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Poll Who you voting for in the general election

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Re: ' Poll ' Who you voting for in the General election?

Fri Jun 02, 2017 5:53 pm

ccfc97 wrote:Okay I will, Labour have promised in their manifesto that only the top 5% will have an increase in taxation. The boundary for the top 5% is actually £70,000 (my bad).

Secondly if you look into what the Land value tax actually is you would discover that it is a taxation based on the value of the land you own. For example if you live in a council house and therefore do not own your home then your 'council tax' will dissapear.


That is not true, if you live in a rented house council or private then the land tax will be included in your rent, however the rent should be cheaper as the land tax is less than council tax

Re: ' Poll ' Who you voting for in the General election?

Fri Jun 02, 2017 5:59 pm

rontom wrote:
ccfc97 wrote:Okay I will, Labour have promised in their manifesto that only the top 5% will have an increase in taxation. The boundary for the top 5% is actually £70,000 (my bad).

Secondly if you look into what the Land value tax actually is you would discover that it is a taxation based on the value of the land you own. For example if you live in a council house and therefore do not own your home then your 'council tax' will dissapear.


That is not true, if you live in a rented house council or private then the land tax will be included in your rent, however the rent should be cheaper as the land tax is less than council tax


The council tax does disappear then but the rents aren't guaranteed to rise

Re: ' Poll ' Who you voting for in the General election?

Fri Jun 02, 2017 6:45 pm

ccfc97 wrote:There figures cannot be 100% accurate that I cannot deny but those figures have been worked out by people much cleverer than myself using models and data that I don't have.



please find an independent body that agrees with Labours costed figures...which by the way keep tripping their politicians up when asked..

Re: ' Poll ' Who you voting for in the General election?

Fri Jun 02, 2017 6:52 pm

The UK`s richest 1% own more than 55% of the UK population and that was 3 years ago ... i should imagine the richest 5% own more than the other 95% .... tax them to the hilt #JC4PM https://www.theguardian.com/uk-news/201 ... population

Re: ' Poll ' Who you voting for in the General election?

Fri Jun 02, 2017 6:57 pm

Hmmm
You do not have the required permissions to view the files attached to this post.

Re: ' Poll ' Who you voting for in the General election?

Fri Jun 02, 2017 7:03 pm

https://www.theguardian.com/politics/ng ... de-details

Here's the details it's costed, these figure are an estimation based on models and data that people with Labour have

At least Labour have proved coatings to give an idea on what they are going to spend and how they are going to do it unlike the Conservatives who simply haven't bothered

Re: ' Poll ' Who you voting for in the General election?

Fri Jun 02, 2017 7:03 pm

AHERNE wrote:The UK`s richest 1% own more than 55% of the UK population and that was 3 years ago ... i should imagine the richest 5% own more than the other 95% .... tax them to the hilt #JC4PM https://www.theguardian.com/uk-news/201 ... population

Good idea, penalise people for endeavour, hard work and success. That will really encourage future generations. Personally, I am not jealous of people who have worked to reach the skies.

Re: ' Poll ' Who you voting for in the General election?

Fri Jun 02, 2017 7:05 pm

AHERNE wrote:The UK`s richest 1% own more than 55% of the UK population and that was 3 years ago ... i should imagine the richest 5% own more than the other 95% .... tax them to the hilt #JC4PM https://www.theguardian.com/uk-news/201 ... population



you have to really not give any thought what so ever to repeat this stuff.
nobody knows what i am worth.{which isnt a great deal } ..what assets i have..and how much i owe. or do they know yours..
eg Tan. how many varying amounts have you heard quoted. truth is most people dont even know their own worth let alone anybody elses worth.

without knowing its just guesses aimed at people that dont think alot.

Re: ' Poll ' Who you voting for in the General election?

Fri Jun 02, 2017 7:50 pm

Steve Zodiak wrote:
AHERNE wrote:The UK`s richest 1% own more than 55% of the UK population and that was 3 years ago ... i should imagine the richest 5% own more than the other 95% .... tax them to the hilt #JC4PM https://www.theguardian.com/uk-news/201 ... population

Good idea, penalise people for endeavour, hard work and success. That will really encourage future generations. Personally, I am not jealous of people who have worked to reach the skies.



or me.i have mates who sorta made it by having a stroke of luck after grinding it out for years. i dont begrudge them a penny. and id hate to be one of these unhappy bitter jealous begrudging socialists.

Re: ' Poll ' Who you voting for in the General election?

