4 ms·

Considering that labour is likely to increase taxes even more and tories will likely decrease the taxes they themselves increased, the next election is a nearly

Considering that labour is likely to increase taxes even more and tories will likely decrease the taxes they themselves increased, the next election is a nearly guaranteed tory win. They just have to sack rishi sunak.

tonyedgecombe 3y ago
>They just have to sack rishi sunak. Yeah, because getting rid of the last four Tory leaders has worked so well for them.
- drumhead 3y ago
  They've been in power for over 13 years so they must be doing something right.
  - defrost 3y ago
    Mastering iterative upward failure. Boris was a lovable clown who self imploded so badly that surely no one could be worse --> internally 'elected' replacement Liz Truss who lasted less time than a shelf cabbage after tanking economy --> Rishi Sunak. I can't see as how anything has been done right since the UK started down the distracting BREXIT path that nobody particularly wanted in the first instance save for some kind of confounded "No, I double, double, dare you!" trigger moment.
    - drumhead 3y ago
      52% of the electorate voted for Brexit, that's hardly 'no one'. As for nothing right being done, we've been dealing with a pandemic and a war which have cause an inflationary and energy crisis. But our economic growth in the same period has been higher than Germany and on Par with France, with much lower unemployment. What have the disasters of Brexit been?
      - tonyedgecombe 3y ago
        >What have the disasters of Brexit been? Falling trade with the EU. Increased red tape. Lower investment and hence stagnating productivity. Economic performance below pre-referendum trend. Immigration at an all time high.
        drumhead 3y ago
        Falling Trade with the EU and more red tape? And yet our economy is still growing and its been growing faster than Germany and at the same rate as France. Unemployment is low and Employment is at record rates. We've had productivity problems since the end of the war, the last two years arent any different. Immigration that we can control now. So I can literally see no problems.
swores 3y ago
Good news for you is that if you genuinely believe what you wrote, you'll be pleased to know that since most of the country disagrees with your prediction it's priced as unlikely with bookmakers - so you can get a 450% ROI if you bet on tory win at next general election and it happens! (Different companies odds for it ranging from 24/5 to 4/1 [0]) Good news for the rest of us is that most people don't take such a simplistic view and that therefore promising lower taxes than Labour doesn't guarantee a Tory win. In not so good news, Labour have already back-peddled on most of Starmer's original tax-raising pledges and plans, and it seems that (with the possible exception of their being open to doing a one-off tax on the handful of biggest fossil fuel energy companies) they're not going to be looking to raise taxes on almost any area. Personally I'd like to see a bit of a decrease in income taxes (primarily for the bottom 80% of earners; same or slight decrease for 80-99% percentiles; new slightly higher tier for top 1%) while bringing capital gains tax in line with income tax bands and rates. Because currently the highest rate of cap gains tax is 20%, the same as the lowest band of income tax. Anything you earn above ~£50k of income you pay 40% tax on, earning the same as capital gains... still just 20%. And while I'm at it, a slight increase on business rates too, either only targeting big businesses or specifically excluding businesses under a certain size. PLUS the one-off big tax on energy giants. https://www.oddschecker.com/politics/british-politics https://www.oddschecker.com/politics/british-politics
- gumballindie 3y ago
  > Good news for the rest of us is that most people don't take such a simplistic view Oh yes because they’ve proven this time and again. I dont like the tories, i think they are corrupt and incompetent. But they are likely to lower taxes because they have no other selling point. Labour on the other hand…has no competence in generating growth. Their only plan is that of anyone without a plan: raise taxes. They say they wont but how else can they finance all they promise? And given the lack of competence on both sides the most complex choice is voting for someone that lets me decide what i want to do with my money. Many folks are afraid of this level of freedom. The simplistic notion that the government knows better wont fly with this over burdened tax payer. Oh and those business rates. Guess you expect the government will hire you because that will be the only option if they keep raising them at this rate. Hopefully the NHS gets privatised so we get a relief soon.
blitzar 3y ago
Tories will likely decrease the taxes they promised to decrease (or abolish) the last 13 of 13 years while themselves increasing the tax burdeon to the highest level in 60 years. Honestly the Tories are fortunate that suckers are born every day and despite litterally doing things infront of peoples face every single day they still go out and shill that they are not doing that, wont do that and the other side are the ones doing it.

