Tax lowered but only for Tory chumps, that people still don’t get that blows my mind…
In 2023 Corporation Tax increased from 19% to 25% for companies with profits above £250k, that’s an increase of over 30% in one year.
It’s worth it though, because our public services are second to none
I wouldn’t mind if the NHS was fully funded, Royal Mail was nationally owned and running properly, the water companies were nationally owned and running properly, the roads and roadworks were done in a timely manner, the train systems up and down the country weren’t subject to constant delays and cancellations and we actually had some semblance of a high speed maglev network so Edinburgh could travel to London in 3 hours like many other developed countries (not including America) currently have. The education system was funded properly and teachers weren’t leaving at the rate they are, kids got free school lunches, the police were properly funded AND investigated for wrong doing, inner city areas had proper social and places for kids to use rather than just stripping money from their area and expecting it to get better. The list goes on and on and on, it’s ridiculous how our taxes are increasing while spending on everything by the government goes down.
> It ranks the UK as having the 16th highest rate of 38 OECD countries
So, pretty much slap bang in the middle then?
Records also began in 2000. Stupid title.
I hate the news.
For all the reasons to hate conservatives and push the labour agenda…. This has to be among the weakest. There are some very real valid ones.
We have to pay the hotel bills of all the new doctors and nurses somehow..!
I don’t understand why anyone still votes conservative. I mean actual tory voters – people who value tradition, are socially conservative, want a small state, low taxes, etc. The conservative party has spent the last thirteen years doing the exact opposite of all of it. They’re now just like an evil and incompetent version of Labour.
This is what happens when you kneecap the economy..
The ‘austerity’ experiment from 2010 was not only a bad idea – restrict spending just as you are coming out of a sharp recession – but done in the worst possible way; consumption spending on pensions was prioritized and investment was slashed.
There’s a lot else going on – rampant NIMBYism making development much harder than it should be, housing shortages and high rents making it hard for workers to move to jobs, NHS waiting lists keeping people on the sick, Brexit, endemic short termism.. none of which is addressed by the government.
And if the economy does not grow (per capita) but the demand for services grows – quite drastically given the growth of the over-75 cohort – then the tax take will have to go up as a percentage of GDP.
/r/unitedkingdom Every other day: taxes need to rise so the rich pay more
Statistics: Taxes earned have risen to record levels.
/r/unitedkingdom: Why this is actually a bad thing because I hate the UK and can’t accept good news.
> A Treasury spokesperson said: “Our autumn statement delivers a £10 billion per year tax cut for businesses by making full expensing permanent, and an over £9 billion per year tax cut for employees and the self-employed, worth over £450 for the average worker on £35,400.”
How does the spokesman say that with a straight face? They’ve raised taxes by £90 billion and tell us they are lowering taxes because they bring in £20 billion of cuts. We are still paying £70 billion more in taxes between us and it’s only going to go up with the higher tax rate threshold being frozen for another 3 years.
And yet we are, metaphorically, on our arse. Talk about mismanagement.
Party of low taxes and fiscal responsibility back at it
Yet still somehow they will go into the next election claiming they have cut taxes.
13 comments
Tax lowered but only for Tory chumps, that people still don’t get that blows my mind…
In 2023 Corporation Tax increased from 19% to 25% for companies with profits above £250k, that’s an increase of over 30% in one year.
It’s worth it though, because our public services are second to none
I wouldn’t mind if the NHS was fully funded, Royal Mail was nationally owned and running properly, the water companies were nationally owned and running properly, the roads and roadworks were done in a timely manner, the train systems up and down the country weren’t subject to constant delays and cancellations and we actually had some semblance of a high speed maglev network so Edinburgh could travel to London in 3 hours like many other developed countries (not including America) currently have. The education system was funded properly and teachers weren’t leaving at the rate they are, kids got free school lunches, the police were properly funded AND investigated for wrong doing, inner city areas had proper social and places for kids to use rather than just stripping money from their area and expecting it to get better. The list goes on and on and on, it’s ridiculous how our taxes are increasing while spending on everything by the government goes down.
> It ranks the UK as having the 16th highest rate of 38 OECD countries
So, pretty much slap bang in the middle then?
Records also began in 2000. Stupid title.
I hate the news.
For all the reasons to hate conservatives and push the labour agenda…. This has to be among the weakest. There are some very real valid ones.
We have to pay the hotel bills of all the new doctors and nurses somehow..!
I don’t understand why anyone still votes conservative. I mean actual tory voters – people who value tradition, are socially conservative, want a small state, low taxes, etc. The conservative party has spent the last thirteen years doing the exact opposite of all of it. They’re now just like an evil and incompetent version of Labour.
This is what happens when you kneecap the economy..
The ‘austerity’ experiment from 2010 was not only a bad idea – restrict spending just as you are coming out of a sharp recession – but done in the worst possible way; consumption spending on pensions was prioritized and investment was slashed.
There’s a lot else going on – rampant NIMBYism making development much harder than it should be, housing shortages and high rents making it hard for workers to move to jobs, NHS waiting lists keeping people on the sick, Brexit, endemic short termism.. none of which is addressed by the government.
And if the economy does not grow (per capita) but the demand for services grows – quite drastically given the growth of the over-75 cohort – then the tax take will have to go up as a percentage of GDP.
/r/unitedkingdom Every other day: taxes need to rise so the rich pay more
Statistics: Taxes earned have risen to record levels.
/r/unitedkingdom: Why this is actually a bad thing because I hate the UK and can’t accept good news.
> A Treasury spokesperson said: “Our autumn statement delivers a £10 billion per year tax cut for businesses by making full expensing permanent, and an over £9 billion per year tax cut for employees and the self-employed, worth over £450 for the average worker on £35,400.”
How does the spokesman say that with a straight face? They’ve raised taxes by £90 billion and tell us they are lowering taxes because they bring in £20 billion of cuts. We are still paying £70 billion more in taxes between us and it’s only going to go up with the higher tax rate threshold being frozen for another 3 years.
And yet we are, metaphorically, on our arse. Talk about mismanagement.
Party of low taxes and fiscal responsibility back at it
Yet still somehow they will go into the next election claiming they have cut taxes.