Current Affairs The Labour Party

[neil999]

They will have "diddly squat" if you believed them.

Jeremy Clarkson blasted as hypocrite after angry rant over farmer tax increase

He's fuming.

metro.co.uk

Honestly...I have no doubt farming is hard work, but honestly you'd think they were living in some kind of hellscape and they are doing it all out of the goodness of their hearts to feed us all

 

[NilSatisOptimum]

Calling him a farmer is bit of stretch.
Buying 1000 acres of the Cotswolds prime farming land and paying other people to run it while you run around making good television doesn't make you a farmer in my book

Indeed, much of it is a tax fiddle.
Live these days in rural Powys, every year we have "toy farmers" coming to the area to hide their monies by buying up land...

 

[Hackbread]

Indeed, much of it is a tax fiddle.
Live these days in rural Powys, every year we have "toy farmers" coming to the area to hide their monies by buying up land...

Yeah, and those exact types are what price out the locals from being able to live and work on the land
I mean that's what's happening in over here In Ceredigion.
To many farms I see being bought up by people with no interest in farming.
Changing into some pricey glamping venture and then changing the farms name to something stupid like 'happy donkey hill'

 

[davek]

It’s interesting how Labour and few predicted are the most radical government we’ve seen since Attlee in terms of wealth redistribution particularly. What I find fascinating is how so many advocating for wealth redistribution don’t actually like it when it happens. ‘Oh not those wealthy people".

I have long believed and yes, Blair once mooted that every tax rise or new tax scheme is massively popular among the middle classes and the left until it actually is put into practice and effects the individual . And suddenly people don’t like it so much at all.

Higher taxes to cope with ageing populations I’m not really sure what choice we have. The Tories dodged this for 14 years. I don’t think any tax is victimless. However, most know for ages now ages we need to fund our public services properly and this is always going to be the trade off.

Stopped reading there.

 

[davek]

Reeves is having a bad morning in front of the cameras attempting to explain herself:

So there you have it, the chancellor has acknowledged that workers will likely end up paying for some of those big hikes to National Insurance by employers.

What it could mean is that wages will not rise as quickly as they may have done without the measure.

So one year, you might get a 2.5% pay rise, the next a 2% increase then a 1% bump.

The Conservatives cut workers' National Insurance twice, the most recent of which was a pre-election giveaway. In total, that cost around £20bn a year.

Now Labour are increasing National Insurance for businesses to raise around £25bn.

The Bank of England's former governor Meryn King has said that Labour should have been upfront about workers' taxes from the get-go. Labour pledged not to raise workers' taxes in its manifesto.

He criticised the Tories for cutting National Insurance in the first place given the pressures on the public finances. But he said: "Honestly, I think that would be much better now just to say to people 'this is where we are', be completely straight with people. Say 'we made that pledge in the heat of an electoral battle, it was a mistake, we regret it and we're going to unwind it'."

 

[Xizor]

Reeves is having a bad morning in front of the cameras attempting to explain herself:

Where's that quoted passage come from?

 

[davek]

Where's that quoted passage come from?

The BBC.

 

[davek]

...that's because the point of the giveaways yesterday was to stuff cash into the pocket of private developers in the NHS, housing and transport infrastructure and the tax rises to pay for it will eventually be passed onto workers and the there'll also be an attack on welfare spending.

No wonder the markets didn't revolt and the IMF gave the Starmer Gang a thumbs up.

Yesterday was Red Toryism in practice.

 

[Yarrgh]

Better than shooting me ...... The big crux is frozen tax bands IMO will hit the low page worker .... notice they will lift them in their last year of this term ....

Yes - a very under remarked upon fact. If they think they are a one term government then let the fiscal drag expire and pillory the next mob in or take the hit and do it themselves if they get in again.

It's the smart move politically. The right or wrong of it be damned, at least it's a gradual erosion of of money from the poorer members of working society rather than a sudden shock.

 

[Rita_Poon]

£7.70 a pint in Edinburgh. How are the Scots allegedly big boozers? Business owner moaning about employer NI wiping out their profit completely.

 

[Joey66]

Honestly...I have no doubt farming is hard work, but honestly you'd think they were living in some kind of hellscape and they are doing it all out of the goodness of their hearts to feed us all

Rich people have been buying farmland since t the 1980s = Gentleman farmers to avoid inheritance tac for their family - Reeves has now stopped this perk - Dyson took his industries abroad has purchased millions of acres of farmland in the UK to do the same thing - the only downside of this we need farms to produce our food -

When I did My Management course in 1983 - the then biggest voice in parliament were the gentlemen rich landowners .....

A very brave move by Labour .....

 

[neil999]

Rich people have been buying farmland since t the 1980s = Gentleman farmers to avoid inheritance tac for their family - Reeves has now stopped this perk - Dyson took his industries abroad has purchased millions of acres of farmland in the UK to do the same thing - the only downside of this we need farms to produce our food -

When I did My Management course in 1983 - the then biggest voice in parliament were the gentlemen rich landowners .....

A very brave move by Labour .....

YES JOEY....not much of a risk as they will never vote Labour...when the average person hears that farmers will get taxed on property over a million quid I don't think there will be much sympathy

 

[peteblue]

Honestly...I have no doubt farming is hard work, but honestly you'd think they were living in some kind of hellscape and they are doing it all out of the goodness of their hearts to feed us all

A mate owns one of the farms surrounding our village, he works a minimum of 12 hours a day every day. They are a strange breed farmers but I would never underestimate the work they put in…..

 

[neil999]

A mate owns one of the farms surrounding our village, he works a minimum of 12 hours a day every day. They are a strange breed farmers but I would never underestimate the work they put in…..

I agree they work hard..so do lots of people/Jobs

 

[peteblue]

Private sector pay will be cut back while public sector pay goes up. Prices will rise across the board. Lowering the NI threshold from £9k to £5k is a real kick in the teeth for the hospitality industry and together with increased minimum wages will result in many pubs, restaurants and small businesses going to the wall or putting up prices and reducing staff….