Tory Vermin

The Tories are simply trying to boost the economy by attracting more high earners, yes they pay less tax but more of them could actually bring in more  tax.

Bankers relocating back to the City of London from Frankfurt etc.

It's a risk but it might just work.

Scrapping stamp duty up to £250,000 should also kick start the housing market again.

I very rarely post on these political threads these days, I can't be arsed, bring on the red crosses and Edit abuse again, yawn.

Attracting more high earners? How, and from where? Why would they come here? Where would the jobs come from? We're in recession with high inflation and record energy prices so businesses are going to be going bust, not attracting high earners. Insert obligatory mention of Brexit flipping over the economy here as well.

The housing market is massively overpriced as it stands, unaffordable to many. With the rapid increase in interest rates, we're going to be seeing a lot of repossessions as people who scrimped and scraped to just about afford a house, suddenly find their repayments increasing by a huge amount. Why do we want to increase the numbers of house sales by demand side policies which only push up prices and inflate the bubble further?

It's brain dead policies from brain dead idealogues and the currency markets have shown what they think about it. Don't forget that the fall in the exchange rate against the dollar will increase inflation because oil and gas is traded in dollars. Even in the act of announcing these cuts, they've made the situation worse for the rest of us.

Quoted from promotion plaice

The Tories are simply trying to boost the economy by attracting more high earners, yes they pay less tax but more of them could actually bring in more  tax.

Bankers relocating back to the City of London from Frankfurt etc.

It's a risk but it might just work.

Scrapping stamp duty up to £250,000 should also kick start the housing market again.

I very rarely post on these political threads these days, I can't be arsed, bring on the red crosses again, yawn.

As Maringer says - where are the high earners coming from?!

Why on earth does the property market need a kick start?!

I can tolerate your rubbish on the kids side of the forum but that’s insane.

Yawn. Yawn deep. Your brain clearly needs the additional oxygen.

Was talking to a Tory voter tonight and he said that things were shocking at the moment and Labour would win the next election but then we would see things get really bad as it will be a lot worse under Labour.  

He went on to say that Johnson will come back to rescue the Tories and the country.

I didn't even try and raise an argument, because you can't counter that level of delusion.

Quoted from promotion plaice

The Tories are simply trying to boost the economy by attracting more high earners, yes they pay less tax but more of them could actually bring in more  tax.

Bankers relocating back to the City of London from Frankfurt etc.

It's a risk but it might just work.

Scrapping stamp duty up to £250,000 should also kick start the housing market again.


I very rarely post on these political threads these days, I can't be arsed, bring on the red crosses and Edit abuse again, yawn.

On the money 😉

I’m sick of hearing is how much someone on 200k a year will save in comparison to someone on 20k. How about comparing how much the person on 200k actual pays in tax compared to the 20k.

A person on £20k pays £2856.
A person on £200k pays £85,178, 30x more tax on only 10x more income.
A person on £1m pays £435,000 that’s 152x  more tax on 50x more salary.

In the words of Margaret Thatcher, the left would rather the poor were poorer, provided the rich were less Rich.

Quoted from Humbercod

On the money 😉

I’m sick of hearing is how much someone on 200k a year will save in comparison to someone on 20k. How about comparing how much the person on 200k actual pays in tax compared to the 20k.

A person on £20k pays £2856.
A person on £200k pays £85,178, 30x more tax on only 10x more income.
A person on £1m pays £435,000 that’s 152x  more tax on 50x more salary.

In the words of Margaret Thatcher, the left would rather the poor were poorer, provided the rich were less Rich.

That's what they are supposed to pay. I doubt any of them do.

Quoted from Humbercod

On the money 😉

I’m sick of hearing is how much someone on 200k a year will save in comparison to someone on 20k. How about comparing how much the person on 200k actual pays in tax compared to the 20k.

A person on £20k pays £2856.
A person on £200k pays £85,178, 30x more tax on only 10x more income.
A person on £1m pays £435,000 that’s 152x  more tax on 50x more salary.

In the words of Margaret Thatcher, the left would rather the poor were poorer, provided the rich were less Rich.

Thatcher’s argument only holds true if the extra tax revenue is actually used to help the poor.

I would tell you a joke about trickle down economics but 99% of you wouldn’t get it

Quoted from Humbercod

On the money 😉

I’m sick of hearing is how much someone on 200k a year will save in comparison to someone on 20k. How about comparing how much the person on 200k actual pays in tax compared to the 20k.

A person on £20k pays £2856.
A person on £200k pays £85,178, 30x more tax on only 10x more income.
A person on £1m pays £435,000 that’s 152x  more tax on 50x more salary.

In the words of Margaret Thatcher, the left would rather the poor were poorer, provided the rich were less Rich.

Did you get these figures from somewhere or did you calculate them yourself? I get the 20k figure a bit lower for tax paid than that which makes me doubt the rest of it. I’d also guess that you’re probably on something closer to the £20k figure than 200k so I don’t know why you’re fighting their tax battles for them? Seems a bit bootlicky to me.

Quoted from LH

Did you get these figures from somewhere or did you calculate them yourself? I get the 20k figure a bit lower for tax paid than that which makes me doubt the rest of it. I’d also guess that you’re probably on something closer to the £20k figure than 200k so I don’t know why you’re fighting their tax battles for them? Seems a bit bootlicky to me.

Add the tax an NI together. Plenty of Online tax calculators try this one go - https://www.reed.co.uk/tax-calculator/
Personally I’m happy with the tax cuts especially now the 45% higher tax rate has been scrapped, also buying a house next month so no stamp duty to pay now 😀

Quoted from Humbercod

On the money 😉

I’m sick of hearing is how much someone on 200k a year will save in comparison to someone on 20k. How about comparing how much the person on 200k actual pays in tax compared to the 20k.

A person on £20k pays £2856.
A person on £200k pays £85,178, 30x more tax on only 10x more income.
A person on £1m pays £435,000 that’s 152x  more tax on 50x more salary.

In the words of Margaret Thatcher, the left would rather the poor were poorer, provided the rich were less Rich.

It's really quite straightforward.