Jeremy Corbyn's conference speech

[Moshe Gariani]

sour-looking Blairites watching it on screen and making bitter sarcastic comments..

Interesting observation. The BBC also seems to be inviting these people on to Newsnight and Daily Politics etc to spread their jealous bile...

It would be funny if it weren't so frustrating that they just don't get it.

There is a new and different way and it is a way that will appeal to the vast majority of the voting public (i.e. the much talked about "many").

 

[Simster]

we do need to stop the "on its knees" talk, equally we need to recognise that spike is a consequence of planned expenditure. and if we want more spending, that means more deficit and debt, until such time as growth overtakes the rate of increase. and simply pretending more public spending will create more growth, that only applies if it is in the right parts of the economy (i.e. needed infrastructure with net increase in productivity) and we wave a wand to hope nothing bad happens while we ramp spending to create that increase. meanwhile, no country is adopting this approach, which suggests this is not considered the best plan.

That spike doesn't need to be a consequence of planned expenditure, it could be avoided with a tax hike. The rest of it is a pretty straight forward truism about economy management.

Personally, I think it is high time something was done about social justice in this country, but I'm not convinced tax hikes to sky high rates are the answer. It ought to be possible for the government of the day to allow people to keep a minimum of half their earned income and yet improve the situation in this regard.

 

[Man of Harveys]

Interesting observation. The BBC also seems to be inviting these people on to Newsnight and Daily Politics etc to spread their jealous bile

Agreed - there was a prime example on after JC's speech. As someone who didn't vote for Corbyn but is certainly warming to him: it wouldn't be Labour if there wasn't a good bit of self-damaging squabbling along the way, no matter how nice Corbyn tries to be. Ah well.

 

[studio150]

So as an example of someone earning £55000 a year. In simple terms this gives net pay after income tax and NI of £39226. So you are therefore happy for this person to see their net pay reduced by £11726 so that they keep 50% (£27500)

That will be a vote winner

 

[topbanana36]

He is a ***t!

 

[Titanic]

So as an example of someone earning £55000 a year. In simple terms this gives net pay after income tax and NI of £39226. So you are therefore happy for this person to see their net pay reduced by £11726 so that they keep 50% (£27500)

That will be a vote winner

What about other taxes... VAT, duty on petrol, Council tax, car tax etc...

 

[studio150]

Here you go [MENTION=3887]Uncle Spielberg[/MENTION]:

All fairly low level since the late 80s I would say. But that most recent spike is on the watch of the coalition.


More information here:
http://www.ukpublicspending.co.uk/recent_spending

When I first saw it, it made me think that New Labour or Tory really wasn't much of a choice. I don't think national spending is anything like high enough.

Pointless graph as all it shows is that the more you earn, the more you can borrow as you are able to pay the interest on higher loans.

A better graph would have been the actual amount of outstanding debt including interest and adjusted to a constant value from the opening year.

 

[studio150]

What about other taxes... VAT, duty on petrol, Council tax, car tax etc...

The original comment was about keeping 50% of earned income, this clearly doesn't include indirect taxes levied on spending, given that these are not linked to income.

 

[Simster]

So as an example of someone earning £55000 a year. In simple terms this gives net pay after income tax and NI of £39226. So you are therefore happy for this person to see their net pay reduced by £11726 so that they keep 50% (£27500)

That will be a vote winner

I don't think you read what I wrote. I simply meant that I object to anything above 50% of total income being subject to income tax (and NI). People on a "modest" £55k a year shouldn't be taxed anywhere near 50% of their total salary, as is the case now.

 

[Simster]

Pointless graph as all it shows is that the more you earn, the more you can borrow as you are able to pay the interest on higher loans.

It may be pointless but not because of what you said - it doesn't show what you say at all, FFS. It is perhaps more of a commentary on global interest rates than anything else.

 

[pb21]

I don't think you read what I wrote. I simply meant that I object to anything above 50% of total income being subject to income tax (and NI). People on a "modest" £55k a year shouldn't be taxed anywhere near 50% of their total salary, as is the case now.

No it isn't?

https://www.gov.uk/income-tax-rates/current-rates-and-allowances

 

[BLOCK F]

Interesting observation. The BBC also seems to be inviting these people on to Newsnight and Daily Politics etc to spread their jealous bile...

It would be funny if it weren't so frustrating that they just don't get it.

There is a new and different way and it is a way that will appeal to the vast majority of the voting public (i.e. the much talked about "many").[/QUOTE

' a way that will appeal to the vast majority of the voting public'.
Yes that's right, just like that same vast majority of the voting public would love to stand up and sing 'The Red Flag ''.
Like f--k!

 

[Simster]

No it isn't?

https://www.gov.uk/income-tax-rates/current-rates-and-allowances

Er, yes it is. For a start, the first £31,785 is taxed at 20%. You do know how income tax works, right?

According to the tax calculator on the Martin Lewis site,earn £55,000 in 2015/2016 and you'll take home £39,226.

 

[pb21]

Er, yes it is. For a start, the first £31,785 is taxed at 20%. You do know how income tax works, right?

If you earned 55K per year you would have net take home pay (after tax and NI) of almost 40K or 72%, considerably over 50%

 

[sir albion]

Waste of time as labour won't get in for many many years....way to left now as well.

 

[Simster]

If you earned 55K per year you would have net take home pay (after tax and NI) of almost 40K or 72%, considerably over 50%

Which is what I originally said when I used the words "as is the case now". It seems we are agreeing with each other.

Currently, a £55k salary is taxed nowhere near 50%, and rightly so.

I would object to any tax at any salary level where total take-home amounted to under 50%. That's all I'm saying.

 

[pb21]

People on a "modest" £55k a year shouldn't be taxed anywhere near 50% of their total salary, as is the case now.

Which is what I originally said when I used the words "as is the case now".

I have quoted what you said above and 28% is nowhere near 50%. Its is in fact closer to 50% of 50% if you can do the math.

 

[sir albion]

A speech to unify his rank and file members, and one that distances himself from the floating voters who went to UKIP and the Tories.

Floating my arse....Time British people had their tax payers money in this country instead of sending 10's of billions abroad every year....charity starts at home where the hard working Brits should not have to fund other countries.

 

[BensGrandad]

There is a new and different way and it is a way that will appeal to the vast majority of the voting public (i.e. the much talked about "many").[/QUOTE

' a way that will appeal to the vast majority of the voting public'.
Yes that's right, just like that same vast majority of the voting public would love to stand up and sing 'The Red Flag ''.
Like f--k!

Have they missed the word gullible out before voting public.

 

[Simster]

I have quoted what you said above and 28% is nowhere near 50%. Its is in fact closer to 50% of 50% if you can do the math.

Yes, I've explained fully that I agree with you, but I see you do continue to struggle with straight forward English.