Current Affairs The Labour Party

[peteblue]

Loooooooooooooooooooooooooooooooool

Blair, Brown, Cameron, May, Johnson, Truss, Sunak, Starmer…since it’s introduction it’s only been withdrawn by one PM, you guys just hate to admit the guy you voted for did it……

 

[Prevenger17]

Blair, Brown, Cameron, May, Johnson, Truss, Sunak, Starmer…since it’s introduction it’s only been withdrawn by one PM, you guys just hate to admit the guy you voted for did it……

I didn't vote for anyone, I live in Ireland. I was just Lolling at the idea that you would criticise Boris if he did it. Anyone with a passing knowledge of your posting history is probably pissing themselves at that notion

 

[peteblue]

When the Tories were cutting public expenditure and benefits you were saying it wasn’t even real austerity and was a necessity and now Labour have done this you’re all of a sudden concerned.

Not particularly a fan of this policy but if you’re going to attack Labour on here you’ll need another angle.

Previous cuts and taxes affected everyone. Of all of the things Labour could have had a go at, to attack the pensioners in her first speech in order to give pay rises to people who earn a wage in the public sector is indefensible……

 

[JimmyJeffers]

Previous cuts and taxes affected everyone.

 

[peteblue]

I didn't vote for anyone, I live in Ireland. I was just Lolling at the idea that you would criticise Boris if he did it. Anyone with a passing knowledge of your passing history is probably pissing themselves at that notion

But he didn’t did he…

 

[Prevenger17]

But he didn’t did he…

No, but if he did you would have called it a masterful and frugal act, and then pointed to some cut Labour made back in 1902 followed by a load of ellipses.

 

[Jebus_lives]

Try looking at the post immediately above both of your posts…you may wish to offer an apology…..

Save the pearl clutching Pete. Reserve the shame for yourself, applauding a poisonous Tory government for the last 14 years.

 

[Rita_Poon]

life’s too short…..

it is when it's subzero or some bar.stud has sold someone else some automatic weapons to use with impunity eh eh eh!?!?!?

 

[Hinchcliffe's Corner]

Heads gone over a fiver a week.

 

[ArtetaMoney]

Heads gone over a fiver a week.

They’re great the Tory supporters - stay silent when all our bills are going through the roof, but take a fiver a week off pensioners and Labour are the worst ever.

Labour could have kept the £300 a year allowance in place if they hadn’t gave all that money away to their mates.

 

[Rita_Poon]

They’re great the Tory supporters - stay silent when all our bills are going through the roof, but take a fiver a week off pensioners and Labour are the worst ever.

reclaim a gifted fiver a week from the wealthiest*

 

[Number_25]

I don't like @peteblue's political leaning, but this is going to push many into fuel poverty. I've never voted Tory, and I think this is a bad policy.

We had people coming into our hospitals with extreme hypothermia last winter. We should be doing more to help the poorest pensioners.

Here are some estimated costings for various tax changes that could potentially cover the £26 billion spending shortfall the party has inherited.

Income Tax Increases

Additional Rate Increase: Increasing the additional rate of income tax from 45% to 50%.
Estimated Revenue: £2-3 billion annually.

National Insurance Contributions (NIC) Adjustments

Employer NICs Increase: Raising the employer NIC rate by 1%.
Estimated Revenue: £5-6 billion annually.
Self-Employed NICs Alignment: Aligning NICs for the self-employed with employees.
Estimated Revenue: £2-3 billion annually.

3. Capital Gains Tax (CGT) Reforms

Aligning CGT Rates with Income Tax Rates: Increasing CGT rates to match income tax rates.
Estimated Revenue: £3-4 billion annually.
Reducing Exemptions: Lowering the annual CGT exemption amount.
Estimated Revenue: £1 billion annually.

4. Corporation Tax Increases

Raising the Corporation Tax Rate by 2%: Increasing the corporation tax rate from 19% to 21%.
Estimated Revenue: £6-7 billion annually.
Reducing Allowances and Reliefs: Tightening tax reliefs and allowances.
Estimated Revenue: £2 billion annually.

5. VAT Adjustments

Increase Standard Rate to 22%: Raising the standard rate of VAT from 20% to 22%.
Estimated Revenue: £12-14 billion annually.
Broadening the VAT Base: Reducing exemptions and zero-rated items.
Estimated Revenue: £3-4 billion annually.

6. Wealth Taxes

Wealth Tax: Implementing a 1% wealth tax on assets above £10 million.
Estimated Revenue: £3-5 billion annually.
Inheritance Tax (IHT) Increase: Increasing IHT rates or reducing the nil-rate band.
Estimated Revenue: £1-2 billion annually.

7. Environmental Taxes

Carbon Tax: Introducing or increasing taxes on carbon emissions.
Estimated Revenue: £2-3 billion annually.
Plastic Tax: Expanding plastic taxes.
Estimated Revenue: £0.5-1 billion annually.

8. Property Taxes

Council Tax Reform: Revaluating properties and adjusting council tax bands.
Estimated Revenue: £2-3 billion annually.
Stamp Duty Land Tax (SDLT) Increase: Increasing rates on higher-value properties.
Estimated Revenue: £1-2 billion annually.

9. Sin Taxes

Alcohol and Tobacco Duties: Increasing duties on alcohol and tobacco products.
Estimated Revenue: £1-2 billion annually.
Sugar Tax: Expanding or increasing the sugar tax.
Estimated Revenue: £0.5-1 billion annually.

10. Digital Services Tax

Expand Scope and Rate: Increasing the digital services tax rate and expanding its scope.
Estimated Revenue: £1-2 billion annually.

 

[peteblue]

Save the pearl clutching Pete. Reserve the shame for yourself, applauding a poisonous Tory government for the last 14 years.

You really are the most selfish, insensitive idiot in here..,no offence like….

 

[Rita_Poon]

Unlucky Jeebs, his majesty has spoken.

 

[peteblue]

Unlucky Jeebs, his majesty has spoken.

And fully deserved….