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Post by LL Cool Dave on Oct 30, 2024 11:10:21 GMT
i didn't vote for this shit shower so didn't have any qualms in topping up my ISA . just wondering if any of you lefty hypocrites have done the same ? I didn't vote for any of the last 14 years. Democracy, innit? |
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Post by LL Cool Dave on Oct 30, 2024 11:11:21 GMT
would you poke Rachel Reeves Yes, I think I would. |
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Post by oggyoggy on Oct 30, 2024 11:20:11 GMT
would you poke Rachel Reeves Yes, I think I would. With red hair or dark hair? |
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Post by Gawa on Oct 30, 2024 11:39:22 GMT
The 6.7% rise in the minimum wage and the investment in the NHS will do more to redistribute wealth than any tax increases, but the tax increases will help. That's why Labour should stop apologising for them... Are you sure it will? I was earning less than £5 an hour as an 18 year old in 2009. Between then and now the minimum wage for 18 year old has went up 55%. . So can you explain how increasing a minimum wage redistributes wealth and show my evidence from the last 15 years which shows how this has reduced inequality and improved standard of living for the worst off? Especially given the minimum wage in the example above has actually went up by less than inflation.... Spoiler: It doesn't help inequality or redistribution of wealth. |
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Post by oggyoggy on Oct 30, 2024 11:54:37 GMT
The 6.7% rise in the minimum wage and the investment in the NHS will do more to redistribute wealth than any tax increases, but the tax increases will help. That's why Labour should stop apologising for them... Are you sure it will? I was earning less than £5 an hour as an 18 year old in 2009. Between then and now the minimum wage for 18 year old has went up 55%. . So can you explain how increasing a minimum wage redistributes wealth and show my evidence from the last 15 years which shows how this has reduced inequality and improved standard of living for the worst off? Especially given the minimum wage in the example above has actually went up by less than inflation.... Spoiler: It doesn't help inequality or redistribution of wealth. I guess the simplistic answer is that if you force people who employ the lowest paid in society to pay them a bit more, the lowest earners have a bit more money and the wealthier business owners a bit less. A small amount of wealth is therefore redistributed. |
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Post by salopstick on Oct 30, 2024 11:55:00 GMT
With red hair or dark hair? twos up with her sister |
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Post by oggyoggy on Oct 30, 2024 11:57:01 GMT
With red hair or dark hair? twos up with her sister Now we are getting to the real crux of this budget! |
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Post by shakermaker on Oct 30, 2024 11:58:43 GMT
would you poke Rachel Reeves Only if she screamed “No increase to employer NI” as she came. |
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Post by Gawa on Oct 30, 2024 12:02:59 GMT
Are you sure it will? I was earning less than £5 an hour as an 18 year old in 2009. Between then and now the minimum wage for 18 year old has went up 55%. . So can you explain how increasing a minimum wage redistributes wealth and show my evidence from the last 15 years which shows how this has reduced inequality and improved standard of living for the worst off? Especially given the minimum wage in the example above has actually went up by less than inflation.... Spoiler: It doesn't help inequality or redistribution of wealth. I guess the simplistic answer is that if you force people who employ the lowest paid in society to pay them a bit more, the lowest earners have a bit more money and the wealthier business owners a bit less. A small amount of wealth is therefore redistributed. Well then why has inequality risen so sharply and not subsided? Plus given that the minimum wage for 18 year olds hasn't increased at the same rate as inflation then it debunks that argument too. If a business is charging 70% more but increasing the wage of the lowest paid by less than that... no money is being redistributed. How much has the top 1% highest earners wages increased over the same period. I suspect its above inflation... So if top earners are increasing above inflation and low earners are increasing below inflation... Where's the wealth redistribution? |
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Post by questionable on Oct 30, 2024 12:08:26 GMT
Laughing and Joking they’re all shite
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Post by oggyoggy on Oct 30, 2024 12:08:55 GMT
I guess the simplistic answer is that if you force people who employ the lowest paid in society to pay them a bit more, the lowest earners have a bit more money and the wealthier business owners a bit less. A small amount of wealth is therefore redistributed. Well then why has inequality risen so sharply and not subsided? Plus given that the minimum wage for 18 year olds hasn't increased at the same rate as inflation then it debunks that argument too. If a business is charging 70% more but increasing the wage of the lowest paid by less than that... no money is being redistributed. How much has the top 1% highest earners wages increased over the same period. I suspect its above inflation... So if top earners are increasing above inflation and low earners are increasing below inflation... Where's the wealth redistribution? Because it is a million times more complex than how I broke it down! I guess to answer your point in the above post, had the minimum wage stayed the same and not increased, the gap between the highest incomes and lowest would have increased by even more. Raising minimum wage doesn’t necessarily redistribute wealth, but does make it a bit fairer at least for the lowest earners. You and I are in agreement about more taxation of the rich. I would do that by targeting capital more than income though. Capital taxation is how to best redistribute wealth. Imagine if every billionaire only had 1 billion, and everything else went into public services! It would solve a lot of problems in society, and the billionaires would still be rich beyond anyone’s wildest dreams. |
