Starmer's vision quest

[Deleted member 49]

Who are the wealthy? How are you going to Tax them and by how much? What are negatives consequences of doing this?

The negative consequences of this are that the better off amongst us start paying their fair share...43.5% of total UK wealth is owned by the top 10% of people.
Bit of wealth redistribution wouldn't go a miss.

View: https://twitter.com/RichardJMurphy/status/1699308757816422547?t=dpV8pcIkFoNoDi0J0g4ZTg&s=19

 

[Deleted member 49]

Vote Green...according to Tool though nobody else has the knowledge 😂

View: https://twitter.com/TheGreenParty/status/1699429824782119369?t=55cX9xHE7Jhj9HMKIY2asA&s=19

 

[multitool]

The negative consequences of this are that the better off amongst us start paying their fair share...43.5% of total UK wealth is owned by the top 10% of people.
Bit of wealth redistribution wouldn't go a miss.

View: https://twitter.com/RichardJMurphy/status/1699308757816422547?t=dpV8pcIkFoNoDi0J0g4ZTg&s=19

Who are the top 10%?

You'll find they aren't the people you think they are. Also the top 1%. Guess who is in there...GPs, some Headteachers.

 

[Deleted member 49]

Who are the top 10%?

You'll find they aren't the people you think they are. Also the top 1%. Guess who is in there...GPs, some Headteachers.

Really...do you think I value a head teacher more than someone making minimum wage ?
Progressive taxation,everyone paying their fair share.Mad as it sounds it's even a vote winner by the sounds of it.

View: https://twitter.com/YouGov/status/1696466919132471441?t=-hU01IILdTrgDx8Qvgs-CQ&s=19

 

[BoldonLad]

Who are the wealthy? How are you going to Tax them and by how much? What are negatives consequences of doing this?

I know my memory is not what it was, but, I feel that question has been asked a few times before. Wasn't answered then, and, I very much doubt it will be answered this time either.

 

[multitool]

I know my memory is not what it was, but, I feel that question has been asked a few times before. Wasn't answered then, and, I very much doubt it will be answered this time either.

You never, ever get an answer from Adam.

 

[Deleted member 49]

I know my memory is not what it was

I thought that's why you kept you're spreadsheets/old gas bills on the computer?

Wasn't answered then, and, I very much doubt it will be answered this time either.

Anyone earning say above 100 grand can afford to pay a little more tax to help others,would you not agree ? Im sure they'd like better public services themselves.

 

[BoldonLad]

I thought that's why you kept you're spreadsheets/old gas bills on the computer?

Anyone earning say above 100 grand can afford to pay a little more tax to help others,would you not agree ? Im sure they'd like better public services themselves.

Hurrah, we have an answer. Take note @multitool please. That 5% of the population are going to have to do some heavy lifting simply to fund Blackpool.

As of 2020, approximately 2,500 households with annual income over £100,000 pa, according to the census data.

https://www.ons.gov.uk/peoplepopula...han100000inlondonandukfinancialyearending2020

Not sure I actually believe those figures by the way, since I personally know at least four such households

 

[Deleted member 49]

Hurrah, we have an answer. Take note @multitool please. That 5% of the population are going to have to do some heavy lifting simply to fund Blackpool.

As of 2020, approximately 2,500 households with annual income over £100,000 pa, according to the census data.

You don't think anyone should pay more tax ? Odd that you think it should only be for Blackpool,personally I'd share the extra around to those in need.
I've a idea call it progressive taxation,it could go up with the more you earn.

 

[BoldonLad]

You don't think anyone should pay more tax ? Odd that you think it should only be for Blackpool,personally I'd share the extra around to those in need.
I've a idea call it progressive taxation,it could go up with the more you earn.

Where did I say that I didn't think anyone should pay more tax?

I. don't think it should only be for Blackpool, Blackpool was an example, since you had already quoted the size of their budget cuts.

 

[C R]

I thought that's why you kept you're spreadsheets/old gas bills on the computer?

Anyone earning say above 100 grand can afford to pay a little more tax to help others,would you not agree ? Im sure they'd like better public services themselves.

The wealthy don't earn their money through PAYE. Capital gains is where it is at.

 

[newfhouse]

As of 2020, approximately 2,500 households with annual income over £100,000 pa, according to the census data.

https://www.ons.gov.uk/peoplepopula...han100000inlondonandukfinancialyearending2020

Not sure I actually believe those figures by the way, since I personally know at least four such households

Those figures are nonsense and probably wrong by three orders of magnitude. The spreadsheet also says it’s 8% of households nationwide, 16% in London, which does sound plausible.

 

[BoldonLad]

Those figures are nonsense and probably wrong by three orders of magnitude. The spreadsheet also says it’s 8% of households nationwide, 16% in London, which does sound plausible.

I did say I didn't believe the figures.

But, if we add three zeroes, it still gives approximately 2,500,000, even at that level, some heavy lifting required.

My point is, some truth and accuracy would be nice, both in terms of by how much increased taxation is required, who is going to pay said tax (and, I don't mean vague crap like "the wealthy").

Having raised all of this money, how is it to to be "invested", rather than simply "spent"

Please note, I would like to see such facts from who ever is asking for my vote, not just Starmer.

 

[multitool]

The wealthy don't earn their money through PAYE. Capital gains is where it is at.

^ crucial truth

 

[newfhouse]

I did say I didn't believe the figures.

But, if we add three zeroes, it still gives approximately 2,500,000, even at that level, some heavy lifting required.

Well it’s closer to the right ballpark, I think. If 2,500,000 is 8% that gives a total number of households of about 31,000,000. ONS says 27,800,000 which is pretty close.