Join for free
Page 1 of 7 1 2 3 > Last »
Muddy's Avatar
Muddy
Chatterbox
Muddy is offline
UK
Joined: Sep 2015
Posts: 31,286
Muddy is female  Muddy has posted at least 25 times and has been a member for 3 months or more 
 
26-02-2020, 10:00 PM
1

Lisa Nandy on taxing wealth

This article will guarantee that Labour will never get in power again .

Taxing wealth ( that’s not Prince Charles BTW but you and me who want to leave something for the kids )

https://www.theguardian.com/commenti...ment-138506175
Reality1
Senior Member
Reality1 is offline
Scotland
Joined: May 2019
Posts: 260
Reality1 is male  Reality1 has posted at least 25 times and has been a member for 3 months or more 
 
27-02-2020, 11:31 AM
2

Re: Lisa Nandy on taxing wealth

Are you a billionaire Muddy? If not why are you defending them?
swimfeeders
Chatterbox
swimfeeders is offline
Shropshire
Joined: Oct 2014
Posts: 24,056
swimfeeders is male  swimfeeders has posted at least 25 times and has been a member for 3 months or more 
 
27-02-2020, 11:33 AM
3

Re: Lisa Nandy on taxing wealth

Hi

If we are to have better services, that means everyone has to pay more tax.
The Artful Todger's Avatar
The Artful Todger
Chatterbox
The Artful Todger is offline
Suffolk UK
Joined: Mar 2019
Posts: 12,816
The Artful Todger is male  The Artful Todger has posted at least 25 times and has been a member for 3 months or more 
 
27-02-2020, 11:48 AM
4

Re: Lisa Nandy on taxing wealth

It will be a very popular proposition amongst an increasing number of people especially the baby boomer haters.
Muddy's Avatar
Muddy
Chatterbox
Muddy is offline
UK
Joined: Sep 2015
Posts: 31,286
Muddy is female  Muddy has posted at least 25 times and has been a member for 3 months or more 
 
27-02-2020, 12:10 PM
5

Re: Lisa Nandy on taxing wealth

Originally Posted by Reality1 ->
Are you a billionaire Muddy? If not why are you defending them?
I am not a billionaire that’s the problem .
Billionaires have accountants who can put their money into trusts for their children .
They can set them up in their lifetime.
They may also buy farmland and woodland which are exempt from inheritance tax.

No as the owner of a small house in an expensive location and with some savings I am the one who Ms Nandy seems anxious to deprive of my ‘wealth’ .
According to her children have no right to their parents money.
It’s needs to go to the government for the needy .
They blooming well are needy .
They have mortgages slung around their necks .
The had student loans ( which they have now largely paid )
I can give some of it to them now and hope to live seven years .
(The Chancellor is rumoured to make this much longer in his budget )
On the other hand I might ( god forbid) live to 95 and need the dosh to pay my nursing home fees . At £1000 + a week that will see it off smartly
Either way Ms Nandy who comes from Wigan and should know better believes that once your dead any savings ( wealth ) you have belongs by rights to the state .
As a life long labour supporter I would rather give it to the dogs home and I may well do so rather than a penny to those who would take it from my children .
Longdogs's Avatar
Longdogs
Chatterbox
Longdogs is offline
SW England
Joined: Mar 2016
Posts: 43,957
Longdogs is male  Longdogs has posted at least 25 times and has been a member for 3 months or more 
 
27-02-2020, 12:16 PM
6

Re: Lisa Nandy on taxing wealth

There is some support for it on there but then it is the Grauniad so i wouldn't expect any less. I like this quote though.

'They are paying their taxes already. Show some courage and go after the international tax dodgers, not the people already massively contributing...'
Percy Vere's Avatar
Percy Vere
Senior Member
Percy Vere is offline
Wilds and woolly wastes of Staffordshire, UK
Joined: Dec 2019
Posts: 4,792
Percy Vere is male  Percy Vere has posted at least 25 times and has been a member for 3 months or more 
 
27-02-2020, 04:38 PM
7

Re: Lisa Nandy on taxing wealth

Something tells me she's flogging a dead 'un with her proposals. She only has to look back a few years to see the effects of Brown's 50% tax rate and the fall in tax returns from it and compare it to when the Tories (Gideon?) reduced this to 45% and watched the tax take increase dramatically. Increasing tax takes across the board from people (alive or dead) ALWAYS results in a lower amount going into the Treasury.

In any case, Kier Starmer is leasing the race.
Tedc's Avatar
Tedc
Senior Member
Tedc is offline
Berkshire, UK
Joined: Aug 2016
Posts: 4,872
Tedc is male  Tedc has posted at least 25 times and has been a member for 3 months or more 
 
27-02-2020, 06:49 PM
8

Re: Lisa Nandy on taxing wealth

Originally Posted by swimfeeders ->
Hi

If we are to have better services, that means everyone has to pay more tax.
I would suggest that better management (financial and planning skills) would work far better.
realspeed
Chatterbox
realspeed is offline
South coast
Joined: Sep 2014
Posts: 12,931
realspeed is male  realspeed has posted at least 25 times and has been a member for 3 months or more 
 
27-02-2020, 07:34 PM
9

Re: Lisa Nandy on taxing wealth

Unbelievable how some think
Reality1
Senior Member
Reality1 is offline
Scotland
Joined: May 2019
Posts: 260
Reality1 is male  Reality1 has posted at least 25 times and has been a member for 3 months or more 
 
28-02-2020, 03:06 PM
10

Re: Lisa Nandy on taxing wealth

Originally Posted by Percy Vere ->
Increasing tax takes across the board from people (alive or dead) ALWAYS results in a lower amount going into the Treasury.
So you're saying reducing income tax will increase treasury receipts?

Is that right?

So by that logic we could set taxes tot zero and the treasury will be raking it in?

Maybe you could explain how and why that works in the long term Percy?

BTW Did you read and swallow that in the Express, Daily Mail, Sun or Telegraph?
 
Page 1 of 7 1 2 3 > Last »

Thread Tools


© Copyright 2009, Over50sForum   Contact Us | Over 50s Forum! | Archive | Privacy Statement | Terms of Use | Top

Powered by vBulletin Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.