Fri Jun 02, 2017 9:02 pm

dogfound wrote:
Steve Zodiak wrote:
AHERNE wrote:The UK`s richest 1% own more than 55% of the UK population and that was 3 years ago ... i should imagine the richest 5% own more than the other 95% .... tax them to the hilt #JC4PM https://www.theguardian.com/uk-news/201 ... population

Good idea, penalise people for endeavour, hard work and success. That will really encourage future generations. Personally, I am not jealous of people who have worked to reach the skies.



or me.i have mates who sorta made it by having a stroke of luck after grinding it out for years. i dont begrudge them a penny. and id hate to be one of these unhappy bitter jealous begrudging socialists.

The politics of envy.

Re: ' Poll ' Who you voting for in the General election?

Fri Jun 02, 2017 9:12 pm

wez1927 wrote:Hmmm


Analysis of your two posts suggests that

GDP went up from £471billlion to £2.91trillion
Minimum Wage went up from £7.05 to £7.50

And all this in the 1 hour between your two posts.

Re: ' Poll ' Who you voting for in the General election?

Fri Jun 02, 2017 11:02 pm

Jock wrote:
dogfound wrote:
Steve Zodiak wrote:
AHERNE wrote:The UK`s richest 1% own more than 55% of the UK population and that was 3 years ago ... i should imagine the richest 5% own more than the other 95% .... tax them to the hilt #JC4PM https://www.theguardian.com/uk-news/201 ... population

Good idea, penalise people for endeavour, hard work and success. That will really encourage future generations. Personally, I am not jealous of people who have worked to reach the skies.



or me.i have mates who sorta made it by having a stroke of luck after grinding it out for years. i dont begrudge them a penny. and id hate to be one of these unhappy bitter jealous begrudging socialists.

The politics of envy.



yes this tax them to the hilt thing..you can almost feel the bitterness.
but the blokes i know who have done well then employed people directly and use local suppliers in AHERNES world you get to a certain point and think..whats the point.

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 7:29 am

Steve Zodiak wrote:
AHERNE wrote:The UK`s richest 1% own more than 55% of the UK population and that was 3 years ago ... i should imagine the richest 5% own more than the other 95% .... tax them to the hilt #JC4PM https://www.theguardian.com/uk-news/201 ... population

Good idea, penalise people for endeavour, hard work and success. That will really encourage future generations. Personally, I am not jealous of people who have worked to reach the skies.



Sadly this policy of constantly fixating on the highest earners and taxing them more is what let's down Labour as it does little to encourage hard work, endeavour and most importantly investment. I really like the policy on the "Living Wage" and wish that every party would commit to this. In a fair and just society those at the lower end of the scale should be protected through earning a living wage, more of that income being protected by tax allowances but after that everyone pays at whatever tax rate their income falls (20% or 40% etc).

Corporation tax is completely different as thanks to the Tory's this tax has fallen dramatically to 19% (17% by 2020) this is the lowest level in any of the G7 Countries. Labour want to return to 26%, in my opinion that is not enough, and it should increase to 30% more in line with the other G7 Countries.

I believe that a new tax should be introduced on capital gains and share dividend income as fortunes are being lost each year and mainly to foreign investors, call it a Social Care Tax or whatever but something needs to be done about the £B's lost each year to Government Revenues and therefore public spending.

Taxing the high earners is just lazy as is TM "Dementia Tax" which does little to recognise the hard work and endeavour that goes into paying a mortgage, including the interest, over 20+ years. :bluescarf: :bluescarf: :bluescarf:

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 7:35 am

castleblue wrote:
Steve Zodiak wrote:
AHERNE wrote:The UK`s richest 1% own more than 55% of the UK population and that was 3 years ago ... i should imagine the richest 5% own more than the other 95% .... tax them to the hilt #JC4PM https://www.theguardian.com/uk-news/201 ... population

Good idea, penalise people for endeavour, hard work and success. That will really encourage future generations. Personally, I am not jealous of people who have worked to reach the skies.



Sadly this policy of constantly fixating on the highest earners and taxing them more is what let's down Labour as it does little to encourage hard work, endeavour and most importantly investment. I really like the policy on the "Living Wage" and wish that every party would commit to this. In a fair and just society those at the lower end of the scale should be protected through earning a living wage, more of that income being protected by tax allowances but after that everyone pays at whatever tax rate their income falls (20% or 40% etc).

Corporation tax is completely different as thanks to the Tory's this tax has fallen dramatically to 19% (17% by 2020) this is the lowest level in any of the G7 Countries. Labour want to return to 26%, in my opinion that is not enough, and it should increase to 30% more in line with the other G7 Countries.

