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the snap general election thread

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Comments

  • Very true. I've said that before that the only poll that matters is the polling day results



    Again, very true. Every day in this election campaign, its not appearing to be good news for the "weak and wobbly" Conservatives ;)
    You may indeed be correct and time will tell, but the important word to note in your response there above is "appearing".
    We all know that appearances can be misleading. ;)
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Moby wrote: »
    I think we should borrow a lot of money and leave it for people like you to worry about.


    There aren't enough people like me and again the LP will end up with less tax not more.

    Again - it's the Laffer curve

    laffercurve.gif

    when Osborne lowered taxes from 50% to 45% he got more money not less.
    George Osborne says top earners paying £8bn more tax after 50p rate cut

    Chancellor says figures vindicate decision to reduce top rate of income tax
    https://www.theguardian.com/politics/2016/mar/01/george-osborne-claims-cutting-50p-tax-rate-has-increased-take-by-8bn
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    You may indeed be correct and time will tell, but the important word to note in your response there above is "appearing".
    We all know that appearances can be misleading. ;)

    Maybe these polls are a good thing - maybe turnout will be high. No complacency.
  • masterwilde
    masterwilde Posts: 270 Forumite
    theresa may is a liar - fact

    the laffer curve depends on which country your in and the optics you apply.

    the conservatives have broken the social services of this country

    as for corbyn with the ira, lets not forget maggie thatcher with a certain general.
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    edited 1 June 2017 at 4:25PM
    Moby wrote: »
    I think we should borrow a lot of money and leave it for people like you to worry about.

    The quickest way for the higher paid to avoid high marginal tax rates is to chuck their money in a pension.
    Pension contribution can help avoid new higher rate tax
    http://www.actuarialpost.co.uk/article/pension-contribution-can-help-avoid-new-higher-rate-tax-185.htm

    This is even more worthwhile when a government increases the marginal tax rate - effectively the government give you more!

    Not as easy as it used to be because Osborne lowered the size of pension pots and tapering.

    If Labour win I will definitely be looking for ways to maximize my pension contributions.
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    theresa may is a liar - fact

    the laffer curve depends on which country your in and the optics you apply.

    the conservatives have broken the social services of this country

    as for corbyn with the ira, lets not forget maggie thatcher with a certain general.

    As I say, the sky (probably) won't fall in if the LP win - we will just build up more debt.
  • Filo25
    Filo25 Posts: 2,140 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    setmefree2 wrote: »
    The quickest way for the higher paid to avoid high marginal tax rates is to chuck their money in a pension.

    http://www.actuarialpost.co.uk/article/pension-contribution-can-help-avoid-new-higher-rate-tax-185.htm

    This is even more worthwhile when a government increases the marginal tax rate - effectively the government give you more!

    Not as easy as it used to be because Osborne lowered the size of pension pots and tapering.

    If Labour win I will definitely be looking for ways to maximize my pension contributions.

    I suspect Labour would remove higher rate tax relief on pension contributions as well, they would know full well they are asking for increased contributions from the affected groups otherwise.
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Filo25 wrote: »
    I suspect Labour would remove higher rate tax relief on pension contributions as well, they would know full well they are asking for increased contributions from the affected groups otherwise.

    Apparently not - so far.

    I am however fully snared by the pension taper.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    setmefree2 wrote: »
    Maybe these polls are a good thing - maybe turnout will be high. No complacency.




    I signed up to Yougov to participate in polls. I gave careful answers that all implied I was just a middle of the road non too interested voter, merely signed up to collect points for the Yougov cash prize draw.


    Pollsters are more interested in swing voters and non political anoraks that did vote last time.


    I did this to support the Labour voting intention numbers as I want to motivate Tories to get the vote out.


    I wonder how many others did so.............
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Conrad wrote: »
    I did this to support the Labour voting intention numbers as I want to motivate Tories to get the vote out.

    I wonder how many others did so.............

    My guess would be about none.
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