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Post by patman post on May 22, 2024 11:23:34 GMT
no my point is in 2008 we had the world recession. And that it obviously hit the poor harder then the rich. Not really - the rich lost massively through the collapse in the stock markets, whereas the poorest in society on welfare saw no change in their income. Income inequality fell during the financial crisis. That's a bit like pointing out that a benefit of Covid was that it cleared the shelves of many elderly!
A good thing about a Labour win would be that it would clear out the useless Johnson acolytes and worshippers. His inaction and lack of strategy to fight Covid resulted in “tens of thousands of deaths” which could have been avoided.
The Johnson government lacked urgency or direction. In December 2019 and January 2020, when TV showed Italian hospitals overflowing with Covid cases, it was not taken seriously. Up until mid-March 2020, the hare-brained plan was to pursue herd immunity and Chicken Pox parties. A lockdown at this stage could have saved tens of thousands of lives and avoided the suffering of more than a million people living with long Covid.
Will any Covid Inquiry remarks and observations be released before the election...?
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Post by ProVeritas on May 22, 2024 11:29:26 GMT
no my point is in 2008 we had the world recession. And that it obviously hit the poor harder then the rich. Not really - the rich lost massively through the collapse in the stock markets, whereas the poorest in society on welfare saw no change in their income. Income inequality fell during the financial crisis.It was only a short-term 3 year blip though. By 2011 the the trajectory of income equality was back on track. Of course, it was fair that the rich who lost money on the stock-market did so, they had excess money to waste on gambling, they lost it. I am sure most people wouldn't give a damn if the John Scrote from the local council estate lost £20 on the 1pm race at Chepstow, so why should they give a damn when Rupert Bigwig loses it on the stock-market? If you can't afford to lose it you shouldn't gamble it in the first place.
All The Best Attachments:
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Post by ratcliff on May 22, 2024 11:30:12 GMT
Indeed, what's your supposed solution? Stop mass immigration which keeps shop floor pay down and rents up. Encourage people not to rely on benefits, which will be difficult because these days under this nasty far right Tory government it's too easy to live on benefits. Please £11 billion a month, don't tell me I'm wrong. Should welfare spongers' income (all handouts including housing benefit) not be treated like ''normal'' workers' income? ie given a £12.5k personal allowance and taxed as income at standard income tax rates over that amount OAP pension is taxable , why not benefit handouts?
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Post by ProVeritas on May 22, 2024 11:48:34 GMT
Stop mass immigration which keeps shop floor pay down and rents up. Encourage people not to rely on benefits, which will be difficult because these days under this nasty far right Tory government it's too easy to live on benefits. Please £11 billion a month, don't tell me I'm wrong. Should welfare spongers' income (all handouts including housing benefit) not be treated like ''normal'' workers' income? ie given a £12.5k personal allowance and taxed as income at standard income tax rates over that amount OAP pension is taxable , why not benefit handouts? Well, the government sets the Minimum Wage at £11.44 / hour. Times that by 35 (typical working week) and then 52 (weeks in year) and you get £20,821,80. It is utterly stupid to have the Tax Threshold below that, because then people are forced to live on less than the minimum mandated wage. Pensions should be exempt from Tax anyway, you paid Income Tax as your earned it, it shouldn't be subject to Income Tax again IMO. The Government needs to incentivise people to save for their own retirement, taxing it twice does the opposite. Of course, there'd be no need to tax anything twice, and most things could see reduced taxation, if all the loopholes that allow the really rich to pay lesser % of tax than someone on NMW were abolished. But as those that set our Tax Laws would almost certainly be caught out by that it will never happen. Increasing taxes on static and hoarded wealth would also help, increasing investment and job creation, and leading to less people needing benefits. All The Best
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Post by Red Rackham on May 22, 2024 11:56:16 GMT
Stop mass immigration which keeps shop floor pay down and rents up. Encourage people not to rely on benefits, which will be difficult because these days under this nasty far right Tory government it's too easy to live on benefits. Please £11 billion a month, don't tell me I'm wrong. Should welfare spongers' income (all handouts including housing benefit) not be treated like ''normal'' workers' income? ie given a £12.5k personal allowance and taxed as income at standard income tax rates over that amount OAP pension is taxable , why not benefit handouts? An interesting thought, but even suggesting it would have 22.6 million benefit claimants and Labour MP's apoplectic with rage.
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Post by The Squeezed Middle on May 22, 2024 11:56:35 GMT
Well, the government sets the Minimum Wage at £11.44 / hour. Times that by 35 (typical working week) and then 52 (weeks in year) and you get £20,821,80. It is utterly stupid to have the Tax Threshold below that, because then people are forced to live on less than the minimum mandated wage I agree. Pensions should be exempt from Tax anyway, you paid Income Tax as your earned it, it shouldn't be subject to Income Tax again IMO. The Government needs to incentivise people to save for their own retirement, taxing it twice does the opposite... Pension contributions are already tax free - ie you don't pay tax on the money that you put into your pension. I quite agree on the Old Age Pension though which has already been paid for through tax. Of course, there'd be no need to tax anything twice, and most things could see reduced taxation, if all the loopholes that allow the really rich to pay lesser % of tax than someone on NMW were abolished. But as those that set our Tax Laws would almost certainly be caught out by that it will never happen. Increasing taxes on static and hoarded wealth would also help, increasing investment and job creation, and leading to less people needing benefits. I really can't see how that would work in practice. Even if it were desirable, which I'm again not sure that it is. Which is probably why they don't already do it.
