Jeremy Corbyn at Glastonbury ugh

[LivingOnAnIsland]

What a creep!

I think NI is pensions isn't it?

Thiscant it sounds like you'd be doing the right thing to go if you can have a better standard of living elsewhere. It does seem a shame to feel like you are stuggling on an income in excess of £122,000 and if that is the case I agree your situation isn't serving you well. All the best.

Shoeshavesoles - isn't it also in the Labour manifesto that they are going to scrap the married persons tax allowance. That is only paid to people you earn below the higher rate tax band. So it seems it is not just the top 5%. Happy to be corrected if I am wrong.

shoeshavesouls why are you getting so defensive?

I've asked a perfectly reasonable question.

I understood NI to be unemployment benefit, disability allowance, pensions and NHS

I thought the married tax allowance went years ago - but I'm not an expert.

A quick google tells me that NHS is partially funded by NI, partially from income tax.

5Live - like I said, I WILL NOT go into our personal circumstances. I am making the point that people on that income do already pay a lot of tax. My DH is not self employed and does not get bonuses.

ShoeshaveSouls - Cameron brought it back

Thiscant no, please don't talk about your personal finances.

5Live - I never said we earn in excess of £122,000 you have assumed that

It was an assumption based on the statement of having no personal allowance. Personal allowance goes down by £1 for every £2 earned over £100,000. This year a wage of £123,000 means you would have no personal allowance. Anyway, as you rightly say, you don't have to discuss your financial circumstance on the internet.

5Live - yes, apologies I realised that after I had posted. It has been a long day.

It has indeed and I completely agree with you about the celebrities.

DH works for a business with offices in US, Asia, Switzerland and Monaco. Clients look likely to scatter abroad so no need to stay near Berkeley Square/ City. I write from home so I am mobile too. Don't use loopholes, no tax avoidance for us, no foreign income, absolutely no inherited wealth, everything we have is self-made. We have always paid full tax, were offered an avoidance scheme when we bought our house but declined it. Will rent house out, take children out of school and move abroad. I am sure that lots of you will think that we are misanthropic but I am not here to debate the morality of what we plan to do. I simply want to make the following point: The 1% do not number very many individuals and the loss of even a smallish percentage of them (say 20%) will create a financial black hole and that will mean that low-earners have to cough up more to fund JC's utopia.

Heart is breaking - I have just re-read your post. Haven't you heard of people being taxed at source? Not everyone in the City gets a bonus. My DH is a partner so he is paid a draw and pays £££££ quarterly to HMRC.

Pelvic is right.
These sorts of people are already mobile and many have worked all over the place already, have contacts and networks. I met someone who had done two years in one country, three somewhere else and was now back here. That person could up sticks in a heartbeat.
Added to people who are considering a secondment abroad or similar, they'll go sooner rather than later and could make it permanent.
JCs utopia is pie in the sky. It's absolutely insane to think that people will continue to work their arses off

This is a genuine question as I don't know the answer. Other than places like Monaco and the Cayman Islands, where are the tax rates lower than the UK and offer the equivalent resources? I know I could google but I think it's probably not that straightforward an issue to compare on a like for like basis so any informed insight would be really interesting. I know lots of French people had decamped to London due to tax so I assume they would go back but I don't know what the tipping point for them would be in terms of tax differential.

5Live - it isn't about resources. We have private healthcare and use private schools. We don't receive benefits so our analysis isn't what do we get from the state? It is what will the state take from us in terms of total taxes, what is the housing infrastructure like, what is the time difference (DH works in global financial markets), can we get our kids into the International School. Singapore - highest personal tax rate is 20%; Abu Dhabi - no income tax levied on salaries earnt there; Switzerland - depends on the canton but total personal doesn't exceed 40%. Sorry not a long list and there are obvs more examples. From JC/ JM's rhetoric, taxes for people like my DH are going in one direction - up. It is ideological. I don't think they care that the Laffer Curve proves what will happen to the tax yield.

Thanks for your response, Pelvic. I won't answer expansively because I wasn't asking in order to pick over your reply. One point about Switzerland, my brother lived there for a couple of years and it was incredibly expensive. He was also surprised at how conservative it was as a society. It was 20 years ago though so may well have changed and I expect you know more about the place than I do if it's on the potential destination list.

I think I benefit from the support society gets from my taxes over and above things I receive directly. Even if I lived in a sparkling clean gated community, being surrounded by a squalid lawless cesspit would be a bit shit.

Aside from anything else, Brexit is likely to create such a massive reshuffle to the structure of the UK's financial service industry, particularly London, that many people in that sector who can move should be thinking about it now anyway.

"I think I benefit from the support society gets from my taxes over and above things I receive directly. Even if I lived in a sparkling clean gated community, being surrounded by a squalid lawless cesspit would be a bit shit."

My thoughts exactly.

I know the thread has moved on a bit, but I'd just like to point out that while St Jezza was preaching to his middle-class fan base at Glasto, May attended an AFD event in Liverpool and apparently spoke to loads of people, stood for selfies and was cheered according to a few of my mates who went (I wish I'd known earlier cos I'd have gone to throw rotten tomatoes see the parade).

As for Glasto being praised as a hotbed of political activism and socialism - no it is not. It's rich poshos deciding what's best for us working classes, as usual. They're sneering down their noses at us the same as the Tories do. They haven't got a clue what we want or need and, truth be told, they couldn't give a shiny shit: they just care about feeling faux-virtuous.

Food vendors at the Glastonbury festival have been in uproar today after Jeremy Corbyn fed the entire site using just five loaves of bread and two fish.

Percy Cheesewright told us,”I saw him coming out of a portaloo. We stood and chatted. I told him it was nice to see a man with proper convictions in politics and got a selfie with him. He was carrying a bag but I thought nothing of it. Then he gets up on stage, makes this big speech, looks to the Pyramid stage. He takes the five loaves, gives thanks and breaks the loaves. Then he gives them to the crowd. They all ate and were satisfied, and Michael Eavis picked up twelve basketfuls of broken pieces that were left over and walked off with them.”
It’s a disgrace. I’ve got 20,000 cheeseburgers here. What am I supposed to do with them?”
Food vendors weren’t the only ones annoyed at Corbyn. Drinks vendor Vodka Best said, “After he’d done the whole bread and fishes routine he gets Eavis to come over with some water. Then he gets Eavis to taste the water and Eavis says it’s wine. Not just any wine though. Chateau Lafite-Rothschild. Then everyone starts tasting their water and that’s wine too. Talk about champagne socialists. Nobody wants my warm Carlsberg now.”
Michael Eavis told us, “It’s great having Jeremy here. He’s the first frontline politician who’s got young people to engage with politics in years. Think I’ll keep him away from the field where we buried all those cows we had to kill during the foot and mouth outbreak of 2001. We wouldn’t want his Lazarus routine. A lot of our patrons are on drugs so zombie cows could be very distressing for them.”

rochdaleherald.co.uk/2017/06/24/glastonbury-food-vendors-uproar-jeremy-corbyn-feeds-festival-five-loaves-two-fish/amp/

Oh well if your mates said it and she took some selfies