Attention-seeking from Balls on tax

York Press: Attention-seeking from Balls on tax Attention-seeking from Balls on tax

THE Shadow Chancellor made headlines by promising to return to the 50p tax rate for those earning more than £150,000 per year. The way he announced his intention was pure political attention-seeking.

First he described the reduction to 45p tax rate by the coalition government as a massive tax cut; it was actually five pence from 50p.

Second he described the rise in tax as 50p, yet it was to be five pence.

There is no accurate figure of how much extra revenue this might raise, only various speculations. It is pretty certain that it would only be a small portion of what this chancellor-in-waiting would need to enable his promises to help the less well off.

The whole effort would appear to divert attention from the green shoots of economic recovery, evidence of which is regularly being announced in the media.

J Beisly, Osprey Close, York.

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12:31pm Wed 29 Jan 14

York Fox says...

Labour are panicking on the economy - they said Osbourne's plans would fail, yet it is now clear they have succeeded beyond expectations. They said that there was a crisis of living standards, yet wages are begining to rise, taxes fall and things improving.

They now have to resort to classic old Labour 'punish those more successful than yourself' tactics to win votes through vengenace.

Coupled with The Ed's other plans for business, it would appear that their economic tax, borrow and spend policies could destroyed the UK in a parliament, much like socialist France under Hollande.
Labour are panicking on the economy - they said Osbourne's plans would fail, yet it is now clear they have succeeded beyond expectations. They said that there was a crisis of living standards, yet wages are begining to rise, taxes fall and things improving. They now have to resort to classic old Labour 'punish those more successful than yourself' tactics to win votes through vengenace. Coupled with The Ed's other plans for business, it would appear that their economic tax, borrow and spend policies could destroyed the UK in a parliament, much like socialist France under Hollande. York Fox

12:55pm Wed 29 Jan 14

Bo Jolly says...

Well done to Labour for announcing this. The UK is one of the wealthiest countries in the world yet we have a huge number of people in work who are paid so badly that they have to claim benefits. Rising inequality is a scandal. It is surely right that those who have done well out of our society (and £150,000 a year is doing very well indeed) should be asked to put a little more back in to support that society.
Well done to Labour for announcing this. The UK is one of the wealthiest countries in the world yet we have a huge number of people in work who are paid so badly that they have to claim benefits. Rising inequality is a scandal. It is surely right that those who have done well out of our society (and £150,000 a year is doing very well indeed) should be asked to put a little more back in to support that society. Bo Jolly

2:21pm Wed 29 Jan 14

Zetkin says...

Osborne has succeeded in his primary aim of making the rich even richer at the expense of the rest of us, hence the disparity between the numbers that appear to demonstrate a recovery and the REAL numbers that most of us see on our wage slips, power bills, and supermarket receipts.

We’re getting worse off, while Osborne and his cronies are increasing their wealth exponentially. And they’re funding it by borrowing more money more quickly than Labour ever did. That’s money that you and I will ultimately be forced to repay through further attacks on our wages, public services and so on.

J Beisly is either benefiting from this con-trick and is seeking to hoodwink us, or has been utterly hoodwinked her/himself.

The 50p tax is a tiny step in the right direction, but the rich should be made to pay a much higher price for the destruction they have wrought, and the desperation they’ve imposed on millions of their fellow citizens.

The Tories’ second XI are having their spring jamboree at York Barbican on Saturday March 8th when no doubt we’ll be treated to the sight of various ministers grinning vacuously for the cameras as they discuss yet more ways of screwing the population at large.

