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May 28 2022 2.24am

Cost of Living Crisis

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View steeleye20's Profile steeleye20 Flag Croydon 10 Jan 22 12.05pm Send a Private Message to steeleye20 Add steeleye20 as a friend

What does the panel think.

I think Sunak's tax increases are doing nothing but damage and he knows it.

Keynes, dear Rishi, Keynes.

A wealth tax of 2% could produce 96 billions the rich do not pay their way.

QE could be used to stimulate the low-paid to buy.

There's plenty that could be done, but we should not shirk from re-balancing society imo.

As a left-leaning person I would like a move away from sitting on property to tax-breaks and incentives for our public service workers and low to normal income families who are being hit without any tangible benefit.

I would give Rishi the boot he is an economic dunce but Johnson in his present state is unlikely to.

Over to the wise sages of the HOL.

 

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View cryrst's Profile cryrst Flag Chatham 10 Jan 22 12.45pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by steeleye20

What does the panel think.

I think Sunak's tax increases are doing nothing but damage and he knows it.

Keynes, dear Rishi, Keynes.

A wealth tax of 2% could produce 96 billions the rich do not pay their way.

QE could be used to stimulate the low-paid to buy.

There's plenty that could be done, but we should not shirk from re-balancing society imo.

As a left-leaning person I would like a move away from sitting on property to tax-breaks and incentives for our public service workers and low to normal income families who are being hit without any tangible benefit.

I would give Rishi the boot he is an economic dunce but Johnson in his present state is unlikely to.

Over to the wise sages of the HOL.

Wealth tax?
Please explain as there must be a point it starts and stops.
Exactly who pays what is down to the rules in place.
I doubt labour would change much at the higher end either.
It will be like the motorist to khant. Easy targets on a lower paye.

 

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View The Dolphin's Profile The Dolphin Flag 10 Jan 22 12.51pm Send a Private Message to The Dolphin Add The Dolphin as a friend

Well - I certainly disagree that the wealthy do not pay their way.
The majority do the right thing and it is a proven fact that if you push too hard that it has the opposite effect.
I agree with taxing the large Companies that pay too little tax that's for sure.
I also know that many supposedly "well off" people are being squeezed hard - Middle Englanders as they are known - and that is causing issues in that their spending power has fallen which in turn raises less money for the Treasury.
However - even as a right leaning person I do accept that their are some real issues within our Society and that some people are really struggling right now.
Personally I would not raise the National Insurance this year - it is 12 months too soon after the pandemic in my opinion.
I would raise the lower tax threshold to help people out and I would hope that the energy price cap can be negotiated sensibly.

 

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View Wilesy01's Profile Wilesy01 Flag Bristol 10 Jan 22 1.17pm Send a Private Message to Wilesy01 Add Wilesy01 as a friend

Originally posted by cryrst

Wealth tax?
Please explain as there must be a point it starts and stops.
Exactly who pays what is down to the rules in place.
I doubt labour would change much at the higher end either.
It will be like the motorist to khant. Easy targets on a lower paye.

The original poster stated 2%.

You then criticise the opposition for taxing lower paid people (low emission charging in London has a lot to do with pollution) when the current Chancellor's plans are doing exactly that.

 

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View PalazioVecchio's Profile PalazioVecchio Flag south pole 10 Jan 22 1.37pm Send a Private Message to PalazioVecchio Add PalazioVecchio as a friend

a) employers find it difficult to recruit staff.

thus making it more expensive to do business.

thus they pass on the costs to the end customer.

b) minimum wage workers cannot afford to live in places like London. Rents are too high.


So, we must give the London Long-term unemployed the metaphorical kick up the hole they deserve. Cut their dole and make them get a job.

the longer they have been on the dole the harder the kick.

send them to live in dormitory accommodation in a village in the North of Scotland. Thus freeing up accommodation for taxpaying workers in our 'Hood.

Edited by PalazioVecchio (10 Jan 2022 1.41pm)

Edited by PalazioVecchio (10 Jan 2022 1.53pm)

 


7 points from Manchester this season

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View YT's Profile YT Flag Oxford 10 Jan 22 2.21pm Send a Private Message to YT Add YT as a friend

2% of what?
What is classed as "wealth"?
Who is liable?


