Westminster Politics

If Labour had got into power and presided over the highest COVID death rate in Europe, wasted billions of tax payers money on a failing track track trace system and spent millions on PPE that never turned up, all spent with companies owned by party donors the media would be up in arms.

And that is what is so frustrating. But, as history tells us, the electorate in England favour the Tories and not Labour. But there is no obvious logic as to why.
 
There's so many better ways to fund this - aside from the obvious "stop throwing money at fecking vanity projects in the South" argument. Raise inheritance tax, for starters. Stop letting bald feckers hoard billions just so they can saunter about saying "I'm the richest man in the world!".

The problem with all of the other options is that they're easy to hide from, whereas fecking over the average worker is easier.

The bare faced cheek of Boris saying this is needed for the NHS because of Covid. It's him and his party that have brought the NHS to it's fecking knees. And it'll apparently be shown on your tax bill as a "health and social care" tax, when we all know that not all of the money gained from is going to go near the NHS.
 
Ignoring the argument about the fact that it's a tax that will disproportionally affect the poorer, I don't get why they feel the need to make it a different tax from 2023 and move NI back down to the original level. It makes it more difficult for businesses, loads of software will need to change to take it into account and it's just more confusing than adding to NI.

It's not like it is a way of hiding future tax increases as it's identical to NI in that the employer pays some and we pay some. I don't get it.
They need to make it a different tax because people over the pension age do not pay NI whereas the plan is that - from 2023 when HMRC’s systems are updated - pensioners will have to pay this 1.25% tax on any employment income.
 
National Insurance is effectively capped at £50k. There was plenty of scope to make changes around that rather than a change that hits the lowest earners the most.
Employers National Insurance is paid at 13.8% regardless of salary (there are some exceptions for small businesses). This will go up by 1.25%.

Employee National Insurance is 12% on income above the earnings threshold, up to the higher rate band. This will also go up by 1.25%.

Higher rate taxpayers pay 2% NI on income above the higher rate band. This will also go up by 1.25%.

The upshot is that the wages of all employees (above the NI threshold) will attract an additional 2.5% in tax. The change is in effect neither progressive or regressive, but just pushing all tax bands up together.
 
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You've just gotta laugh :lol:

If we were chickens, the British public would vote for Christmas.
What incentive do the Tories have to stop? None at all.

Are you really surprised? The narrative for a good year and a half has been support/applaud/finance/back the nhs. People aren’t going to turn around now and oppose something that’s being presented as benefiting the nhs.
 
Are you really surprised? The narrative for a good year and a half has been support/applaud/finance/back the nhs. People aren’t going to turn around now and oppose something that’s being presented as benefiting the nhs.

Nope, i've been actively saying this country is full of idiots.
 
You've just gotta laugh :lol:

If we were chickens, the British public would vote for Christmas.
What incentive do the Tories have to stop? None at all.
If I was a chicken I’d vote for Christmas, just to feck over all the turkeys.
 
If I was a chicken I’d vote for Christmas, just to feck over all the turkeys.

Ah thats probably a cultural oversight on my part, my family only eat chicken & duck on christmas, I haven't eaten turkey since I was about 10 :lol:
You knew what I meant though!
 


You've just gotta laugh :lol:

If we were chickens, the British public would vote for Christmas.
What incentive do the Tories have to stop? None at all.

It's the same trick as "£350m for the NHS". No difference.
 
You're both crazy, turkeys are for New Year's Day. Christmas you eat either lamb ribs or pork, everyone knows that.

Leftovers, hangovers & regret are for new years day.

It's the same trick as "£350m for the NHS". No difference.

They'll keep getting away with it until the public wise up, which they wont.
 
Employers National Insurance is paid at 13.8% regardless of salary (there are some exceptions for small businesses). This will go up by 1.25%.

Employee National Insurance is 12% on income above the earnings threshold, up to the higher rate band. This will also go up by 1.25%.

Higher rate taxpayers pay 2% NI on income above the higher rate band. This will also go up by 1.25%.

The upshot is that the wages of all employees (above the NI threshold) will attract an additional 2.5% in tax. The change is in effect neither progressive or regressive, but just pushing all tax bands up together.

Is any tax actually regressive in policy? Genuine question, it's been many years since my A Level economics.

If a tax is by nature not progressive then by nature it hurts low earners with less disposable income most.

Edit: just refreshed myself on regressive tax, surely this is an example of one?

Further edit: everything I'm seeing on Google seems to agree it is regressive?
 
