It's all smoke and mirrors. As Stan said, the top 1% is misleading. The super rich have everything arranged so that they minimise their liabilities, the others are tied by their employment so at the whim of their employers It has always been thus but makes great headlines
I doubt those who couldn't afford a pint would be going to the pub in the first place Taff. That 10th man could well own the pub and be laughing his tits off with all his money going in and offshore tax haven.
Starmer gives a ****. He needs to keep Deep Pocket in the UK. If there's an exodus of the most wealthy, he's either in austerity or heavily taxing middle Britain. Either way, he probably wouldn't get a second term.
We have had that even with the wealthy here so what's it matter. Where have you been for the last decade Goldy?
It would be worse, Bob. The super wealthy paid a huge proportion of tax, even during Tory austerity. You may not like them, but Starmer needs them
The economy is improving. Inflation is down but prices are high. Labour can't magic up money. They'll turn the screw on all taxpayers to pay for expenditure on public services, but if they take the piss out of the mobile wealthy with massive hikes, the golden goose will fly to America or similar
Inflation maybe down but the damage has already been done by this reckless government. They have already turned the screw to the point that the head snapped. That's even with the golden goose living here. It's the rich ****s that escape the taxing that we need to chase, it's the rich ****s that fleece the country that needs to pay the tax payers back. The country is ****ed. Just 0.001% Less corruption will be a start. I'm not a massive Starmer fan at all but a change is what's needed and it's a change we will get.
If you say so, but be prepared to chase the rich ****s down to the Bahamas, and have your corruption case ready
The analogy is surely no different from, and effectively equates to, the the poorest who can’t afford to pay any income tax - so the personal allowance shelters all (or part of) their income. That’s the free pint so to speak. As for the richer guy, they lose their personal allowance between £100,000 and £125,000 - in that band of income, the effective marginal income tax rate is 60%
Like I say, let's say the richest one owns the boozer and is making money on all the fools and hiding his profits offshore. There's always ifs and buts with analogys to suit whatever outcome one desires.
I’m not bothering voting this time - we are driving up to London on the 4th to go to Wimbledon on the 5th - having voted for both Labour and the Tories in the past, I’ve given up on them. The analogy is solely designed to show that those with the ‘fuller’ pockets pay more than those with less - so if there are tax cuts, having paid most tax, those with fuller pockets will benefit more. Doesn’t matter who owns the pub - although the wording does suggest that it is not the ‘rich’ guy.
Great that inflation is down but I'm sick of the idiots saying we will notice a difference in our pockets. Prices haven't come down FFS. They really are pandering to the thick.
2% is the Government’s target - the ‘sweet spot’ so to speak. Inflation at/around that level is good for the economy, jobs and gdp. The last thing we want is a period of deflation as Japan and its so-called ‘lost decade’ demonstrates.
if all the corporations and rich people all paid what they should and didnt use tax avoidance schemes then everyone might get to actually pay less tax be handy if plasterers etc didnt do cashies but that tax avoidance scheme dosent hurt anyone does it
