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Post by felonious on Sept 3, 2019 17:17:46 GMT
Short term maybe not, there’s always a nice honeymoon period with socialism before the bill comes due, long term a state socialist government would inflict major damage. Burdened by high taxes and hikes in the minimum wage businesses will suffer, jobs will be cut, prices will go up. The high corporation taxes he favors would, paradoxically, decrease tax revenue (see the laffer curve) Post brexit we can make the Uk a very attractive place if we keep business and corporate taxes low and incentivise investment and not put them off with burdensome regulations. Where are the businesses going to up sticks and move to? Canada (27%) France (32%) Germany (30%) USA (26%) Japan (30%) Switzerland (21%) Italy (24%) Holland (25%) Spain (25%) The proposed increase would put us on a par or still below the other G7 nations. Low corporation tax arguably doesn't encourage investment at all. A corporation tax rate of 19% and a 20% allowance on capital spending means that a company spending £100 on capital equipment gets a cash rebate of £100 x 19% x 20% = £3.80 in the year it spends the money. Now change the tax rate to 26% and offer 100% first year allowances and the allowance is worth £26, or near enough seven times more. Much more conducive to encourage investment and growth........... Current first year allowances are 100% on plant and machinery up to £2 million until December 2020. The rate of corporation tax in Ireland is 12.5%, I can't be bothered to look at the places where business would locate to like Slovenia, Slovakia, Poland, etc with low wage costs. The Conservative party followed on with Blair's regime of high employment taxes via employers National Insurance which is currently 13.8%. Debenhams as an example are probably paying bugger all in CT but will still be contributing to the Exchequer via the NI on their wage bill. Blair had it absolutely right because in times of recession the wage bill of UK PLC will produce a steady income. The Conservative party have also moved some of the burden of tax credits on to the employer through the hikes in minimum wage over the last 10 years. They've also put some of the pension burden on to employers via the pension levies now up to 3%. The Corporation tax rate is largely symbolic for this Labour administration as a vote winner. Long term a Corbyn government will produce unemployment as the wage bill will be the easiest route to attempt to reduce costs. The state will pick this bill up with either higher taxes or more government borrowing. The biggest losers will be future taxpayers as ever.
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Post by mattyd on Sept 3, 2019 17:28:56 GMT
And when mac Donald starts hammering the landlords they won't have anywhere to live either Those poor old landlords and their abusive practices hoovering up all that housing benefit. My heart bleeds. Not all private tenants are on housing benefits Sheikh. Many, myself included, are hard working tax payers.
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Post by sheikhmomo on Sept 3, 2019 18:57:06 GMT
Those poor old landlords and their abusive practices hoovering up all that housing benefit. My heart bleeds. Not all private tenants are on housing benefits Sheikh. Many, myself included, are hard working tax payers. Absolutely. However £9.4 Billion in tax payers money goes to private landlords every year in the form of benefit in many cases to help them pay their mortgages. The system is completely fucked mate.
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Post by wizzardofdribble on Sept 3, 2019 19:19:39 GMT
Not all private tenants are on housing benefits Sheikh. Many, myself included, are hard working tax payers. Absolutely. However £9.4 Billion in tax payers money goes to private landlords every year in the form of benefit in many cases to help them pay their mortgages. The system is completely fucked mate. Well why don't tenants pay the fucking rent themselves instead of using tax payers money? Ever considered that? And housing benefit isn't paid to landlords it's paid to tenants. Many of whom fucking spend it instead of paying their rent. Then complain when they get evicted. Then trash the property.
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Post by trickydicky73 on Sept 3, 2019 19:29:14 GMT
Absolutely. However £9.4 Billion in tax payers money goes to private landlords every year in the form of benefit in many cases to help them pay their mortgages. The system is completely fucked mate. Well why don't tenants pay the fucking rent themselves instead of using tax payers money? Ever considered that? And housing benefit isn't paid to landlords it's paid to tenants. Many of whom fucking spend it instead of paying their rent. Then complain when they get evicted. Then trash the property. Speaking from personal experience, mate? Add to that, that not all landlords are loaded.
