In article <ogmt02$hsf$
1...@dont-email.me>,
tims_n...@yahoo.com says...
>
> "Vidcapper" <
vidca...@yahoo.co.uk> wrote in message
> news:ZoAXA.286115$C56....@fx34.am4...
> > On 31/05/2017 13:51, tim... wrote:
> >>
> >>
> >> "4 Childcare and early years including more money for Sure Start 5.3
> >> (£bn)"
> >>
> >
> > But calculating how much something would cost, is a long way from actually
> > saying how you will raise the necessary money!
>
> did you read the document :-)
>
> TBH some of the things on the list seem to have been completely overlooked
> during journalistic analysis (who knew they were scrapping the married
> persons? tax allowance?)
I did! Something I am actually in favour of as this only paid now
because of religion.
One of the few ticks in the box for Corbyn is that he is an atheist.
>
> And some of them are pie in the sky (Labour?s Tax Avoidance programme
> (sic) - Yeah right, managed the booked savings the previous 33 times it was
> tried, didn't it - not!)
Costings based on the idea that there is a pot of gold out there if we
can just get the tax avoiders to cough up, is a tick is the "you fucking
morons" box.
>
> Corporation tax (see below) 19.4
> Income tax increases for Top 5 per cent (see below) 6.4
> Excessive Pay Levy 1.3
There is also the one about government contracts not being given to any
company that has more than a 20 fold pay differential. The idea,
obviously, is to get companies to bump up the lowest wages and as with a
lot of Labour stuff, nice sentiment.
But if a corporation pays its boss £1,000,000 a year, it would have to
start paying its unskilled staff £50,000 a year. Or a company that pays
the living wage (£8.45), would need to reduce the boss's pay to £329,550
based on the lowest paid working a 37.5 hour week.
It is simply not going to happen. The companies will either "get round
it" or walk away from government work - more likely the former.
> Offshore Company Property Levy 1.6
> Labour?s Tax Avoidance programme 6.5
> Extension of Stamp Duty Reserve Tax to derivatives and removal of exemption
Is this the so called "robin hood tax"? Which I would affect pension
savings. If this is so, I am surprised the press have not delved further
into this one.
> 5.6
> Efficiency review of corporate tax reliefs 3.8
> Reversing tax giveaways on Capital Gains Tax, Inheritance Tax, bank levy and
> scrapping the married persons? tax allowance 3.7
I assume the inheritance tax one is to reverse the exemption of some of
the value of a house if it is left to the kids? I have been trying to
find out but have been unable to find the specifics.
So if that is so, I am amazed there has not been the same "outcry" about
this as there were for the Tories social care policy as it will affect
the same people. But nothing.