I believe that a new tax should be introduced on capital gains and share dividend income as fortunes are being lost each year and mainly to foreign investors, call it a Social Care Tax or whatever but something needs to be done about the £B's lost each year to Government Revenues and therefore public spending.

Taxing the high earners is just lazy as is TM "Dementia Tax" which does little to recognise the hard work and endeavour that goes into paying a mortgage, including the interest, over 20+ years. :bluescarf: :bluescarf: :bluescarf:

Everytine corperation tax is high the treasury takes in less money these are facts that that cant be ignored labour always try and hit the taxrs but it never works

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 8:57 am

wez1927 wrote:Look at these


GDP is £2.8trillion not £471billion (which is the per capita figure). If you are using it to compare with the deficit then you should use the first figure :roll:

Obviously the 2010 Labour figures are high due to having to bail out the banks after the financial crash. If you use the figures for 2007 the year before the crash the deficit was just £9.4billion. Also Labour used the vast majority of it's borrowing to invest in big infrastructure projects. The Tories on the other hand use a big percentage to covering the cost of tax cuts to the mega rich and wealthy corporations.

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 9:01 am

wez1927 wrote:
castleblue wrote:
Steve Zodiak wrote:
AHERNE wrote:The UK`s richest 1% own more than 55% of the UK population and that was 3 years ago ... i should imagine the richest 5% own more than the other 95% .... tax them to the hilt #JC4PM https://www.theguardian.com/uk-news/201 ... population

Good idea, penalise people for endeavour, hard work and success. That will really encourage future generations. Personally, I am not jealous of people who have worked to reach the skies.



Sadly this policy of constantly fixating on the highest earners and taxing them more is what let's down Labour as it does little to encourage hard work, endeavour and most importantly investment. I really like the policy on the "Living Wage" and wish that every party would commit to this. In a fair and just society those at the lower end of the scale should be protected through earning a living wage, more of that income being protected by tax allowances but after that everyone pays at whatever tax rate their income falls (20% or 40% etc).

Corporation tax is completely different as thanks to the Tory's this tax has fallen dramatically to 19% (17% by 2020) this is the lowest level in any of the G7 Countries. Labour want to return to 26%, in my opinion that is not enough, and it should increase to 30% more in line with the other G7 Countries.

I believe that a new tax should be introduced on capital gains and share dividend income as fortunes are being lost each year and mainly to foreign investors, call it a Social Care Tax or whatever but something needs to be done about the £B's lost each year to Government Revenues and therefore public spending.

Taxing the high earners is just lazy as is TM "Dementia Tax" which does little to recognise the hard work and endeavour that goes into paying a mortgage, including the interest, over 20+ years. :bluescarf: :bluescarf: :bluescarf:

Everytine corperation tax is high the treasury takes in less money these are facts that that cant be ignored labour always try and hit the taxrs but it never works



It is true that Corporation Tax receipts are currently at record levels despite the 8% reduction in the rate introduced by the Cameron Government, but as a % of GDP the levels are still below where we were prior to the financial crisis in 2008. Receipts as a % of GDP are not expected to return to the pre 2008 levels until after 2020 so why are receipts at record levels?

In my opinion it to simplistic to say "Everytime Corporation Tax is High" the Treasury takes in less revenue because that is not always the case, in fact the reality is far from it. One of the main reasons receipts are so high is the "Bank Levy" where banks are now being hammered with not just a 28% Corporation Tax rate but also a 50% reduction in the amount of "Allowable Loses" to use to offset the amount of Corporation Tax they have to pay. In fact I'm sure that will reduce again to 25%. Things like the "Tobacco Surcharge" have also made a big contribution to the increase but one thing is "Absolutely" certain and that is the level of "Onshore" corporation tax receipts have dropped in line with the 8% reduction.

As a Country we need to remain competitive with other nations in respect of Corporation Tax rates, but I will never accept we need to be 40% lower than Germany, France etc. There would be £B's more in the Treasury coffers if Cameron hadn't introduced this 8% cut in Corporation Tax, money that could have been spent on the NHS, Education, Transport or Social Care.

Just my opinion Wez.


:bluescarf: :bluescarf: :bluescarf: :bluescarf:

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 9:09 am

castleblue wrote:
Sadly this policy of constantly fixating on the highest earners and taxing them more is what let's down Labour as it does little to encourage hard work, endeavour and most importantly investment. I really like the policy on the "Living Wage" and wish that every party would commit to this. In a fair and just society those at the lower end of the scale should be protected through earning a living wage, more of that income being protected by tax allowances but after that everyone pays at whatever tax rate their income falls (20% or 40% etc).

