Labour again...

Johnnyboy11

Paul_Herring wrote: »

Anyone sacrificing down to the National Living Wage will not be getting 40% tax relief on wages below £50K. It's 20%. At a push, if you're including NI, it's at most 32%. (And on wages above £50K on the same basis it's 42%.)

Remember the poor contractors who now find themselves "Inside IR35", who also have to pay their own Employer's NI, in addition to the usual deductions.

michaels

Paul_Herring wrote: »

I'm fairly certain that a great deal of thought and detail have gone into it.

Especially the bits about "not frightening the horses" and "cans being kicked down the road."

Perhaps you could help to explain to McDonnell where the £58bn WASPI money is coming from them?

Mr McDonnell said it would be funded by a "very special arrangement, a contingency, in the same way government in the past has dealt with matters in the past like this".

I'm sure confiscating (an initial - who knows what other raids might be mounted - perhaps another 10% to save the NHS?) 10% of all UK shares and increasing corporation tax will not in any way dissuade people form holding UK equities or impact on their value.

Paul_Herring

I'm sure confiscating (an initial - who knows what other raids might be mounted - perhaps another 10% to save the NHS?) 10% of all UK shares and increasing corporation tax will not in any way dissuade people form holding UK equities or impact on their value.

It's up to 100% of shares in some companies.

badmemory

Anyone who thinks any of this is going to happen before next year is out is living in cloud cuckoo land. These policies are going to take years & years to put into action. It has taken 3.5 years so far with Brexit & we are still nowhere near there thankfully. I suspect that the first items on the todo list will be renationalising utilities, which lets face it have been a total nightmare for a few years. Smart meters - well don't get me started. Then hopefully internet access. There are too many people especially children disadvantaged by not being able to afford access or not even being able to get access.


I would actually prefer the internet thing to be sorted first. With more children being required to send their homework online. They used to be able to do it at our local library, that went last year, as did well over half of the local libraries. We are now down to 4 libraries when there were 14 at least.

MaxiRobriguez

Labour won't win a majority so I wouldn't even bother worrying about it when both Lib Dems and Tories will vote any minority-Gov Labour proposals down.

In the <1% of a Labour outright majority, it would still be a very, very slim majority, and any proposals which would impact salaries that can be earned by the middle class would likely be voted down.

On the other end of the coin, having Labour as a strong opposing force is a good thing, as that could help prevent some of the more extremities being peddled by the Tory side, like raising the state pension age to 75 in one swoop and trashing centuries old democratic norms...

Paul_Herring

I would actually prefer the internet thing to be sorted first.

When the government, of any stripe, can be shown to be an effective method of delivering $THING, then that's when I'll accept that the government should be doing the internet thing.

Unfortunately, there are far too many examples of government being unable to effectively deliver things that this is something they should be keeping their hands off.

- Government handing out 'free' money? Nope - that's (one of the reasons) why we have foodbanks.
- Government sorting out taxation? Nope -
- - Have you seen how Tolleys has grown over the years?
- - How many companies abiding by the letter (and, for some, the actual spirit) of the law get lambasted for "avoiding/evading tax."
- Government handling public transport. HS2. More recently: Uber in London.

So, no. Until government can be shown to have a track record of not screwing things up, at great cost to the taxpayer, they need to keep their hands off things private sector already does. While the private sector may not be getting things perfect, there's no way I'd trust the government to be doing it any better.

michaels

badmemory wrote: »

Anyone who thinks any of this is going to happen before next year is out is living in cloud cuckoo land. These policies are going to take years & years to put into action. It has taken 3.5 years so far with Brexit & we are still nowhere near there thankfully. I suspect that the first items on the todo list will be renationalising utilities, which lets face it have been a total nightmare for a few years. Smart meters - well don't get me started. Then hopefully internet access. There are too many people especially children disadvantaged by not being able to afford access or not even being able to get access.


I would actually prefer the internet thing to be sorted first. With more children being required to send their homework online. They used to be able to do it at our local library, that went last year, as did well over half of the local libraries. We are now down to 4 libraries when there were 14 at least.

I recently signed up for 4gb month phone contract for £1.83pm after cashback including a handset that can act as a WiFi hotspot. I would say this was much more data than my kids use on homework per month and completely affordable but perhaps you see things differently?

In remotest Devon my parents get ADSL broadband at only 2mbs for a tenner a month including line rental which it turns out is fast enough to stream.

Triumph13

badmemory wrote: »

I would actually prefer the internet thing to be sorted first. With more children being required to send their homework online.

There is a big difference between believing that the state has a responsibility to ensure that everyone can have broadband, and believing that the state should take over provision of broadband to everyone.
If we find that there is a genuine problem with children and jobseekers being disadvantaged by not being able to afford internet access, and that that could be solved by providing them with free internet access,* then the simple solution is a hypothecated means-tested benefit that has to be spent on broadband access with the market competing to provide cheap broadband packages within that budget.

*I'm happy to believe that there may well be a genuine problem and that it will get worse as more and more things move online. Internet access alone won't fix that though as you also need hardware to access the internet with.

[Deleted User]

I would actually prefer the internet thing to be sorted first.

Corbyn should be good at sorting it out. Him and his friend Gerry know lots of people who are good at wiring.

Silvertabby

Deleted_User wrote: »

Corbyn should be good at sorting it out. Him and his friend Gerry know lots of people who are good at wiring.

Sadly, that's too true to be funny !