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Post by sheikhmomo on Sept 3, 2019 19:29:29 GMT
Absolutely. However £9.4 Billion in tax payers money goes to private landlords every year in the form of benefit in many cases to help them pay their mortgages. The system is completely fucked mate. Well why don't tenants pay the fucking rent themselves instead of using tax payers money? Ever considered that? Is that a trick question? Is it that the bloke who's charging them exorbitant rents is also paying them shit wages so the rest if us have to subsidise this wealthy individual?
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Post by thevoid on Sept 3, 2019 20:19:46 GMT
Hypocrisy 101 Just playing you at your own game, sugar tits
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Post by vokeswagen on Sept 3, 2019 20:24:47 GMT
Absolutely. However £9.4 Billion in tax payers money goes to private landlords every year in the form of benefit in many cases to help them pay their mortgages. The system is completely fucked mate. Well why don't tenants pay the fucking rent themselves instead of using tax payers money? Ever considered that? And housing benefit isn't paid to landlords it's paid to tenants. Many of whom fucking spend it instead of paying their rent. Then complain when they get evicted. Then trash the property. Housing crisis? What housing crisis?
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Post by mattyd on Sept 4, 2019 9:58:09 GMT
Well why don't tenants pay the fucking rent themselves instead of using tax payers money? Ever considered that? Is that a trick question? Is it that the bloke who's charging them exorbitant rents is also paying them shit wages so the rest if us have to subsidise this wealthy individual? But rents are capped for housing benefits. Sheikh, take off your blinkers for a second. For every rogue landlord there are probably a dozen good ones. Also for every shit employer there are probably 100 good ones. NOT ALL LANDLORDS AND EMPLOYERS ARE BOURGEOSIS PIGS.
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Post by Northy on Sept 4, 2019 11:14:55 GMT
No, I didn't say that
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Post by trickydicky73 on Sept 4, 2019 11:21:01 GMT
He's the worst of the lot. What a minge.
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Post by followyoudown on Sept 5, 2019 11:18:22 GMT
Back in the sewer that is Labour under Corbyn....
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Post by Northy on Sept 7, 2019 20:38:21 GMT
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Post by sheikhmomo on Sept 10, 2019 11:20:45 GMT
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Post by salopstick on Sept 19, 2019 19:22:35 GMT
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Post by The Drunken Communist on Sept 20, 2019 14:31:22 GMT
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Post by thevoid on Sept 20, 2019 15:07:38 GMT
He's a protest politician, nothing more. He's like a bloke who keeps going on about wanting a threesome and then getting flacid when it's offered on a plate
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Post by felonious on Sept 20, 2019 18:03:32 GMT
As long as the foot soldiers of Momentum are satisfied he's safe.
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Post by followyoudown on Sept 20, 2019 18:07:56 GMT
When Tim Farron can take the piss out of you......
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Post by followyoudown on Sept 20, 2019 19:24:05 GMT
The ice picks are being sharpened and local party is moving against harmon if she becomes speaker must be time for a shouty tweet from dear old Jess.
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Post by rogerjonesisgod on Sept 21, 2019 4:38:44 GMT
The camel doesn't come first...
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Post by partickpotter on Sept 21, 2019 7:40:16 GMT
The camel doesn't come first... It’s funny in a way. Blair must have thought he’d killed off the far left in Labour but now it’s taking back the party including revisiting Clause 4 which I understand Labour will be be debating at conference this week. Conference, especially prior to an imminent election, is where a party does its best to present itself to the electorate at large as a party they should vote for. It ain’t the place for internecine battles. Which is what Labour’s conference is shaping up to be.
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Post by wizzardofdribble on Sept 21, 2019 7:44:57 GMT
Labour wouldn't be Labour unless they shot themselves in both feet.
If they can't manage themselves how can they manage the Country?
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Post by trickydicky73 on Sept 21, 2019 8:34:36 GMT
Labour wouldn't be Labour unless they shot themselves in both feet. If they can't manage themselves how can they manage the Country? I think there is a case for getting rid of Watson, I just wish Jezza could be so decisive over Brexit!