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Post by patman post on May 22, 2024 11:58:24 GMT
Perhaps if the Tory press and social media had stopped bleating about the luxurious life handed out to immigrants and asylum seekers by the UK we might have found that more remained in countries like France, Germany the Netherlands, etc, which each treat (the greater number of) immigrants they take better than the UK does...
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Post by The Squeezed Middle on May 22, 2024 12:00:54 GMT
Perhaps if the Tory press and social media had stopped bleating about the luxurious life handed out to immigrants and asylum seekers by the UK we might have found that more remained in countries like France, Germany the Netherlands, etc, which each treat (the greater number of) immigrants they take better than the UK does... And long may it continue.
Hurrah and Huzzah for the EU.
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Post by ratcliff on May 22, 2024 12:11:06 GMT
Not really - the rich lost massively through the collapse in the stock markets, whereas the poorest in society on welfare saw no change in their income. Income inequality fell during the financial crisis.It was only a short-term 3 year blip though. By 2011 the the trajectory of income equality was back on track. Of course, it was fair that the rich who lost money on the stock-market did so, they had excess money to waste on gambling, they lost it. I am sure most people wouldn't give a damn if the John Scrote from the local council estate lost £20 on the 1pm race at Chepstow, so why should they give a damn when Rupert Bigwig loses it on the stock-market? If you can't afford to lose it you shouldn't gamble it in the first place.
All The Best Of course, it was fair that the rich who lost money on the stock-market did so, they had excess money to waste on gambling, they lost it.
I am sure most people wouldn't give a damn if the John Scrote from the local council estate lost £20 on the 1pm race at Chepstow, so why should they give a damn when Rupert Bigwig loses it on the stock-market?Everyone who has a private pension and every ordinary worker is enrolled by law in a workplace pension which is invested in the stock market. How vile that you should celebrate financial losses of ordinary workers www.gov.uk/workplace-pensions/joining-a-workplace-pension#:~:text=Your%20employer%20must%20automatically%20enrol,least%20%C2%A310%2C000%20per%20year
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Post by happyhornet on May 22, 2024 12:11:15 GMT
I don't think pitying them will bring them round to your way of thinking either. Try listening to and respecting them. Respect is earned hh. I havent seen any of the wankers yet who have earned respect. People who work hard, make a contribution, keep their noses clean and look after their families have my respect regardless of who they vote for. But you do you.
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Post by Deleted on May 22, 2024 12:15:11 GMT
Respect is earned hh. I havent seen any of the wankers yet who have earned respect. People who work hard, make a contribution, keep their noses clean and look after their families have my respect regardless of who they vote for. But you do you. Why respect people who live a decent conservative lifestyle but are so dumb that they would vote Labour? Labour will only rob them blind and brainwash their kids.
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Post by ratcliff on May 22, 2024 12:16:15 GMT
Should welfare spongers' income (all handouts including housing benefit) not be treated like ''normal'' workers' income? ie given a £12.5k personal allowance and taxed as income at standard income tax rates over that amount OAP pension is taxable , why not benefit handouts? An interesting thought, but even suggesting it would have 22.6 million benefit claimants and Labour MP's apoplectic with rage. I agree , but income is income and if ''taxes must rise'' to pay for public spending (sic - I dont agree - public spending should be drastically cut) then in the interess of fairness then all income sources should be taxable at normal income tax rates . Why should those who sponge get off scott free ?
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Post by Red Rackham on May 22, 2024 12:20:20 GMT
An interesting thought, but even suggesting it would have 22.6 million benefit claimants and Labour MP's apoplectic with rage. I agree , but income is income and if ''taxes must rise'' to pay for public spending (sic - I dont agree - public spending should be drastically cut) then in the interess of fairness then all income sources should be taxable at normal income tax rates . Why should those who sponge get off scott free ? I couldn't agree more. We both know taxing benefits is not going to happen, but I absolutely agree with your comments.
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Post by patman post on May 22, 2024 12:25:20 GMT
Perhaps if the Tory press and social media had stopped bleating about the luxurious life handed out to immigrants and asylum seekers by the UK we might have found that more remained in countries like France, Germany the Netherlands, etc, which each treat (the greater number of) immigrants they take better than the UK does... And long may it continue.
Hurrah and Huzzah for the EU. I agree. The UK is having more people trafficked in than should be the case.
But while the government fails to deal with the problem — even though it's no longer got the excuse of being hampered by EU directives and legislation — GB News viewers and Mail and Murdoch readers are portraying the UK as a land of freebies ready for the taking.
I bet there's many people suffering in broken Britain who wish it was so...
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Post by jonksy on May 22, 2024 12:28:57 GMT
Respect is earned hh. I havent seen any of the wankers yet who have earned respect. People who work hard, make a contribution, keep their noses clean and look after their families have my respect regardless of who they vote for. But you do you. I don't respect the wankers who come here on rubber boats with their hands outstreched thinking it is their right for the UK to keep a roof over their heads along with being fed and watered at the taxpayers expense...hh so how about you?
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