The Starmer Years - Can The New Broom Sweep Clean?

[badgerx16]

6 hours ago, Whitey Grandad said:

It's not their money.

True, but then again I continue to pay tax to help fund the NHS even when I'm not using it. What sort of chaos would ensue if everybody got a day-to-day input into Government spending ?

Edited 1 minute ago by badgerx16

[Sir Ralph]

27 minutes ago, Weston Super Saint said:

Source?

There are multiple sources

https://www.lbc.co.uk/article/andy-burnham-london-south-paying-north-england-5HjdcDp_2/
 

https://www.thetimes.com/uk/politics/article/andy-burnham-south-paying-price-for-norths-economic-failure-x3mmmv58s

https://www.ft.com/content/08039dd6-0863-4836-806a-921151e398a1?syn-25a6b1a6=1

[tdmickey3]

2 minutes ago, Sir Ralph said:

There are multiple sources

https://www.lbc.co.uk/article/andy-burnham-london-south-paying-north-england-5HjdcDp_2/
 

https://www.thetimes.com/uk/politics/article/andy-burnham-south-paying-price-for-norths-economic-failure-x3mmmv58s

https://www.ft.com/content/08039dd6-0863-4836-806a-921151e398a1?syn-25a6b1a6=1

Multiple speculative sources 

[Sir Ralph]

1 minute ago, tdmickey3 said:

Multiple speculative sources 

I agree not announced as policy yet. However these policies are said to be central to his strategy. If they aren’t put into place great but based on what I’ve read, they will be

[egg]

41 minutes ago, Sir Ralph said:

I understand your point and I’ve no objection to the principle of increased investment in the north. However Burnham is proposing a change to individual’s contribution in the south to achieve this objective and reducing northerners tax bill to achieve this. 

You do post some bollox. 

[Sir Ralph]

3 minutes ago, egg said:

You do post some bollox. 

Oh the lefties are getting abusive again. How so? Have you actually read any of the articles - do you know what Burnhams anticipated policies are and his history of comments on the policies referred to in these articles?

Edited 6 hours ago by Sir Ralph

[Lord Duckhunter]

This is a ridiculous argument. If you take London out of it, there are some incredibly poor areas in the “south” & some affluent areas in the North. 
 

Laughable that Burnham is trying to position himself as an outsider set to march on Westminster & its London centric agenda. He’s a Westminster machine politician to his core, he only fucked off back “opp north” after Corbyn smashed him in he’s second failed attempt to become leader. 
 

It’s as big a blag as Boris’ “levelling up”, & will be about as successful. Like it or not, London is the key to economic growth, however hard you try any rebalancing or redistribution, if you take money and investment from London or load extra taxes on them , it affects everyone adversely. 

Edited 2 hours ago by Lord Duckhunter

[Weston Super Saint]

3 hours ago, Sir Ralph said:

There are multiple sources

https://www.lbc.co.uk/article/andy-burnham-london-south-paying-north-england-5HjdcDp_2/
 

https://www.thetimes.com/uk/politics/article/andy-burnham-south-paying-price-for-norths-economic-failure-x3mmmv58s

https://www.ft.com/content/08039dd6-0863-4836-806a-921151e398a1?syn-25a6b1a6=1

Two locked behind pay walls. The LBC one only talks about budgets.

Have you got a source for your claim that Southerners will be taxed more than Northerners, or is that just made up bollocks?

[egg]

3 hours ago, Sir Ralph said:

Oh the lefties are getting abusive again. How so? Have you actually read any of the articles - do you know what Burnhams anticipated policies are and his history of comments on the policies referred to in these articles?

Leftie! Behave. There's a vast area between the left and the right side of political spectrum. Don't fall into the simpleton belief that politics is just left and right. 

You are talking bollox in suggesting that Burnham has said that southerners will be taxed more than northerners.

If I'm wrong, doubtless you can link me to something Burnham has actually said, not an opinion piece. 

 

[Sir Ralph]

28 minutes ago, egg said:

Leftie! Behave. There's a vast area between the left and the right side of political spectrum. Don't fall into the simpleton belief that politics is just left and right. 

You are talking bollox in suggesting that Burnham has said that southerners will be taxed more than northerners.

If I'm wrong, doubtless you can link me to something Burnham has actually said, not an opinion piece. 

 

You will be surprised to hear he hasn’t said “southerners will be taxed more than northerners”. Politically that would be very stupid.

However if you intend to apply what could be a 0.5% annual levy on property it will disproportionately impact the south (unless you want to argue that property values in the south are lower). Inheritance tax will also be revised which again will catch those with higher property prices (in the south). 

