany is better run, Scandinavia - why cant we? Why do we have a Government scared to do the courageous thing? I can only conclude that people are too selfish and individualistic now - and so we get these people running the country - so in essence we get what we deserve. Its sad.

What does that mean? Who do you intend to take money off? Why? How will that system be funded?

Stop being so vague.

Have you been to Germany lately? It's an absolute shit show.

I agree with @NeedyOpalSquid that the state pension should be means tested. I know extremely wealthy pensioners who have exotic holidays once a month who receive state pension. They do not need it. And there are a lot in that position.

Grow up. Moaning about being taxed without making any suggestions of where you think money should be saved is infantile.

Road budgets decreased? Higher student fees? Charges for ambulances? What suggestions do you have?

Yanbu what happened to Labour’s pledge not to raise taxes? Straight out lie if they do.

Doesn't matter. If you want to raise taxes, that's fine. But you campaign on that basis and tell the public that's what needs to happen and how it benefits them.

You don't make headline grabbing statements, saying that you commit to not raising taxes, knowing that is the only thing most people will read.

Do people take you seriously? 🤔

This, basically.

But let's blame disabled people/immigrants/insert scapegoat of choice here.

Have cake and eat it - I just hope they will
bite the bullet and tax unearned property wealth ( aka change the inheritance tax levels )

that doesn’t hurt you when you are alive at least and should further help to dampen the housing market which needs to be severely damped for a good few years to make housing affordable