Well they want the vote for 16 year olds but object to 'child' soldiers under 18.
Anyone with half a brain realises they want 16 year olds to vote because they are less likely to have a considered rational view and are more likely go with a hare brained scheme that captures their imagination or take an electoral bribe thinking they won't have to pay for it in the long run.
so taxing the top earners to fund public services is 6th form economics but diverting money from public services to the top earners is sound financial stewardship?
The labour manifesto is Alice in wonderland stuff but we can trust the tories even though they have failed in almost every major pledge they made at the last election?
Maybe I'm more left wing than I thought(!) but I read the Labour manifesto (I am that dull) and, well... it seemed quite moderate really!In my opinion, we do not live in a progressive country any more.
Maybe I'm more left wing than I thought(!) but I read the Labour manifesto (I am that dull) and, well... it seemed quite moderate really!
The frustrationg thing is it's a social democrat manifesto, and most of that the entire Labour Party could get behind. Forget who's in charge for a moment, and instead of fighting each other, it's surely something the party can unite behind as being indicative of the Labour movement as a whole?
Someone should probably send him the link to the Labour website. He can read it on there.Worth noting the labor manifesto was generally well received except no body knows how they are going to pay for all the nice stuff they are proposing. Not even their own shadow chancellor.
It does seem like turkeys voting for Xmas.It's amazing how many sub-£100k earners seem to be personally offended by the idea that higher earners will be taxed more. THIS is the embodiment of establishment mentality setting in, people feeling the need to vote against themselves to avoid upsetting the upper tranche of hierarchy.
Agree with this. The fact that Labour policies are being presented as some sort of communist extreme left thinking is bizarre when you look at how many of those policies are in place elsewhere in countries we wouldn't consider left wing at all let alone on the extreme side.I think that shows how far the country has swung to the right.
Someone should probably send him the link to the Labour website. He can read it on there.
It does seem like turkeys voting for Xmas.
Was an interesting interview on the news last night in between snide comments from Kuenssberg. They interview a couple of chaps in the gym. One was a police man, perfectly happy to pay more tax if it meant improving services for all. His mate was against it, when asked why it was because he was in a higher tax bracket and would have to pay more.
Someone should probably send him the link to the Labour website. He can read it on there.
It does seem like turkeys voting for Xmas.
Was an interesting interview on the news last night in between snide comments from Kuenssberg. They interview a couple of chaps in the gym. One was a police man, perfectly happy to pay more tax if it meant improving services for all. His mate was against it, when asked why it was because he was in a higher tax bracket and would have to pay more.
It is a fine balancing act - and you have to weigh CT against a host of other factors. This idea that a rise in CT will result in a defined increase in revenues with no impact on jobs and investment may play well to those with left-wing sensibilities but it doesn't really stack up in the real world.
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This grossly simplistic idea that you raise tax on the rich and it results in a big pot of gold for the treasury is just nonsense. Many economists will tell you that raising the top rate of tax by 5% won't generate any extra revenues - in fact when the top rate of tax was reduced from 50p to 45p, income tax revenues actually increased."
That may be so. But that is a Labour policy and the money will be used to deliver some of the spending they have outlined.
You may not agree, you may not think it will work or can be delivered, but the policies laid out in the Labour manifesto have been costed.
Again, the figure for the tories new house building scheme don't add up but they, along with the undelivered policies from the last manifesto, seem to go unscrutinised
As for corporation tax, Germanys is nearly 18% higher than Irelands and nearly 10% higher than the UK yet it hasn't dented their competitive edge nor has the fact that earnings are on the up there whereas they are declining here.
Maybe that is a little bit of a simplistic way of looking at things as there are many other factors like you say but there is no doubt that the wealth in this country is not benefiting the many. In my opinion, we do not live in a progressive country any more.
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This grossly simplistic idea that you raise tax on the rich and it results in a big pot of gold for the treasury is just nonsense. Many economists will tell you that raising the top rate of tax by 5% won't generate any extra revenues - in fact when the top rate of tax was reduced from 50p to 45p, income tax revenues actually increased."
That may be so. But that is a Labour policy and the money will be used to deliver some of the spending they have outlined.
You may not agree, you may not think it will work or can be delivered, but the policies laid out in the Labour manifesto have been costed.
Agree with this. The fact that Labour policies are being presented as some sort of communist extreme left thinking is bizarre when you look at how many of those policies are in place elsewhere in countries we wouldn't consider left wing at all let alone on the extreme side.