Corporation tax is completely different as thanks to the Tory's this tax has fallen dramatically to 19% (17% by 2020) this is the lowest level in any of the G7 Countries. Labour want to return to 26%, in my opinion that is not enough, and it should increase to 30% more in line with the other G7 Countries.

I believe that a new tax should be introduced on capital gains and share dividend income as fortunes are being lost each year and mainly to foreign investors, call it a Social Care Tax or whatever but something needs to be done about the £B's lost each year to Government Revenues and therefore public spending.

Taxing the high earners is just lazy as is TM "Dementia Tax" which does little to recognise the hard work and endeavour that goes into paying a mortgage, including the interest, over 20+ years. :bluescarf: :bluescarf: :bluescarf:


I agree with 90% of the above although 26% on Corporation Tax is enough for now, as the Government should be ensuring that all profits made in the UK are taxed at that rate i.e. Starbucks, Amazon etc. rather than allowing them to use aggressive tax avoidance schemes.

However, I strongly disagree with your view on higher rate earners who quite rightly should be taxed at a 50% rate. I simply don’t buy the narrative that multi-millionaires need a cut tax to motivate them to get out of bed in the morning.

If these people (along with the Corporations) wish to do business in this country and reap the benefits then they pay their fair share towards the running costs. Nothing makes me sicker like an impoverished millionaire claiming he can’t get by because of his tax bill.

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 9:15 am

wez1927 wrote:Everytine corperation tax is high the treasury takes in less money these are facts that that cant be ignored labour always try and hit the taxrs but it never works


As the economy grows the tax take will rise which means that it appears that more money has been collected. If the Corporation Tax rates had remained where they were then the Treasury would have collected even more :roll: .

This is a classic smoke and mirrors manoeuvre by the Tories which is designed to fool the electorate.

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 9:46 am

wez1927 wrote:
castleblue wrote:
Steve Zodiak wrote:
AHERNE wrote:The UK`s richest 1% own more than 55% of the UK population and that was 3 years ago ... i should imagine the richest 5% own more than the other 95% .... tax them to the hilt #JC4PM https://www.theguardian.com/uk-news/201 ... population

Good idea, penalise people for endeavour, hard work and success. That will really encourage future generations. Personally, I am not jealous of people who have worked to reach the skies.



Sadly this policy of constantly fixating on the highest earners and taxing them more is what let's down Labour as it does little to encourage hard work, endeavour and most importantly investment. I really like the policy on the "Living Wage" and wish that every party would commit to this. In a fair and just society those at the lower end of the scale should be protected through earning a living wage, more of that income being protected by tax allowances but after that everyone pays at whatever tax rate their income falls (20% or 40% etc).

Corporation tax is completely different as thanks to the Tory's this tax has fallen dramatically to 19% (17% by 2020) this is the lowest level in any of the G7 Countries. Labour want to return to 26%, in my opinion that is not enough, and it should increase to 30% more in line with the other G7 Countries.

I believe that a new tax should be introduced on capital gains and share dividend income as fortunes are being lost each year and mainly to foreign investors, call it a Social Care Tax or whatever but something needs to be done about the £B's lost each year to Government Revenues and therefore public spending.

Taxing the high earners is just lazy as is TM "Dementia Tax" which does little to recognise the hard work and endeavour that goes into paying a mortgage, including the interest, over 20+ years. :bluescarf: :bluescarf: :bluescarf:

Everytine corperation tax is high the treasury takes in less money these are facts that that cant be ignored labour always try and hit the taxrs but it never works



It is true that Corporation Tax receipts are currently at record levels despite the 8% reduction in the rate introduced by the Cameron Government, but as a % of GDP the levels are still below where we were prior to the financial crisis in 2008. Receipts as a % of GDP are not expected to return to the pre 2008 levels until after 2020 so why are receipts at record levels?

In my opinion it to simplistic to say "Everytime Corporation Tax is High" the Treasury takes in less revenue because that is not always the case, in fact the reality is far from it. One of the main reasons receipts are so high is the "Bank Levy" where banks are now being hammered with not just a 28% Corporation Tax rate but also a 50% reduction in the amount of "Allowable Loses" to use to offset the amount of Corporation Tax they have to pay. In fact I'm sure that will reduce again to 25%. Things like the "Tobacco Surcharge" have also made a big contribution to the increase but one thing is "Absolutely" certain and that is the level of "Onshore" corporation tax receipts have dropped in line with the 8% reduction.

