Not quite correct though. The £2.2m wasn't all 'income' for tax purposes. Quite a bit of it was capital gains, which is taxed at a lower rate.
Not saying I approve, but it's a little unfair to compare it to a train driver.
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[Politics] Tory meltdown finally arrived [was: incoming]...
- Thread starter TomandJerry
- Start date
Not quite correct though. The £2.2m wasn't all 'income' for tax purposes. Quite a bit of it was capital gains, which is taxed at a lower rate.
Not saying I approve, but it's a little unfair to compare it to a train driver.
nicko31
Well-known member
It’s crazy unearned gains have such a low rate, CGT should be same as marginal income tax rate.
If Labour get in, it needs changing
KZNSeagull
Well-known member
Does Holly Valance have to agree with everything her husband says or does then?
I guess his charitable donations also offset his tax liability.
No. But she did say that we're lefties "until you wake up". So, basically saying her husband is asleep and misguided!
pocketseagull
Well-known member
- Dec 29, 2014
- 1,065
Think that's probably more of a reflection of where Labour are currently.
- Oct 17, 2008
- 10,728
More smoke and mirrors and deflection, making “social issues” (which are barely issues except for a tiny minority*) front and centre to distract from the absolute shit show of the economy, immigration, the NHS, housing and a million other more pressing issues for the government to address.
Starmer has done brilliantly as leader not to get drawn into this nonsense so far, why start now? Just shut down the debate, go back to drilling about all the above issues and holding the government to account on all their actual mistakes.
*I am not minimising prejudice that anyone faces. The facts are the 2021 census lists 262,000 trans people in the UK, or 0.5% of the population. In 2022, 4732 hate crimes were committed against trans people. 101,906 racist hate crimes were committed.
The fact is this is classic deflection using the right wing media to stir up a “them and us” sentiment with the gammons and the social justice warriors.
Starmer has done brilliantly as leader not to get drawn into this nonsense so far, why start now? Just shut down the debate, go back to drilling about all the above issues and holding the government to account on all their actual mistakes.
*I am not minimising prejudice that anyone faces. The facts are the 2021 census lists 262,000 trans people in the UK, or 0.5% of the population. In 2022, 4732 hate crimes were committed against trans people. 101,906 racist hate crimes were committed.
The fact is this is classic deflection using the right wing media to stir up a “them and us” sentiment with the gammons and the social justice warriors.
TomandJerry
Well-known member
- Oct 1, 2013
- 11,541
- Thread starter
- #21,968
Cash-strapped local authorities across the UK took out massive 50-year loans at soaring rates of interest in the aftermath of Liz Truss’s catastrophic mini-budget, according to official figures that reveal more about the long-term cost to the public of her 49 days in office.
Figures from the government’s Debt Management Office show that after the budget on 23 September, 2022, announced by Truss’s chancellor Kwasi Kwarteng, 24 50-year loans of between £590,000 and £40m were taken out by councils at interest rates of up to 4.77 %, over the rest of that year.
During 2023, while rates remained high, a further 29 50-year loans, including one of £80m by Lambeth council at an interest rate of more than 5%, were taken out as local authorities remained under severe financial pressure.
The way councils have been pressured by successive Tory governments to take on more debt and to adopt risky strategies to get by will be highlighted this week in a speech by shadow levelling up secretary Angela Rayner.
Figures from the government’s Debt Management Office show that after the budget on 23 September, 2022, announced by Truss’s chancellor Kwasi Kwarteng, 24 50-year loans of between £590,000 and £40m were taken out by councils at interest rates of up to 4.77 %, over the rest of that year.
During 2023, while rates remained high, a further 29 50-year loans, including one of £80m by Lambeth council at an interest rate of more than 5%, were taken out as local authorities remained under severe financial pressure.
The way councils have been pressured by successive Tory governments to take on more debt and to adopt risky strategies to get by will be highlighted this week in a speech by shadow levelling up secretary Angela Rayner.
TomandJerry
Well-known member
- Oct 1, 2013
- 11,541
- Thread starter
- #21,969
Schools across England are warning they will soon be unsafe because they are having to cut teachers and support staff to save money, with record numbers now in deficit.
With escalating behavioural problems, soaring numbers of children with special educational needs, and increased pupil numbers, schools say staff are already stretched to the limit. Yet heads across the country say they now have no choice but to plan redundancies or not replace leaving staff in order to balance their books.
With escalating behavioural problems, soaring numbers of children with special educational needs, and increased pupil numbers, schools say staff are already stretched to the limit. Yet heads across the country say they now have no choice but to plan redundancies or not replace leaving staff in order to balance their books.
TomandJerry
Well-known member
- Oct 1, 2013
- 11,541
- Thread starter
- #21,970
Bad news for Rishi ..
"The UK government’s controversial Rwanda legislation that deems the African country as a safe place to deport people to is fundamentally incompatible with Britain’s human rights obligations and places it in breach of international law, according to a damning parliamentary report."
"The UK government’s controversial Rwanda legislation that deems the African country as a safe place to deport people to is fundamentally incompatible with Britain’s human rights obligations and places it in breach of international law, according to a damning parliamentary report."
Thunder Bolt
Silly old bat
He's known all along but loves to blame a 'foreign' court. Any politician wanting to remove us from the UCHR needs locking up.
He was told his deportation plan broke 7 British human rights, let alone anything international, which is why he is trying to force through his own 'plan'.
Surely we'll just create another law to get round it?
Thunder Bolt
Silly old bat
You want your human rights removing?
TomandJerry
Well-known member
- Oct 1, 2013
- 11,541
- Thread starter
- #21,974
"Following line by line scrutiny of the bill, which reaches its committee stage in the House of Lords on Monday the report finds that the bill is fundamentally incompatible with the UK’s human rights obligations, erodes the protections laid down in the Human Rights Act, contravenes parts of the European convention on human rights and falls short of the UK’s commitment to comply with international treaties.
The committee’s chair, Joanna Cherry MP, said: “This bill is designed to remove vital safeguards against persecution and human rights abuses, including the fundamental right to access a court. Hostility to human rights is at its heart and no amendments can salvage it."
The committee’s chair, Joanna Cherry MP, said: “This bill is designed to remove vital safeguards against persecution and human rights abuses, including the fundamental right to access a court. Hostility to human rights is at its heart and no amendments can salvage it."
Nobby Cybergoat
Well-known member
- Jul 19, 2021
- 7,074
No sensible person does
But the fella wasn't saying this was his wish, he was predicting Sunak's next move.
And he's right to predict this. Sunak is desperate to recreate the anti European sentiment in towns where Tories may be able to hold marginal seats.
This report is perfect for Sunak.
The Tories will now just call for the Human Rights Act to be scrapped / amended, and to pull out of the ECHR - as this is the "Will of the People" you know.
Thunder Bolt
Silly old bat
The Lords are trying to stall the Rwandan plan so will there be enough time? The polls in the marginal Tory seats are still showing Labour gains as people think the cost of living crisis is more important than a deportation scheme.
Hope not.
highflyer
Well-known member
- Jan 21, 2016
- 2,435
And he has consistently refused to contemplate increasing tax on income from capital gains (essentially unearned income) to the same rate as tax on income from actual work. So I'd say it's fine to hold him accountable for the low rates of tax he pays.
But then...Labour under Starmer have taken the same position. So we are all getting shafted by the rich, no matter what.
Thunder Bolt
Silly old bat
Another rat leaving the sinking ship.