Rishi Sunak - Prime Minister

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Discussion

Mandat

3,904 posts

240 months

Tuesday 21st November 2023
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Matthen said:
It really doesn't. The country is still destitute - the only place tax cuts really make sense are at the bottom, helping those who can't afford their rent. Cutting taxes for those on 100K or more would be another nail in the coffin of the Tory's.

Tax free allowance up to 14K would help the majority of people who need help.

So you can guarantee that they won't do that. (It'd cost billions regardless, so doubt they could even if they wanted to).

It'll be IHT - appeal to the grey vote, make no material difference to countries finances.
Ever heard of the Laffer curve?

If a reduction in a tax rate increases tax revenue, why would any Government not do that, as it's a win-win for the tax man & the tax payer.

Gecko1978

9,857 posts

159 months

Tuesday 21st November 2023
quotequote all
Matthen said:
It really doesn't. The country is still destitute - the only place tax cuts really make sense are at the bottom, helping those who can't afford their rent. Cutting taxes for those on 100K or more would be another nail in the coffin of the Tory's.

Tax free allowance up to 14K would help the majority of people who need help.

So you can guarantee that they won't do that. (It'd cost billions regardless, so doubt they could even if they wanted to).

It'll be IHT - appeal to the grey vote, make no material difference to countries finances.
The tax a jump at 100k should never have happend as its 60% marginal iirc. Most people around the cusp put it into a pension so it raises little it literally punishes sucess.

100k is a huge amount if you make 30k but it's a tiny amount if your super rich and drive a new ferrari. In essence the 100k is what 50k was back in the 80s.

IroningMan

10,154 posts

248 months

Tuesday 21st November 2023
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Gecko1978 said:
The tax a jump at 100k should never have happend as its 60% marginal iirc. Most people around the cusp put it into a pension so it raises little it literally punishes sucess.

100k is a huge amount if you make 30k but it's a tiny amount if your super rich and drive a new ferrari. In essence the 100k is what 50k was back in the 80s.
Throw in student loan repayments and it's more than 60%...you're also going back a bit too far: £100k now was £50k in about 1997.

Countdown

40,195 posts

198 months

Tuesday 21st November 2023
quotequote all
Mandat said:
Ever heard of the Laffer curve?

If a reduction in a tax rate increases tax revenue, why would any Government not do that, as it's a win-win for the tax man & the tax payer.
It depends what point we are on the Laffer Curve.

PlywoodPascal

4,392 posts

23 months

Tuesday 21st November 2023
quotequote all
Countdown said:
Mandat said:
Ever heard of the Laffer curve?

If a reduction in a tax rate increases tax revenue, why would any Government not do that, as it's a win-win for the tax man & the tax payer.
It depends what point we are on the Laffer Curve.
Maybe the government should do a controlled randomised trial on personal income tax levels to see what the most effective tax rate is.

anonymoususer

6,002 posts

50 months

Tuesday 21st November 2023
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I know that thoughts may be expressed on here about MP’s that appear negative
I also know that PH is at heart a caring community and that no one really wishes ioll of any MP
I have therefore today started my letters to the known MP’s that are leaving at the next election.
In it I will state that on behalf of the whole of the PH community we wish them well and thank them for their service.
It's the right thing to do
The list is long and so far is as below. I do wonder how many more will be added and perhaps Rishi himself will completely resign if a landslide loss to Labour happens.

George Eustice,
Mark Pawsey,
Sajid Javid,
Douglas Ross,
Dehenna Davison
William Wragg
Chloe Smith.
Chris Skidmore
Andrew Percy
Sir Charles Walker
Adam Afriye
Crispin Blunt.
Sir Mike Penning
Sir Gary Streeter
Matt Hancock
Edward Timpson
Jo Gideon
Sir Paul Beresford
Stephen McPartland
Robin Walker
Sir Graham Brady
Pauline Latham
Gordon Henderson
Henry Smith
John Howell
Sir Julian Knight
Matthew Offord
Craig Whittaker
Jonathan Djanogly
Sir Alister Jack
Sir Robert Goodwill
Richard Bacon
Philip Dunne
Dominic Raab
Will Quince
Royston Smith
Sir Bill Cash.
Lucy Allan
Steve Brine
Chris Clarkson
Ben Wallace
Trudy Harrison
Stephen Hammond
Sir Alok Sharma
Stuart Anderson
Nicola Richards
Andy Carter
David Jones
Chris Grayling
John Baron
Nick Gibb
Bob Stewart
Sir James Duddridge

swisstoni

17,191 posts

281 months

Tuesday 21st November 2023
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SIR Alok Sharma? I must have missed that.

abzmike

8,566 posts

108 months

Tuesday 21st November 2023
quotequote all
swisstoni said:
SIR Alok Sharma? I must have missed that.
For services to COP.. all that climate stuff the PM has dissed recently.