As a Country we need to remain competitive with other nations in respect of Corporation Tax rates, but I will never accept we need to be 40% lower than Germany, France etc. There would be £B's more in the Treasury coffers if Cameron hadn't introduced this 8% cut in Corporation Tax, money that could have been spent on the NHS, Education, Transport or Social Care.

Just my opinion Wez.


:bluescarf: :bluescarf: :bluescarf: :bluescarf:

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 9:47 am

Tony Blue Williams wrote:
wez1927 wrote:Everytine corperation tax is high the treasury takes in less money these are facts that that cant be ignored labour always try and hit the taxrs but it never works


As the economy grows the tax take will rise which means that it appears that more money has been collected. If the Corporation Tax rates had remained where they were then the Treasury would have collected even more :roll: .

This is a classic smoke and mirrors manoeuvre by the Tories which is designed to fool the electorate.


Someone finally said it, thank you Tony Blue

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 9:56 am

Tony Blue Williams wrote:
castleblue wrote:
Sadly this policy of constantly fixating on the highest earners and taxing them more is what let's down Labour as it does little to encourage hard work, endeavour and most importantly investment. I really like the policy on the "Living Wage" and wish that every party would commit to this. In a fair and just society those at the lower end of the scale should be protected through earning a living wage, more of that income being protected by tax allowances but after that everyone pays at whatever tax rate their income falls (20% or 40% etc).

Corporation tax is completely different as thanks to the Tory's this tax has fallen dramatically to 19% (17% by 2020) this is the lowest level in any of the G7 Countries. Labour want to return to 26%, in my opinion that is not enough, and it should increase to 30% more in line with the other G7 Countries.

I believe that a new tax should be introduced on capital gains and share dividend income as fortunes are being lost each year and mainly to foreign investors, call it a Social Care Tax or whatever but something needs to be done about the £B's lost each year to Government Revenues and therefore public spending.

Taxing the high earners is just lazy as is TM "Dementia Tax" which does little to recognise the hard work and endeavour that goes into paying a mortgage, including the interest, over 20+ years. :bluescarf: :bluescarf: :bluescarf:


I agree with 90% of the above although 26% on Corporation Tax is enough for now, as the Government should be ensuring that all profits made in the UK are taxed at that rate i.e. Starbucks, Amazon etc. rather than allowing them to use aggressive tax avoidance schemes.

However, I strongly disagree with your view on higher rate earners who quite rightly should be taxed at a 50% rate. I simply don’t buy the narrative that multi-millionaires need a cut tax to motivate them to get out of bed in the morning.

If these people (along with the Corporations) wish to do business in this country and reap the benefits then they pay their fair share towards the running costs. Nothing makes me sicker like an impoverished millionaire claiming he can’t get by because of his tax bill.


Didn't put my view on tax very clear there Tony as I would have absolutely no problem with a 50% tax rate for anyone earning above £150,000 per year. For multi millionaires earning 7 figures a year then a higher figure maybe even 60-65% is right in a "Fair and Equal Society".

But what I hate most is the £B's lost in captial gains and share dividends as I really believe this type of income should be hit much much harder.


:bluescarf: :bluescarf: :bluescarf:

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 9:56 am

Tony Blue Williams wrote:
wez1927 wrote:Everytine corperation tax is high the treasury takes in less money these are facts that that cant be ignored labour always try and hit the taxrs but it never works


As the economy grows the tax take will rise which means that it appears that more money has been collected. If the Corporation Tax rates had remained where they were then the Treasury would have collected even more :roll: .

This is a classic smoke and mirrors manoeuvre by the Tories which is designed to fool the electorate.

The economy will not grow under a Labour government, Corbyn will create non jobs in the public sector, increase bureaucracy and stifle growth. Also direct comparisons with other countries on corporation tax are disingenuous as their tax systems are structured differently from ours

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 10:08 am

ccfc97 wrote:
Tony Blue Williams wrote:
wez1927 wrote:Everytine corperation tax is high the treasury takes in less money these are facts that that cant be ignored labour always try and hit the taxrs but it never works


As the economy grows the tax take will rise which means that it appears that more money has been collected. If the Corporation Tax rates had remained where they were then the Treasury would have collected even more :roll: .

This is a classic smoke and mirrors manoeuvre by the Tories which is designed to fool the electorate.


