Westminster Politics

finneh said:
Remember the Tapered Annual Allowance applies so people earning £360k+ per annum still only get tax relief on £10k pension contributions per annum (admittedly up from £4k per annum previously). Between £260k and £360k you "lose" £1 of tax relief for every £2 earned.

It would be very difficult to get tax relief on a pension pot above the £1.073m pre-budget limit whilst only getting relief on £10k per year.

It's a tax cut on the upper middle classes (and middle classes in London) rather than the very wealthy. Although "very wealthy" is subjective of course.
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£360k a year is very wealthy and it's a symptom of a broken economic system that that isn't necessarily thought of as being the case. If you're earning 10x the average salary, by anybody's view you should be considered very wealthy. I think when that law was proposed in Switzerland it was that nobody at a company should earn more than 12x what the lowest paid worker earned. I think the more recognised number might be 20x. Either way, you're well on your way towards that.
 
TwoSheds said:
£360k a year is very wealthy and it's a symptom of a broken economic system that that isn't necessarily thought of as being the case. If you're earning 10x the average salary, by anybody's view you should be considered very wealthy. I think when that law was proposed in Switzerland it was that nobody at a company should earn more than 12x what the lowest paid worker earned. I think the more recognised number might be 20x. Either way, you're well on your way towards that.
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The point was just that people on £360k per annum wouldn't benefit from the change. It's people on £125k - £250k who'll benefit the most (especially those with large, usually public sector, pensions on top).
 
finneh said:
The point was just that people on £360k per annum wouldn't benefit from the change. It's people on £125k - £250k who'll benefit the most (especially those with large, usually public sector, pensions on top).
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So in other words ministers and MPs with 2nd jobs. Great.
 
The Tories have been steadily rising in the polls the last few months. Don’t forget that they won the last election at a canter on the Brexit vote, and that’s exactly who they’re aiming at winning back with these anti-immigrant policies.
 
Sparky Rhiwabon said:
The Tories have been steadily rising in the polls the last few months. Don’t forget that they won the last election at a canter on the Brexit vote, and that’s exactly who they’re aiming at winning back with these anti-immigrant policies.
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They've also disenfranchised a good portion of the population that would vote against them in future elections. I saw the first advert today (a billboard) informing me that ID will be required before you can vote in the May elections. Spoke to many friends/family recently that have no idea it will be a thing from May elections onwards. Weird the adverts start appearing so close to the elections that anyone who doesn't have ID probably won't be able to get it (i.e. buy it as no free ones available [edit - unless you're a pensioner]) until after the election.
 
Sparky Rhiwabon said:
The Tories have been steadily rising in the polls the last few months. Don’t forget that they won the last election at a canter on the Brexit vote, and that’s exactly who they’re aiming at winning back with these anti-immigrant policies.
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Especially if they bring people in numbers over to Rwanda, it will be a problem for Labour to win.
 
Sparky Rhiwabon said:
The Tories have been steadily rising in the polls the last few months. Don’t forget that they won the last election at a canter on the Brexit vote, and that’s exactly who they’re aiming at winning back with these anti-immigrant policies.
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What?
 
cyberman said:
What?
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I'd love to believe these numbers. If the Greens could get more than just the one MP in and the Tories were crushed we might even have a fighting chance at getting some growth in the economy and putting some type of dent in our climate targets over the next few years...
 
Frosty said:
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Superden said:
Priti Patel alluding to corruption when discussing party gate and Boris and sue gray on a gb news clip earlier. How about someone from the left accuse her to her face if her corrupt ppe dealings. Then the world would cave in with outrage at the sheer audacity of accusing her.

The left need to start throwing punches the way the right do.
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They don't have the media behind them. There would be wholesale condemnation for such a statement.
 
711 said:
Neither am I but I think it's up to you to back up your original point, that 'The Tories have been steadily rising in the polls the last few months'. Is it true or not?
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They've been slowly rising since November yeah. They're currently at their highest since then according to the politico poll of polls.

Still a significant gap but Labour will need a 13% lead going into an election campaign, they've got an approx 19% lead today. I don't doubt the Tories will close that only question is by how much.
 
711 said:
Neither am I but I think it's up to you to back up your original point, that 'The Tories have been steadily rising in the polls the last few months'. Is it true or not?
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It's not quite steady and it's from an incredibly low base but...

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finneh said:
It's not quite steady and it's from an incredibly low base but...

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Thanks. The recent uptick is quite small then. Can't be arsed looking at what caused the November lows, it was always unlikely they would stay. But then again I try to never rule anything out in politics, been surprised too many times.
 
711 said:
Thanks. The recent uptick is quite small then. Can't be arsed looking at what caused the November lows, it was always unlikely they would stay. But then again I try to never rule anything out in politics, been surprised too many times.
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It was the mayhem of Truss. They were never realistically going to stay as low as they were in the polls at that time forever.
 
I think I need to go back to therapy, these lot are making me want to just walk in to the North Sea.
 
Pexbo said:
can someone point where the Tories took over?
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Well in fairness it was the financial crisis that first knackered things but it's 13 years of abject failure to grow wages since the Tories got in. We should all be grateful and make do and mend and all that other shit though apparently. Because obviously our sacrifice has led to stellar advances elsewhere such as on climate change, health, education and global security. :rolleyes:
 
Frosty said:
At least they are offering something. It is a lot easier to wage a culture war when the opposition's policy position is "yeah, you know, you are right, but we would be better at deporting refugees".
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Very true. The nodding dog approach!

Even if the tactic gets the, currently vacuous, Labour party into government they will have allowed the acceptable conversation to shift so far to the right they will struggle to make much difference. That's assuming they even want to make a difference, rather simply gain power at all costs then do nothing, like Keir Starmer did with the Labour leadership.
 
Not a great day for the met then. They probably haven't had a good day in years mind.
 
Fluctuation0161 said:
Looks like the xenophobic/racist/fascist culture wars are starting to work for the Tories then.
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The Tories definitely see the channel migrant issue as the key to staying in power.

Given the recent polling - that every age group with the exception of 18-24 (who don't really vote) supports a harsher stance; I can see why.

Not that any of their policies / rhetoric will have an affect on this; however I'm guessing the hope is the stronger the rhetoric the more they'll be seen to be tougher, without doing anything.

Hopefully people are smart enough to see though this, but I'm not convinced.
 
finneh said:
The Tories definitely see the channel migrant issue as the key to staying in power.

Given the recent polling - that every age group with the exception of 18-24 (who don't really vote) supports a harsher stance; I can see why.

Not that any of their policies / rhetoric will have an affect on this; however I'm guessing the hope is the stronger the rhetoric the more they'll be seen to be tougher, without doing anything.

Hopefully people are smart enough to see though this, but I'm not convinced.
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It’s the only thing they have left.
 
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