Are you really surprised? The narrative for a good year and a half has been support/applaud/finance/back the nhs. People aren’t going to turn around now and oppose something that’s being presented as benefiting the nhs.
Yep, and if they do have a problem with it and grow to loathe the NHS for being propped up by their taxes it'll make it easier to sway the public into agreeing that privatisation is the only solution.
 
Is any tax actually regressive in policy? Genuine question, it's been many years since my A Level economics.

If a tax is by nature not progressive then by nature it hurts low earners with less disposable income most.

Edit: just refreshed myself on regressive tax, surely this is an example of one?
Council tax is regressive.
 
Employers National Insurance is paid at 13.8% regardless of salary (there are some exceptions for small businesses). This will go up by 1.25%.

Employee National Insurance is 12% on income above the earnings threshold, up to the higher rate band. This will also go up by 1.25%.

Higher rate taxpayers pay 2% NI on income above the higher rate band. This will also go up by 1.25%.

The upshot is that the wages of all employees (above the NI threshold) will attract an additional 2.5% in tax. The change is in effect neither progressive or regressive, but just pushing all tax bands up together.
It is regressive given higher earners only pay 2% over £50k. They pay way less of their total pay as a % of earnings.
 
It is regressive given higher earners only pay 2% over £50k. They pay way less of their total pay as a % of earnings.
I was referring to the 2.5% change being neither progressive or regressive.

National insurance in isolation is regressive. It makes more sense to consider it alongside income tax though.
 
In theory, I'm for it, we are constantly complaing in this country that so many services are underfunded, we can't then complain if there is a tax rise to fund things.

Of course, I have severe doubts the money will be spent correctly. But in theory, I have no issue paying more tax for a better health service, especially after the last few years.

Then you don’t understand the proposal at all. It’s baseless, cruel, won’t work, and once again rewards the wealthy. It moves us further into worse terrain.

Uneducated folks in This country think that when ‘the rich get richer’ it includes them because they own property. They also think that because they own a house everyone can. My partner and I make ghastly sums that my parents could never dream of. We can’t afford to own something loveable. It’s horrific. I’m doing great. But why the Fcuk does anyone vote Tory? They’re disgusting ghouls on a personal enrichment program.
 
I was referring to the 2.5% change being neither progressive or regressive.

National insurance in isolation is regressive. It makes more sense to consider it alongside income tax though.
Fair enough. The cynical mindset behind this decision is a new level. I keep thinking that something has to give when the government keeps layering more and more shit on this country, but I'm not sure what, then realise they'll go up in the polls tomorrow regardless.
 
Fair enough. The cynical mindset behind this decision is a new level. I keep thinking that something has to give when the government keeps layering more and more shit on this country, but I'm not sure what, then realise they'll go up in the polls tomorrow regardless.
It’s like they’ve got the country in the political equivalent of a Chinese finger trap. The public that voted them in have argued themselves into a corner justifying their actions so many times that the more of this corrupt bullshit they pull, instead of turning on them and admitting their wrong, it only serves to force them to argue their case once again - entrenching them deeper into the Tory quagmire.
 
It’s like they’ve got the country in the political equivalent of a Chinese finger trap. The public that voted them in have argued themselves into a corner justifying their actions so many times that the more of this corrupt bullshit they pull, instead of turning on them and admitting their wrong, it only serves to force them to argue their case once again - entrenching them deeper into the Tory quagmire.
That sums up the Telegraph comment section I was just reading perfectly. They were variously arguing it was to pay for saving jobs through furlough, the NHS needed more on top of the £350m Brexit money a week (I'm certain plenty weren't joking) and using a hospital in Ireland costs you loads cos of the EU.
Contortionist level mental gymnastics.

The Tel column was slagging off the useless backbenchers for threatening to rebel then chickening out.
 
It does which is the real frustration.
But as I have mentioned, if enough people stopped consuming the media, that would have an effect. But we don't so it won't.
Media needs regulating. This, again would've happened under Labour, which partly contributed to the negative press coverage last election.

Why would the Tories regulate the media when they are in bed with them?
 

Very important distinction about shows how narratives are formed.
I will be brutally honest. I am struggling for sympathy. Apathy is more like what I am feeling.
This country voted for the party that imposed over a decade of austerity(by choice) with the biggest majority in decades and will continue to vote for the said party.
 
This is the just the beginning, the true cost of the last 18 months on the UK taxpayer is going to be truly staggering; but surely everyone realised that when they had their feet up furloughed at home?
 