Someone finally said it, thank you Tony Blue

Twice I've asked you about Corbyns plans to nationalise Railtrack, power and Water industries and how he intends to finance it, it's not costed in their manifesto and obviously would cost tens of billions. For a Corbynista you have been strangely silent on this and on his ludicrous claim that financing them by issuing secured government bonds isn't borrowing. Your clearly young and blinded by an evangelical zeal to see Corbyn elected PM a word of advice from an old cynic, politicians always let you down ;)

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 10:14 am

castleblue wrote:
Tony Blue Williams wrote:
castleblue wrote:
Sadly this policy of constantly fixating on the highest earners and taxing them more is what let's down Labour as it does little to encourage hard work, endeavour and most importantly investment. I really like the policy on the "Living Wage" and wish that every party would commit to this. In a fair and just society those at the lower end of the scale should be protected through earning a living wage, more of that income being protected by tax allowances but after that everyone pays at whatever tax rate their income falls (20% or 40% etc).

Corporation tax is completely different as thanks to the Tory's this tax has fallen dramatically to 19% (17% by 2020) this is the lowest level in any of the G7 Countries. Labour want to return to 26%, in my opinion that is not enough, and it should increase to 30% more in line with the other G7 Countries.

I believe that a new tax should be introduced on capital gains and share dividend income as fortunes are being lost each year and mainly to foreign investors, call it a Social Care Tax or whatever but something needs to be done about the £B's lost each year to Government Revenues and therefore public spending.

Taxing the high earners is just lazy as is TM "Dementia Tax" which does little to recognise the hard work and endeavour that goes into paying a mortgage, including the interest, over 20+ years. :bluescarf: :bluescarf: :bluescarf:


I agree with 90% of the above although 26% on Corporation Tax is enough for now, as the Government should be ensuring that all profits made in the UK are taxed at that rate i.e. Starbucks, Amazon etc. rather than allowing them to use aggressive tax avoidance schemes.

However, I strongly disagree with your view on higher rate earners who quite rightly should be taxed at a 50% rate. I simply don’t buy the narrative that multi-millionaires need a cut tax to motivate them to get out of bed in the morning.

If these people (along with the Corporations) wish to do business in this country and reap the benefits then they pay their fair share towards the running costs. Nothing makes me sicker like an impoverished millionaire claiming he can’t get by because of his tax bill.


Didn't put my view on tax very clear there Tony as I would have absolutely no problem with a 50% tax rate for anyone earning above £150,000 per year. For multi millionaires earning 7 figures a year then a higher figure maybe even 60-65% is right in a "Fair and Equal Society".

But what I hate most is the £B's lost in captial gains and share dividends as I really believe this type of income should be hit much much harder.


:bluescarf: :bluescarf: :bluescarf:

Why should someone who either works harder or is cleverer than yourself pay a larger percentage of their income in tax.

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 10:18 am

Jock wrote:
castleblue wrote:
Tony Blue Williams wrote:
castleblue wrote:
Sadly this policy of constantly fixating on the highest earners and taxing them more is what let's down Labour as it does little to encourage hard work, endeavour and most importantly investment. I really like the policy on the "Living Wage" and wish that every party would commit to this. In a fair and just society those at the lower end of the scale should be protected through earning a living wage, more of that income being protected by tax allowances but after that everyone pays at whatever tax rate their income falls (20% or 40% etc).

Corporation tax is completely different as thanks to the Tory's this tax has fallen dramatically to 19% (17% by 2020) this is the lowest level in any of the G7 Countries. Labour want to return to 26%, in my opinion that is not enough, and it should increase to 30% more in line with the other G7 Countries.

I believe that a new tax should be introduced on capital gains and share dividend income as fortunes are being lost each year and mainly to foreign investors, call it a Social Care Tax or whatever but something needs to be done about the £B's lost each year to Government Revenues and therefore public spending.

Taxing the high earners is just lazy as is TM "Dementia Tax" which does little to recognise the hard work and endeavour that goes into paying a mortgage, including the interest, over 20+ years. :bluescarf: :bluescarf: :bluescarf:


I agree with 90% of the above although 26% on Corporation Tax is enough for now, as the Government should be ensuring that all profits made in the UK are taxed at that rate i.e. Starbucks, Amazon etc. rather than allowing them to use aggressive tax avoidance schemes.

However, I strongly disagree with your view on higher rate earners who quite rightly should be taxed at a 50% rate. I simply don’t buy the narrative that multi-millionaires need a cut tax to motivate them to get out of bed in the morning.

If these people (along with the Corporations) wish to do business in this country and reap the benefits then they pay their fair share towards the running costs. Nothing makes me sicker like an impoverished millionaire claiming he can’t get by because of his tax bill.