tonyedgecombe 3y ago

>They just have to sack rishi sunak. Yeah, because getting rid of the last four Tory leaders has worked so well for them.

drumhead 3y ago
They've been in power for over 13 years so they must be doing something right.
- defrost 3y ago
  Mastering iterative upward failure. Boris was a lovable clown who self imploded so badly that surely no one could be worse --> internally 'elected' replacement Liz Truss who lasted less time than a shelf cabbage after tanking economy --> Rishi Sunak. I can't see as how anything has been done right since the UK started down the distracting BREXIT path that nobody particularly wanted in the first instance save for some kind of confounded "No, I double, double, dare you!" trigger moment.
  - drumhead 3y ago
    52% of the electorate voted for Brexit, that's hardly 'no one'. As for nothing right being done, we've been dealing with a pandemic and a war which have cause an inflationary and energy crisis. But our economic growth in the same period has been higher than Germany and on Par with France, with much lower unemployment. What have the disasters of Brexit been?
    - tonyedgecombe 3y ago
      >What have the disasters of Brexit been? Falling trade with the EU. Increased red tape. Lower investment and hence stagnating productivity. Economic performance below pre-referendum trend. Immigration at an all time high.
      - drumhead 3y ago
        Falling Trade with the EU and more red tape? And yet our economy is still growing and its been growing faster than Germany and at the same rate as France. Unemployment is low and Employment is at record rates. We've had productivity problems since the end of the war, the last two years arent any different. Immigration that we can control now. So I can literally see no problems.

swores 3y ago

Good news for you is that if you genuinely believe what you wrote, you'll be pleased to know that since most of the country disagrees with your prediction it's priced as unlikely with bookmakers - so you can get a 450% ROI if you bet on tory win at next general election and it happens! (Different companies odds for it ranging from 24/5 to 4/1 [0]) Good news for the rest of us is that most people don't take such a simplistic view and that therefore promising lower taxes than Labour doesn't guarantee a Tory win. In not so good news, Labour have already back-peddled on most of Starmer's original tax-raising pledges and plans, and it seems that (with the possible exception of their being open to doing a one-off tax on the handful of biggest fossil fuel energy companies) they're not going to be looking to raise taxes on almost any area. Personally I'd like to see a bit of a decrease in income taxes (primarily for the bottom 80% of earners; same or slight decrease for 80-99% percentiles; new slightly higher tier for top 1%) while bringing capital gains tax in line with income tax bands and rates. Because currently the highest rate of cap gains tax is 20%, the same as the lowest band of income tax. Anything you earn above ~£50k of income you pay 40% tax on, earning the same as capital gains... still just 20%. And while I'm at it, a slight increase on business rates too, either only targeting big businesses or specifically excluding businesses under a certain size. PLUS the one-off big tax on energy giants. https://www.oddschecker.com/politics/british-politics https://www.oddschecker.com/politics/british-politics

gumballindie 3y ago
> Good news for the rest of us is that most people don't take such a simplistic view Oh yes because they’ve proven this time and again. I dont like the tories, i think they are corrupt and incompetent. But they are likely to lower taxes because they have no other selling point. Labour on the other hand…has no competence in generating growth. Their only plan is that of anyone without a plan: raise taxes. They say they wont but how else can they finance all they promise? And given the lack of competence on both sides the most complex choice is voting for someone that lets me decide what i want to do with my money. Many folks are afraid of this level of freedom. The simplistic notion that the government knows better wont fly with this over burdened tax payer. Oh and those business rates. Guess you expect the government will hire you because that will be the only option if they keep raising them at this rate. Hopefully the NHS gets privatised so we get a relief soon.

blitzar 3y ago

Tories will likely decrease the taxes they promised to decrease (or abolish) the last 13 of 13 years while themselves increasing the tax burdeon to the highest level in 60 years. Honestly the Tories are fortunate that suckers are born every day and despite litterally doing things infront of peoples face every single day they still go out and shill that they are not doing that, wont do that and the other side are the ones doing it.