Clueless question as always, what would be the other options to fund this shortfall other than the NI hike?
If you accept the government's premise that they need to raise around £12Bn a year in extra taxes, take your pick from the table below. Obviously, it's harder to get significant extra revenue from some taxes than others, and you need to take into account the behavioural impact of changes.
Forecast composition of government revenue, 2021–22
2021–22Receipts (£bn)Share of total government receipts
Income tax (gross of tax credits)198.224.2%
National Insurance contributions (NICs)146.817.9%
Value added tax (VAT)127.915.6%
Other indirect taxes82.710.1%
Fuel duties26.03.2%
Alcohol duties12.41.5%
Environmental levies10.21.2%
Tobacco duties9.61.2%
Vehicle excise duties7.00.9%
Insurance premium tax6.50.8%
Betting and gaming duties3.10.4%
Customs duties and levies2.90.4%
Climate change levy2.10.3%
Air passenger duty1.30.2%
Landfill tax0.70.1%
Aggregates levy0.40.0%
Soft drinks industry levy0.30.0%
Capital taxes30.33.7%
Property transaction taxes12.31.5%
Capital gains tax8.71.1%
Inheritance tax6.00.7%
Stamp taxes on shares3.40.4%
Company taxes42.65.2%
Corporation tax40.34.9%
Bank surcharge1.20.2%
Bank levy1.00.1%
Digital services tax0.40.1%
Diverted profits tax–0.10.0%
Petroleum revenue tax–0.20.0%
Council tax & business rates63.77.8%
Council tax39.94.9%
Business rates23.82.9%
Other taxes39.44.8%
VAT refunds22.82.8%
Licence fee receipts3.80.5%
Apprenticeship levy2.90.4%
Other small taxes9.91.2%
Total taxes731.689.3%
Non-tax receipts87.710.7%
Gross operating surplus58.77.2%
Interest and dividends25.13.1%
Other receipts and adjustments3.90.5%
Total government revenue819.3100%

https://ifs.org.uk/taxlab/key-questions/where-does-government-get-its-money?tab=tab-312
 
If my calculations are right, the marginal tax rate for some low income earners will be circa 40p for every £. Fecking hell!
 
If my calculations are right, the marginal tax rate for some low income earners will be circa 40p for every £. Fecking hell!
For someone on Universal Credit, the taper rate once they exceed their Work Allowance is equivalent to a marginal tax rate of 75%.
 
Media needs regulating. This, again would've happened under Labour, which partly contributed to the negative press coverage last election.

Why would the Tories regulate the media when they are in bed with them?

Not sure that I understand how regulating would work, or would even be practical. Take the BBC for example. It has proved almost impossible to regulate it with scandal after scandal.
They are supposed to be accountable to the license payers. But are they really.

I accept that the media in general are part of the problem.
But it is a fact that you get the government you deserve.
And an apathetic electorate deserves an incompetent and immoral government which is exactly what we have and may well continue to have.
 
If my calculations are right, the marginal tax rate for some low income earners will be circa 40p for every £. Fecking hell!

And if it were just 40% that would not be that bad. But take a few seconds to think about the multitude of other taxes you actually pay.
And when you have taken your last breath, remember that if you and your wife estate exceeds the inheritance tax threshold, whoever inherits it will be charged 40% whether you or they have been a high rate taxpayer or not. And that doesn't include Probate, which is yet another tax or capital gains tax.

40%+ is just for starters.
 
But it is a fact that you get the government you deserve.

At every GE I vote against the Government, but it still keeps getting back in...!

Once the Government gets its hands on your money, however it explains it, via direct or indirect taxation, you have no say in how its spent.
My father use to tell me that and add.... " one day people will wake up to that fact".... still waiting dad (wherever you are now)!
 
At every GE I vote against the Government, but it still keeps getting back in...!

Once the Government gets its hands on your money, however it explains it, via direct or indirect taxation, you have no say in how its spent.
My father use to tell me that and add.... " one day people will wake up to that fact".... still waiting dad (wherever you are now)!

Your father was quite right. But unfortunately, there are nothing like enough who even understand what is happening. And even less who care enough.
To your credit, I know that you do.
But how many of your friends and family do for example?
 
Whenever taxes are raised expenditure comes under more public scrutiny.

What should happen is Labour making sure all the dodgy Tory deals are highlighted, yet they won't.

Instead the public will be steered towards hating public sector pay rises and welfare. I predict in the next month or two we'll hear the "we can't give pay rises whilst asking the tax payer to pay more to save the NHS. We need to be prudent".

This is clearly terrible policy yet it'll embolden the Tories and be used against useless Labour.