Current Affairs The Conservative Party

[peteblue]

110bn taken out the public's coffers, while they impose austerity on the masses, it's classic Tory and it's disgusting they get away with it.

Any chance of listing this austerity......

 

[peteblue]

Perhaps noone should be surprised by this given that (a) Maidenhead has always returned a Tory MP and (b) that it has been represented for the past 21 years by Theresa May.

Are you suggesting that crime is less in Tory represented areas then.... actually you are right, Labour is the party of crime........

 

[Jebus_lives]

Are you suggesting that crime is less in Tory represented areas then.... actually you are right, Labour is the party of crime........

This.....doesn't....make.....sense...Pete

 

[Eggs]

..I call theirs; “I’m alright, Jack” politics.

 

[MarkK1988]

i read earlier today that a baby died sleeping in a car overnight two days ago as her parents had been made homeless, in 2018 its incredible that happens.

 

[Bruce Wayne]

i read earlier today that a baby died sleeping in a car overnight two days ago as her parents had been made homeless, in 2018 its incredible that happens.

I'm not sure that would happen as there are very clear processes in place whenever there is a child involved. That sounds more like a (tragic) glitch in the system rather than something more systemic.

 

[MarkK1988]

https://www.bournemouthecho.co.uk/n...-who-slept-in-car-with-homeless-parents-dies/

 

[orchard]

https://www.bournemouthecho.co.uk/n...-who-slept-in-car-with-homeless-parents-dies/

IS that another case mate, as it seems to be 2015?

 

[MarkK1988]

IS that another case mate, as it seems to be 2015?

yeah only saw it this morning, someone tweeted it as if it was news. turned out it happened a few years ago upon further reading.

twitter for ya

 

[OnlyBlueWillDo]

Any chance of listing this austerity......

The Tories have handed big business a tax cut worth £110 billion while implementing austerity policies that left communities in “catastrophe”, Labour has claimed.

The opposition accused the Conservatives of creating a “bonanza for big business” after a new analysis of official figures - seen by HuffPost UK - revealed that cuts to corporation tax set out in the 2010 summer budget led to tax losses to the Treasury worth tens of billions of pounds.

Ahead of the eight year anniversary of the budget, Labour said the decision to reduce corporation tax to 24% over five years - and cut the small profits rate to 20% - cost the equivalent of £12 billion in tax receipts between 2010 and 2015.

Meanwhile, further tax cuts have since boosted the corporation tax giveaway to £47 billion, with the figure expected to hit £110 billion by 2022.

Shadow chancellor John McDonnell said: “The Tories, aided and abetted for years by the Liberal Democrats, have handed out billions of pounds in tax giveaways, while slashing funding for our vital public services.”

 

[Bruce Wayne]

The Tories have handed big business a tax cut worth £110 billion while implementing austerity policies that left communities in “catastrophe”, Labour has claimed.

The opposition accused the Conservatives of creating a “bonanza for big business” after a new analysis of official figures - seen by HuffPost UK - revealed that cuts to corporation tax set out in the 2010 summer budget led to tax losses to the Treasury worth tens of billions of pounds.

Ahead of the eight year anniversary of the budget, Labour said the decision to reduce corporation tax to 24% over five years - and cut the small profits rate to 20% - cost the equivalent of £12 billion in tax receipts between 2010 and 2015.

Meanwhile, further tax cuts have since boosted the corporation tax giveaway to £47 billion, with the figure expected to hit £110 billion by 2022.

Shadow chancellor John McDonnell said: “The Tories, aided and abetted for years by the Liberal Democrats, have handed out billions of pounds in tax giveaways, while slashing funding for our vital public services.”

Overall tax revenues have increased significantly since 2010. When you consider that throughout that time (as through much of the past 50 years) the government has spent more than its raised, it seems that something in your post isn't right somewhere. In reality, I suspect businesses are paying less of their income in tax, but government is clawing back money from job related taxes and indirect taxes that stem from consumer spending.

As I said before, it's two approaches to the same thing. Labour borrow money to spend it on stuff (stimulus) in the hope that this will create jobs and the books will be balanced. The Tories reduce business taxes in the hope that this will create jobs and the books will be balanced.

