Raise Taxes for All to improve Services

I predict capital gains tax on residential property sales and NI on private pension income will be mooted.
 
CCFskiver said:
I predict capital gains tax on residential property sales and NI on private pension income will be mooted.
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Well it is on 2nd Home sales, and it would depress property prices and make them more affordable for 1st time buyers.

I think the increase in NI should be reinstated. Its original proposal to help towards financing health and social care was one of Lying Bastard's better ideas.
 
Ollygon said:
Well it is on 2nd Home sales, and it would depress property prices and make them more affordable for 1st time buyers.

I think the increase in NI should be reinstated. Its original proposal to help towards financing health and social care was one of Lying Bastard's better ideas.
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If it was truly ringfenced for the NHS then I don't think many would object, other than the objectionable...
 
PoolRule4EVA said:
Yes it is the the best (and fairest) way.
I would add windfall taxes but only when the situation demands.
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The fairest way is to ensure that big business pays its fair share of tax:
1. A windfall tax on energy companies.
2. Cut out tax avoidance loopholes.
3. Add 1% to Corporation Tax.
4. Reintroduce the 10p tax rate.
5. Add 1% to the basic rate of tax.
6. Add 2% to the higher rate of tax.
 
1966_and_all_that said:
The fairest way is to ensure that big business pays its fair share of tax:
1. A windfall tax on energy companies.
2. Cut out tax avoidance loopholes.
3. Add 1% to Corporation Tax.
4. Reintroduce the 10p tax rate.
5. Add 1% to the basic rate of tax.
6. Add 2% to the higher rate of tax.
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Very sensible.
 
1966_and_all_that said:
Except that everyone who benefits from a private pension will already have paid NI on the contributions taken from sal,
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1966_and_all_that said:
Except that everyone who benefits from a private pension will already have paid NI on the contributions taken from salaries.
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Agreed, but given the enormity of the problems facing us, particularly the social care fiasco, I don’t believe anything will be off the table. Politically very difficult, yes, but maybe economically necessary.
 
I think tax rates have to be more creative and be focused on rectifying specific issues, as well as raising money
Increase corporate tax on non productive earnings
Put a special tax on loans used for non productive purposes.
Progressive corporate value (wealth) tax starting at around 250 million
Remove the loopholes in cross pricing so that income is taxed where it is gained.
Windfall taxes to be applied more frequently. Energy, banking, finance and tech in particular need to be reigned in
An earnings gap tax, for public companies where c suite execs are paid hundreds of millions and front line staff are barely getting by. Additional corp Inc tax to be applied
Monopoly and collaborative market tax
 
Wizaard said:
If it was truly ringfenced for the NHS then I don't think many would object, other than the objectionable...
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Agree but I can’t help thinking it would be used to employ more management and executives and highly paid external management consultants.

The number of ‘back office’ versus ‘front office’ people in the NHS is frankly mystifying? There cannot be a person in the land that doesn’t want more people in the front line yet the back office PowerPoint squad just swells and swells.
 
We are all still paying for the Brexit Divorce Bill until 2057. £42 Billion in total by current estimates.

Somewhat ironic then that, despite £40 Billion being the figure Sunak says needs to be raised to cover the current black hole, he makes no mention of the continual Brexit payments.

I think it's safe to say that by 2057, the living standards of the average Brit will be considerably lower than what Brits enjoyed during the boom time years as an EU member between 1995-2015.
 
BigHandsOliverKahn said:
We are all still paying for the Brexit Divorce Bill until 2057. £42 Billion in total by current estimates.

Somewhat ironic then that, despite £40 Billion being the figure Sunak says needs to be raised to cover the current black hole, he makes no mention of the continual Brexit payments.

I think it's safe to say that by 2057, the living standards of the average Brit will be considerably lower than what Brits enjoyed during the boom time years as an EU member between 1995-2015.
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There's a Greek BHOK probably saying something similar - and they are still members of the EU.

1995-2015 was the era where the tax payer picked up the bill for working tax credits, cheap foreign labour suppressed wages all of which enabled corporations to profit massively

2008 - 2015 standard of living dropped, as did life expectancy in many parts of the UK which didn't benefit from being members of the EU (returning our taxation through structural funds, isn't a benefit, it's an exercise in paperwork).
 
TSSeasider said:
There's a Greek BHOK probably saying something similar - and they are still members of the EU.

1995-2015 was the era where the tax payer picked up the bill for working tax credits, cheap foreign labour suppressed wages all of which enabled corporations to profit massively

2008 - 2015 standard of living dropped, as did life expectancy in many parts of the UK which didn't benefit from being members of the EU (returning our taxation through structural funds, isn't a benefit, it's an exercise in paperwork).
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Somewhat ironic in that Teesside and Blackpool have both benefitted massively from EU infrastructure projects.
 
Wizaard said:
Somewhat ironic in that Teesside and Blackpool have both benefitted massively from EU infrastructure projects.
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I get that structural funds have been used in the areas (I chaired a Partnership spending them for a number of years) but on a macro-level it was far less than we put in directly through our contributions - where that money is or isn't spent is a political choice - as we are currently seeing through levelling up (or lack thereof).
 
TSSeasider said:
I get that structural funds have been used in the areas (I chaired a Partnership spending them for a number of years) but on a macro-level it was far less than we put in directly through our contributions - where that money is or isn't spent is a political choice - as we are currently seeing through levelling up (or lack thereof).
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And we have a PM who boasts of taking money from the North and giving it to Tunbridge Wells as part of levelling up.
 