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Post by wizzardofdribble on Sept 21, 2019 8:41:24 GMT
Labour wouldn't be Labour unless they shot themselves in both feet. If they can't manage themselves how can they manage the Country? I think there is a case for getting rid of Watson, I just wish Jezza could be so decisive over Brexit! There's probably a case for getting rid of Watson permanently Tricky. 😄
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Post by rogerjonesisgod on Sept 21, 2019 9:17:53 GMT
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Post by M on Sept 21, 2019 9:37:57 GMT
I think there is a case for getting rid of Watson, I just wish Jezza could be so decisive over Brexit! There's probably a case for getting rid of Watson permanently Tricky. 😄 I don't see how anyone can argue with it. A motion has passed and the party will decide if they agree with it. All this broadchurch thing is a little daft. You're right or left, left or right. You support something or you don't. I've seen Blair call it undemocratic today if it happens but it's the party that democratically decide if they want it to happen or not just like they initially democratically chose to put in him that role, they have the right to change that if they profoundly disagree with him. For myself and how I view Labour the arrival of Corbyn as leader has signified one thing over anything else and that is that the membership have started taking control back of the party. The membership are shaping policy like in no other. It was always intended on being a party for its members and they lost their way with it in recent decades which lead to a loss of many of its core vote. The membership may get some things right or wrong but it's the most democratic party in that respect and it's obviously clear that Watson stands for a lot of what the membership don't so they're seemingly talking with their ballot papers. Is it going to look bad on the party? Yeah but everything is jumped on by any opposite parties but they can't look worse than having party lines being one thing (referendum post general election) and then the deputy saying completely different. That and he is a massive cum stain.
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Post by followyoudown on Sept 21, 2019 9:51:38 GMT
Actual lol planning for corbyn to lose is already underway
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Post by Paul Spencer on Sept 21, 2019 9:51:44 GMT
There's probably a case for getting rid of Watson permanently Tricky. 😄 I don't see how anyone can argue with it. A motion has passed and the party will decide if they agree with it. All this broadchurch thing is a little daft. You're right or left, left or right. You support something or you don't. I've seen Blair call it undemocratic today if it happens but it's the party that democratically decide if they want it to happen or not just like they initially democratically chose to put in him that role, they have the right to change that if they profoundly disagree with him. For myself and how I view Labour the arrival of Corbyn as leader has signified one thing over anything else and that is that the membership have started taking control back of the party. The membership are shaping policy like in no other. It was always intended on being a party for its members and they lost their way with it in recent decades which lead to a loss of many of its core vote. The membership may get some things right or wrong but it's the most democratic party in that respect and it's obviously clear that Watson stands for a lot of what the membership don't so they're seemingly talking with their ballot papers. Is it going to look bad on the party? Yeah but everything is jumped on by any opposite parties but they can't look worse than having party lines being one thing (referendum post general election) and then the deputy saying completely different. That and he is a massive cum stain. The motion has been withdrawn. Thankfully.
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Post by M on Sept 21, 2019 10:07:58 GMT
I don't see how anyone can argue with it. A motion has passed and the party will decide if they agree with it. All this broadchurch thing is a little daft. You're right or left, left or right. You support something or you don't. I've seen Blair call it undemocratic today if it happens but it's the party that democratically decide if they want it to happen or not just like they initially democratically chose to put in him that role, they have the right to change that if they profoundly disagree with him. For myself and how I view Labour the arrival of Corbyn as leader has signified one thing over anything else and that is that the membership have started taking control back of the party. The membership are shaping policy like in no other. It was always intended on being a party for its members and they lost their way with it in recent decades which lead to a loss of many of its core vote. The membership may get some things right or wrong but it's the most democratic party in that respect and it's obviously clear that Watson stands for a lot of what the membership don't so they're seemingly talking with their ballot papers. Is it going to look bad on the party? Yeah but everything is jumped on by any opposite parties but they can't look worse than having party lines being one thing (referendum post general election) and then the deputy saying completely different. That and he is a massive cum stain. The motion has been withdrawn. Thankfully. It is what it is. I wouldn't lose any sleep seeing him off but if the NEC have agreed with the leader saying it shouldn't happen like this then fair play...
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