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Post by Deleted on Sept 1, 2023 12:43:16 GMT
I am hoping that any Labour government ( if elected ) WILL raise taxes to repair the damage and to improve public services, including our NHS.
But I believe that this can be done without hitting ordinary people or raising Income Tax
One really good idea is some kind of "On Line Purchase Tax", whereby 1 or 2 percent is added to the price of everything purchased on-line. I believe this could raise many millions of pounds, and at the same time would go some way in altering the unlevel field between high street shops and mega-corporations such as Amazon.
It would mean that a TV costing £300 from an on-line retailer would instead cost £306.00
Removing Charitable Status from private schools
A Land Tax whereby speculators who buy up land to sit on it until the price goes up, should pay an annual land value tax.
Second Homes - are a menace in The Lake District, North Yorkshire, Devon and Cornwall, all second homes should pay double Council Tax.
There are lots of ways to indirectly raise taxes in order to repair, and invest in public services without actually hitting the ordinary man and woman in the street or raise Income Tax.
I also agree with "progressive taxation" which hits the most unhealthiest of foods, those very high in sugar and fat, because no one HAS TO pay it, its your choice. Some of the maney could be re-invested in agriculture, or in grants to help businesses which grow or produce British food.
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Post by Fairsociety on Sept 1, 2023 12:46:30 GMT
I am hoping that any Labour government ( if elected ) WILL raise taxes to repair the damage and to improve public services, including our NHS. But I believe that this can be done without hitting ordinary people or raising Income Tax One really good idea is some kind of "On Line Purchase Tax", whereby 1 or 2 percent is added to the price of everything purchased on-line. I believe this could raise many millions of pounds, and at the same time would go some way in altering the unlevel field between high street shops and mega-corporations such as Amazon. It would mean that a TV costing £300 from an on-line retailer would instead cost £306.00 Removing Charitable Status from private schools A Land Tax whereby speculators who buy up land to sit on it until the price goes up, should pay an annual land value tax. Second Homes - are a menace in The Lake District, North Yorkshire, Devon and Cornwall, all second homes should pay double Council Tax. There are lots of ways to indirectly raise taxes in order to repair, and invest in public services without actually hitting the ordinary man and woman in the street or raise Income Tax. I also agree with "progressive taxation" which hits the most unhealthiest of foods, those very high in sugar and fat, because no one HAS TO pay it, its your choice. Some of the maney could be re-invested in agriculture, or in grants to help businesses which grow or produce British food. Spoken by a true lefty ... LOL
tax tax and more tax.
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Post by Deleted on Sept 1, 2023 13:50:07 GMT
I am hoping that any Labour government ( if elected ) WILL raise taxes to repair the damage and to improve public services, including our NHS. But I believe that this can be done without hitting ordinary people or raising Income Tax One really good idea is some kind of "On Line Purchase Tax", whereby 1 or 2 percent is added to the price of everything purchased on-line. I believe this could raise many millions of pounds, and at the same time would go some way in altering the unlevel field between high street shops and mega-corporations such as Amazon. It would mean that a TV costing £300 from an on-line retailer would instead cost £306.00 Removing Charitable Status from private schools A Land Tax whereby speculators who buy up land to sit on it until the price goes up, should pay an annual land value tax. Second Homes - are a menace in The Lake District, North Yorkshire, Devon and Cornwall, all second homes should pay double Council Tax. There are lots of ways to indirectly raise taxes in order to repair, and invest in public services without actually hitting the ordinary man and woman in the street or raise Income Tax. I also agree with "progressive taxation" which hits the most unhealthiest of foods, those very high in sugar and fat, because no one HAS TO pay it, its your choice. Some of the maney could be re-invested in agriculture, or in grants to help businesses which grow or produce British food. Spoken by a true lefty ... LOL
tax tax and more tax.
