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jjeffery worboys
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Comments by "jjeffery worboys" (@jjefferyworboys8138) on "General election 2024: Labour's Sir Keir Starmer refuses to commit to unfreezing tax thresholds" video.
@mightyatom1404 Neither was Boris or any past PM. We only ever elect a party to form a government.
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Income tax is the governments largest source of income, in 2022/3 it was £788 billion @ 10% increase on the previous year. Even a small increase in personal allowances would be is very costly. By contrast Inheritance tax raised @ £7bn, the relative cost of increasing thresholds or scrapping it completely, by comparison is tiny.
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Corruption will be replaced by incompetence which will be even more expensive.
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Ironically he doesn't like tax cuts because the poor benefit the least, how is this mindset compatible with growing the economy if he doesn't incentivise ambition ?
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Ironically his came 3 years after the death of Savile, the man he failed to prosecute thereby saving the establishment.
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@paultrickett7717 They all live in London and the South East and most are very ordinary people.
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@mightyatom1404 Every economic activity is dependant on the banking system.
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I thought the working class were very good at shouting ?
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Unlikely.
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What useful purpose would that serve ? Should he then issue an International arrest warrant for George Bush ?
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The Bank of England saved the economy, the markets didn't like the Truss unfunded tax cutting mini budget and caused it to crash.
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@bwilliams572 It's a statement that he has more than enough income from other sources for it not to be an issue for him. He has a net worth of over £50m !!!!
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@jamesdenny5078 He has a net worth of over £50m , so an MP's salary is small change to him.
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Sunak is 43, Starmer 61. In 1783 William Pitt the younger became PM at the age of 24.
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Income tax is the governments largest source of income, anything other than a very modest increase in the thresholds would cost too much, so it's more likely he will leave for Labour to become the new bad guys.
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@gary_c2376 They seem keen to remove Non Dom Tax status, but seem to have forgotten that these very rich people can live and spend their money anywhere in the world they choose. What will happen to all the Non Dom Premier league footballers ?
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