 


Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes)

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View EverybodyDannsNow's Profile EverybodyDannsNow Flag SE19 10 Jan 22 2.27pm Send a Private Message to EverybodyDannsNow Add EverybodyDannsNow as a friend

Originally posted by PalazioVecchio

a) employers find it difficult to recruit staff.

thus making it more expensive to do business.

thus they pass on the costs to the end customer.

b) minimum wage workers cannot afford to live in places like London. Rents are too high.


So, we must give the London Long-term unemployed the metaphorical kick up the hole they deserve. Cut their dole and make them get a job.

the longer they have been on the dole the harder the kick.

send them to live in dormitory accommodation in a village in the North of Scotland. Thus freeing up accommodation for taxpaying workers in our 'Hood.

Edited by PalazioVecchio (10 Jan 2022 1.41pm)

Edited by PalazioVecchio (10 Jan 2022 1.53pm)

There is a huge gap between earnings in London and the cost of living - the numbers of employed people living in poverty is the highest it's ever been, so as much as all the tabloid rhetoric around making people get a job (like that's even possible) sounds great, it's really just posturing.


 

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View croydon proud's Profile croydon proud Flag Any european country i fancy! 10 Jan 22 2.29pm Send a Private Message to croydon proud Add croydon proud as a friend

It"s a race to the bottom unless you are one of the Eton mess and their chumocracy- this is going to bite this year, and bite hard! I actually think this rabble, who have stolen all the money-should have to be around to take the flak, a couple of years at least, at least those stupid people in the red wall up north are going to get some karma-that warms my cockles!

 

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View Palace Old Geezer's Profile Palace Old Geezer Flag Midhurst 10 Jan 22 3.06pm Send a Private Message to Palace Old Geezer Add Palace Old Geezer as a friend

Originally posted by croydon proud

It"s a race to the bottom unless you are one of the Eton mess and their chumocracy- this is going to bite this year, and bite hard! I actually think this rabble, who have stolen all the money-should have to be around to take the flak, a couple of years at least, at least those stupid people in the red wall up north are going to get some karma-that warms my cockles!

So CP, are you seriously saying that Corbyn's lot would have done better? I don't think so.

And the current financial situation has been compounded by the need to spend BILLIONS on this unprecedented bloody pandemic over the past couple of years.

 


Dad and I watched games standing on the muddy slope of the Holmesdale Road end. He cheered and I rattled.

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View PalazioVecchio's Profile PalazioVecchio Flag south pole 10 Jan 22 3.20pm Send a Private Message to PalazioVecchio Add PalazioVecchio as a friend

the poorest worker MUST SURELY have better life outcomes than the average dole-head, or the best off dole-head.

many dole-heads have friends & family shoving money at them, or a little 'cash in hand' earner on the side. And then think of the tons of leisure time they have, a late morning in bed seven days a week. Many single mums are not really single at all. But only for tax & welfare purposes. The dad of her kids (or the new boyfriend) is in circulation and earning while officially he lives on a sofa far away.

countries with a cheap 'cost of living' do not have legions of scroungers dragging everybody down. Poland, Serbia, Spain, China, India, Finland etc.

high cost of living = an out of control Welfare State. Sweden, Netherlands, Ireland.

Edited by PalazioVecchio (10 Jan 2022 3.27pm)

Edited by PalazioVecchio (10 Jan 2022 4.06pm)

 


7 points from Manchester this season

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View croydon proud's Profile croydon proud Flag Any european country i fancy! 10 Jan 22 3.48pm Send a Private Message to croydon proud Add croydon proud as a friend

Originally posted by Palace Old Geezer

So CP, are you seriously saying that Corbyn's lot would have done better? I don't think so.

And the current financial situation has been compounded by the need to spend BILLIONS on this unprecedented bloody pandemic over the past couple of years.

Oh yes, a lot better! The NHS was safer in his hands, he wouldn"t be selling it off through the back door-rumours abound of paying for your covid test soon? The chancellor meeting pharmos in California? And of course, the £47 thousand million going to the CONservative pm and his chums- remember his pal who got a £millions contract turning her dog food canning business into dog food and PPE are us? Yes, you might not like all his ideas, friends, or any at all, but the track and trace £36 million, stolen PPE £47 billion, and dropping the ball in the first two weeks-leading to over 150,000 deaths, would not have happened!

 

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View The Dolphin's Profile The Dolphin Flag 10 Jan 22 3.55pm Send a Private Message to The Dolphin Add The Dolphin as a friend

Nice rant - absolutely without proven facts but as jaw gnashing rants go that one is right up there!

 

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