But no problem with the Conservatives borrowing double that amount while making deep cuts to public services and telling us 'we're all in this together'?The fact they are proposing up to one quarter of a trillion pounds in additional borrowing has to raise alarm bells.
But no problem with the Conservatives borrowing double that amount while making deep cuts to public services and telling us 'we're all in this together'?
Such a shit argument to say the other side are simply stupid.Except it will quite possibly reduce the tax income; simple human nature - you tax someone so much that they decide it's no longer worth working or move abroad. Remember that the people who earn the most are typically the most ambitious and most dynamic and if they feel that the government is taking the piss they'll be off. Even if they stay, they will reduce investment - so fewer new initiatives and companies that get funded and create jobs. I also know at least one person who will retire if Labour's tax plans were implemented.
Further, you won't be able to count the companies that leave the UK or never come in the first place if corporation tax rates rocket. It's not just an incentive for companies to move, it will also be a deterrent for new start ups.
But it doesn't really matter because they can borrow even more: interest rates are low and as long as they say "borrowing to invest" it'll be OK, right?
I know as I type this is futile. The religious Left won't believe the above, or won't care as long as they perceive that "the rich" are being punished. And the Labour front bench are not intelligent enough to understand what would happen to the country. There is a reason why it's mostly kids that vote Labour (if they vote): it's because they don't have the experience or knowledge to understand the implications of a manifesto such as Corbyn's. Rhetoric question: how much tax did "the rich" pay during the 70s and the last time that tax rates were very high? Did they pay it or did they relocate?
Why is it nonsense? If its being claimed Labour are dangerous for borrowing then its a perfectly valid question to ask why it is acceptable for the Conservatives to borrow far more than Labour are proposing and still be considered the safe option.The things is, you already know the answer to this question. Why persist with nonsense when you understand the difference; I don't understand.
Except it will quite possibly reduce the tax income; simple human nature - you tax someone so much that they decide it's no longer worth working or move abroad. Remember that the people who earn the most are typically the most ambitious and most dynamic and if they feel that the government is taking the piss they'll be off. Even if they stay, they will reduce investment - so fewer new initiatives and companies that get funded and create jobs. I also know at least one person who will retire if Labour's tax plans were implemented.
Further, you won't be able to count the companies that leave the UK or never come in the first place if corporation tax rates rocket. It's not just an incentive for companies to move, it will also be a deterrent for new start ups.
But it doesn't really matter because they can borrow even more: interest rates are low and as long as they say "borrowing to invest" it'll be OK, right?
I know as I type this is futile. The religious Left won't believe the above, or won't care as long as they perceive that "the rich" are being punished. And the Labour front bench are not intelligent enough to understand what would happen to the country. There is a reason why it's mostly kids that vote Labour (if they vote): it's because they don't have the experience or knowledge to understand the implications of a manifesto such as Corbyn's. Rhetoric question: how much tax did "the rich" pay during the 70s and the last time that tax rates were very high? Did they pay it or did they relocate?
But no problem with the Conservatives borrowing double that amount while making deep cuts to public services and telling us 'we're all in this together'?
Why is it nonsense? If its being claimed Labour are dangerous for borrowing then its a perfectly valid question to ask why it is acceptable for the Conservatives to borrow far more than Labour are proposing and still be considered the safe option.
Your assertion that companies leave if corporate tax increases, (rockets as you provocatively put it), doesn't stand up to scrutiny.
And it's absolutely nothing to do with punishing the rich it 's about living in a fair society, which in my opinion equals a safer society and a better environment to raise your family. In my book, there are more important facets to life than material wealth.
The NHS is collapsing, class sizes are increasing, working people are using food banks, homelessness has increased over 50% in 7 years.
Is this really the type of country you want to live in?
It does stand up to some scrutiny. The issue is less that companies will move away - although some might, financial institutions are notoriously nomadic (assuming any increase is modest it might not have much impact, but equally it's not likely to generate any extra revenue either). It's more about encouraging new investment. When Facebook, Apple and Google expanded UK operations recently the favourable rates of CT were mentioned a number of times. Would you rather they have gone somewhere else?
