Mortgage Rate Rises

Nasher · 2025-02-08T09:28:11+0000

Freakbro said:
Lol, you seem to have overlooked the bit where the Tories have just raised the tax burden to the highest level since WW2, all whilst claiming to be the party of low taxes.

Which leads us to living in the usual Nasher upside down world, where Labour get the blame for things that happened before they were even in power

Jeremy Hunt reduced CGT allowance from £12,300 to £3,000

They could have chosen to reverse the tax hikes, but didn't. They just added more.

We are pumping ever more money in to the NHS. Who waste it on things like weight loss injections (which won't work long-term).

Freakbro · 2025-02-08T09:58:14+0000

Nasher said:
They could have chosen to reverse the tax hikes, but didn't. They just added more.

Which has nothing to do with you blaming them for the CGT allowance cut that was announced 4 years ago by the Tories :cry:

If you can't even get basic facts right, it does undermine your whole argument.

Nasher · 2025-02-08T10:25:54+0000

Freakbro said:
Which has nothing to do with you blaming them for the CGT allowance cut that was announced 4 years ago by the Tories

If you can't even get basic facts right, it does undermine your whole argument.

Exactly. The parties moan about what the other is doing, then just continue with it anyway when they get in...

It just proves they are all basically the same and we aren't really voting for anything.

b0rn2sk8 · 2025-02-08T10:34:59+0000

Ask yourself Nasher, how are they going to pay for a CGT cut when there is no surplus and every public service is crumbling to the ground.

Likewise at the same time, the majority of the public are asking for better public services and not tax cuts, particularly cuts to CGT where the general mood is to increase it because it is seen benefiting those with more money.

The conservatives literally implemented labours non doms changes and spaffed the money up the wall on an NI cut which no one ansked for.

They did this after Labour backed themselves into a corner on taxes for the upcoming election. The conservatives did it in an attempt to buy the election and It had the added bonus of absolutely screwing the next’s governments fiscal plans. If that’s not spiteful policy making for all the wrong reasons and weaponising the budget for political purposes, I don’t know what is….

P.S. taxes are still lower than most similar countries in Europe.

grudas · 2025-02-08T10:57:45+0000

Uhh please reopen speaker corner so nasher and other fact checkers can go and jibba jabba about the same rubbish there.

Freakbro · 2025-02-08T11:03:06+0000

Nasher said:
Exactly. The parties moan about what the other is doing, then just continue with it anyway when they get in...

For this to be accurate you'd have to show that Labour were against the CGT allowance cut when Hunt announced it...can you, as I don't recall?

robj20 · 2025-02-08T11:23:09+0000

Seems the general consensus for this year is more drops in the base rate so that's good for me renewing in a few months.
Then the choice is 2 Vs 5 years.

Hagar · 2025-02-08T11:32:59+0000

b0rn2sk8 said:
Ask yourself Nasher, how are they going to pay for a CGT cut when there is no surplus and every public service is crumbling to the ground.

Likewise at the same time, the majority of the public are asking for better public services and not tax cuts, particularly cuts to CGT where the general mood is to increase it because it is seen benefiting those with more money.

The conservatives literally implemented labours non doms changes and spaffed the money up the wall on an NI cut which no one ansked for.

They did this after Labour backed themselves into a corner on taxes for the upcoming election. The conservatives did it in an attempt to buy the election and It had the added bonus of absolutely screwing the next’s governments fiscal plans. If that’s not spiteful policy making for all the wrong reasons and weaponising the budget for political purposes, I don’t know what is….

P.S. taxes are still lower than most similar countries in Europe.

Labour would still have been elected be it with a slightly reduced majority had they just kept it zipped about tax plans. Saying we will responsibly increase taxation where it is necessary to achieve our spending criteria. They would have been a shoo in anyway, perhaps admired for being responsible.

Instead they hugely taxed the growth creators leading to higher inflation, slow growth and higher unemployment, fewer jobs.

...and wooing the non doms back with lower taxes.

I would have welcomed a pragmatic wealth tax on holdings over £3m or incomes over £1m per annum but maybe that would impact our PM too much.