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Post by jonksy on Jun 21, 2024 18:49:17 GMT
Labour drafts options for wealth taxes to ‘unlock’ funds for public services...... The Labour party has been drawing up options for how it could raise money through extra wealth taxes to help rebuild Britain’s public services if it wins the general election, according to sources who have spoken to the Guardian. The proposals under consideration include increases in capital gains tax (CGT), first revealed by the Guardian two weeks ago, that could raise £8bn.
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Post by andrewbrown on Jun 21, 2024 19:21:07 GMT
Good. It's needed.
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Post by ProVeritas on Jun 21, 2024 19:43:10 GMT
Oh, Nulla... The issues are well documented so I shan't repeat them here. Suffice to say that every Labour government has ended in ignominy and financial disaster. Every single time. And then the Tories have to come in and fix it. And the sheeple keep voting for more of the same. So, two highest points for inflation in last 40 years: Conservatives in Power. 1976 Sterling Crisis requiring an IMF bailout caused by Anthony Barber's 1972 Budget. Almost all areas of public services at breaking point after 14 years of tax cuts for the rich paid for by spending cuts to essential public services, the police, and armed forces. All The Best |
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Post by ProVeritas on Jun 21, 2024 19:48:22 GMT
It's interesting that Income rose in every term of Thatchers Government and fell during every term of the New Labour Government. So Blair advising Starmer is not looking good chaps... Oh fuck me; did you even read the chart? Income did NOT fall under New Labour. The rate of increase slowed. The ONLY government to push growth into minus figures is the Conservatives. All The Best |
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Post by jonksy on Jun 21, 2024 20:27:09 GMT
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Post by sandypine on Jun 21, 2024 21:03:13 GMT
It's interesting that Income rose in every term of Thatchers Government and fell during every term of the New Labour Government. So Blair advising Starmer is not looking good chaps... I think you've read the chart wrong! These are INCREASES in disposable income. Any positive figure means it's gone up. 🙈 The question is why does it decelerate under Labour or NewLabour but go ahead in leaps and bounds under Tories. The only time it was shrinking was at the end of the Tories latest time post Covid and post Ukraine war |
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Post by andrewbrown on Jun 21, 2024 21:12:01 GMT
I think you've read the chart wrong! These are INCREASES in disposable income. Any positive figure means it's gone up. 🙈 The question is why does it decelerate under Labour or NewLabour but go ahead in leaps and bounds under Tories. The only time it was shrinking was at the end of the Tories latest time post Covid and post Ukraine war Agree about the shrinkage, which was the point that I was originally making. I read it as 1997-2010 was better for people than 2010-2024, which I think that most people would agree with. I also acknowledge that 1979-1997 it was higher. The thing that did interest me is that people did quite well under the Labour government of the 1970s. |
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Post by Bentley on Jun 21, 2024 21:15:04 GMT
The question is why does it decelerate under Labour or NewLabour but go ahead in leaps and bounds under Tories. The only time it was shrinking was at the end of the Tories latest time post Covid and post Ukraine war Agree about the shrinkage, which was the point that I was originally making. I read it as 1997-2010 was better for people than 2010-2024, which I think that most people would agree with. I also acknowledge that 1979-1997 it was higher. The thing that did interest me is that people did quite well under the Labour government of the 1970s. Inflation was your friend in the ( early and mid) 70s ,when you where buying a house anyway |
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Post by andrewbrown on Jun 21, 2024 21:16:50 GMT
Agree about the shrinkage, which was the point that I was originally making. I read it as 1997-2010 was better for people than 2010-2024, which I think that most people would agree with. I also acknowledge that 1979-1997 it was higher. The thing that did interest me is that people did quite well under the Labour government of the 1970s. Inflation was your friend in the 70s ,when you where buying a house anyway We've had plenty of inflation during this government? |
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Post by Bentley on Jun 21, 2024 21:19:20 GMT
Inflation was your friend in the 70s ,when you where buying a house anyway We've had plenty of inflation during this government? Yes but we didn’t have the wage rises that went with it , as we did in the 70s. |
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Post by Pacifico on Jun 21, 2024 21:27:55 GMT
It's interesting that Income rose in every term of Thatchers Government and fell during every term of the New Labour Government. So Blair advising Starmer is not looking good chaps... I think you've read the chart wrong! These are INCREASES in disposable income. Any positive figure means it's gone up. 🙈 Yes - the rises in disposable income got ever greater under Thatcher Governments whereas they got gradually worse under New Labour - seems that things didn't get better after all.  |
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Post by Dubdrifter on Jun 21, 2024 21:30:27 GMT
Labour aren’t going to win … REFORM are going to landslide it ….
…. If Labour win … we will expect a recount … because the vote will have been rigged! 🤣 …. Basement Joe never won in 2020 … and UK Deep State will be prepping ballot boxes with fake votes to rig this one … if it looks like Farage and Co. Is getting close to the line….
… watch out for irregularities at polling stations … especially where BLM/Mossad are stationed … they are stooges of the Soros Posse/Leftist Anarchist Collective.
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Post by Pacifico on Jun 21, 2024 21:31:00 GMT
It's interesting that Income rose in every term of Thatchers Government and fell during every term of the New Labour Government. So Blair advising Starmer is not looking good chaps... Oh fuck me; did you even read the chart? Income did NOT fall under New Labour. The rate of increase slowed.
exactly - things got better under Thatcher and worse under Labour.  |
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Post by sheepy on Jun 21, 2024 22:35:28 GMT
Labour drafts options for wealth taxes to ‘unlock’ funds for public services...... The Labour party has been drawing up options for how it could raise money through extra wealth taxes to help rebuild Britain’s public services if it wins the general election, according to sources who have spoken to the Guardian. The proposals under consideration include increases in capital gains tax (CGT), first revealed by the Guardian two weeks ago, that could raise £8bn.
Just to give it some perspective that wouldn't actually equate to one months government debt interest payments, so the chances of it improving public services is nil. It is much more likely that it is swallowed up in some financial black hole. |
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Post by Pacifico on Jun 22, 2024 6:46:32 GMT
Labour drafts options for wealth taxes to ‘unlock’ funds for public services...... The Labour party has been drawing up options for how it could raise money through extra wealth taxes to help rebuild Britain’s public services if it wins the general election, according to sources who have spoken to the Guardian. The proposals under consideration include increases in capital gains tax (CGT), first revealed by the Guardian two weeks ago, that could raise £8bn.
Just to give it some perspective that wouldn't actually equate to one months government debt interest payments, so the chances of it improving public services is nil. It is much more likely that it is swallowed up in some financial black hole.Or more handouts - Britain now spends just over £25bn per month on welfare. |
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