Isn't the capitalist system all about risk and rewards? Why would anyone fortunate enough to have the means to make such an investment not consider that a democratically elected government, ran by a party that has openly had this policy on their agenda for years, would enact it's policies before making such a financial commitment? If you decided to make a luxury purchase commitment that you can no longer afford, doesn't the capitalist system say that's tough luck? Maybe they should just "work harder", cancel Netflix, and stop buying Avocados? Can you not feed yourself for as low as 30p these days?
Unlike the vast majority of people 20 years my junior, I am fortunate enough to be a homeowner. There's stress tests in mortgage applications these days, just in case crazed and ideologically driven maniacs like Liz Truss or Nigel Farage come along and drive the economy off a cliff and interest rates sky rocket. If I overstretch myself and go for that extra nice house with the west facing garden and then loose my job, me and the kids would be kicked out on the street wouldn't we?
I whacked a few quid into a company I thought would turnaround a few years ago and it went bust. Kissed goodbye to the money.
That's fair game and what the system is designed to do isn't it?
It's absolutely a valid argument if you are lucky enough to be able to make a luxury purchase that you can now no longer afford and therefore have to cut back. It's what most normal people have been doing for years with food and electricity. Thank goodness, unlike food and electricity, the state provides education free at the point of use. A provision that is planned to be enhanced by this price increase.
Fortunate enough like me to enjoy luxuries? Great. But pay your taxes.
It's too bad that not enough them are VAT registered. They better get their skates on like every other organisation that has to pay it. If HMRC don't have the workforce to collect taxes, then maybe more taxes should be paid to fund them so that they can do so?
Any more tax avoidance loopholes you want to try and flog? Didn't Paul Daniels, Frank Bruno, and HSBC threaten to bugger off over tax? Only Phil Collins, and eventually Jim Davidson left in the end (the latter prick stayed around for 7 bloody years!). Ah well, bye bye Phil and Jimmy Boy. Good riddance.
Yes a capital system is based on risk v reward but fortunately that doesn’t apply to tax.
The government cannot alter tax rates and then pre date them otherwise they could be coming after you for 10% increase in income tax from 1980.
Any judge (and this will end up in court) has to take a reasonable view and according to my lawyer that means a judge is likely to see any payments made before the election and clearly stipulated as fees for specific years as not liable to any tax changes. (It’s not impossible but would set a precedent that is not going to look favourable on any incoming administration, even Russia and Iran don’t predate tax changes)
I can only go on his advice so I have now paid in full now for remaining years to effectively manage my tax affairs.
Now moving on very interesting to hear of Mr Starmer’s six priorities for government.
First off stabilise the economy, errm I don’t know if anyone has noticed but the economy seems to be stabilising itself right now, inflation at 2% and growth slowing growing. We don’t need any intervention here.
Second cut NHS waiting lists by enabling 40,000 more appointments per week, sounds impressive right? But with more than 50,000 GP’s alone that less than one extra appointment per GP per week, that’s not even going to touch the surface.
Third launch a new boarder force to smash criminal smuggling gangs, again sounds good but how exactly? Firstly they aren’t operating in the UK so there is no jurisdiction, it will solely rely on the French police and they also have there hands tied by their own laws.
Exactly how is Sir Kier going to impose our new border force on France and its laws?
Fourth up is Great British Energy which even I agree should be a good idea, however as always the problems start in the details.
It will be a solely green energy supplier to industry not a direct supplier to the great british public, it will invest (tiny amounts) in new energy supply which largely hasn’t been invented yet so it will be decades before anything of any use if ever comes out of this costly (although not costly enough) white elephant.
In reality it should be something along the lines of Octopus Energy selling to the public and then investing in offshore wind farms / gas / nuclear / developing wave technology for the supply arm but it won’t be.
Five, crack down on antisocial behaviour by introducing more neighbourhood policing.
No figures here so it’s hard to rip apart but I think we all know what they are talking about here more PCSO’s not real Police.
The problem here is not actually numbers of police but the courts and how they handle these toe-rags, interesting they talk of tough punishments but nothing in any details.
We all know crime pays, especially for barristers which yep you guessed it what is Sir Kier’s profession?
And lastly number Six the good old recruit 6500 new teachers (quite where they are going to come from? Maybe they planted some teacher trees) paid for by removing the tax breaks on private schools (there is no tax breaks by the way)
So again with around 25000 state schools in the UK that’s roughly a quarter of a teacher per school, I really hope that going to improve young Tyrone’s education but unfortunately it isn’t, it won’t make a dot of difference.
We deserve better from our politicians but we won’t ever get it, career politicians only interested in themselves, no real plan to improve this country for the better just interested in lining their own pockets and saying anything to achieve power.
We have never had a worse bunch of politicians, I can’t call them leaders as not one of them could actually lead something of any meaning.
