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Forums - General - Let's talk UK politics ....

kowenicki said:

I'll tell you how broken our economy is... if you raised basic rate tax to 30% (which is really then 41% with N.I.) then
it would still take until 2020 to repay the national debt we now have.....  Oh for those gold reserves that the idiot Brown sold off cheaply and at the wrong time....

how does the nation being in debt really affect us though?

i know we have to reapay that at some point, but how much does it matter if its in 2020 or 2090?

you cant raise the basic rate by 10%, it would cripple the working class



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kowenicki said:
@scifiboy

A teacher and a fully qualified nurse aren't workign class any more, a teacher never was,... working class when i was a kid was my mum and dad earning a pittance and getting no state aid whatsoever to top that up. Todays "workign class" have a foreign holiday every year, a decent car, Sky and all the other mod cons. Its a different world.

that just means the working class are better off now, that can only be a good thing surely?



SciFiBoy said:
...


we have no working class?

who the fuck drove the bus i was on then? who served me at the shop? who taught me at school? who treated me at hospital?

EVERYONE in the UK gets debt from going to Uni, rich or poor, the poor just get more help, which is good imo.

i agree some of the benefits system needs to be refined, i dont think people should cheat the system like they do, but we also cant do nothing, poor people have just as many rights as rich people.

All of those people you said will be able to afford several holidays a year and many lixury items like electronics, cars, owning their own houses, etc. They are not getting a bad deal and don't need politically represented like the old working class did. They are middle class (if class terms still apply at all).

Poor people get a disproportionate amount of help. To pay for my uni my parents will have to get second jobs. Whereas people I know at school in that poor mum / rich dad thing I said don't have to pay anything to go to uni; are able to buy a car to go there; are able to rent a flat solo etc. etc. That is unfair. Equal opportunity yes; favoured no. Also, the people that don't get good enough grades to enter uni but are poor are being selected above more able candidates from richer backgrounds. I've applied to lots of uni summer schools for the unis I want to attend and got rejected from all of them because my household income is too high.

Stop calling them poor people; they are not in poverty nor are they forced to live on basics. No one in this country is in poverty.

22k income people DO NOT DESERVE the same standard of living as 40k income people, because they did not work hard enough to earn more.

 

 



kowenicki said:
@scifiboy

!!!!????

What does it matter?! well we have to raise taxes... which is goign to happen over the next 12 -24 months. Guaranteed.

Yes. SciFiBoy, Labour have said they will raise taxes; they are increasing petrol, alcohol and tobacco rates; they are raising National Insurance contributions; they are reversing the VAT cut. All of which will hit low earners the hardest. OK, the 50% tax rate won't but still...



kowenicki said:
@scifiboy

!!!!????

What does it matter?! well we have to raise taxes... which is goign to happen over the next 12 -24 months. Guaranteed. Even with a change of government we will see this as Labour have left a mess.

It matters because it can only be repaid from a combination of increased tax and spending cuts... so incresased taxes for everyone and cuts in health and education (our biggest budgets).

why cant we just take longer to pay it back, and raise taxes for the rich rather than taxing the poor more and cutting essentail public services?



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kowenicki said:
@soleron

the 50% tax rate was smoke and mirrors... its pointless and raises next to nothing in revenue. it was a way to divert attention... cynical politics at its worst. this government is the worst we have ever had to endure. cynical, dishonest and populist.

Agreed, and of course the tax avoidance schemes availible to those on that income are numerous (even MPs and the Chancellor consulted tax advisers, using public funds, to avoid tax). If they'd spent that effort closing tax loopholes it would have generated far more revenue.



Soleron said:
SciFiBoy said:
...


we have no working class?

who the fuck drove the bus i was on then? who served me at the shop? who taught me at school? who treated me at hospital?

EVERYONE in the UK gets debt from going to Uni, rich or poor, the poor just get more help, which is good imo.

i agree some of the benefits system needs to be refined, i dont think people should cheat the system like they do, but we also cant do nothing, poor people have just as many rights as rich people.

All of those people you said will be able to afford several holidays a year and many lixury items like electronics, cars, owning their own houses, etc. They are not getting a bad deal and don't need politically represented like the old working class did. They are middle class (if class terms still apply at all).

