Labour Manifesto

[MDJ]

Which basically is Labour's policy.

Yes I believe so

 

[Midwest]

Which basically is Labour's policy.

I thought Labour's policy was steered by Reddit. Least Tories are a bit more upmarket and use The Sun.

 

[Pete999]

There must be some that will vote labour, or all leckies right wing.

I'm right wing but this Labour lot are, can't count or don't know what wing they are on waste of space, just like I told the Labour Candidate when he came around trying to curie favour with me a few nights ago, JC and DA in control the mind boggles"""""""!!!!!!

 

[andyb]

I'm right wing but this Labour lot are, can't count or don't know what wing they are on waste of space, just like I told the Labour Candidate when he came around trying to curie favour with me a few nights ago, JC and DA in control the mind boggles"""""""!!!!!!

Right wing Pete, that is until you need socialism. Then you're happy to embrace it.

 

[Baddegg]

The biggest problem in this country is we don’t have a lot of choice.....I could find a couple of things I agree with in most parties manifest but I certainly don’t agree wholeheartedly with any of em, I don’t trust a single politician full stop. But because of the voting system we either vote for the 2 main parties or waste a vote on another party that can’t gain a majority and so are faced with another 4 years of bickering and bribes (DUP) when we face austerity.....what’s the point.....

 

[plugsandsparks]

If you look at Labours manifesto and if you are Ltd, like me, then you may end up with an effective income tax rate of 41% eek. That would be a lot of *issed off small businesses.

 

[MDJ]

If you look at Labours manifesto and if you are Ltd, like me, then you may end up with an effective income tax rate of 41% eek. That would be a lot of *issed off small businesses.

? Sorry, how does that work out

 

[Zerax]

Right wing Pete, that is until you need socialism. Then you're happy to embrace it.

I'm trying to think of a time when anyone might need socialism... I'm struggling. Ah ! maybe if I'm an MP on £75k pa and a gold plated pension ? I can see that working...

 

[andyb]

I'm trying to think of a time when anyone might need socialism... I'm struggling. Ah ! maybe if I'm an MP on £75k pa and a gold plated pension ? I can see that working...

Never been ill? school? unemployed? needed an ambulance? you don't know anybody who's needed the safety net of social security? can't work through illness? If the worst happened to you Zerax and you could not work, we'd look after you. You'd get all the hospital treatment you need, and we wouldn't take your house or bankrupt you for the medical bills. Even the bankers in 2008 suddenly embraced socialism when for better or for worse we bailed them out.

 

[Midwest]

When I read socialism, I think of Karl Marx and or communism. I know it’s not quite that, but that’s how I think of it, as opposed to it being the opposite of capitalism.

Whilst I’ve no truck with those greedy bankers, even hardened socialists know they have to have capitalism for their regime to exist. Money, it’s what makes the world go round.

Bit deep, so early in the morning. And I only came down, to get some pills for this stinking cold.

 

[andyb]

When I read socialism, I think of Karl Marx and or communism. I know it’s not quite that, but that’s how I think of it, as opposed to it being the opposite of capitalism.

Whilst I’ve no truck with those greedy bankers, even hardened socialists know they have to have capitalism for their regime to exist. Money, it’s what makes the world go round.

Bit deep, so early in the morning. And I only came down, to get some pills for this stinking cold.

The opposite of capitalism is communism not socialism Midwest, Karl Marx wrote the communist manifesto.

You can be a capitalist and a socialist. I’m a capitalist, I run my company and try to make a profit. I’m also a socialist. I believe in capitalism, just not untrammelled capitalism, it needs checks and balance to avoid the worst excess of capitalism.

In my opinium the opposite of socialism is individualism.

Now you’ve probably given me your bloody cold MW.

 

[Midwest]

The opposite of capitalism is communism not socialism Midwest, Karl Marx wrote the communist manifesto.

You can be a capitalist and a socialist. I’m a capitalist, I run my company and try to make a profit. I’m also a socialist. I believe in capitalism, just not untrammelled capitalism, it needs checks and balance to avoid the worst excess of capitalism.

In my opinium the opposite of socialism is individualism.

Now you’ve probably given me your bloody cold MW.

Not sure; I’ve read a few pieces which describe capitalism as the opposite of socialism. I’ve also read that Marx ‘was most important theorist of socialism’.

The difference between communism and socialism is close; socialists argue amongst themselves, on the extent and kinds of chattels that society should own, and the way it’s controlled.

JC suggests nationalising Open Reach, and provide free broadband for all; is that a necessity to for all, and a National resource.

Sorry about the cold by the way.

 

[snowhead]

JC suggests nationalising Open Reach, and provide free broadband for all;

Dianne Abbott must have been in charge of the Calculator on that day cause it's never going to happen.

Even if Labour seized all the assets of Openreach, the same as their conference proposal for Private schools, so getting Openreach for free, they'd have to pump Billions in each year to expand the network to all and to cover the costs of running it.

Virgin would either be sqeezed out altogether with the loss of Cable T.V , leaving SKY with a Monopoly or Virgin would have to pay a commercial rate for use of what was their own cable network upping the cost of CATV to existing subscribers, probably more than the "free" Broadband.

 

[Midwest]

That must be Utopian socialism then

 

[plugsandsparks]

? Sorry, how does that work out

Give me a few minutes i'll cut and paste the manifesto and show you the math
[automerge]1575808730[/automerge]
"Labour would, in contrast to the official baseline which has corporation tax at 17% from April 2020,30  Reintroduce a small profits rate for firms with profits under £300,000 a year  Raise the main rate of corporation tax to 21% from April 2020, 24% from April 2021 and 26% from April 2022.  Keep the small profits rate at 19% in April 2020, rising to 20% in April 2021 and 21% in April 2021 "

Above is CT

"Labour will tax capital gains at the same level as income tax and abolish the lower income tax rate for dividend income. "

So, if they are keeping basic rate income tax at 20%, then its either 26% CT plus 20% of 74% = 40.8% or for small profits (that figure i am worried about) its 21% CT plus 20% of 79% = 36.8%, add in the benefit of Tories cut to CT and leaving dividend alone, equals 36.8% plus 3%, say around 40%

Then i have to add in the effects of the financial transaction tax on my pension, second home tax and marriage transfer tax, which i think will add another £4500 to my tax bill.

BTW - Its all there in black and white, its not as if Labour are trying to hide how they will take all your money.

https://labour.org.uk/wp-content/uploads/2019/11/Funding-Real-Change-1.pdf