The Chronicles of Rishi

[mrmistoffelees]

Originally Posted by Sephiroth

Well, I must give you credit for attempting to answer the question you put to me. What you've done is provide a quantitative answer, while mine was 'qualitative'. (In other words you did better than me!)

The article is 7 years old, so perhaps £100K would be more realistic than £70K. But the true point of the article is that whoever is considered by Labour to be rich must be asked to pay more in tax. Btw, with the average salary being c. £36K/annum, I suspect that most Labour supporters would stick with £70K or even lower.

On your red wall point, yes you're right.

But that’s no different to what happens now

0%
20%
40%
40% + loss of tax free allowance & a required self assessment
45% & a required self assessment



The wealthier pay more, and if the argument is that labour would lower the point at which people would move into a higher tax bracket, haven’t the tories already done this ? Not only at PAYE but also at capital gains ?

[ianch99]

Originally Posted by mrmistoffelees

But that’s no different to what happens now

0%
20%
40%
40% + loss of tax free allowance & a required self assessment
45% & a required self assessment



The wealthier pay more, and if the argument is that labour would lower the point at which people would move into a higher tax bracket, haven’t the tories already done this ? Not only at PAYE but also at capital gains ?

It has been the Tories who frozen the thresholds, sliding more people into the higher tax bands. It is under the Tories that the UK's current tax level burden is the highest rate on record, according to the OEC.

We have the highest tax burden and at the same time, the nation's infrastructure & services are dire. That is why the Tories are doomed.

[mrmistoffelees]

Originally Posted by ianch99

It has been the Tories who frozen the thresholds, sliding more people into the higher tax bands. It is under the Tories that the UK's current tax level burden is the highest rate on record, according to the OEC.

We have the highest tax burden and at the same time, the nation's infrastructure & services are dire. That is why the Tories are doomed.

Correct….

The Tory mismanagement of public finances has been and is still a farce to suggest that Labour could do worse is quite frankly hysterical and a desperate attempt to deflect from the utter incompetence that we’ve been forced to endure

[Sephiroth]

Originally Posted by ianch99

Not really. Where have Labour defined who they "consider", as you put it, as "rich"?

<SNIP>:

I was satisfied with the YOUGOV article and John McDonnell's definition, extrapolated forward from 2017 to 2024.


---------- Post added at 21:32 ---------- Previous post was at 21:30 ----------

Originally Posted by ianch99

It has been the Tories who frozen the thresholds, sliding more people into the higher tax bands. It is under the Tories that the UK's current tax level burden is the highest rate on record, according to the OEC.

We have the highest tax burden and at the same time, the nation's infrastructure & services are dire. That is why the Tories are doomed.

That is correct.

Originally Posted by Sephiroth

Just because you disagree .....

I think a little more than just me disagree.

Not so much a sinking ship, more like an involuntary submarine…

https://www.bbc.co.uk/news/uk-politics-68509239

Former prime minister Theresa May has said she will be standing down as an MP at the next election.

In a statement, she said she had taken the "difficult decision" to vacate her Maidenhead seat after 27 years.

Championing causes close to her heart such as human trafficking and modern slavery had been taking an "increasing amount of her time", she added.

Mrs May, prime minister from 2016 to 2019, said it had been an "honour and a privilege" to serve her constituents.

She is the latest in a long line of Tory MPs who have announced their decision to leave the Commons, including former ministers Dominic Raab, Chris Grayling, Ben Wallace, Sajid Javid and George Eustice.

That makes it 59 Conservative MPs standing down (so far).

[Mr K]

Originally Posted by Hugh

Not so much a sinking ship, more like an involuntary submarine…

https://www.bbc.co.uk/news/uk-politics-68509239

That makes it 59 Conservative MPs standing down (so far).

There might be a few hundred 'standing down', whether they like it or not.

[1andrew1]

More mess for Starmer to inherit. Wonder why we've got a weak Pound?

UK has no 'credible' plan to fund military equipment as multibillion-pound deficit revealed

The committee accused the Ministry of Defence of putting off painful decisions about what equipment programmes would have to be cancelled for the plan to be affordable.

The UK has no "credible" plan to buy all the weapons it needs after a huge jump in the cost of the nuclear deterrent helped to create a record funding gap, a group of MPs has warned.

Inflation and a weak pound also contributed to the hole of at least £16.9bn in a rolling, 10-year plan to get equipment for the Army, Royal Navy and Royal Air Force, the Public Accounts Committee said in a scathing report.

The actual deficit is likely to be closer to £30bn if all the capabilities required by the Army - rather than only those it can afford - are included in the costs, the MPs said on Friday.

The committee accused the Ministry of Defence (MoD) of putting off painful decisions about what equipment programmes would have to be cancelled for the plan to be affordable.

https://news.sky.com/story/uk-has-no...eport-13089653

[Russ]

Anyone else notice these Reform party gatherings all seem to look like support groups for divorced men whose wives got the house?

[1andrew1]

Originally Posted by Russ

Anyone else notice these Reform party gatherings all seem to look like support groups for divorced men whose wives got the house?

[denphone]

30p Lee Anderson defects to the Reform party.

https://www.bbc.co.uk/news/uk-politics-68532602

Mr Anderson was suspended from the Conservative Party after refusing to apologise for claims Islamists had "control" of London Mayor Sadiq Khan.

The defection ends weeks of speculation about the Ashfield MP and TV presenter's future.

Outstanding "The Matrix" reference…

[Sephiroth]

Before the 'rat leaves the sinking ship' mob chime in with their half-nonsense, 'sinking ship' = Yes; 'rat' = NO.

Anderson could have expressed himself better, but at least his eyes are open.

[mrmistoffelees]

Originally Posted by Sephiroth

Before the 'rat leaves the sinking ship' mob chime in with their half-nonsense, 'sinking ship' = Yes; 'rat' = NO.

Anderson could have expressed himself better, but at least his eyes are open.

So riddle me this then if his eyes are open and there’s such a threat to society why has counter extremism spending been cut in half ?

Btw watched the gentlemen on Netflix this weekend made me passingly think of it might be an option for you ?

[denphone]

Originally Posted by Sephiroth

Before the 'rat leaves the sinking ship' mob chime in with their half-nonsense, 'sinking ship' = Yes; 'rat' = NO.

Anderson could have expressed himself better, but at least his eyes are open.

Belonging to three political parties in 6 years suggest he is a attention seeker and has not got any strong political convictions at all.