For me the issue stems from 2008 austerity - it should possibly have been deeper but with tax rises as well to get on top of the deficit quickly and stsrt paying back debt before interests rates climbed
we didnt then chucked a load of covid debt on and then interest rates rocketed
we would have been in a much better place if we had cut deeper, taxed more got the defecit to zero around 2011, 2012 and been paying debt back for a decade ... I mentioned this in 2015
https://www.redcafe.net/threads/uk-...overall-majority.400059/page-27#post-17302633
I very much would fall into the 150K plus now and would be happy to see the tax rates I outlined if again accompanies with the measures needed to get on top of debt
25% basic tax, 50% higher rate... i think these are the kind of figures needed to plug the current gap and would still need to be accompanied by other taxes (windfall tax, pension contrribution changes, non dom arrangements) and will still require austerity deeper than before if we are to finally get on top of the deficit and start paying back some of the debt which personally i still think is the best thing for the long term future though i doubt any political party has the balls for it
So I think you could agree then that this Tory government isn't capable in the slightest of resolving the financial issues we're facing right now. The proof is in the pudding so to speak.
And then to add on top of that Brexit which has crippled the economy further and then Liz Truss blowing a big hole in the economy too.
And then the billions wasted on furtbough and ppe contracts.
And despite all this inequality continues to grow. The wealthy get wealthier, the poor get poorer.
Your proposals just don't work. In the real world there are many kids already suffering from poverty. Again record levels in the UK. There are families out there choosing between heat or food. There are people paying 50% of their income on rent alone. And guess whose pockets are being lined with that money.
And let's not forget all the other scandal and corruption of these torys. Owning flats in London but renting them out for profit while getting free accommodation provided in London as an expense at our cost.
Spending 100s of thousands to decorate a flat and not declaring the money.
Buying up a load of luxury flats and not declaring the pruchaes and then claiming its just an "oversight".
Paying out 100k a year for life every other month to the newest tory pm not elected by the people.
Billions of pounds handed out to friends of torys with no ppe experience because there was no need to tendor and then blocking investigations into these dealings and not attempting to recover the funds.
Claiming non dom status while working as a mp to avoid tax. As well as the current pm wife also claiming non dom status to avoid tax.
Moving their companies to the cayman Islands to avoid paying corporation tax. JRM
And were simply just scratching the surface here with the scandal after scandal.
And you want working class people like me and others to believe that this Tory party who actively avoid tax through multiple loopholes along with the donors, are best served to get the country out of a financial mess which was largely stimulated by themselves last month.
Like really?
You suggest raising tax for the higher bracket. But will any of that be paid in tax? Of course it won't. Pay into ISAs. Pay into pensions. Donate to charities. All the same tricks used by higher earners will continue to be used to pay as little tax as possible.
The milks run dry. You can't milk the poorest any more. The hard decisions which need to be made are tackling the super wealthy.
People try to compare the radical changes Corbyn wanted to apply to a dystopian universe. A dystopia universe is having millions of people struggling to put food on their table while working 40 hour weeks, while boys like Bezos and Musk are worth near half a trillion between the pair of them.
I genuinely whole heartedly believe we're not far off a revolution happening in the UK in the coming years. And even the most naive of society are starting to see through the whole "it's those on benefits" "it's those damn immigrants" rhetoric. The real war is the class war. And it has real potential to get ugly without radical change.