We all want a fair society. As a parent it's impossible not to be moved by child poverty. The question is how do we build the society we all want. Higher taxation (on business and individuals), more regulation, increased borrowing - I'm not sure this is the way to do it. That's not to say there is much that could be done that isn't being done, totally accept that. Labour won't achieve the society you crave with their current agenda. When they had a top rate of tax of 83% in the late 70s (98% on unearned income), did we have a Socialist utopia? The country was on its knees and the rich were paying far less as a proportion of total tax revenues than they are now. I know that Corbyn isn't proposing anything like this, but the idea that higher taxes on the rich equals more revenue and a fairer society doesn't stack up - but it might make some people feel better I suppose.
Just not quite true is it. The Eurozone is growing faster than the US economy with Spain leading the way of the resurgent countries. The Euro is gaining in strength as people are seeing through the populists like Trump and - in Europe turning back to Merkel as the leader of the Western world. 3 state elections in a row backing Merkel's party.
France is now looking with Germany to reform the EU and take it forward. We will see who is more sensible, Merkel and Macron at the forefront of the EU, or the Brexiteers.
Such a shit argument to say the other side are simply stupid.
I'll be voting Labour, my degree was in politics and international relations and my Masters in political science and political economy. I now work in an international development NGO who has close ties with government departments. Do I lack the knowledge or experience to understand the manifesto?
I think that shows how far the country has swung to the right.
I read somewhere the other day, (it may have been on this board), that in Scandanavia Corbyn would be considered left of centre.
Which from my POV I'd say is obvious, as people keep voting Conservative then wonder why cuts to services happen...The one thing that is massively lacking in politics these days, voters and politicians, is common sense.
How are Greece getting on these days? Genuine question, I haven't heard them on the news for a while.Just not quite true is it. The Eurozone is growing faster than the US economy with Spain leading the way of the resurgent countries. The Euro is gaining in strength as people are seeing through the populists like Trump and - in Europe turning back to Merkel as the leader of the Western world. 3 state elections in a row backing Merkel's party.
France is now looking with Germany to reform the EU and take it forward. We will see who is more sensible, Merkel and Macron at the forefront of the EU, or the Brexiteers.
Which from my POV I'd say is obvious, as people keep voting Conservative then wonder why cuts to services happen...
And then you'll disagree, and then circles begin.
Reading the Labour manifesto, it's pretty sensible to my mind. I have some concerns (not sure targetting a limited set of people for tax rises is entirely productive, I'd make it more progressive full-stop for income tax. Am also concerned they commit to the triple-lock for pensions. Surely we're now in a position where linking it to inflation is sufficient? Also, why commit to building HS2? I need to be convinced HS2 is anything more than a vanity project that government can't back down from. Personally I'd rather policies encouraged decentralisation and encouraged business to move out from London, rather than just making it faster to get there!) but it's not bad.I agree, and I know full well they will keep cutting. You know the issue there though, where is sensible alternative?
There isn't really one. They are all fucking dog shit.
So you're concerned about financial institutions moving but voted Brexit even though several have stated in the event of Brexit they will leave Britain which it appears some are going to.
And shouldn't we levy penalties against Facebook, Apple and Google if they don't pay the taxes we demand, isn't that what Brexiteers are saying we should do to the big German car manufacturers if we don't get the deal we want?
How do we get a fairer society, well I would suggest that instead of the majority of the wealth been held onto by a very small percentage of the population that more money finds it's way back into the public pot for vital services.
Of course the top rate tax of 83% that you hi-light would be unworkable, but there's enough money sloshing around this country to improve health, education and public transport. We shouldn't be making teachers and teaching assistants redundant or cutting vital health services.
And the knock on affect is a better educated, healthier more mobile work force which leads to better productivity. It just needs a change of attitude, both from big corporations and individuals who want to grab the biggest slice of the pie they can and fuck everybody else. As I said, I would quite happily pay more tax myself.
It's nothing to do with socialism or capitalism, it's just about making the country a better place to live
Reading the Labour manifesto, it's pretty sensible to my mind. I have some concerns (not sure targetting a limited set of people for tax rises is entirely productive, I'd make it more progressive full-stop for income tax. Am also concerned they commit to the triple-lock for pensions. Surely we're now in a position where linking it to inflation is sufficient? Also, why commit to building HS2? I need to be convinced HS2 is anything more than a vanity project that government can't back down from. Personally I'd rather policies encouraged decentralisation and encouraged business to move out from London, rather than just making it faster to get there!) but it's not bad.
I need to read the Liberal one to see if that agrees with me or not. tbf to them all I'll also read the Conservative one... although I suspect that won't agree with me
I agree, and I know full well they will keep cutting. You know the issue there though, where is sensible alternative?
There isn't really one. They are all fucking dog shit.
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