When this government first came to power in 2010, the strength of the British Army was 109,000, today that figure is 77,000, with Europe more unsafe and more dangerous than at any time since the depths of The Cold War, with European NATO members increasing defence spending, and with the US warning us to increase spending, how would you propose we raise the money. ? With one third of all school buildings in the UK beyond the time limits for repair or rebuild, how do you propose we raise the money to do it. ? With the UK population having grown by over 5 million since this government first came to office, and with the NHS sustaining its lowest growth in resources in its history, topped with the fact that there are serious staff shortages combined with people leaving due to pay, morale, presure and worse terms and conditions - How would you put these problems right without investment. This government has as much as accepted and agreed that public service cuts went too far - evident by the fact that Boris Johnson reversed the cuts to police officer numbers inflicted by David Cameron and Theresa May, and also by the fact that the government is HAVING TO greatly increase the numbers of immigration staff in order to clear the asylum backlog. We cannot carry on like this, we need our public services to actually work, and to be where they were in 2010, when ambulances met response times, when you could see your GP in 2 or 3 days NOT 2 or 3 weeks. How can we address all these issues without having the funds to do so
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Post by Fairsociety on Sept 1, 2023 13:58:44 GMT
Spoken by a true lefty ... LOL
tax tax and more tax.
When this government first came to power in 2010, the strength of the British Army was 109,000, today that figure is 77,000, with Europe more unsafe and more dangerous than at any time since the depths of The Cold War, with European NATO members increasing defence spending, and with the US warning us to increase spending, how would you propose we raise the money. ? With one third of all school buildings in the UK beyond the time limits for repair or rebuild, how do you propose we raise the money to do it. ? With the UK population having grown by over 5 million since this government first came to office, and with the NHS sustaining its lowest growth in resources in its history, topped with the fact that there are serious staff shortages combined with people leaving due to pay, morale, presure and worse terms and conditions - How would you put these problems right without investment. This government has as much as accepted and agreed that public service cuts went too far - evident by the fact that Boris Johnson reversed the cuts to police officer numbers inflicted by David Cameron and Theresa May, and also by the fact that the government is HAVING TO greatly increase the numbers of immigration staff in order to clear the asylum backlog. We cannot carry on like this, we need our public services to actually work, and to be where they were in 2010, when ambulances met response times, when you could see your GP in 2 or 3 days NOT 2 or 3 weeks. How can we address all these issues without having the funds to do so The numbers were higher prior to 2010 because of Blair's illegal war, the British troops pulled out of Afghanistan in 2014, hence the number drop to 77,000.
more than 100,000 troops in Afghanistan and more than 160,000 troops in Iraq, the military pulled out of Afghanistan completely in 2021.
You will find that when wars are over there will be a drop in the number of soldiers required.
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Post by Pacifico on Sept 1, 2023 16:47:00 GMT
Seems the point of the OP is being missed. The clip claims people will be taxed on things like sugar. A far cry from multinationals. Like Ulez during the cost of living crisis this looks like more robbery from the wallets of ordinary folk. 'Ah, but it's for your own good we do this' says Big Brother. Indirect taxes (stealth taxes) are worse than direct taxes, because direct taxes are based on what you earn.
Indirect taxes impact the less well off even more, stealth taxes are Labours favourite backdoor taxes, they can impose them on 'everyone', so those who can least afford to pay them are hit the hardest, ULEZ, is a tax on 'everyone' and it's strongly endorsed by Labour, so how can Labour possibly say they are the 'party of the poor'?
Depends on what you are trying to achieve - if its to stop people smoking or eating sugar then 5p on income tax for those on over £100,000 is rather pointless.
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Post by Pacifico on Sept 1, 2023 17:11:32 GMT
Seems accurate...
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Post by Fairsociety on Sept 1, 2023 17:25:06 GMT
Indirect taxes (stealth taxes) are worse than direct taxes, because direct taxes are based on what you earn.
