Originally Posted by Damien (Post 36182102)

The best thing about a Labour Government is the people who suddenly care about benefits being cut. They're right of course but it would have been good to have their support when it was literally every other sector of society being targetted.

Originally Posted by denphone (Post 36182095)

With a £22 billion financial black hole that the previous government left the new incumbents, hard choices have to be made and the Tories would have had the same hard choices if they had retained power.

Originally Posted by denphone (Post 36182095)

With a £22 billion financial black hole that the previous government left the new incumbents, hard choices have to be made and the Tories would have had the same hard choices if they had retained power.

Originally Posted by Mr K (Post 36182142)

Time for the idle rich to shell out.

Originally Posted by Escapee (Post 36182169)

But they won't, they will start with the easy targets!

The first will be on money earned via PAYE, it's the only source of income they are guaranteed to collect. The first target will most likely be pension tax relief, with think-tanks saying it costs a lot of money. (That always gets me, the left seem to think it's free money being given to others but not them)

I also suspect that pay per mile and free parking provided by an employer could be potential targets, anything that hit those who work.

They may not touch employee tax or NI, but it will likely be employers NI that will increase. Corporation tax is another likely area that they will target, the knock on will be stagnation of wages except for those working for their unions.



There are too many Labour MPs with property portfolios to hit landlords, they will need private landlords to house all the immigrants that are going to get amnesties and the ones he will agree to take from the EU, unless of course Angela meets her house building target.

They won't be chasing unicorn tax from the rich, it will be the easy targets that get clobbered.

Originally Posted by Escapee (Post 36182169)

But they won't, they will start with the easy targets!

The first will be on money earned via PAYE, it's the only source of income they are guaranteed to collect. The first target will most likely be pension tax relief, with think-tanks saying it costs a lot of money. (That always gets me, the left seem to think it's free money being given to others but not them)

I also suspect that pay per mile and free parking provided by an employer could be potential targets, anything that hit those who work.

They may not touch employee tax or NI, but it will likely be employers NI that will increase. Corporation tax is another likely area that they will target, the knock on will be stagnation of wages except for those working for their unions.

There are too many Labour MPs with property portfolios to hit landlords, they will need private landlords to house all the immigrants that are going to get amnesties and the ones he will agree to take from the EU, unless of course Angela meets her house building target.

They won't be chasing unicorn tax from the rich, it will be the easy targets that get clobbered.

Originally Posted by Pierre (Post 36182179)

Looks Capital Gains is going to cop it.

There’s already a risk associated with investing.

So you invest your cash, and if you invest it wisely they’ll take more off you.

So if you invest it and lose it all, I doubt they’ll come and compensate you.

So then less people will be inclined to invest in the economy………….genius. There’s a policy for growth right there!

Originally Posted by papa smurf (Post 36182182)

i wouldn't invest a penny in this country all you get in return is fleeced.
labour are all about the politics of envy.

Originally Posted by Paul (Post 36182175)

Another easy target is the Tax Free Allowances, freeze them for even longer.

Of course, if you're getting a 20% or more payrise, you might not notice so much.

Originally Posted by Chris (Post 36182172)

All I’ll say at this point is that I seriously doubt that any non-traditional Labour voter gave Starmer their vote this year thinking that Labour wouldn’t put taxes up.

Originally Posted by Escapee (Post 36182192)

The 20% payrise is unlikely to be the end to it, once they see that the tax increases have eroded what they were expecting to have in their pocket, they will be asking for more.

Originally Posted by Escapee (Post 36182192)

I must admit that I have been having a good laugh about the fuel allowance, because the pensioner friends I have that are complaining the most about it are traditional Labour voters.

Originally Posted by Escapee (Post 36182192)

The 20% payrise is unlikely to be the end to it, once they see that the tax increases have eroded what they were expecting to have in their pocket, they will be asking for more.