S600BSB

5,142 posts

108 months

Friday 24th November 2023
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Anyone got any idea how the Peter Bones recall petition is going? By-election in Feb/March would be great.

bitchstewie

51,993 posts

212 months

Friday 24th November 2023
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chrispmartha

15,611 posts

131 months

Friday 24th November 2023
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bhstewie said:
I was actually there!

macron

9,989 posts

168 months

Friday 24th November 2023
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bhstewie said:
Most five year olds have watched Bob The Builder.

Bloomberg was probably less practical.

turbobloke

104,368 posts

262 months

Saturday 25th November 2023
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macron said:
bhstewie said:
Most five year olds have watched Bob The Builder.

Bloomberg was probably less practical.
Do either of those esteemed sources cite ad hom-ing as anything other than a logical fallacy?

The above rhetoric sounds desperate. Is Labour's recent council election disaster and Reeves' £28bn green spending pledge u-turn leading to squeaky bottoms as Starner faces a closing open goal? More u-turns to come as empty rhetoric plays catch-up? It looks very much so. Surely he can avoid more bloopers and at least give us a hung parliament,

ChocolateFrog

25,877 posts

175 months

Saturday 25th November 2023
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If that footage of him abusing a hammer isn't a deep fake then I couldn't have less respect for the guy.

What complete clown.

frisbee

5,006 posts

112 months

Saturday 25th November 2023
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ChocolateFrog said:
If that footage of him abusing a hammer isn't a deep fake then I couldn't have less respect for the guy.

What complete clown.
The woman instructed him to use the side of the hammer.

So his hammer skills are (marginally) better than Turbobloke's rebuttal skills.

ChocolateFrog

25,877 posts

175 months

Saturday 25th November 2023
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frisbee said:
ChocolateFrog said:
If that footage of him abusing a hammer isn't a deep fake then I couldn't have less respect for the guy.

What complete clown.
The woman instructed him to use the side of the hammer.

So his hammer skills are (marginally) better than Turbobloke's rebuttal skills.
Why would she do that? Hard-core Labour supporter maybe.

S600BSB

5,142 posts

108 months

Saturday 25th November 2023
quotequote all
frisbee said:
ChocolateFrog said:
If that footage of him abusing a hammer isn't a deep fake then I couldn't have less respect for the guy.

What complete clown.
The woman instructed him to use the side of the hammer.

So his hammer skills are (marginally) better than Turbobloke's rebuttal skills.
Why is everyone having a go at TB? He’s the Grandfather of NP&E with 102,000 posts! Show some respect.

bitchstewie

51,993 posts

212 months

Saturday 25th November 2023
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ChocolateFrog said:
If that footage of him abusing a hammer isn't a deep fake then I couldn't have less respect for the guy.

What complete clown.
It isn't a fake and he was told to use the side of the hammer.

Just found it funny that he looks about five.

don'tbesilly

13,957 posts

165 months

Saturday 25th November 2023
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ChocolateFrog said:
If that footage of him abusing a hammer isn't a deep fake then I couldn't have less respect for the guy.

What complete clown.
Typical Labour stunt, it smacks of desperation given everything else Labour could attack Sunak / Tories over right now.

https://t.co/MwD9FwQFUO

glazbagun

14,301 posts

199 months

Saturday 25th November 2023
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don'tbesilly said:
ChocolateFrog said:
If that footage of him abusing a hammer isn't a deep fake then I couldn't have less respect for the guy.

What complete clown.
Typical Labour stunt, it smacks of desperation given everything else Labour could attack Sunak / Tories over right now.

https://t.co/MwD9FwQFUO
What, like when Milliband ate a sandwich and it made the Front page of The Sun?