[Sir Ralph]

1 hour ago, Weston Super Saint said:

Two locked behind pay walls. The LBC one only talks about budgets.

Have you got a source for your claim that Southerners will be taxed more than Northerners, or is that just made up bollocks?

Im certain I understand more about the policies he supports and will likely bring in and the demographic of people it will impact. I recommend reading more on it before accusing people that are better informed than you. I’ll give you the simple conclusion from chat gpt. He talked about land tax and inheritance tax changes in the early 2010 and also earlier this year when he was campaigning. Read a bit more then pop back again 

If Burnham were in a position to shape national tax policy, the broad direction appears to be:

• less reliance on taxing earned income;
• more reliance on taxing accumulated wealth, land and property;
• reforming rather than simply increasing inheritance taxation.

The people most exposed would generally be:

• owners of high-value homes,
• landlords,
• those with large estates,
• people with substantial capital assets.

Since high-value property is disproportionately located in southern England, the financial impact would likely fall more heavily on the South overall, though there would be exceptions and the exact distribution would depend on the final design of any reforms.

 

Edited 1 hour ago by Sir Ralph

[badgerx16]

19 minutes ago, Sir Ralph said:

However if you intend to apply what could be a 0.5% annual levy on property it will disproportionately impact the south (unless you want to argue that property values in the south are lower). Inheritance tax will also be revised which again will catch those with higher property prices (in the south). 

Next you will be claiming that income Tax is unfair as somebody earning £50k pays more than somebody earning £25k.

[aintforever]

17 minutes ago, Sir Ralph said:

Im certain I understand more about the policies he supports and will likely bring in and the demographic of people it will impact. I recommend reading more on it before accusing people that are better informed than you. I’ll give you the simple conclusion from chat gpt. He talked about land tax and inheritance tax changes in the early 2010 and also earlier this year when he was campaigning. Read a bit more then pop back again 

If Burnham were in a position to shape national tax policy, the broad direction appears to be:

• less reliance on taxing earned income;
• more reliance on taxing accumulated wealth, land and property;
• reforming rather than simply increasing inheritance taxation.

The people most exposed would generally be:

• owners of high-value homes,
• landlords,
• those with large estates,
• people with substantial capital assets.

Since high-value property is disproportionately located in southern England, the financial impact would likely fall more heavily on the South overall, though there would be exceptions and the exact distribution would depend on the final design of any reforms.

 

What tax system wouldn’t disproportionately effect London and the South East?

[Sir Ralph]

9 minutes ago, badgerx16 said:

Next you will be claiming that income Tax is unfair as somebody earning £50k pays more than somebody earning £25k.

You’ve gone from denying such a policy wouldn’t impact the southerners to now changing the subject to income tax. Im regularly reminded that there are too many people in this country that want others to pay for them and the politics of envy is rife. Sad state of affairs as aspiration is unfortunately being trodden on. 

Edited 1 hour ago by Sir Ralph

[trousers]

27 minutes ago, aintforever said:

What tax system wouldn’t disproportionately effect London and the South East?

A tax on whippets?

Edited 39 minutes ago by trousers

[egg]

47 minutes ago, Sir Ralph said:

You will be surprised to hear he hasn’t said “southerners will be taxed more than northerners”. Politically that would be very stupid.

However if you intend to apply what could be a 0.5% annual levy on property it will disproportionately impact the south (unless you want to argue that property values in the south are lower). Inheritance tax will also be revised which again will catch those with higher property prices (in the south). 

So that's your point. 

By that argument, there's already be a north/south divide in terms of SDLT and IHT.

Ridiculous posting. 

[egg]

24 minutes ago, Sir Ralph said:

You’ve gone from denying such a policy wouldn’t impact the southerners to now changing the subject to income tax. Im regularly reminded that there are too many people in this country that want others to pay for them and the politics of envy is rife. Sad state of affairs as aspiration is unfortunately being trodden on. 

His point highlights how daft your point is. 

More value = more growth, so more gain down south. But your focus will ignore the cream and focus on the IHT at the other end, or the CGT if it's an investment. 

You'll be calling it two tier taxation next. 

[Sir Ralph]

26 minutes ago, egg said:

So that's your point. 

By that argument, there's already be a north/south divide in terms of SDLT and IHT.

Ridiculous posting. 

 

SDLT and IHT already fall more heavily on high value property which is mainly in the south. From what I’ve read Burnham will shifts greater tax burden on land and property so there will be an even greater impact on the south which I don’t believe is fair

Edited 13 minutes ago by Sir Ralph