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Post by Gawa on Oct 30, 2024 12:18:42 GMT
Well then why has inequality risen so sharply and not subsided? Plus given that the minimum wage for 18 year olds hasn't increased at the same rate as inflation then it debunks that argument too. If a business is charging 70% more but increasing the wage of the lowest paid by less than that... no money is being redistributed. How much has the top 1% highest earners wages increased over the same period. I suspect its above inflation... So if top earners are increasing above inflation and low earners are increasing below inflation... Where's the wealth redistribution? Because it is a million times more complex than how I broke it down! I guess to answer your point in the above post, had the minimum wage stayed the same and not increased, the gap between the highest incomes and lowest would have increased by even more. Raising minimum wage doesn’t necessarily redistribute wealth, but does make it a bit fairer at least for the lowest earners. You and I are in agreement about more taxation of the rich. I would do that by targeting capital more than income though. Capital taxation is how to best redistribute wealth. Imagine if every billionaire only had 1 billion, and everything else went into public services! It would solve a lot of problems in society, and the billionaires would still be rich beyond anyone’s wildest dreams. Your third paragraph is pretty much what I was saying in response to Ariel the mermaid who said this: "The 6.7% rise in the minimum wage and the investment in the NHS will do more to redistribute wealth than any tax increases" They think increasing the wage of the lowest will do more to redistribute wealth than any tax increase. That's why I looked at the last 15 years where we have seen significant wage increases for the lowest earners but in terms of wealth the only redistribution has been the 1% amassing a greater percentage of uk wealth. Not the other way round. |
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Post by rickyfullerbeer on Oct 30, 2024 12:19:17 GMT
Angela Rayner’s wheels are atrocious
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Post by salopstick on Oct 30, 2024 12:30:48 GMT
Well then why has inequality risen so sharply and not subsided? Plus given that the minimum wage for 18 year olds hasn't increased at the same rate as inflation then it debunks that argument too. If a business is charging 70% more but increasing the wage of the lowest paid by less than that... no money is being redistributed. How much has the top 1% highest earners wages increased over the same period. I suspect its above inflation... So if top earners are increasing above inflation and low earners are increasing below inflation... Where's the wealth redistribution? Because it is a million times more complex than how I broke it down! I guess to answer your point in the above post, had the minimum wage stayed the same and not increased, the gap between the highest incomes and lowest would have increased by even more. Raising minimum wage doesn’t necessarily redistribute wealth, but does make it a bit fairer at least for the lowest earners. You and I are in agreement about more taxation of the rich. I would do that by targeting capital more than income though. Capital taxation is how to best redistribute wealth. Imagine if every billionaire only had 1 billion, and everything else went into public services! It would solve a lot of problems in society, and the billionaires would still be rich beyond anyone’s wildest dreams. due to the ridiculous decision to freeze tax allowances (tory) and extend it (labour) you are now bringing apprentices into the tax bracket and making the lowest earners pay more not morally right extend and raise tax allowances for lower earners and bin them for £100k+ |
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Post by iancransonsknees on Oct 30, 2024 12:32:30 GMT
Well then why has inequality risen so sharply and not subsided? Plus given that the minimum wage for 18 year olds hasn't increased at the same rate as inflation then it debunks that argument too. If a business is charging 70% more but increasing the wage of the lowest paid by less than that... no money is being redistributed. How much has the top 1% highest earners wages increased over the same period. I suspect its above inflation... So if top earners are increasing above inflation and low earners are increasing below inflation... Where's the wealth redistribution? Because it is a million times more complex than how I broke it down! I guess to answer your point in the above post, had the minimum wage stayed the same and not increased, the gap between the highest incomes and lowest would have increased by even more. Raising minimum wage doesn’t necessarily redistribute wealth, but does make it a bit fairer at least for the lowest earners. You and I are in agreement about more taxation of the rich. I would do that by targeting capital more than income though. Capital taxation is how to best redistribute wealth. Imagine if every billionaire only had 1 billion, and everything else went into public services! It would solve a lot of problems in society, and the billionaires would still be rich beyond anyone’s wildest dreams. It'd get pissed down the drain like it already is in most instances. |
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Post by rickyfullerbeer on Oct 30, 2024 12:38:03 GMT
The budget should be given in complete silence within the house. Total fucking circus.