Indirect taxes impact the less well off even more, stealth taxes are Labours favourite backdoor taxes, they can impose them on 'everyone', so those who can least afford to pay them are hit the hardest, ULEZ, is a tax on 'everyone' and it's strongly endorsed by Labour, so how can Labour possibly say they are the 'party of the poor'?
Depends on what you are trying to achieve - if its to stop people smoking or eating sugar then 5p on income tax for those on over £100,000 is rather pointless. It's nothing to do with that, the 'policy makers' are advised by 'independent advisors' .... who are funded by ......yes you guessed it..... by the ver same people who are funding the 'inquiry' .......... ........
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Post by Steve on Sept 1, 2023 20:42:08 GMT
Google UK Limited reported a net profit of 896 million British pounds in the 18 month fiscal period that ended December 31, 2021. Google UK Limited changed its financial year end to December 31 from June 30. This was an increase on the previous year, where the company reported 225.99 million pounds. Google generates the majority of revenue through advertising.
Going just by 2021, that still makes a tax bill of £200m which is what I posted, they upped their £50m to £200m, which is proportionate to their 'profits'.
Because of the (near universal in the West) accountancy rules of 'recognose losses immediately, profits prudently' that tax position could very easily be affected by historical losses. Such often looks a bit strange but actually is fair. What isn't is when some (not all) international companies suppress profits and tax in one country by all sorts of fees between their international components.
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Post by buccaneer on Sept 2, 2023 2:59:05 GMT
I am hoping that any Labour government ( if elected ) WILL raise taxes to repair the damage and to improve public services, including our NHS. But I believe that this can be done without hitting ordinary people or raising Income Tax One really good idea is some kind of "On Line Purchase Tax", whereby 1 or 2 percent is added to the price of everything purchased on-line. I believe this could raise many millions of pounds, and at the same time would go some way in altering the unlevel field between high street shops and mega-corporations such as Amazon. It would mean that a TV costing £300 from an on-line retailer would instead cost £306.00 Removing Charitable Status from private schools A Land Tax whereby speculators who buy up land to sit on it until the price goes up, should pay an annual land value tax. Second Homes - are a menace in The Lake District, North Yorkshire, Devon and Cornwall, all second homes should pay double Council Tax. There are lots of ways to indirectly raise taxes in order to repair, and invest in public services without actually hitting the ordinary man and woman in the street or raise Income Tax. I also agree with "progressive taxation" which hits the most unhealthiest of foods, those very high in sugar and fat, because no one HAS TO pay it, its your choice. Some of the maney could be re-invested in agriculture, or in grants to help businesses which grow or produce British food. The UK's tax base isn't big enough to pay 6 million public sector employees, never mind to continually expect it to cough for infrastructure initiatives and all the ongoing costs of public departments. An economy cannot continue to tax its way like this unless it wants to become a basket case. Unfortunately, the Tories and Labour like your thinking: the state taking even more money out the hands of the peasants; while low economic growth ensures public services don't grow but instead add finacial strain onto an already bloated system. Truss had the right idea. But the group-think economic orthoxy of today is content with low-growth and rasing taxes.
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Post by Steve on Sept 2, 2023 9:14:14 GMT
The UK's tax base isn't big enough to pay 6 million public sector employees, never mind to continually expect it to cough for infrastructure initiatives and all the ongoing costs of public departments. An economy cannot continue to tax its way like this unless it wants to become a basket case. . . . Denmark does, so do many successful states. basket case Mexico on the other hand . . .
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Post by buccaneer on Sept 2, 2023 9:29:58 GMT
The UK's tax base isn't big enough to pay 6 million public sector employees, never mind to continually expect it to cough for infrastructure initiatives and all the ongoing costs of public departments. An economy cannot continue to tax its way like this unless it wants to become a basket case. . . . Denmark does, so do many successful states. basket case Mexico on the other hand . . . Measuring diverse economic nations and simplyfying them down to a simple graph is rudimental. But at least we know where you stand: low economic growth and high taxes. More of the same. You have to ask yourself, has it worked thus far?