Poor people get a disproportionate amount of help. To pay for my uni my parents will have to get second jobs. Whereas people I know at school in that poor mum / rich dad thing I said don't have to pay anything to go to uni; are able to buy a car to go there; are able to rent a flat solo etc. etc. That is unfair. Equal opportunity yes; favoured no. Also, the people that don't get good enough grades to enter uni but are poor are being selected above more able candidates from richer backgrounds. I've applied to lots of uni summer schools for the unis I want to attend and got rejected from all of them because my household income is too high.

Stop calling them poor people; they are not in poverty nor are they forced to live on basics. No one in this country is in poverty.

22k income people DO NOT DESERVE the same standard of living as 40k income people, because they did not work hard enough to earn more.

 

 

most people who "own" a home, do so through large mortgages

to pay for Uni, you can choose to take a loan or ask your parents to find a way of getting the money, its not my fault, you dont want a loan, imo we should make Uni free like the rest of education anyway

i dont think that many people get lots of holidays, but thats as much to do with Cheaper flights than anything else, i  think we should tax airlines alot more, im dont care if it means less holidays for me or anyone else.

cars are often paid for on finance not out right

people arent as well off as you think they are, what paper do you read?

ok, this be the big one: Why Do People On 22k not deserve the standard of living of someone on 40k, how do you know the guy on 40k works harder?

many of the most undesirable, hard working jobs are the lowest paid, yet the rich never acknowledge that, a CEO on average works 3 days a week, most people work 5, its not as simple as you earn more if you work more.



SciFiBoy said:
kowenicki said:
...

why cant we just take longer to pay it back, and raise taxes for the rich rather than taxing the poor more and cutting essentail public services?

Three reasons.

1. The longer we have the debt, the higher the interest payments will be and the more we'll eventually have to pay back. I believe for some of our deby we're ONLY paying the interest and not paying off the debt at all.

2. The debt is making the UK's integrity and credit-worthiness bad. The pound has been on a slide partly due to the IMF calling our debt situation dangerous.

3. The debt is devaluing our currency just by existing. Since the government has had to print money to cover the debt our infation has been very high.

The sooner we pay it off the better.

--

We have to tax someone to pay it back. The middle class 30k-100k are the hardest hit at the moment while the 25k and under have lifestyles more appropriate to the 50k band. We should tax the poor (and again I dispute that poor people even exist) more to restore the order and give incentive for people to work harder. We should also tax the rich by closing tax loopholes.

The other way to pay off the debt is to wait for the banks we own to regain their value in a few years and sell them off. The banks on a good day are worth more than any amount of increased taxation. But when Labour took on the banks' debts and nationalised them they refused to also take financial ownership. We have "shares", but we're not allowed to sell them (why not? we own them) and we're not allowed to get dividends. That's Labour's fault. The US DID take real shares in the banks and will get paid back when they sell them.



kowenicki said:
@scifiboy

are you a communist or a liberal?

I have come from nothing, literally nothing - my parents couldnt afford university, I never went on holiday much as a kid and never went abroad at all until i was 16 (paid for it myself) - now i am a very successful businessman.... Why do I now have to pay a ridiculous amount of tax? i already pay more than half of what I earn in tax! Why have I bothered to become better off?

im a Liberal and  i like elements of Socialism, im not a communist

i doubt you are worse off than someone on the average wage if you are a succsesfull bussinesman, so you gain from it, a better lifestyle than most have, also, what makes you think a bussinessman deserves more money than say a nurse or a bin man, you probably all work just as hard as each other at your respective careers?



kowenicki said:
@scifiboy

I was right... you are a communist.

To summarise your view... everything state provided, equal standard of living for all. Thats communism my friend.

Even Russia and China have turned their backs on that.

wrong, so you decide you dont like my argument, then say im saying things im not and attack me for it

i dont think everything should be state provided you idiot, i think that some things should be, even then, i have no problem with theyre being private alternatives for thoose who are lucky enough to pay for them, i think all people deserve a basic standard of living

my questions to you are basic, if you think you pay too much tax, why is it too much, why do you feel you should be paid more, im not saying you shouldnt earn more, just asking why you should, please answer if you can.