 

[summerisle]

Tory sport's minister Tracy Crouch (no, me neither) resigns due to delays on changes to betting machines.

https://www.bbc.co.uk/news/uk-politics-46057548

 

[OnlyBlueWillDo]

Overall tax revenues have increased significantly since 2010. When you consider that throughout that time (as through much of the past 50 years) the government has spent more than its raised, it seems that something in your post isn't right somewhere. In reality, I suspect businesses are paying less of their income in tax, but government is clawing back money from job related taxes and indirect taxes that stem from consumer spending.

As I said before, it's two approaches to the same thing. Labour borrow money to spend it on stuff (stimulus) in the hope that this will create jobs and the books will be balanced. The Tories reduce business taxes in the hope that this will create jobs and the books will be balanced.

Tax revenues have grown through the rise of the internet and the revenues it has created, not through Tory tax policies.

Osbourne cut taxes for the top 10% earners and slashed corp taxes by billions, and the trend has continued since he left, while the general public have suffered under 8 years of public spending cuts, more people visiting food banks, more people homeless, UC, parents receiving begging letters to help prop up School finances, while we see record fat cat bonuses because the companies they run have received massive tax cuts.

Only a Tory voter would attempt to try and defend it, it's absolutely disgusting what they've got away with over the last 8 years, leave Corp tax at the rate Labour had it and there is no austerity.

Remember all these cuts where so we could balance the books by 2016, which was the Tory plan, which failed miserably, now it's been pushed back to 2022, and it will be pushed back again if we are unfortunate enough for them to still be in power by then.

 

[peteblue]

The Tories have handed big business a tax cut worth £110 billion while implementing austerity policies that left communities in “catastrophe”, Labour has claimed.

The opposition accused the Conservatives of creating a “bonanza for big business” after a new analysis of official figures - seen by HuffPost UK - revealed that cuts to corporation tax set out in the 2010 summer budget led to tax losses to the Treasury worth tens of billions of pounds.

Ahead of the eight year anniversary of the budget, Labour said the decision to reduce corporation tax to 24% over five years - and cut the small profits rate to 20% - cost the equivalent of £12 billion in tax receipts between 2010 and 2015.

Meanwhile, further tax cuts have since boosted the corporation tax giveaway to £47 billion, with the figure expected to hit £110 billion by 2022.

Shadow chancellor John McDonnell said: “The Tories, aided and abetted for years by the Liberal Democrats, have handed out billions of pounds in tax giveaways, while slashing funding for our vital public services.”

That all sounds very Corbyn, but back to the actual question.....any chance of listing this austerity.....

 

[Bruce Wayne]

Tax revenues have grown through the rise of the internet and the revenues it has created, not through Tory tax policies.

Osbourne cut taxes for the top 10% earners and slashed corp taxes by billions, and the trend has continued since he left, while the general public have suffered under 8 years of public spending cuts, more people visiting food banks, more people homeless, UC, parents receiving begging letters to help prop up School finances, while we see record fat cat bonuses because the companies they run have received massive tax cuts.

Only a Tory voter would attempt to try and defend it, it's absolutely disgusting what they've got away with over the last 8 years, leave Corp tax at the rate Labour had it and there is no austerity.

Remember all these cuts where so we could balance the books by 2016, which was the Tory plan, which failed miserably, now it's been pushed back to 2022, and it will be pushed back again if we are unfortunate enough for them to still be in power by then.

I thought Labour were pushing for Internet companies to pay some tax as they weren't doing so already? Now they've helped to account for the £400bn in extra revenue the government has pulled in since the Internet became a thing around 2000. It's a fairly well established economic fact that the headline tax rate can go down, and tax revenues go up, both because it creates more of the thing you wish to tax, and fewer people seek to avoid paying it. As far as the private sector go, they can also employ people, thus contributing national insurance, income tax and so on, and it's perhaps reasonable to suggest that if they're feeling flush then they will employ more people. It's perhaps worth considering that despite the biggest recession in 100 years, unemployment rates reached nowhere near the levels of the 1920s.

You could, and probably will, argue that they're 'bad' jobs, but it's also perhaps worth pointing out that tax as a proportion of GDP hasn't changed much over the past decade. What changed was the GDP shrunk after the recession. Arguments over whether it was right or wrong can only really be done if we have a comparable country who adopted your chosen strategy and achieved markedly different outcomes. France might be a good example, as their government spend a lot more as a % of GDP than Britain does, but I'm not sure their social outcomes are that different. Maybe they are and you can point to that.