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Post by Deleted on Sept 2, 2023 9:50:28 GMT
buccaneer >> "The UK's tax base isn't big enough to pay 6 million public sector employees, never mind to continually expect it to cough for infrastructure initiatives and all the ongoing costs of public departments.
An economy cannot continue to tax its way like this unless it wants to become a basket case.
Unfortunately, the Tories and Labour like your thinking: the state taking even more money out the hands of the peasants; while low economic growth ensures public services don't grow but instead add finacial strain onto an already bloated system.
Truss had the right idea. But the group-think economic orthoxy of today is content with low-growth and rasing taxes." --------------------------------------------------------------------------
Every nation has to have a Police Force, Fire Services, Immigration & Border Authority, Armed Forces, State Education, and in some instances a State run or State owned Health Service and other public services, some of which are essential.
In 2010 these UK institutions were in Good Working Order, but today they are not in good working order, some of these state institutions such as our Immigration & Border Force have recently not been capable of doing the job they are intended to do.
There are no public services which are over-staffed, bloated or carrying dead weight, most are now understaffed, underfunded and many are now not capable of performing the tasks for which they exist to do.
If we went down the Liz Truss route, we would have ended up like some third world, under developed nation with public services that barely function.
The classic "Right" thinking economics fails to grasp that cutting public services does have a knock-on effect on the wider economy; If you cut the number of police officers, fire officers, teachers, doctors and council workers in a town, IT WILL affect the local economy, it will reduce turnover in shops and businesses, and it will affect manufacturing, and as seen by the evidence of Messers Cameron & May, it will cut off growth.
All we ask is that any future Labour government finds the funds through fair means to return our public services back to where they were in 2010 - in good working order.
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Post by Steve on Sept 2, 2023 9:57:27 GMT
Denmark does, so do many successful states. basket case Mexico on the other hand . . . Measuring diverse economic nations and simplyfying them down to a simple graph is rudimental. But at least we know where you stand: low economic growth and high taxes. More of the same. You have to ask yourself, has it worked thus far? You can't build a stable developed society without comprehensive health and underpinning policing, welfare and education services. You can get massive growth by cutting taxes to kill these but sadly the growth will be in organised crime and riots. Your faith in 'couldn't do the sums Truss' in noted.
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Taxation
Sept 2, 2023 10:07:20 GMT
via mobile
Orac likes this
Post by johnofgwent on Sept 2, 2023 10:07:20 GMT
I am hoping that any Labour government ( if elected ) WILL raise taxes to repair the damage and to improve public services, including our NHS. But I believe that this can be done without hitting ordinary people or raising Income Tax One really good idea is some kind of "On Line Purchase Tax", whereby 1 or 2 percent is added to the price of everything purchased on-line. I believe this could raise many millions of pounds, and at the same time would go some way in altering the unlevel field between high street shops and mega-corporations such as Amazon. It would mean that a TV costing £300 from an on-line retailer would instead cost £306.00 Removing Charitable Status from private schools A Land Tax whereby speculators who buy up land to sit on it until the price goes up, should pay an annual land value tax. Second Homes - are a menace in The Lake District, North Yorkshire, Devon and Cornwall, all second homes should pay double Council Tax. There are lots of ways to indirectly raise taxes in order to repair, and invest in public services without actually hitting the ordinary man and woman in the street or raise Income Tax. I also agree with "progressive taxation" which hits the most unhealthiest of foods, those very high in sugar and fat, because no one HAS TO pay it, its your choice. Some of the maney could be re-invested in agriculture, or in grants to help businesses which grow or produce British food. except its not to repair is it, it’s to fritter away in some vanity project. Or further destroy what is left of the country’s identity
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Post by Dogburger on Sept 2, 2023 12:24:40 GMT
Multi national companies /financial institutions seem to be collectively more powerful than governments. They don't seem to be they are governments . Our own unelected PM is one of their many puppets .
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