Let’s hope the planned demonstration through the streets of York is big enough to wipe the grins off their faces.
Osborne has succeeded in his primary aim of making the rich even richer at the expense of the rest of us, hence the disparity between the numbers that appear to demonstrate a recovery and the REAL numbers that most of us see on our wage slips, power bills, and supermarket receipts. We’re getting worse off, while Osborne and his cronies are increasing their wealth exponentially. And they’re funding it by borrowing more money more quickly than Labour ever did. That’s money that you and I will ultimately be forced to repay through further attacks on our wages, public services and so on. J Beisly is either benefiting from this con-trick and is seeking to hoodwink us, or has been utterly hoodwinked her/himself. The 50p tax is a tiny step in the right direction, but the rich should be made to pay a much higher price for the destruction they have wrought, and the desperation they’ve imposed on millions of their fellow citizens. The Tories’ second XI are having their spring jamboree at York Barbican on Saturday March 8th when no doubt we’ll be treated to the sight of various ministers grinning vacuously for the cameras as they discuss yet more ways of screwing the population at large. Let’s hope the planned demonstration through the streets of York is big enough to wipe the grins off their faces. Zetkin

2:53pm Wed 29 Jan 14

York Fox says...

Bo Jolly wrote:
Well done to Labour for announcing this. The UK is one of the wealthiest countries in the world yet we have a huge number of people in work who are paid so badly that they have to claim benefits. Rising inequality is a scandal. It is surely right that those who have done well out of our society (and £150,000 a year is doing very well indeed) should be asked to put a little more back in to support that society.
Can you explain how Labour make the poor richer by taxing a select few rich people and earning an extra £100million or so? How exactly do they aim to pass this on? Why haven't they told us that?

The reason they don't mention it is because it raises so little money that they can't do anything with it, and it is purely a policy designed to incite class warfare and feed a need for vengeance on the successful, whom as Zetkin says are purely and wholly responsible for the economic downturn to a man. Oh, and in no way are any of them responsible for creating jobs in the first place....oh no. And none of them will cut jobs because of the reduction in income. Oh no.
[quote][p][bold]Bo Jolly[/bold] wrote: Well done to Labour for announcing this. The UK is one of the wealthiest countries in the world yet we have a huge number of people in work who are paid so badly that they have to claim benefits. Rising inequality is a scandal. It is surely right that those who have done well out of our society (and £150,000 a year is doing very well indeed) should be asked to put a little more back in to support that society.[/p][/quote]Can you explain how Labour make the poor richer by taxing a select few rich people and earning an extra £100million or so? How exactly do they aim to pass this on? Why haven't they told us that? The reason they don't mention it is because it raises so little money that they can't do anything with it, and it is purely a policy designed to incite class warfare and feed a need for vengeance on the successful, whom as Zetkin says are purely and wholly responsible for the economic downturn to a man. Oh, and in no way are any of them responsible for creating jobs in the first place....oh no. And none of them will cut jobs because of the reduction in income. Oh no. York Fox

6:53pm Wed 29 Jan 14

Mulgrave says...

If it is such a good idea, why was it operative for only the final five weeks of Labours thirteen year tenure?
If it is such a good idea, why was it operative for only the final five weeks of Labours thirteen year tenure? Mulgrave

7:52pm Wed 29 Jan 14

gwen4me says...

"How exactly do they aim to pass this on? Why haven't they told us that? The reason they don't mention it is because it raises so little money that they can't do anything with it"

It may be a little money to you mate, but a few hundred million empties a lot of bins.
"How exactly do they aim to pass this on? Why haven't they told us that? The reason they don't mention it is because it raises so little money that they can't do anything with it" It may be a little money to you mate, but a few hundred million empties a lot of bins. gwen4me

8:06pm Wed 29 Jan 14

York Fox says...

gwen4me wrote:
"How exactly do they aim to pass this on? Why haven't they told us that? The reason they don't mention it is because it raises so little money that they can't do anything with it"

It may be a little money to you mate, but a few hundred million empties a lot of bins.
A few empty bins is great, but what is the real cost of that? How many people lose their jobs and stop paying into the treasury, or how many employers move their tax affairs offshore? Are you sure it's worth it?

