Unmutual
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Does that make it morally ok? Would you sell a gun to someone if you knew they would use it to kill an innocent person? I don't know about you... but my conscience wouldn't allow it.
You'd think it's ok though because you made a few quid and if you didn't sell it them... they'd just get one from someone else! Don't think I'd be able to sleep at night personally.
It's a tax and spend manifesto, one I reckon probably wins them the leadership again after the election. Arguing for valence issues against it will be pretty tough in the face of the party members.
Sorry you've been through all that mate. You sound like a good bloke and I admire your optimism. Hope things continue getting better.The unfairness of things seriously, seriously depresses me. I NEED the joy I get at work - and the sertraline. Was close to clocking off for good at times when I was street homeless and realised I couldn't get my possessions back from my landlord after he illegally evicted me and took all my stuff, leaving me with the clothes I arrived home from work, with the main police station being closed due to underfunding and the fact that it was considered a civil matter and that legal aid had been removed. I had some quality stuff by the way, along with a lot of sentimentally valuable things from both deceased parents and from my kids when they were little. I struggle to type now, tbh, when I think about it. Yeah... today was good. *sips his stella in the beer garden*
Is diplomatic pressure not a more effective way of changing the course of foreign politics? What happens if the West walk away from dealings with Saudi Arabia and impose sanctions? Do innocent people stop dying and everything becomes perfect or do you see continued suffering and more instability like in North Korea?
Moral positions in global geopolitics are simple answers to hugely complex questions. Granted that the UK's current position is entirely self serving but that doesn't mean that walking away is the best thing to do.
This isn't the only increased worker cost, there's also the 4 bank holidays, end of zero hours contracts, doubled paternity pay etc, which all add to the cost of employment & reduce profits. The effect would be compounded in this case because Labour are proposing to take more of those profits via corporation tax too. I suspect the twin pressures on profits of increased cost of doing businesses and increased corporation tax would result in businesses reducing staffing levels (and investment) to sustain their profits, which increases unemployment and increases benefits costs.
Who knows, it could be that the whole lot evens out in the end, or even ends up with a net gain for the Government, its the kind of thing you can model. I just get the sense Labour aren't modelling this stuff though, they're just assuming.
Labour believes in fair rules and reasonable management of migration.
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According to the Bank of England... public holidays are roughly economically neutral as the cost of lower productivity is offset by increased spending on those days. As I've said before... employment costs will go up but spending will too. Austerity and stagnating wages have hardly helped the economic recovery in this country as you will have noticed. Maybe it is time to try something different and I don't think the proposals should be dismissed as having a negative economic impact when it's not a zero sum game. Corporation tax was significantly higher 20 years ago and yet growth in GDP was good.
In the case of France their labour laws absolutely cost the economy. They make it so costly to invest in people that businesses have rather invested in automation, whilst this has caused an increase in their productivity but has also caused a chronic unemployment problem for decades. Macron aims to significantly decrease their corporation tax levels too and deconstruct other labour laws to finally modernise their economy.
We are leaving the EU either on reduced trade terms or significantly reduced trade terms. Walking away from one of our largest export markets, at this time, is stupid frankly.
Have some morals, let's not help them kill people for money
I have already been through this with zupzup.
Corbyn's position would be meaningless in real terms to the people of Yemen. Moral positions are simplistic against complex geopolitical situations.
Should Corbyn not use the diplomatic leverage that the UK has through trade relations to try to influence SA into being better global citizens, or at least try as a first measure?
Sounds like he and his followers are primarily concerned with maintaining their own perceived sense of moral purity. See his vote on the 1999 military intervention in Kosovo for an example.
Because we can!Whats the point in re-nationalising the royal mail?
The Conservative government's privatisation of Royal Mail was a historic mistake, selling off another national asset on the cheap. Labour will reverse this privatisation at the earliest opportunity, because it is a profitable company that should still be giving a return to the many not the few, and because key national infrastructure like a postal system is best delivered in public ownership.
Whats the point in re-nationalising the royal mail?
Because we can!
The passage in the manifesto is here anyway (this is the only mention I can find):
Well when you put it like that perhaps we should lift all other sanctions? Tough times ahead why not sell to more regimes.
As for the corp tax point, to what level do you think we ahould lower it to for competitive advantage? What is the maximum you think we can tolerate without significant impact?
Do we impose any unilateral sanctions on any other country?
Corporation tax increase is just part of a broader range of measures that will make the UK unattractive to investors in the light of Brexit. @Unmutual listed a more detailed explanation.
It's one of those things that poll well but no-one actually cares about. But it'll be ideological for Corbyn and McDonnell.I kind of expected something like that. Stuff like rail and electricity are very difficult topics. Both sides have good arguments and it is not entire clear which model is the best. Yet the privatisation of mail services was unambiguously successful in other countries. The majority of concerns, that support public ownership, simply don’t apply.
