Labour Election Promises (Broken) Thread

[SLUDGE FACTORY]

Re: Labour Election Promises (Broken) Thread

Thank God we voted out the Tory scum.

More seriously, this is ridiculous isn't it?

If there is anything Labour have stood out on, rightly or wrongly is that they have claimed to be anti austerity.

https://www.bbc.co.uk/news/articles/c0r8e421y5po

Absolutely, thank feck we voted your cnts out

Labour even at their worst are better than the dregs we have had for 14 years

[JamesWales]

Re: Labour Election Promises (Broken) Thread

Absolutely, thank feck we voted your cnts out

Labour even at their worst are better than the dregs we have had for 14 years

Abusive and missed the point. He's back! I've missed you since the election Sludgey! 😘

[Dorcus]

Re: Labour Election Promises (Broken) Thread

Absolutely, thank feck we voted your cnts out

Labour even at their worst are better than the dregs we have had for 14 years

100% correct! Nothing could be as bad as the Tory shitbags but this Starmer right wing farrago gives them a run for their money.

[SLUDGE FACTORY]

Re: Labour Election Promises (Broken) Thread

Abusive and missed the point. He's back! I've missed you since the election Sludgey! 😘

I couldn't give a feck

Feck the tory mob

[JamesWales]

Re: Labour Election Promises (Broken) Thread

I couldn't give a feck

Feck the tory mob

Absolute scum the lot of them. Rotters.

[TWGL1]

Re: Labour Election Promises (Broken) Thread

Absolute scum the lot of them. Rotters.

Hey sludge , genuine question would you be this vocal with your inflammatory rhetoric face to face with a past Tory voter such as myself, if so perhaps rather than hiding behind a keyboard put your money where your mouth is , go on I dare you. If you can’t stop being a childish online troll.

[goats]

Re: Labour Election Promises (Broken) Thread

Going after inheritance tax now I see, another deeply unpopular one so should cement the new Tories demise even further, nothing like a bit of cash stress post death/funeral.
No point in working or saving anymore, no point buying a house, they will take it all….spend every last penny in the George Best style I guess…..

[Heathblue]

Re: Labour Election Promises (Broken) Thread

Going after inheritance tax now I see, another deeply unpopular one so should cement the new Tories demise even further, nothing like a bit of cash stress post death/funeral.
No point in working or saving anymore, no point buying a house, they will take it all….spend every last penny in the George Best style I guess…..

You have to laugh at these champagne red rosette mobsters, 4 years of Russian interference claims but are now sending a brigade to Merica to campaign in the elections for knee pads, I'm wondering if the same characters who denied the cheating in the last US election will be crying cheat shortly, vote for no one Goats, they are all Wefers no matter what colour badge, its a rigged game and the people have little say, but the tide is turning slowly.

[Eric Cartman]

Re: Labour Election Promises (Broken) Thread

Going after inheritance tax now I see, another deeply unpopular one so should cement the new Tories demise even further, nothing like a bit of cash stress post death/funeral.
No point in working or saving anymore, no point buying a house, they will take it all….spend every last penny in the George Best style I guess…..

Ironically, that would be a lot better for the economy than people hoarding wealth until their mid 90s and then passing it on to their 65 year old kids, rinse and repeat.

The only issue I have with changing iht is yet again we are having a conversation about 'raising taxes on the richest' and excluding the actual rich people, whose affairs are organised in a way to avoid paying iht. Similar to any conversations about income tax, NI etc.

[Dorcus]

Re: Labour Election Promises (Broken) Thread

Ironically, that would be a lot better for the economy than people hoarding wealth until their mid 90s and then passing it on to their 65 year old kids, rinse and repeat.

The only issue I have with changing iht is yet again we are having a conversation about 'raising taxes on the richest' and excluding the actual rich people, whose affairs are organised in a way to avoid paying iht. Similar to any conversations about income tax, NI etc.

IHT is the fairest and most effective tax to stimulate the economy apart from milking the richest. This so called Labour outfit has been very poor thus far but, in my opinion, they could redeem themselves by raising IHT significantly and redistribute the cash to stimulate productivity.

[JamesWales]

Re: Labour Election Promises (Broken) Thread

IHT is the fairest and most effective tax to stimulate the economy apart from milking the richest. This so called Labour outfit has been very poor this far but in my opinion they could redeem themselves by raising IHT significantly.

I can't say I have a great issue with it, but surely people will just shift it away somehow? Give it to their kids early (no bad thing at all) or spend it (no bad thing) or move it abroad (a bad thing). It seems pretty easy to get around

[Dorcus]

Re: Labour Election Promises (Broken) Thread

I can't say I have a great issue with it, but surely people will just shift it away somehow? Give it to their kids early (no bad thing at all) or spend it (no bad thing) or move it abroad (a bad thing). It seems pretty easy to get around

Possibly so but it wouldn't take a genius to devise control measures so that the cash be frozen until it is taxed and only allowed to be used in exceptional circumstances.

[Eric Cartman]

Re: Labour Election Promises (Broken) Thread

Possibly so but it wouldn't take a genius to devise control measures so that the cash be frozen until it is taxed and only allowed to be used in exceptional circumstances.

It's not about intelligence though I don't think. The UK is structured in a way where a certain 'class' of people never lose, no matter what the government does. It's a massive job to break that down. The low hanging fruit is the large number of people in the middle who aren't obsessed with money enough to focus their energy or resources towards avoiding tax.

[Dorcus]

Re: Labour Election Promises (Broken) Thread

It's not about intelligence though I don't think. The UK is structured in a way where a certain 'class' of people never lose, no matter what the government does. It's a massive job to break that down. The low hanging fruit is the large number of people in the middle who aren't obsessed with money enough to focus their energy or resources towards avoiding tax.

Yes I agree with you but my point was that it wouldn't take a genius for the Government to devise a financial control system whereby large amounts of family cash could be protected until it were appropriately taxed, rather than be fritted away prematurely. The benefits are obvious in terms of redistribution and opportunities to stimulate economic growth. I still believe by the way there should be a punitive wealth tax on the super rich so we probably largely concur.

[jon1959]

Re: Labour Election Promises (Broken) Thread

I can't say I have a great issue with it, but surely people will just shift it away somehow? Give it to their kids early (no bad thing at all) or spend it (no bad thing) or move it abroad (a bad thing). It seems pretty easy to get around

Aren’t there already strict limits on how much money someone can ‘gift’ to avoid IHT? Something like £3k (or is it now £1.5k pa)?

I have no idea if or how that is policed - and as Eric says, the very rich play outside the rules- but the rules are there.