This is an important first step but now they need to use this money in a way that we can feel. People don’t mind tax rises if public services are properly managed
It’s certainly not the doom and gloom budget most people expected but I’m still a bit conflicted, perhaps because my small brain cannot understand all of the ins and outs.
On one hand, a lot of the taxes raised will come directly from the higher income workers and the somehwat wealthy but on the other hand they’ve done things like lower stamp duty threshold. How does that help people push out of the working class into the middle and upper middle? It may just be my lack of understanding but it seems like they want to push the middle class and the working class closer together and ultimately leave the extremely wealthy, who have the ability to dodge things like inheritance tax etc. even higher.
I get that there is a great deal of inequality, but I feel people push this burden onto the middle/upper middle class (which in my head is people earning over 50k and have less than 3ish million in assets) whereas the actual issue is with the top 1% who pretty much just skirt all of this. What is the incentive of trying to achieve wealth if you are just going to get taxed to fuck anyway for sub par services. I say this as someone in my 20s who came from nothing, dropped out of uni and is now a high earner. I without doubt have a better quality of life than a lot of people but I am by no means rich and going forward what are my chances of breaking out of the working class cycle for my family permanently. I completely understand why other people wouldn’t care about this as they are just struggling to make ends meet but its also why we have skilled workers leaving the country (probably not as alarming currently as the media portrays but could be down the line).
I’m also not too happy that defence budget is being increased, but I guess at such a tumultuous time its probably justified.
Even things like investing more spending into the NHS is great and councils getting money from selling schemes, but how is the money being allocated and how are we preventing this from just getting into private pockets rather than reinvesting into the community.
Also, I really can’t see how anyone can say this is a socialist budget (as some right wing talking points are suggesting) if one of the points is the ability for social housing to increase rates above inflation lol.
If I am wrong on this assessment, please do let me know. Also this is not to say the Tories were doing any different before someone assumes I am anti-labour or anything.
We are raising funds for breakfast clubs so the nations children getting fed. This is true patriotism. (This is amazing, why is this getting down voted)
Why do they need to tax us more though? Why am I paying way more tax relative to my salary than someone 20 years ago? Where does it end? In 100 years will we be arguing over the government raising the income tax from 98% to 99% income tax?
Much better than expected. Fingers crossed it will all work.
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This is an important first step but now they need to use this money in a way that we can feel. People don’t mind tax rises if public services are properly managed
It’s certainly not the doom and gloom budget most people expected but I’m still a bit conflicted, perhaps because my small brain cannot understand all of the ins and outs.
On one hand, a lot of the taxes raised will come directly from the higher income workers and the somehwat wealthy but on the other hand they’ve done things like lower stamp duty threshold. How does that help people push out of the working class into the middle and upper middle? It may just be my lack of understanding but it seems like they want to push the middle class and the working class closer together and ultimately leave the extremely wealthy, who have the ability to dodge things like inheritance tax etc. even higher.
I get that there is a great deal of inequality, but I feel people push this burden onto the middle/upper middle class (which in my head is people earning over 50k and have less than 3ish million in assets) whereas the actual issue is with the top 1% who pretty much just skirt all of this. What is the incentive of trying to achieve wealth if you are just going to get taxed to fuck anyway for sub par services. I say this as someone in my 20s who came from nothing, dropped out of uni and is now a high earner. I without doubt have a better quality of life than a lot of people but I am by no means rich and going forward what are my chances of breaking out of the working class cycle for my family permanently. I completely understand why other people wouldn’t care about this as they are just struggling to make ends meet but its also why we have skilled workers leaving the country (probably not as alarming currently as the media portrays but could be down the line).
I’m also not too happy that defence budget is being increased, but I guess at such a tumultuous time its probably justified.
Even things like investing more spending into the NHS is great and councils getting money from selling schemes, but how is the money being allocated and how are we preventing this from just getting into private pockets rather than reinvesting into the community.
Also, I really can’t see how anyone can say this is a socialist budget (as some right wing talking points are suggesting) if one of the points is the ability for social housing to increase rates above inflation lol.
If I am wrong on this assessment, please do let me know. Also this is not to say the Tories were doing any different before someone assumes I am anti-labour or anything.
We are raising funds for breakfast clubs so the nations children getting fed. This is true patriotism.
(This is amazing, why is this getting down voted)
Why do they need to tax us more though? Why am I paying way more tax relative to my salary than someone 20 years ago? Where does it end? In 100 years will we be arguing over the government raising the income tax from 98% to 99% income tax?
Much better than expected. Fingers crossed it will all work.
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