North Korea? Iran i think was lifted but im sure there must be others, African countries perhaps. Point still stands though you fine with us flogging more or is it just the status quo you like?
I don't think people should be making claims about the effects of raising as negative and lowering positive unless they hold a position on the rates. Unless the current rates just so happens to fit in with your ideal? Otherwise you're just saying "i dont know the what best rate is but it definetely shouldn't change".
Do you think we should lower it further?
The same reason we have any public services i imagine, ensure decent services in this case to the country folm. Its not an issue i particularly care about compared to rail and energy tbh.
The sale was a huge mistake particularly around the pensions but i don't think that means it should be reversed.
I don't know how it could be implemented, but I feel it would be only fair for all companies and corporations that operate in the UK to actually pay the same taxes on profits made in the UK - regardless of onshore/offshore status. Big business currently has a massive and unfair competitive edge over UK based SMEs.Do we impose any unilateral sanctions on any other country?
Corporation tax increase is just part of a broader range of measures that will make the UK unattractive to investors in the light of Brexit. @Unmutual listed a more detailed explanation.
@Denis Irwin
Your graphs also show that we would be uncompetitive against several EU member states, the states that will be trying to entice companies away from the UK after Brexit.
Labour want to increase the corporation tax rate above several EU countries, these countries will be looking to entice business away from the UK after Brexit so yes we might have to lower it further than it is currently.
Ok, so we lower corporate tax even further... after all, Ireland is only 12.5% and have the benefit of the single market. We want to be competitive, no?! Do you think there will be no recriminations from getting into a battle with our European neighbours over corporate tax rates? Suddenly we'll soon find the EU, in retaliation for us lowering the corporate tax rates decide to increase tariffs on UK goods and services to entice investment away. Do we then lower our rates even further to remain competitive? There will be no winners in this.
What would an election-winning manifesto look like to you?In the event of a hard Brexit the WTO would set the tariffs.
All this debate is frivilous though, the manifesto, to me, is clearly designed to retain control of the Labour party and not to win this election.
What would an election-winning manifesto look like to you?
What would an election-winning manifesto look like to you?
Nuclear bomb R&D as a Saudi client. After all the odds of them using it are minuscule, so no one gets hurt, Britain will get lots of money, and diplomatic ties with a valuable ally will be strengthened. Use that to pay for a corp tax reduction.
I have already been through this with zupzup.
Corbyn's position would be meaningless in real terms to the people of Yemen. Moral positions are simplistic against complex geopolitical situations.
Should Corbyn not use the diplomatic leverage that the UK has through trade relations to try to influence SA into being better global citizens, or at least try as a first measure?
Sounds like he and his followers are primarily concerned with maintaining their own perceived sense of moral purity. See his vote on the 1999 military intervention in Kosovo for an example.
One that had policies that were realistic in the face of Brexit. Brexit being an unprecedented economic upheaval which makes Corbyn's proposed levels of public spending seem fantastical.
One that doesn't look like it is trying to tickle the balls of every liberal pressure group and demographic in the UK.
It’s certainly transformative what the Labour Party is suggesting here, and I think it’s important to be clear that this is not just about tax and spending; this is about the state getting deeply involved in much more of the private sector than it has been, certainly since the 1970s, and perhaps since the 1940s, with respect to, say, telling banks which branches they can’t close; setting minimum wages for a quarter of private sector workers and about 60% of young people, and dramatically improving labour regulation. All of those things are utterly different from anything we’ve experienced in many, many decades.
If you take what’s here at face value, then much of it I think is unprecedented even in the 1970s. This is a level of state intervention that probably goes back more decades than that.
...
We clearly know from today’s leaked Labour manifesto that they’re looking at spending a very, very large amount more than the Conservatives will. We’re looking about an additional £25bn a year on infrastructure spending; an additional £10bn a year or so to cover the impact of getting rid of university tuition fees; we’ve already heard that they’re looking at spending another £7bn or £8bn on other aspects of education. And then, I’m afraid I haven’t got through the rest of the manifesto, but there’s obviously an awful lot other promises in there. How much that adds up to, I don’t know.
On the tax side Labour have suggested a very big increase in corporation tax – increasing it by about 40%, about one percentage point of national income, which we were quite amused to see they’d described in their manifesto as asking companies to pay a little more. And they’ve said that they will increase tax on those earning over £80,000 a year but we have no details of that yet.
That is, in terms of taxes and spending, a dramatically different picture.
How did you get hold of the Tory manifesto?Nuclear bomb R&D as a Saudi client. After all the odds of them using it are minuscule, so no one gets hurt, Britain will get lots of money, and diplomatic ties with a valuable ally will be strengthened. Use that to pay for a corp tax reduction.
Surely in the face of a massive Brexit induced downturn a public spending splurge will be required?