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Post by zanygame on Nov 19, 2023 8:03:52 GMT
As I say stable growth is what investors want, not government incentives. Growth had flatlined long before Covid and Ukraine - excessive taxes and regulation saw to that. Or Brexit. When you say flat lined do you mean growth was static at around 2% until Brexit? Are our taxes any higher than other countries that are doing better?  |
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Post by Fairsociety on Nov 19, 2023 9:22:12 GMT
Bribing 1% of the voters with cutting taxes isn't going to win them the next GE, I think he should be cutting VAT, because that impacts on every household in the country, but why would they do the obvious voting winning thing, to be honest I think the Tories are bored of being in power.
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Post by dappy on Nov 19, 2023 9:36:37 GMT
Given that we will have a budget deficit of over £100bn this year, really not sure we should be cutting tax at all , but then this is all about the upcoming election and the Tory civil war and nothing to do with the interests of the UK economy.
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Post by sheepy on Nov 19, 2023 9:47:53 GMT
Given that we will have a budget deficit of over £100bn one might expect to know exactly how are they spending so much money they obviously don't have.
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Post by buccaneer on Nov 19, 2023 9:48:51 GMT
Given that we will have a budget deficit of over £100bn this year, really not sure we should be cutting tax at all , but then this is all about the upcoming election and the Tory civil war and nothing to do with the interests of the UK economy. Straight from the orthodoxy of the decade or so, 'ever more taxes'. That's worked well, not. |
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Post by zanygame on Nov 19, 2023 10:48:40 GMT
Given that we will have a budget deficit of over £100bn this year, really not sure we should be cutting tax at all , but then this is all about the upcoming election and the Tory civil war and nothing to do with the interests of the UK economy. Straight from the orthodoxy of the decade or so, 'ever more taxes'. That's worked well, not. Yes the trillion pound debt is far better. |
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Post by andrewbrown on Nov 19, 2023 11:16:57 GMT
Bribing 1% of the voters with cutting taxes isn't going to win them the next GE, I think he should be cutting VAT, because that impacts on every household in the country, but why would they do the obvious voting winning thing, to be honest I think the Tories are bored of being in power. I like your VAT idea, that actually worked very well after the financial crisis in 2008. It would also help with inflation. Regards your last sentence, shouldn't they be looking to see what is good and right for the country rather than vote winning? |
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Post by Fairsociety on Nov 19, 2023 11:24:36 GMT
Bribing 1% of the voters with cutting taxes isn't going to win them the next GE, I think he should be cutting VAT, because that impacts on every household in the country, but why would they do the obvious voting winning thing, to be honest I think the Tories are bored of being in power. I like your VAT idea, that actually worked very well after the financial crisis in 2008. It would also help with inflation. Regards your last sentence, shouldn't they be looking to see what is good and right for the country rather than vote winning? Regarding your last sentence, I think it's becoming apparent that any government in power only serves the 'good and right' of themselves, as far as they are concerned the rest of the country can go to hell. |
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Post by andrewbrown on Nov 19, 2023 11:26:13 GMT
And on that we agree.
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Post by Pacifico on Nov 19, 2023 11:40:32 GMT
Growth had flatlined long before Covid and Ukraine - excessive taxes and regulation saw to that. Or Brexit. When you say flat lined do you mean growth was static at around 2% until Brexit? Are our taxes any higher than other countries that are doing better?
Oh I think so....   |
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Post by dappy on Nov 19, 2023 11:59:10 GMT
So roughly level during Labour and then falling behind since the Tories took over.
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Post by borchester on Nov 19, 2023 12:07:55 GMT
To my way of thinking the real question is not which taxes are to be reduced, but why not ?
It does not matter how much public money is given to Britain's layabout army, it is never going to leap up, take responsibility for its own lives. get jobs and vote Conservative. It will just sit back, think the tax paying public are mugs and wait for the benefit cheques to hit their bank accounts.
So cut taxes and benefits
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Post by The Squeezed Middle on Nov 19, 2023 12:10:18 GMT
For most, inheritance is only payable on estates over £1m. Bit of a stretch to call it a tax on the poor. Inheritance tax starts at around £500,000 for property. And you can't get a cardboard box in London for much less than that.
So I want to see cuts in inheritance tax.
And less spending on the NHS. However much it is given it still wants more
The problem with throwing money at public services is that it never goes to the front line, it always ends up wasted in additional tiers of bureaucracy.
NHS, Education, Emergency Services etc. etc. It always goes the same way.
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Post by Pacifico on Nov 19, 2023 16:24:17 GMT
So roughly level during Labour and then falling behind since the Tories took over. Labour the party of lower taxes now?.. |
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Post by Pacifico on Nov 19, 2023 16:26:40 GMT
To my way of thinking the real question is not which taxes are to be reduced, but why not ?
It does not matter how much public money is given to Britain's layabout army, it is never going to leap up, take responsibility for its own lives. get jobs and vote Conservative. It will just sit back, think the tax paying public are mugs and wait for the benefit cheques to hit their bank accounts.
So cut taxes and benefits
Yes - we have around 12pc of the working-age population on out-of-work benefits. Meanwhile, there are still around a million vacancies, with many sectors suffering from acute worker shortages. The generous welfare system means that for many work does not pay. |
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