To non-Labour voters on here....

Discussion in 'Bulletin Board' started by Watcher_Of_The_Skies, Jun 1, 2017.

  1. 36 Chambers

    36 Chambers Active Member

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    Yes but Diane Abbott as Home Secretary.
     
  2. Donny Red

    Donny Red Well-Known Member

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    Such a thing as a re-shuffle. Won't do it yet because it would invite more criticism plus apart from their romantic
    liaison Diane Abbott has always been one of his staunchest allies.

    I personally don't rate her she's not decisive enough for me.
    The party has tried its best to implode so it's testimony to how badly the Tories are perceived
    to allow what was a yawning gap to be narrowed.

    Some pundits are tipping that Labour are going to
    take the lead at some point. It's not the polls that count sadly.
    Nothing to say that if Labour lose Jeremy himself won't be ousted.
    Be very interesting to see what happens.
     
  3. Con

    Conan Troutman Well-Known Member

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    As it is supposed to be a private ballot I will not be revealing my vote on a public forum.
     
  4. Jimmy viz

    Jimmy viz Well-Known Member

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    Watcher_Of_The_Skies likes this.
  5. Wat

    Watcher_Of_The_Skies Well-Known Member

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    If you take issue with anything I've posted, please tell me what you believe to be wrong and I'll find an alternative source that better fits your own point of view. Or just provide some alternative figures.

    The NHS, which is chronically underfunded has a debt of £2.5bn in 2016. Corporation Tax in 2016 was £50bn or so. It's not too hard to see how important some extra billions would be to the NHS.

    Im glad you agree with me that tax evasion and avoidance is extremely counter productive.
     
  6. blivy

    blivy Well-Known Member

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    Increasing corporation tax has much more wide reaching impacts on the economy. At the moment there's a significant influx of business coming to the UK because of the relatively low corporation tax rate (which I see every day). This increases of jobs, and indirectly raises income tax, NI and VAT (and CT) paid.

    If CT were to increase, there would no longer be that same incentive for businesses to move to (or stay in) the UK, particularly with Brexit on the horizon. What's more, increasing CT doesn't just hit shareholders, studies show that for every 1% increase in CT, worker's wages drop by between 0.3% and 0.5%. So by increasing CT, not only are you no longer attracting business to the UK, you collect less tax indirectly from the existing businesses as well. There are fewer post tax profits for dividend distributions to shareholders (which are taxed again), lower wages (so less income tax, employees NI and employers NI) and less consumer spending power (so less VAT).
     

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