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The Next Labour Govt In London


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12 hours ago, RecklessAbandon said:

Dog whistle (politics) - Wikipedia

"In politics, a dog whistle is the use of coded or suggestive language in political messaging to garner support from a particular group without provoking opposition. The concept is named after ultrasonic dog whistles, which are audible to dogs but not humans. Dog whistles use language that appears normal to the majority but communicates specific things to intended audiences. They are generally used to convey messages on issues likely to provoke controversy without attracting negative attention."

Yes  of course.

All a bit reminiscent of claims that those voting for Brexit didn’t really know what they were voting for.
 

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10 hours ago, The Voice of Reason said:

Yes  of course.

All a bit reminiscent of claims that those voting for Brexit didn’t really know what they were voting for.
 

Well that is statistically and empirically provable, you only have to Google Brexit Regret or look on YouTube for the plentiful videos or just ask 100 Brexit voters which outcome they wanted and get 100 different answers.

 

 

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  • 2 weeks later...
9 hours ago, cissolt said:

This is an interesting conundrum though, isn't it?  As Stuart says, he is advising clients about the use of a legal provision in the UK Taxes Acts.  That may cause tax leakage, and I don't deny that, but there is no reason to beat up the Isle of Man about it.  The solution is to amend the law and remove the exemptions.  Labour may well do that.  Presumably the Tories didn't because most of them used this type of planning.

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13 minutes ago, Boo Gay'n said:

The solution is to amend the law and remove the exemptions.  Labour may well do that.  Presumably the Tories didn't because most of them used this type of planning.

But the exemptions mirror the exact same UK exemptions for the same type of pensions. Basically it’s a spivvy pitch worthy of Swiss Tony which, as the Phantom covers in another thread, would likely give rise to an IHT charge anyway if over used. 

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Tax rises on the way in Uk as predicted, may pave the way for more rises here to fund health & of course public sector wage rises!

The Daily Telegraph says Ms Reeves is expected to blame NHS pressures, prisons and schools for the funding gap when she sets out her audit in Parliament on Monday. The paper also reports than an "autumn tax raid" is likely with plans to raise taxes by up to £25bn. It says there are fears that a "raid on pensions or inheritance tax" could be coming.

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57 minutes ago, Banker said:

Tax rises on the way in Uk as predicted, may pave the way for more rises here to fund health & of course public sector wage rises!

The Daily Telegraph says Ms Reeves is expected to blame NHS pressures, prisons and schools for the funding gap when she sets out her audit in Parliament on Monday. The paper also reports than an "autumn tax raid" is likely with plans to raise taxes by up to £25bn. It says there are fears that a "raid on pensions or inheritance tax" could be coming.

The prime minister, Keir Starmer, told business leaders this week that the public finances were “in the worst place since the second world war”.

A Labour source said: “On Monday, the British public are finally going to see the true scale of the damage the Conservatives have done to the public finances.

“They spent taxpayers’ money like no tomorrow because they knew someone else would have to pick up the bill. It now falls to Labour to fix the foundations of our economy and that work has already begun.”

Economists have predicted Reeves will “kitchen sink” the bad news about the economy, in an expected excoriation of the previous government’s record. The review is likely to conclude that existing spending plans are unsustainable and would require substantial cuts to public services, a position that economists had highlighted repeatedly before the election.

Presenting her Treasury audit to the Commons on Monday, the chancellor is expected to say her review has revealed state and privatised services at risk of collapse under current plans.

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Winter fuel payments scrapped for some pensioners, major cuts announced and preparations for tax rises in October budget, Alex will be able to jump on bandwagon and announce cuts and more tax rises.

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Above-inflation rises of 5.5% for public sector workers mooted and a 22.5% offer for junior doctors subject to acceptance of terms. Our public sector will be rubbing their hands together.

Edited by Non-Believer
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On 7/26/2024 at 8:10 AM, Banker said:

Tax rises on the way in Uk as predicted, may pave the way for more rises here to fund health & of course public sector wage rises!

The Daily Telegraph says Ms Reeves is expected to blame NHS pressures, prisons and schools for the funding gap when she sets out her audit in Parliament on Monday. The paper also reports than an "autumn tax raid" is likely with plans to raise taxes by up to £25bn. It says there are fears that a "raid on pensions or inheritance tax" could be coming.

Pundits should stop trying to guess the future and concentrate on what explaining what is happening now.

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Reeves has certainly gone in full steam ahead.    I wonder if many people who voted for Labour are having regrets such as the millions of pensioners who are losing their heating bonus.  I am sure there is much worse to come if she raises inheritance tax we may get a few wealthy people moving over.

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After 14 years in opposition, Labour politicians and Labour voters are quickly learning about the realities of Government. It’s going to be interesting to watch how they balance their priorities over the next few months and deal with the many issues that bother many of their own voters without upsetting some of the other factions within the Party. The honeymoon period will be very short. 

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9 hours ago, Fred the shred said:

Reeves has certainly gone in full steam ahead.    I wonder if many people who voted for Labour are having regrets such as the millions of pensioners who are losing their heating bonus.  I am sure there is much worse to come if she raises inheritance tax we may get a few wealthy people moving over.

Already stated yesterday tax rises will be implemented, likely inheritance, capital gains, pensions , dividends, maybe companies.

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