Labour

[EverythingAllatOnceAllTheTime]

No questions the Tories were bad, but Labour are on another level.

Are you still happy you voted them in? Be honest now, you are having your doubts aren’t you?

If not, you really should be.

Apart from anything else, TTSSRPBT is clearly talking absolute nonsense! Where are they proposing to move to? In pretty much any Western democracy they'll be paying as much, or more likely more, tax than they would be here.

My guess is that they're actually staying in Russia...

If they drop their hours that's up to them. I work PT and don't pay as much tax as I would FT, obvs. It's the idea that someone just wants to avoid paying fair taxes at all and would rather bugger off abroad that shows them up as not caring about their country. It just looks pretty egotistical. I'm alright Jack.

It's up to politicians to maximise tax receipts by not causing people to opt out, people are free to live wherever no one is beholden anywhere

Especially as the pp said they have dual nationality.

If Labour stuff up and drive people away and tax receipts fall that's their failure overall

I think what that poster said can be taken with a pinch of salt, don't you.

Tax receipts aren't going to increase unless the Govt gets growth, something the Tories failed to do in over 14 years.

Why people emigrate is complex, its not usually based on a particular tax rate, which can very quickly change.

In no particular order & not exhaustive: employment prospects, healthcare, education, culture, transport links and their reliability, business would look esp at skills transport and access to healthcare.

Atm the UK falls down on these.

I'm not commenting on the pp I'm not keen on that kind multiple posting against someone, it makes people retaliate and deleted which I don't think makes a more balanced site

There's no point in people getting upset otters won't stay to pay tax. People are free to go and find a better place to work if they wish. If Labour stuff up and drive people out they can assess what they've done wrong, it's not on anyone who left.

Not that they'll care if people are annoyed they will be happy someone else presumably.

I never said its on people leaving.

Its about growth, the UK isn't going to rise or fall because we have a few more or less billionaires, what matters is the tax take from the general population and we need much more growth.

Something the UK hasn't really achieved for over 16 years, under the previous Govt.

others and somewhere...

There are the mega rich that choose tax haven to live: like Monaco or Dubai or Singapore - or places that house a lot of offshore structuring like the BVI and Bermuda, then there are people who think 'for the amount of tax I'm paying, could I have a better life elsewhere' or 'do I want to contribute to a better society elsewhere' or 'can I live differently, eg: only one parent works, change of career elsewhere'. It's not about not wanting to contribute at all, it's about what constitutes your limit.
My husband and I made many sacrifices to reach our salary levels (borrowed extensively to study, moved away from home to a city where I knew nobody and literally started a new life around my work and training. During my 20s I worked many 80+ hour weeks, sacrificed weekends and holidays to build my career. We've never used clever tax structuring - every penny we have earned has had PAYE and NIC applied. We are not multi property owning landlords, we own one house and have paid, in total, several hundred thousands of pounds in tax in the form of stamp duty when we have bought and moved. Due to recent circumstances my job is in the bracket of the marginal 62% tax rate. And now 20% on school fees. I'm fucking sick of being bled dry.

So I'm absolutely looking at choosing a different society to be part of - a different place to pay taxes or to do things differently so I'm not working FT only to give it all away.

So I'm absolutely looking at choosing a different society to be part of - a different place to pay taxes or to do things differently so I'm not working FT only to give it all away

If you're on 62pc tax you are a high earner. You're definitely not giving all your salary away. What a shame you don't feel like you want to use some of your wealth to help build a better society.

I'm giving too much of it away. 62% marginal rate, plus other sorts of taxes (stamp duty, VAT) I'm waiting to see them take from my pension too. I'm happy to contribute, but overall the tax I pay is in excess of 50%. It's too much.

Due to recent circumstances my job is in the bracket of the marginal 62% tax rate. And now 20% on school fees. I'm fucking sick of being bled dry

If you move abroad, you'll still pay that 20% on fees, unless you move your kids from their school, which they'll thank you for... you'll need health insurance until you re resident, which will be hyper expensive and if you work PAYE, you'll still pay an awful lot of tax.

Perhaps you should look at better, tax efficient ways to get paid.

Anyway, i never get these people, none are struggling, huge pension contributions, still have a take home salary many times larger than anyone on avg earnings, yet still they moan, as if they are the only ones who work hard.

It's up to you, if politicians mess up and drive people away it's on them and those who thought voting for higher taxes was the way to go

The idea that you need to be kept anywhere to pay more so others don't have to is an odd one

Not suggesting I'm the only one working hard, nor that it's only high earners that work hard. I won't move the kids from school unless we absolutely can't afford to keep them there but as soon as they are at Uni I'm done with paying taxes to live in a mediocre grey little island with a baffling over-inflated impression of itself.

I accept that IQ can change a little, but not vastly, I think.

Suppose two people are born. One has an IQ of 75 and the other has an IQ of 140. Odds on, in our society, the one with the higher IQ will get better academic qualifications and have what is considered to be a 'better' job than the other one. If both of them work for 50 hours a week, who is to say which one is working harder?

What a funny old world it is when one person is reckoned to be worth paying £185k a year, and another one £22k a year.

My IQ is not low, but as far as I know I didn't make any effort to make it like that.

I believe Ghandi said that it is the responsibility of the educated and intelligent people to create a society which treats everyone fairly, or something like that.

I've forgotten the question but I simply don't care.

Why are you obsessed with John Major? I never mentioned him. He wasn't a particularly noteworthy nor successful prime minister.

What a funny old world it is when one person is reckoned to be worth paying £185k a year, and another one £22k a year

Have a look at the writings of Karl Marx; sounds as if they'd be right up your street.

No, I mentioned him because he was relevant to your point. He did all the heavy lifting on the N Ireland peace agreement, Blair just finished the job. He held three out of four of the great offices of state, steered the country through recession and financial turmoil and combined that with being a really good constituency MP - I live in his constituency. I think he’s one of the most underrated politicians of my lifetime. All that on three O levels.

Hi!

FT poster here! I just wanted to add that we have recently relocated with DP’s work following the election, so happy to answer any questions.

Major also preceded over the Black Wednesday debacle, collapse of the £ and super hi interest rates, unemployment of over 3m too.

He was a fan of privatisation, just like Thatcher, he then sold off the railways.

Like all Tories since Thatcher, just continued the wrecking of the UK.

That he cheated on his wife, says much about the man.

Edited as forgot to quote poster I was replying to.

Hi!

Your assertion is not factually correct, but happy to help.

Thanks

I'm not obsessed with him.

You asserted that Rayner is deputy PM due to tokenism and that the same applied to Prescott. I asked if you felt the same about John Major - was he a "token uneducated bloke made good too?"

https://en.m.wikipedia.org/wiki/John_Major

John Major passed the 11 plus. His family circumstances just happened to take a turn for the worse in his teens. That is probably why he did not quite achieve his full potential academically.

Might be better to do an AMA rather than derail this thread?

Correct away, always happy to learn.....