I'm not sure. I'm pretty sure that Balls isn't sure either, but because it makes a working class Labour 'beat the rich' statement he doesn't care.
[quote][p][bold]gwen4me[/bold] wrote: "How exactly do they aim to pass this on? Why haven't they told us that? The reason they don't mention it is because it raises so little money that they can't do anything with it" It may be a little money to you mate, but a few hundred million empties a lot of bins.[/p][/quote]A few empty bins is great, but what is the real cost of that? How many people lose their jobs and stop paying into the treasury, or how many employers move their tax affairs offshore? Are you sure it's worth it? I'm not sure. I'm pretty sure that Balls isn't sure either, but because it makes a working class Labour 'beat the rich' statement he doesn't care. York Fox

8:20pm Wed 29 Jan 14

Mulgrave says...

The highly paid executives of public companies, quangos etc will just get an above inflation pay rise and shrug. If you want to send this message to the people in this region who take the risks and run the up and coming busineesses that employ 10 or 20 people but hope to go to 50 or 100, let's just hope they are motivated by giving back to society, not a new Aston Martin.
The highly paid executives of public companies, quangos etc will just get an above inflation pay rise and shrug. If you want to send this message to the people in this region who take the risks and run the up and coming busineesses that employ 10 or 20 people but hope to go to 50 or 100, let's just hope they are motivated by giving back to society, not a new Aston Martin. Mulgrave

8:23pm Wed 29 Jan 14

George Appleby says...

I have no particular loyalty to any party or the system by which they fight for power over us, forged for them by our ancestors.

It is long past it's sell by date and has brought us to where we are!

They like it all. It gives the impression of healthy competition to achieve the best possible results for us all.

The trouble is that we who have been doing the right thing and working hard to raise families to do the same most of our long lives Save, buy our homes from scratch and pay our FULL dues, do it all on trust that we will be properly protected by the services ourprovides.
I have no particular loyalty to any party or the system by which they fight for power over us, forged for them by our ancestors. It is long past it's sell by date and has brought us to where we are! They like it all. It gives the impression of healthy competition to achieve the best possible results for us all. The trouble is that we who have been doing the right thing and working hard to raise families to do the same most of our long lives Save, buy our homes from scratch and pay our FULL dues, do it all on trust that we will be properly protected by the services ourprovides. George Appleby

8:26pm Wed 29 Jan 14

York Fox says...

Mulgrave wrote:
The highly paid executives of public companies, quangos etc will just get an above inflation pay rise and shrug. If you want to send this message to the people in this region who take the risks and run the up and coming busineesses that employ 10 or 20 people but hope to go to 50 or 100, let's just hope they are motivated by giving back to society, not a new Aston Martin.
Absolutely spot on.

People who want this have no idea about business or busnessmen. Not bankers, but the people that create wealth in the UK.
[quote][p][bold]Mulgrave[/bold] wrote: The highly paid executives of public companies, quangos etc will just get an above inflation pay rise and shrug. If you want to send this message to the people in this region who take the risks and run the up and coming busineesses that employ 10 or 20 people but hope to go to 50 or 100, let's just hope they are motivated by giving back to society, not a new Aston Martin.[/p][/quote]Absolutely spot on. People who want this have no idea about business or busnessmen. Not bankers, but the people that create wealth in the UK. York Fox

8:47pm Wed 29 Jan 14

George Appleby says...

It may be too late in old age, always too busy to see that it has long been working against us and offers no way out, with refunds, except for those with power within it.

Many of them, with little real life experience, will fight tooth and nail to keep it.
AS THEIR ROUTE TO GUARANTEED RICHES!

Safer than armed robbery!
It may be too late in old age, always too busy to see that it has long been working against us and offers no way out, with refunds, except for those with power within it. Many of them, with little real life experience, will fight tooth and nail to keep it. AS THEIR ROUTE TO GUARANTEED RICHES! Safer than armed robbery! George Appleby

2:08am Thu 30 Jan 14

Magicman! says...