Didn't put my view on tax very clear there Tony as I would have absolutely no problem with a 50% tax rate for anyone earning above £150,000 per year. For multi millionaires earning 7 figures a year then a higher figure maybe even 60-65% is right in a "Fair and Equal Society".

But what I hate most is the £B's lost in captial gains and share dividends as I really believe this type of income should be hit much much harder.


:bluescarf: :bluescarf: :bluescarf:

Why should someone who either works harder or is cleverer than yourself pay a larger percentage of their income in tax.


What a naive comment to make. Just because somebody earns more than somebody else does not mean they work harder or are more intelligent. It's also a very selfish attitude to have. I don't earn a bad sum but I don't earn a great sum. However, it doesn't stop me donating money to worthy causes because I feel it's my reasonable responsibility to help others who aren't as fortune as me. Yes, there are lazy twats that abuse the system but they are in a minority and generally the greater good benefits.

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 11:12 am

Jock wrote:
castleblue wrote:
Tony Blue Williams wrote:
castleblue wrote:
Sadly this policy of constantly fixating on the highest earners and taxing them more is what let's down Labour as it does little to encourage hard work, endeavour and most importantly investment. I really like the policy on the "Living Wage" and wish that every party would commit to this. In a fair and just society those at the lower end of the scale should be protected through earning a living wage, more of that income being protected by tax allowances but after that everyone pays at whatever tax rate their income falls (20% or 40% etc).

Corporation tax is completely different as thanks to the Tory's this tax has fallen dramatically to 19% (17% by 2020) this is the lowest level in any of the G7 Countries. Labour want to return to 26%, in my opinion that is not enough, and it should increase to 30% more in line with the other G7 Countries.

I believe that a new tax should be introduced on capital gains and share dividend income as fortunes are being lost each year and mainly to foreign investors, call it a Social Care Tax or whatever but something needs to be done about the £B's lost each year to Government Revenues and therefore public spending.

Taxing the high earners is just lazy as is TM "Dementia Tax" which does little to recognise the hard work and endeavour that goes into paying a mortgage, including the interest, over 20+ years. :bluescarf: :bluescarf: :bluescarf:


I agree with 90% of the above although 26% on Corporation Tax is enough for now, as the Government should be ensuring that all profits made in the UK are taxed at that rate i.e. Starbucks, Amazon etc. rather than allowing them to use aggressive tax avoidance schemes.

However, I strongly disagree with your view on higher rate earners who quite rightly should be taxed at a 50% rate. I simply don’t buy the narrative that multi-millionaires need a cut tax to motivate them to get out of bed in the morning.

If these people (along with the Corporations) wish to do business in this country and reap the benefits then they pay their fair share towards the running costs. Nothing makes me sicker like an impoverished millionaire claiming he can’t get by because of his tax bill.


Didn't put my view on tax very clear there Tony as I would have absolutely no problem with a 50% tax rate for anyone earning above £150,000 per year. For multi millionaires earning 7 figures a year then a higher figure maybe even 60-65% is right in a "Fair and Equal Society".

But what I hate most is the £B's lost in captial gains and share dividends as I really believe this type of income should be hit much much harder.


:bluescarf: :bluescarf: :bluescarf:

Why should someone who either works harder or is cleverer than yourself pay a larger percentage of their income in tax.



Well during my working life I always worked as hard as I could and I tried to make good decisions and use to the best effect my intelligence and when I decided to retire I felt that I did OK. As a result of my hard work I managed to hold down a number of well paid jobs and for over 20 years I paid income tax at the higher level and I never complained, Why? Because in a Fair And Equal Society that's what happens i.e. those best placed to pay do so for the good off all.

I would never claim that I worked harder or that I was cleverer than anyone else, that would be arrogant and be against everything my parents instilled into me, they worked hard to give me a better life than they had and they also paid their taxes without complaint.

I own my own home, my parents never did, but now TM wants the right to claim maybe 60% of the value should I get ill and require "Social Care" does that policy fit within a "Fair And Equal Soceity"? What is the motivation to work hard, pay your taxes and make positive contributions to society only to have it taken away by the state?

You've suggested in another post that my views on taxation are "Disingenuous" - REALLY. If I lived in Germany I would likely to have paid more in taxes during my lifetime but, in a country with a higher % of members over 65 they budget each year for social care spending, about 1% of GDP. In the Netherlands and Sweden that is higher at over 3% of GDP.

