Tax Cuts Under Tories Or Tax Hikes Under Labour......

[ToraToraTora]

https://www.bbc.co.uk/news/articles/cpwgd1ngn8xo

Your choice!

[10ClarionSt]

In April, I received a rise in my state pension, but because the threshlold figure for tax has stayed the same, it means I pay the same amount as my pay rise, in tax, from my private pension, so I'm no better off. And my private pension isn't that great but it just, just, keeps me above the threshold for claiming Pension Credit. 

[newmodarmy]

I don't see how that can happen. The most you'll pay in tax on your state and private pension increases is 20% so you'll keep 80% of the rise.

[10ClarionSt]

I saw it happen last month.

[ToraToraTora]

10cs the rise was 8% right? Even if all of that goes over the threshold you'll keep 80% of the rise. Don't see how you can possibly arrive at those figures. Can you give us the actual figures?

[Gizmonster]

If the tax rises mean that the NHS, education, migrant crisis, potholes, etc get fixed ..... I'm all for them.

Looks like we might be getting another cut in NI contributions soon .... which if I remember correctly, equates to an average of £9 per week more in the average pay packet for every 1% cut .... WIT WOO !!

Even with these so-called tax cuts, the freezing of the tax threshold undoes most of this anyway.

I've been saying for weeks/months that these miserly cuts do nothing for the average worker ..... but all that money could make a huge difference ..... so long as it's allocated/spent wisely  :)

[newmodarmy]

It was probably a temporary incorrect tax code issue for 10 clarionstreet

[Untitled]

the british state needs to be strengthened if it is to get anything done or actually resolve this country's very real problems... the tories have been running an experiment over the last few years to see what happens if you invest next to nothing in infrastructure for years on end and the result is crumbling schools, collapsing public services and nothing working. hundreds of thousands of vulnerable people have died. 
 

austerity doesn't work and weak states by definition can't do anything which has left the population at the mercy of profiteers. i am quite happy to pay more tax for a better society than the one we have now. 

[ToraToraTora]

14:15 "...and weak states by definition can't do anything.. "

Never miss a chance to knock the country eh, why do you live here?

[Untitled]

 because i was born here and all my loved ones are here. i also care about this place and i'm not going to let a bunch of pilfering tories have it. 

[ToraToraTora]

ok but why do you talk the place down all the time?

[Untitled]

because i think it is badly governed. and i can say whatever i like about my own country thanks. i am not accountable to you for it. 

[ToraToraTora]

So it'll all be wonderful under Labour but the difference is I won't be running it down just because I'm not a Labour supporter.

[barry1010]

I've made a note of your last post, TTT.

Time will tell 😊

[New Judge]

"If the tax rises mean that the NHS, education, migrant crisis, potholes, etc get fixed..."

Butt those problems won't get fixed. Extra funding simply gets absorbed by extra waste. 

[ToraToraTora]

allow me to clarify, I will not be running the country down even if it is run but Labour. I may be critical of some of their decisions as I am with the Tories but I'm still a devotee of the nation, our history and contribution to the world.

[Untitled]

"I'm still a devotee of the nation, our history and contribution to the world.

so am i! we probably emphasise different things but i like the UK and think that it deserves better... if i hated it then i woulf be delighted with the last 14 years of misery. what you call "talking down" is just saying things you don't like. you do not get to decide what patriotism is or who gets to like what about the UK... you're nowhere near that important 

 

"Butt those problems won't get fixed. Extra funding simply gets absorbed by extra waste."

i am oversimplifying yes. but the uk's infrastructure has been cut to ribbons and left at the mercy of parasitic private companies who care only about generating value for their owners. the uk needs a stronger state  if it is going to get anything done and taxation is part of that.

[david small]

Throwing money at the corrupted and incompetent will not mend a broken untrusted system. Root and branch reforms needed.

[Untitled]

i agree! but the idea that you can actually do root and branch reform and not have it cost anything is absurd. if we want a state that can actually do anything then one way or another we all must be willing to pay for it

[davebro3]

//we all must be willing to pay for it//

But there are too many who are quite happy to take from the present system without giving anything back.

[Untitled]

what's your point? i agreed with you and then you say "but but but" lol