Let's cut to the chase... benefits for those who cannot work due to being disabled, or who simply cannot find work are being cut, housing benefits cut, more hoops to jump through to even get benefits, working tax credits cut, more zero-hours jobs and minimum wage jobs at the cost of stable jobs on a decent wage, the number of jobs down overall (remember when the Press board on a wednesday said "Over 200 Jobs Inside"?? now you're lucy if it says "up to 60 jobs inside"), fuel bills up, food bills up, council tax up, rents up, still no interest so to speak on any money saved in banks... and yet Osbourne, the guy with such a sleazy face that I slightly vomit in my mouth every time I see it, seems to think it's a good idea to cut the tax for those who are sitting on piles of money to the tune of several million pounds?? whilst the rest are turning to food banks because it's either Heat or Eat... Regardless of what political party you support, if you think this is the right move then you are a braindead moron.
Let's cut to the chase... benefits for those who cannot work due to being disabled, or who simply cannot find work are being cut, housing benefits cut, more hoops to jump through to even get benefits, working tax credits cut, more zero-hours jobs and minimum wage jobs at the cost of stable jobs on a decent wage, the number of jobs down overall (remember when the Press board on a wednesday said "Over 200 Jobs Inside"?? now you're lucy if it says "up to 60 jobs inside"), fuel bills up, food bills up, council tax up, rents up, still no interest so to speak on any money saved in banks... and yet Osbourne, the guy with such a sleazy face that I slightly vomit in my mouth every time I see it, seems to think it's a good idea to cut the tax for those who are sitting on piles of money to the tune of several million pounds?? whilst the rest are turning to food banks because it's either Heat or Eat... Regardless of what political party you support, if you think this is the right move then you are a braindead moron. Magicman!

11:15am Thu 30 Jan 14

tonyfromitaly says...

If he copies France he will succeed ! rich and poor alike will become destitute.
There are an awful lot of French, Italian, Portugese and Spanish people now relocated to the uk. It doesn't take an Einstein to work it out.
If he copies France he will succeed ! rich and poor alike will become destitute. There are an awful lot of French, Italian, Portugese and Spanish people now relocated to the uk. It doesn't take an Einstein to work it out. tonyfromitaly

4:02pm Thu 30 Jan 14

York Fox says...

Totally true - there is one clear example of the way socialist goverment policy will end up, and it is the shocking and criminal disaster that is occuring just across the channel.

Vote Labour, get French style poverty, economic collapse and misery.
Totally true - there is one clear example of the way socialist goverment policy will end up, and it is the shocking and criminal disaster that is occuring just across the channel. Vote Labour, get French style poverty, economic collapse and misery. York Fox

3:07pm Fri 31 Jan 14

gwen4me says...

"Vote Labour, get French style poverty, economic collapse and misery."

Have you been to France recently? I see no signs of collapse.
"Vote Labour, get French style poverty, economic collapse and misery." Have you been to France recently? I see no signs of collapse. gwen4me

3:26pm Fri 31 Jan 14

York Fox says...

gwen4me wrote:
"Vote Labour, get French style poverty, economic collapse and misery."

Have you been to France recently? I see no signs of collapse.
The French do. International organisations do.

My impression is pretty irrelevant compared to those two.
[quote][p][bold]gwen4me[/bold] wrote: "Vote Labour, get French style poverty, economic collapse and misery." Have you been to France recently? I see no signs of collapse.[/p][/quote]The French do. International organisations do. My impression is pretty irrelevant compared to those two. York Fox

12:19am Sat 1 Feb 14

gwen4me says...

When you walk down an English city street and see all the empty shops, thats a sign of collapse. Last year I was in France, and I didn`t see a lot of that.
When you walk down an English city street and see all the empty shops, thats a sign of collapse. Last year I was in France, and I didn`t see a lot of that. gwen4me

7:39am Sat 1 Feb 14

Mulgrave says...

gwen4me wrote:
When you walk down an English city street and see all the empty shops, thats a sign of collapse. Last year I was in France, and I didn`t see a lot of that.
... Have a look at new car registration figures for UK vs not just France but the whole EU. When you remember we are a small island with congested roads they are the more remarkable.
[quote][p][bold]gwen4me[/bold] wrote: When you walk down an English city street and see all the empty shops, thats a sign of collapse. Last year I was in France, and I didn`t see a lot of that.[/p][/quote]... Have a look at new car registration figures for UK vs not just France but the whole EU. When you remember we are a small island with congested roads they are the more remarkable. Mulgrave

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