Miliband's lost the plot

A Labour government would seek to re-introduce the 10p starting rate of tax scrapped by Gordon Brown in 2008, Ed Miliband has announced in a speech.
Mr Miliband said it was a "very bad mistake" to get rid of it and the move would send a "clear signal" his party was on the "side of working people".

Not bad ,no problem so far except i think that raising the tax threshold is more beneficial to more people but that's a matter of opinion

Then he goes and spoils it with this little jem

"We would use the money raised by a mansion tax to reintroduce a lower 10 pence starting rate of tax, with the size of the band depending on the amount raised. This would benefit 25 million basic rate taxpayers."

How on earth a mansion tax is supposed to raise about 2 billion £'s to fund the tax cut is beyond my limited economical skills any help anyone ?


http://www.bbc.co.uk/news/uk-politics-21453444

[mertle]

I agree doubt they would pay up anyway. There will be away to get around it. Remember reading a clever clog already found way if it came out to avoid it. Something about selling it renting back think it was.

Would be interesting to find out how many properties they would consider are ocupied.

To me the only way change the council tax bandings. When was they even looked at for change.

There then lies another is it will be local councils for spending not in national purse.

[Osem]

Miliband and Labour never had the plot to lose.

Did Miliband say is was a bad idea when Brown introduced it do you reckon or is it only now that it suits?

Anyway, wait a few weeks and see how many times he and Balls will 'spend' those same 'billions' too...

Originally Posted by Osem

Miliband and Labour never had the plot to lose.

Did Miliband say is was a bad idea when Brown introduced it do you reckon or is it only now that it suits?

Anyway, wait a few weeks and see how many times he and Balls will 'spend' those same 'billions' too...

Apparently Balls and Milliband raised objections in some cabinet meeting or other ,should have shouted louder imo .

This just smacks of nicking a useless Liberal idea and rehashing one that was scrapped because they can't think of anything else

[Osem]

Originally Posted by martyh

Apparently Balls and Milliband raised objections in some cabinet meeting or other ,should have shouted louder imo .

This just smacks of nicking a useless Liberal idea and rehashing one that was scrapped because they can't think of anything else

They obviously thought it was such a bad idea they'd better not make a fuss abut it or tell the people it'd affect so badly.

[Sirius]

Labour, if they get back in power they will change history so it shows them as not being the party that put us where we are now, not the party that sold all the gold, not the party who raided the pension funds, not the party who removed the 10p tax rate, not the party that put us in to 2 wars and one of them by lying. not the party who left a note for the incoming party saying they had spent all the money and finally not the party that calls its voters BIGOTS.

And ARTHUR wants them back in power GOD HELP US.

Originally Posted by Osem

They obviously thought it was such a bad idea they'd better not make a fuss abut it or tell the people it'd affect so badly.

that would be the workers and low paid .

Lets have a look at this policy ,a mansion tax punishes those who have(in a lot if not most cases) worked hard all their life ,overcome all types of hardship to build a life ,company, whatever, to afford a house that by the vagaries of the housing market and manipulation of governments is worth £2million + then labour come along and tax them on it if they sell it and he's going to rely on this revenue being consistent and high enough to fund a tax cut .Not only does it punish workers that work hard it simply will do nothing for the economy and any proposed tax cuts .The man is in cloud cuckoo land

[Sirius]

Originally Posted by martyh

that would be the workers and low paid .

Lets have a look at this policy ,a mansion tax punishes those who have(in a lot if not most cases) worked hard all their life ,overcome all types of hardship to build a life ,company, whatever, to afford a house that by the vagaries of the housing market and manipulation of governments is worth £2million + then labour come along and tax them on it if they sell it and he's going to rely on this revenue being consistent and high enough to fund a tax cut .Not only does it punish workers that work hard it simply will do nothing for the economy and any proposed tax cuts .The man is in cloud cuckoo land

Here let me fix that

Originally Posted by martyh

The man is in LABOUR cloud cuckoo land

[Osem]

Originally Posted by Sirius

Labour, if they get back in power they will change history so it shows them as not being the party that put us where we are now, not the party that sold all the gold, not the party who raided the pension funds, not the party who removed the 10p tax rate, not the party that put us in to 2 wars and one of them by lying. not the party who left a note for the incoming party saying they had spent all the money and finally not the party that calls its voters BIGOTS.

And ARTHUR wants them back in power GOD HELP US.

Yes it's as hillarious as it is sad. He's not got a word to say about any of that list or indeed the rest of their lies, spin and negligence whether it be PFI or their failure to adequately supervise the NHS or the banking system. Do you ever wonder what Labour would have to do for ArthurGray@CloudCuckooLand NOT to vote for them?

The fact is that they only ever admit they've been wrong when they're out of office and they only do it to get back into power to carry on where they left off...

Originally Posted by Sirius

Here let me fix that

worrying thing is ,and i think all Labour supporters should take note here ,is that it's taken 3 whole yrs to think this one up .
People go on about Cameron not lasting till Christmas ,Milliband won't last till next week with rubbish like that.

[Sirius]

Originally Posted by marty

worrying thing is ,and i think all Labour supporters should take note here ,is that it's taken 3 whole yrs to think this one up .
People go on about Cameron not lasting till Christmas ,Miliband won't last till next week with rubbish like that.

What does scare me is that come the election people will have forgotten what a bunch of complete idiots Labour are and bloody well vote the idiots backs in

[peanut]

Oh look it's the Sirius, Martyh and Osem thread. Oh happy days for them.

And just for a minute there, some were saying how predictable Arthur threads are....

Originally Posted by peanut

Oh look it's the Sirius, Martyh and Osem thread. Oh happy days for them.

And just for a minute there, some were saying how predictable Arthur threads are....

So how about you try to answer my question from Post #1 ,i truly am intrigued as to how it's supposed to work .I am also extremely interested in how a labour supporter can accept the glaring contradiction in Labour philosophy.

Originally Posted by martyh

So how about you try to answer my question from Post #1 ,i truly am intrigued as to how it's supposed to work .I am also extremely interested in how a labour supporter can accept the glaring contradiction in Labour philosophy.

Not sure because we don't have the numbers. I guess it is feasible at the 10p tax rate probably doesn't earn that much whereas a mansion tax could, again in theory, earn a lot per person.

I think peanut has a point btw. If this were a Cameron has lost the plot thread then some may be mocking it...

[Osem]

Originally Posted by peanut

Oh look it's the Sirius, Martyh and Osem thread. Oh happy days for them.

And just for a minute there, some were saying how predictable Arthur threads are....

Oh look another rose tinted post devoid of answers...