Labour £2000 extra working class families

[Hopebridge]

I have just been watching the news and saw this as a headline. Does anyone know more about what this will be made up of if they come into power? Starmer didn't seem to answer the question. I did google the policies but couldn't see this. Thank you!

Mortgage rates shot up entirely due to truss' mini budget and the £2000 is madeup bollocks, sunak has been reprimanded by the treasury office over using the figure

Off topic but can politicians/media / people stop exclusively talking about “working families” as if there isn’t a significant amount of single person households who are paying a lot (and not getting that much back)in a cost of living crisis where they are often the hardest hit!

https://www.theguardian.com/commentisfree/2023/sep/25/hard-working-families-single-people-cost-of-living-crisis

As others have said, Rishi was being dishonest.
https://apple.news/AHJb-0DbbRxKQdsFAYCQIZQ

It's 2k per household over the next 4 years isn't it? So £500 a year. Considering the Tories' shitshow of a budget is costing me an extra £500 a MONTH, and not giving me anything in return, I'll take Labour's plan any day.
As a PP said, to fund a better NHS and other public services, it's a bargain.

Just a touch of faux naïveté from you here in starting this thread, OP, given away by defending Truss of all people...

In terms of the £500 per household, that is simply an overall figure the Tories calculated was the "deficit" that needed to be filled by tax receipts increases divided by the number of households. Even if it were true (and it is clearly absolute fiction) obviously not all families shoulder an overall tax increase equally, some may not see a rise at all. We have a progressive tax system.

But, as I said, the figure is bollocks anyway.

@Hopebridge you're either spectacularly naive or a Tory Central Office plant.

MNHQ, I hope you're on the look out for any such nonsense.

Lots of speculation either way. The truth is until the fully costed manifesto comes out, none of us can be sure. At the moment it does appear there are very big spending plans by Labour, and very little insight into how our debt ridden country will pay for them.

we know snippets, like pensioners will be taxed on the state pension, we know vat will be charged on private school fees, we know that we will all need to change our boilers and cars in the next five years for the 2030 target, and we will not have support to do it. So some things we do know, but although net 2030 is going to crucify us that don’t have the money, it is on top of how we are going to pay for the plans, which Labour still need to reveal.

labour promised to cost it at the last election, then issued their manifesto and didn’t do so, to tell working people just how much they will need to pay would not be an election winner, so I strongly suspect they will attempt to do the same again.

at the debate starmer basically said he won’t raise taxes, but we all know after and if they get in, they will just say sorry it was unavoidable, if you want the nhs, schools,police etc to improve you are all going to have to dig deep , and put them up, no other option. The company and non dom things won’t come close to touching the bill. And that’s on top of us all dealing with our cars and getting heat pumps.

its bloody terrifying.

It’s to get you worried about voting labour
it’s to make headlines
its to deflect from Tory mismanagement for 14 years

As pp said, it’s not an annual amount, the figures are dubious

Yep the funding from taxes mentioned is very low, tiny parts of overall budgets. The cost of what people expect very high. All services upgraded somehow but take the green one.

Heat pumps in every home. Do people know how much that costs per house?

Are people ready to spend it

It’s a lie. Remember the £350 million the NHS was going to get from Brexit? Same thing. Tories lie - shouldn’t be a total shocker.
They did some calculations on the back of an envelope based on some Labour and some non labour policies and worked out that these policies could increase tax by £500 per year. Even if you believe it the figure Sunak kept shouting about was over four years.

Jonathan Ashworth was asked by Nick Ferrari on LBC yesterday if the labour party would tax pensions. His response was that Labour would not increase income tax, VAT or NI. Maybe that's where the £2000 would be from?

I would be all for having a NHS dentist again if it's a small increase. I asked a question I'm not a plant and think that's a bit rude to say so just because I asked a question. As I said before thank you for the responses and I'll carry on doing research. Politics is a confusing world and I think it's good for people to be able to ask questions.

I didn't defend her I previously said reasons I thought mortgage's had gone up 🙈 I also corrected myself saying the mini budget was part of it.

@Hopebridge sorry if I wrongly accused you. But really - they're such masters of the art of a giant whopper. I hope your research confirms that to you.

But you're SO screwed under the Tories unless you never need schools, NHS etc,

It’s pick your poison. I’m glad you can afford to change your car and boiler, it’s are you willing to empty your pockets for the greater good, if so vote Labour, are you more moderate, and will pay what you pay now, and watch a slower recovery.

for me, only the very wealthy can afford Labour without a thought.

I guess taxes need to increase somewhere for services to improve? I used to have heat pumps in my old house (new build). They weren't great to be honest. Very noisy and played up my asthma so I turned them off 😬 Is this something they will insist every home has? I have solar panels which work well so I hope not.

Not sure about running on solar panels solely. It’s not very efficient to run a full home. But maybe, but our boilers will be gone for sure. And our cars.

The Spectator has run a calculation using the same methodology as the one Sunak is relying on in relation to the cost of the plans the Tories have announced. The figure comes to £3000 per head.

Sky have also done their sums on the cost of tax rises just since 2019. The figure is £13K per household.

Quite why Sunak thinks the tax argument is one he should rely on is beyond me. He's supposed to know about finance, after all.

Not really strange - the left don’t support Starmer who is a centrist - sensible politician as opposed to unrealistic ideologists. They therefore are smearing him at every opportunity.

The £2000 was a made up figure. Stop repeating this.

The scaremongering is ridiculous. Do you really think that in 2030 all gas boilers will suddenly be switched off by the government?

No one is going to be forced to change their boiler or their car overnight. The changes will be phased in.

The boilers for example will initially be banned from new builds.

Anyway, you are wasting your time (and so am I in engaging with you!). Labour is going to win the GE no matter how much misinformation is splattered across MN.

What a surprise ! The tories are lying again.

Pensions income is taxed like any other income. Through income tax.

Whilst changes could be made to the treatment of money being saved into a pension whilst still working this would be a really odd choice as I can't see why any government would want to disincentivise saving for retirement, it would add to the strain on the public purse if retirees had less.

There are a lot of them on here lying away 🤥 as well