In comparison the UK budget for Social Care is 0% and before you say that's within the NHS or Welfare well in Germany they spend over 10% GDP every year on healthcare, what is that figure here after 7 years of Tory government? well it's below 7% and expected to drop below 6% by 2020. In 2010 under Labour spending on Healthcare was over 9% of GDP but yet again under a Conservative Government Heathcare is on the point of collapse.

TM is saying there is "No Magic Money Tree" to fund Health, Welfare, Education, Social Care etc, well that may well be true but there is a fertiliser which helps yield from the tree and it's called taxation.

In a Fair And Equal Society the collection of the taxes required to fund the needs of the Country have and always will be based on the "Ability To Pay".

Still think I'm Disingenuous?


:bluescarf: :bluescarf: :bluescarf:

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 12:55 pm

Jock wrote:Twice I've asked you about Corbyns plans to nationalise Railtrack, power and Water industries and how he intends to finance it, it's not costed in their manifesto and obviously would cost tens of billions. For a Corbynista you have been strangely silent on this and on his ludicrous claim that financing them by issuing secured government bonds isn't borrowing. Your clearly young and blinded by an evangelical zeal to see Corbyn elected PM a word of advice from an old cynic, politicians always let you down ;)


Strangely enough you have answered your own question :lol: The Nationalisation of Railways, Power and Water would be paid for from secured Government bonds. Yes that's borrowed money and it says so in the manifesto.

What your overlooking is that once Nationalised the profits generated would go to the Treasury and not parasite shareholders :roll: also Tax avoidance from these industries would be solved at one stroke.

There is no excuse anymore for these utilities to remain in private hands, they are vital infrastructure and belong to us all.

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 12:59 pm

Tony Blue Williams wrote:
Jock wrote:Twice I've asked you about Corbyns plans to nationalise Railtrack, power and Water industries and how he intends to finance it, it's not costed in their manifesto and obviously would cost tens of billions. For a Corbynista you have been strangely silent on this and on his ludicrous claim that financing them by issuing secured government bonds isn't borrowing. Your clearly young and blinded by an evangelical zeal to see Corbyn elected PM a word of advice from an old cynic, politicians always let you down ;)


Strangely enough you have answered your own question :lol: The Nationalisation of Railways, Power and Water would be paid for from secured Government bonds. Yes that's borrowed money and it says so in the manifesto.

What your overlooking is that once Nationalised the profits generated would go to the Treasury and not parasite shareholders :roll: also Tax avoidance from these industries would be solved at one stroke.

There is no excuse anymore for these utilities to remain in private hands, they are vital infrastructure and belong to us all.

Communist! You're be saying there should be a national goverment bank next oh wait for it !

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 1:02 pm

Jock wrote:Why should someone who either works harder or is cleverer than yourself pay a larger percentage of their income in tax.


And who decides whose worked harder and is more intelligent? The comment above would seem to rule you out of the latter that's for sure.

The system isn't perfect but it's better than nothing. Often I think of construction workers in their 50's and 60's such as Hod Carriers who literally broke their backs working hard only to find themselves disabled in middle age. They paid into the system but must now go through humiliating Work Capability Assessments before they receive a penny.

It takes all sorts to make a society but what you can't have is the utter selfish naïve comment that you made above. If you want to benefit from society then you pay your fair share. That means if you earn more you pay more.

Re: ' Poll ' Who you voting for in the General election?

Sat Jun 03, 2017 1:05 pm

wez1927 wrote:
Tony Blue Williams wrote:
Jock wrote:Twice I've asked you about Corbyns plans to nationalise Railtrack, power and Water industries and how he intends to finance it, it's not costed in their manifesto and obviously would cost tens of billions. For a Corbynista you have been strangely silent on this and on his ludicrous claim that financing them by issuing secured government bonds isn't borrowing. Your clearly young and blinded by an evangelical zeal to see Corbyn elected PM a word of advice from an old cynic, politicians always let you down ;)


Strangely enough you have answered your own question :lol: The Nationalisation of Railways, Power and Water would be paid for from secured Government bonds. Yes that's borrowed money and it says so in the manifesto.

What your overlooking is that once Nationalised the profits generated would go to the Treasury and not parasite shareholders :roll: also Tax avoidance from these industries would be solved at one stroke.

There is no excuse anymore for these utilities to remain in private hands, they are vital infrastructure and belong to us all.

Communist! You're be saying there should be a national goverment bank next oh wait for it !


Is that the best you can do? :lol: Obviously you haven't been keeping up with the news for the past decade as most of the big banks have been under Government control since 2008 including 7 years under the Tories :laughing5: