To feel utterly miserable about a future with Andy Burnham as PM?

[OneWarmHazelQuail]

I feel like I'm being stung in every possible way at the moment- £15 a day on tube to work, high mortgage costs, high energy costs, private schooling for SEN child (I was told state wouldn't be unlikely to assist him as he isn't mute or violent). My parents have had to help fund schooling it felt like my only hope as son has behavioural issues.

I also have an unsold old home that I have to rent out as it wouldn't sell. Buy-to-let mortgage costs, agent fees, maintenance and tax put me in a loss position.

I can't bear what the future holds with Andy Burnham. I have no doubt that he will find new and imaginative ways to keep me in this financial nightmare. I'm literally struggling from food poverty but regarded as rich by policy.

YABU- Andy Burnham is actually going to make things better

YANBU- I'm screwed

Do you really think the wealthy are going to stay here with their skill set to be taxed into oblivion? When they can work in Australia , Asia and other countries. It’s insane that pp still trot this out, and we will end up even poorer after a professional exodus!

You’d just lower tax receipts if you stamped out any ambition. And everyone would see the impact of that.

The money goes to "non-working" people, not "working people" that's part of the problem

Read all of my posts.

And he’ll crash the housing market, will send rents sky high which will explode the welfare bill and will last even less than Starmer.

Did you mean to quote someone else? I think you’re in a tough place and you don’t need the kicking on here.

The majority of the benefits bill goes to pensioners.

Many people on universal credit are also working.

I think wealth taxes will be dodged (more by moving assets than people actually leaving) but a well structured property wealth tax would work in many ways, as well as moving CGT to be paid at the highest income tax rate for the particular tax payer.

It would have to start reasonably high (maybe 2 million) and be tapered from there, so the highest rates fell on the £5mio plus properties.

It is currently insane that people are actually incentivised into buying the biggest house they can afford, regardless of need, due to no CGT on primary residence and not enough new house building to stop the continued upward pressure on prices.

This feeds into non generationally wealthy people (or people in a very few extremely well paid sectors) not being able to buy anything. And this in turn feeds into a low birth rate (not the only factor but it contributes) and demographic decline.

It’s preposterous that pp on benefits screaming to tax ‘the rich’ seem to be unaware that their lights are on, and the food in their stomachs comes from ‘the rich’ otherwise known as the working demographic, and without them the lights will indeed be turned off. You can’t continue to tax and tax without reform.

I really think many or most of them would stay. There's always this "we'll leave!!" threat, and sometimes a few of them do after something changes in this way, but for many it's just a form of blackmail in my opinion.

Also, if we're talking about skills rather than just assets, I'm not entirely convinced there is a perfect correlation between skills and wealth. Ok, not scientific, but I have worked with some immensely skilled, ambitious, wonderful, high achievers and they're not all wealthy; I've also worked with some very mediocre people who are very wealthy (and every scenario in between). Elon Musk, just as an example, may be a clever and ambitious man, but he's probably not the most skilled and needed person on the planet.

Many millions are not.

I just laugh that these propaganda swallowing moon howlers who think that this Labour government has been anything close to radical, that Labour has control over global events or think that Burnham is coming to eat their babies or something, are the people here offering advice on relationships or parenting. A warning shot over the membership here and their critical thinking

Frankly, I’m sick to death of middle class people with kids in private schools moaning about the government. What is it you want, exactly? A return to austerity? Poor people to suffer more so you can live better? I remember when the coalition came into power (I worked
with disadvantaged young people), watching as one by one all the support groups, training centres and hubs closed. Waiting times for MH support tripled. Low wages not keeping up with soaring prices. And from the on, under the tories, it just kept on getting worse. Food banks were barely a thing until this last government and now we have teachers and nurses relying on them. Is that what you want to see, OP? So you can keep your rental and keep your kid in private school?

I wish Burnham well. I hope he makes a difference. If he can continue Starmer’s start in getting NHS waiting lists down and build the council houses he’s promising then I am more than happy to pay more bloody tax. Millions of people genuinely have shit, awful, terrifying lives. That should be everyone’s business.

This proposed land tax-is it going to hit farmers AGAIN? Already, we pay council tax and now, finally able to retire after years of never holidaying and penny pinching, we can afford a field, no neighbours. Is he going to tax us?!

many have already left. Certainly I know of some people who previously move to Dubai, Hong Kong to get the tax benefits and they weren’t even super rich.

i feel towards anyone that has a house they cant sell

Anyone who has a house they can't sell is asking too much money for it.

I'm sorry, but I can't take anything you say seriously after you minimised the ongoing damaging effects of Brexit.

I’ve read them.

It doesn’t change the fundamentals of the situation.

Problem is it's not the 1940's, the economy is global and wealth very mobile. People need a fair tax system of course but if we are completely uncompetitive then people can just leave or move investments, businesses will stop recruiting etc, and we are seeing this now.

I'm not sure why Labour don't understand this (actually, I think Reeves kind of did, but went about things badly by trailing ideas in advance then rejecting them but doing damage anyway in market and consumer confidence).

But many haven't. I mean, why are there any here at all when they could just live in any one of the other places they threaten to leave to (and have done for decades)?

Get yourself some therapy Jesus. You are still sounding unhinged.

Yes but even a small amount of high earners leaving means that money is gone from our ecocnmy. Where do you propose to make up what they are not paying?

Ultimately op you must hold on. Burnham doesn’t even want this job, won’t last long, and has no mandate or authority. Labour’s last chance is about to go up in smoke, and then the adults will take over. This isn’t forever. It will pass.

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Only on MN do people bang on endlessly about 'hoarding property'. Wealthy people will always live in homes much bigger than their need and property tax will do nothing to change that. Get over it.