Current Affairs 2017 General Election
- Thread starter neil999
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just to be clear... you're still backing leave, yes?
That will attract trade from all over the world with cheap corperation tax putting it up back to where it was with a Robin Hood tax equals a disaster!
We need a centre ground Labour Party leader ot this type of outdated tried and busted solialism!
There is already a tax on shares.
"A Robin Hood Tax is a tiny tax on the financial sector that could generate billions of pounds annually to fight poverty and climate change at home and abroad. Small change for the banks - big change for those hit hardest by the financial crisis.
Also known as a Financial Transactions Tax (FTT), a Robin Hood Tax is a tiny tax of about 0.05% on transactions like stocks, bonds, foreign currency and derivatives, which could raise up to £250 billion a year globally. FTTs are well-tested, cheap to implement and hard to avoid.
In fact, there are already lots of different Robin Hood taxes implemented by many countries, including in the UK. We think there should be a lot more of them, particularly in areas not yet taxed, like transactions of bonds and derivatives.
Importantly, transaction taxes are also good in that they would reduce the number of the most risky trades, the gambling which helped to trigger the 2008 financial crisis".
The Tories reduced it from 1% to the current 0.5%, even though they said the would abolish it. The Tories were clearly making a 'political and ideological point' when they didn't get rid of it and carried on taxing 'normal people's pensions and savings'. I can't remember that causing such a hullabaloo, as there is now, when the Tories refused to get rid of it. Might be mistaken like. Or maybe like the energy cap - proposed by Labour - bad. Proposed by the Tories - good.
The Labour Party want to extend it to bonds and derivatives. The 0.5% is too small for bonds and derivatives and should be increased to at least 1%. This would raise billions and even more if they taxed more of the £1.5 trillion monetary transactions that the City of London handles.
Doubt it Joey. There will be the usual 'experts' reeled out to declare how bad it is. A bit like they did when Milliband proposed a cap on energy prices. The cryarses in the Cit of London will have choked on their caviar and spat out their champagne out at the news the money men and women will be hit.
Isn't that what Cameron and Osbourne said with Brexit?
They stated we would leave the single market, and our economy would need a hard hitting budget!
Also house prices would drop!
Read thier propaganda leaflet
Jezza said vey little
I can not vote this election it's between the devil and the deep blue sea!
The Labour manifesto is a reminder that, even amidst some of the worst political rhetoric in modern times - it's still possible for beautiful ideas to exist.
Beautiful ideas.
Cursed.
But beautiful.
Beautiful ideas.
Cursed.
But beautiful.
Absolute state of the 'like' list for this post
Big firms will not leave it is typical Tory scaremongering.
Estate agents in London are having to give cars away and agree to pay stamp duty to get sales, prices are falling.
Not gonna lie, I hate the scrapping of the current tuition fee system. I hate the tripe I've heard all day. I hate the myths being banded about. I hate the lies. I hate the regressive policy it is of making hard working taxpayers solely fund students.
The current system is as close to fair as I can think of. I'd love to hear someone's reasons why they think graduates shouldn't pay back a little bit once their education has brought them to a decent wage. I don't get why it's seen as such a shocking thing. You get the privilege of higher level education, you pay a little back once you got a good wage. If you don't make it to that income level in your lifetime you won't pay a single penny! How can a debt which you might not even pay back a penny of be crippling!!
The current system is as close to fair as I can think of. I'd love to hear someone's reasons why they think graduates shouldn't pay back a little bit once their education has brought them to a decent wage. I don't get why it's seen as such a shocking thing. You get the privilege of higher level education, you pay a little back once you got a good wage. If you don't make it to that income level in your lifetime you won't pay a single penny! How can a debt which you might not even pay back a penny of be crippling!!
GDP 33 percent with those tax rises last seen in 1940!
I don't remember the country being held to ransom. I do remember Fords holding us to ransom when they threatened to move production abroad.
Channel 4 news aero spec firm booming since the low £ took people on exports up MD stated they will move!
Just seen that on Newsnight. They said it would be 39% by the end of the parliament. It is a lie. The experts can't predict how large GDP will be in 5 minutes never mind 5 years. Claiming it would be 39% was deliberate. More scaremongering.
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