Current Affairs The Next PM is?

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I honestly don’t see how tax cuts significantly helps your average person. 20% decrease
would save someone on a 25 grand salary about £40 a month (if my maths is right) at the same time taking money away from public services.

It’s entirely the wrong conversation that needs to be had.

Tax cuts always make good soundbites and appeals most to the highest earners.
 
I honestly don’t see how tax cuts significantly helps your average person. 20% decrease
would save someone on a 25 grand salary about £40 a month (if my maths is right) at the same time taking money away from public services.

It’s entirely the wrong conversation that needs to be had.

Tax cuts always make good soundbites and appeals most to the highest earners.

On a "Vote for me", its an easy sound bite.

In reality, and many wont accept this, but sometimes, tax cuts can increase the actual tax income for HMG. For example, in the 70's, HMG earned pretty much £0.00 in income tax from the Rolling Stones or Led Zeppelin, arguably the highest grossing income bands on the planet at the time. With a total tax rate at 90% ish.

Would HMG have taken more than £0.00 if their tax rate was nearer 50%?
 
On a "Vote for me", its an easy sound bite.

In reality, and many wont accept this, but sometimes, tax cuts can increase the actual tax income for HMG. For example, in the 70's, HMG earned pretty much £0.00 in income tax from the Rolling Stones or Led Zeppelin, arguably the highest grossing income bands on the planet at the time. With a total tax rate at 90% ish.

Would HMG have taken more than £0.00 if their tax rate was nearer 50%?
I guess it depends how it is targeted? Was that because they kept their income outside of U.K. banks?
I have never had a problem paying tax. Don’t even think about it when I get paid just look at my bottom line instead. Mates who do complain about the amount of tax they pay tend to be more aligned with the right so the candidates preaching this are probably preaching to their base I guess
 
I guess it depends how it is targeted? Was that because they kept their income outside of U.K. banks?
I have never had a problem paying tax. Don’t even think about it when I get paid just look at my bottom line instead. Mates who do complain about the amount of tax they pay tend to be more aligned with the right so the candidates preaching this are probably preaching to their base I guess

The bands? Left the country for a few years. That said, it was an utterly daft tax policy at the time.

The Stones wrote Exile on Main Street, Zep, Presence, (I think) while away.

I have zero problem paying tax/NI/VAT etc etc, and over the last few years, I have deffo been in credit, so to speak.
 
It's the opening salvo to Labour, "we're going to cut taxes"
So their every move is calculated on what can be promised that the oppo is unlikely to follow.
Usually what follows is a checklist, "law and order- tougher sentencing", "build back better - buy british", "fix the roof whilst the sun shines", then the promises that go in the bin first, "first rate healthcare", "fixing social care", "a greener future, carbon neutral, leaving a healthy planet to our children".

It's just another round of the same old lies, they've bled the working poor to the point of starvation, the sick and disabled have already been buried, and there is absolutely no appetite to become embroiled with the wealthy, and the hyper rich to start coughing up more. It's all a con.
 
Some of the utterances from these leadership candidates are truly demented; they are making Sunak look like the only reasonable choice.

They aint trying to appeal to you and me. Yet.

Red meat right wingers, a broad rump of semi reasonable Tories, (there are some), then 2 will face the chicken and chips membership. After a duplicitous few weeks of promises, soundbites, and basically nothingness.
 
They aint trying to appeal to you and me. Yet.

Red meat right wingers, a broad rump of semi reasonable Tories, (there are some), then 2 will face the chicken and chips membership. After a duplicitous few weeks of promises, soundbites, and basically nothingness.

I disagree - I think this is about winning over the support of the coterie of donors that kept Johnson in power, without whose intervention he would probably have lost that no confidence motion a few weeks ago. Whoever gets them on side is going to be the favourite and they will be expected to deliver, as Johnson was (and did, for them).
 
I guess it depends how it is targeted? Was that because they kept their income outside of U.K. banks?
I have never had a problem paying tax. Don’t even think about it when I get paid just look at my bottom line instead. Mates who do complain about the amount of tax they pay tend to be more aligned with the right so the candidates preaching this are probably preaching to their base I guess

The bands? Left the country for a few years. That said, it was an utterly daft tax policy at the time.

The Stones wrote Exile on Main Street, Zep, Presence, (I think) while away.

I have zero problem paying tax/NI/VAT etc etc, and over the last few years, I have deffo been in credit, so to speak.
Aye, I've no problem paying tax, but I do want to see it has gone into improving everyone's lot. Nor funneled off to private investors and the like.
 
They aint trying to appeal to you and me. Yet.

Red meat right wingers, a broad rump of semi reasonable Tories, (there are some), then 2 will face the chicken and chips membership. After a duplicitous few weeks of promises, soundbites, and basically nothingness.

I disagree - I think this is about winning over the support of the coterie of donors that kept Johnson in power, without whose intervention he would probably have lost that no confidence motion a few weeks ago. Whoever gets them on side is going to be the favourite and they will be expected to deliver, as Johnson was (and did, for them).
It's probably both
 
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