Chunkylad said:
Agree but I can’t help thinking it would be used to employ more management and executives and highly paid external management consultants.

The number of ‘back office’ versus ‘front office’ people in the NHS is frankly mystifying? There cannot be a person in the land that doesn’t want more people in the front line yet the back office PowerPoint squad just swells and swells.
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The number of non- medically trained admin, clipboard and HR leeches in the NHS is eye watering.
 
Rumours that the triple lock may remain 🙄 but the increase in pension age increased sooner.

I'm already in the 67 - potentially 68 bracket.

It'll be 70 by the time I qualify. 👎
 
Wilburrabbit said:
The number of non- medically trained admin, clipboard and HR leeches in the NHS is eye watering.
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Says who?

I agree we need more nurses and doctors, but you need to strike a balance with "back office" staff as well.

I've personally suffered significantly from errors made in the health service, both at hospital and GP level. Not from doctors or nurses, but from records not being kept up to date due to a shortage of admin staff.

This applies to most of the public sector, and many parts of the private sector as well. You need an appropriate level of managers, accountants, lawyers, HR staff and admin staff - otherwise the whole system breaks down.

I wish the ignorati wouldn't spout such ill-informed bullshit!
 
Your opinion. Several people I know are either leaving the NHS or thinking about it because of the colossal waste of money spent on useless admin w*nkers. Fact. They are making decisions overriding trained professionals which put patients at risk.

Perhaps you should consider that other opinions are also valid instead of resorting to I’ll informed insults.
 
Wilburrabbit said:
Your opinion. Several people I know are either leaving the NHS or thinking about it because of the colossal waste of money spent on useless admin w*nkers. Fact. They are making decisions overriding trained professionals which put patients at risk.

Perhaps you should consider that other opinions are also valid instead of resorting to I’ll informed insults.
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Whatever apocryphal nonsense underpins your assertion that people are leaving the NHS because of administrators, allow me to suggest that administrators are as important to the organisation
 
Mmm. You have obviously had an experience which has left you being someone without the ability to see other peoples view. Not really worth trading facts with you my friend as it will have no effect.

Nobody would suggest that there is no need for any administrators but the quantity and poor quality of some of them is truly staggering.

Carry on in your little bubble though if it makes you happy.
 
Ollygon said:
Says who?

I agree we need more nurses and doctors, but you need to strike a balance with "back office" staff as well.

I've personally suffered significantly from errors made in the health service, both at hospital and GP level. Not from doctors or nurses, but from records not being kept up to date due to a shortage of admin staff.

This applies to most of the public sector, and many parts of the private sector as well. You need an appropriate level of managers, accountants, lawyers, HR staff and admin staff - otherwise the whole system breaks down.

I wish the ignorati wouldn't spout such ill-informed bullshit!
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I think the Audit office have issued reports on the NHS back office function being top heavy and the administration being prone to waste and inefficiency. In an organisation that big it will suffer from inefficiencies, the same with the Civil service in general and very large corporations.

There is a theory that states the more that large organisations try to create efficiency, which tends to be an exclusively short term measure, the efficiency measures tend to create medium to long term inefficiency. There are numerous studies that show the most efficient working groups are somewhere between 50 and 100 people, once you get beyond that there seems to be an actual necessity to duplicate functionality.

The tendency in large organisations in terms of creating efficiencies is to lose (redefine) the people at the bottom rungs before losing or changing the people at the top. The basic delivery system of the organisation is compromised, but the management and admin tend not to recognise that problem, and so will keep looking at "solutions" for the basic delivery, outsourcing, privatisation (NHS), multiple or less defined roles for workers at the coal face, additional monitoring and reporting etc etc. often layering in even more senior administration / management need.
 
Unless there is transformation in the big spending areas such as NHS or DWP the only way we will maintain basic services is through tax rises.
 
Surely the answer is simple:
- Universal credit should be taxed at 45% on the first £10 and then 54% on the balance.
- Children at school on Pupil Premium should have to wash the dishes. In autumn they sweep up the leaves.

Other less radical ideas will be forthcoming from TTJ et al.
 
Labour rumoured to want to increase basic rate of income tax to 25 per cent and VAT to 32 per cent.Other ideas are to discontinue free bus pass and winter fuel payment for pensioners! At least they want to bring back National Service for 16- 60 year olds and open up coal mines in Wales and Yarkshire.🤔
 
No problem with Increasing taxes to benefit all, but talk of cutting spending is ** Ludicrous, our current infrastructure is 3 world level already
 
SeasideTerrier said:
Surely the answer is simple:
- Universal credit should be taxed at 45% on the first £10 and then 54% on the balance.
- Children at school on Pupil Premium should have to wash the dishes. In autumn they sweep up the leaves.

Other less radical ideas will be forthcoming from TTJ et al.
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Let's bring back the workhouse
 
Trammo said:
Labour rumoured to want to increase basic rate of income tax to 25 per cent and VAT to 32 per cent.Other ideas are to discontinue free bus pass and winter fuel payment for pensioners! At least they want to bring back National Service for 16- 60 year olds and open up coal mines in Wales and Yarkshire.🤔
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Rumoured by Tufton St, not based on anything else.
 
Nationalise the transport industry and the utility company’s, that will save billions not having to pay shareholders and investors, the capital raised in these companies is provided by the customers and bill payers as it stands !
 
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