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Post by oggyoggy on Oct 30, 2024 12:39:53 GMT
Because it is a million times more complex than how I broke it down! I guess to answer your point in the above post, had the minimum wage stayed the same and not increased, the gap between the highest incomes and lowest would have increased by even more. Raising minimum wage doesn’t necessarily redistribute wealth, but does make it a bit fairer at least for the lowest earners. You and I are in agreement about more taxation of the rich. I would do that by targeting capital more than income though. Capital taxation is how to best redistribute wealth. Imagine if every billionaire only had 1 billion, and everything else went into public services! It would solve a lot of problems in society, and the billionaires would still be rich beyond anyone’s wildest dreams. Your third paragraph is pretty much what I was saying in response to Ariel the mermaid who said this: "The 6.7% rise in the minimum wage and the investment in the NHS will do more to redistribute wealth than any tax increases" They think increasing the wage of the lowest will do more to redistribute wealth than any tax increase. That's why I looked at the last 15 years where we have seen significant wage increases for the lowest earners but in terms of wealth the only redistribution has been the 1% amassing a greater percentage of uk wealth. Not the other way round. It doesn’t make an above inflation increase to minimum wage a bad thing though (not saying you were but just making the point). |
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Post by oggyoggy on Oct 30, 2024 12:42:11 GMT
Because it is a million times more complex than how I broke it down! I guess to answer your point in the above post, had the minimum wage stayed the same and not increased, the gap between the highest incomes and lowest would have increased by even more. Raising minimum wage doesn’t necessarily redistribute wealth, but does make it a bit fairer at least for the lowest earners. You and I are in agreement about more taxation of the rich. I would do that by targeting capital more than income though. Capital taxation is how to best redistribute wealth. Imagine if every billionaire only had 1 billion, and everything else went into public services! It would solve a lot of problems in society, and the billionaires would still be rich beyond anyone’s wildest dreams. due to the ridiculous decision to freeze tax allowances (tory) and extend it (labour) you are now bringing apprentices into the tax bracket and making the lowest earners pay more not morally right extend and raise tax allowances for lower earners and bin them for £100k+ I’d be a fan of raising the thresholds. |
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Post by scfcbiancorossi on Oct 30, 2024 12:43:12 GMT
Get on with it ya useless twat.
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Post by rickyfullerbeer on Oct 30, 2024 12:43:28 GMT
When does the budget start?
First 10 minutes wasted with absolutely nothing announced.
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Post by questionable on Oct 30, 2024 12:45:28 GMT
When does the budget start? First 10 minutes wasted with absolutely nothing announced. It’s a farce between all parties, jumped up idiots having a jolly with the prime objective of avoiding telling the truth. |
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Post by rickyfullerbeer on Oct 30, 2024 12:48:26 GMT
When does the budget start? First 10 minutes wasted with absolutely nothing announced. It’s a farce between all parties, jumped up idiots having a jolly with the prime objective of avoiding telling the truth. Absolute mutants |
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Post by questionable on Oct 30, 2024 12:58:32 GMT
Didn’t Starmer oversee the The PO cases??
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Post by salopstick on Oct 30, 2024 13:00:22 GMT
30 minutes in - poltical bullshit and measures already announced
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Post by questionable on Oct 30, 2024 13:02:53 GMT
Doubtful nothing will be announced that’s already not out there, purposely leaked prior
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Post by Huddysleftfoot on Oct 30, 2024 13:04:35 GMT
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Post by iancransonsknees on Oct 30, 2024 13:05:12 GMT
It’s a farce between all parties, jumped up idiots having a jolly with the prime objective of avoiding telling the truth. Absolute mutants Fucking lawyers for you. |
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Post by oggyoggy on Oct 30, 2024 13:06:11 GMT
She is raising the income threshold after which you lose carer’s allowance which is a very good thing. |
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Post by oggyoggy on Oct 30, 2024 13:07:00 GMT
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Post by oggyoggy on Oct 30, 2024 13:08:44 GMT
Fuel duty frozen. And everyone was moaning that it wouldn’t be and they were going after car users….
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