UK Politics

[Nobody Interesting]

1 hour ago, steviewevie said:

Green manifesto is kind of sexy. Loads of spending, loads of tax rises, not sure it all adds up...I expect IFS will have something to say. I could actually vote for them, I have the luxury of living in a super safe labour seat so wouldn't make any difference.

Shame their leaders are like a couple of nerd 6th formers.

 

Nerds often become the experts the world relies upon.................... nothing wrong with nerds.

[Nobody Interesting]

1 hour ago, steviewevie said:

why raise NI and not income tax?

 

Cos it is raising NI on incomes of just over £5ok only as they rightly feel it is unfair for high earners to only pay 1% where as the rest of us pay 8%

[steviewevie]

3 minutes ago, Nobody Interesting said:

 

Cos it is raising NI on incomes of just over £5ok only as they rightly feel it is unfair for high earners to only pay 1% where as the rest of us pay 8%

can't you do similar with income tax?

[mattiloy]

9 minutes ago, Nobody Interesting said:

 

Nerds often become the experts the world relies upon.................... nothing wrong with nerds.

Depends. Someone a 17 year old with  a deep interest in say science is very different to one with a deep interest in politics.

 

The desire to do something vs the desire to control things. Or to be part of something, identify yourself as belonging to something.

 

I’d go as far to say that anybody who is very into politics at 17 and/or studies it should be automatically disqualified from being involved in it. In the same way that any 17 year old who joins the cadets because they really like shooting people in the head on call of duty should be disqualified from the army.

Edited June 12 by mattiloy

[Nobody Interesting]

1 minute ago, steviewevie said:

can't you do similar with income tax?

 

Income tax taxes higher earners more on the higher earnings already - NI, as I said, does not.

They simply want to put that right - it was not that long ago that anyone earnign more than £50k paid zero NI on anything above that amount which was ridiculous. Even now NI rates being ,lower on higher earnings is ridiculous.

[Nobody Interesting]

1 minute ago, mattiloy said:

Depends. Someone a 17 year old with  a deep interest in say science is very different to one with a deep interest in politics.

 

The desire to do something vs the desire to control things. Or to be part of something, identify yourself as belonging to something.

 

I’d go as far to say that anybody who is very into politics at 17 and/or studies it should be automatically disqualified from being involved it in. In the same way that any 17 year old who joins the cadets because they really like shooting people in the head on call of duty should be disqualified from the army.

 

In the UK this is the definition of Nerd hence my response, it may be seen differently where you are.

 

noun

a foolish or contemptible person who lacks social skills or is boringly studious. I was a serious nerd until I discovered girls and cars

a single-minded expert in a particular technical field. a computer nerd

verb

engage in or discuss a technical field obsessively or with great attention to detail. his engineering background means he tends to nerd out a bit on the numbers

be or become extremely excited or enthusiastic about a subject, typically one of specialist or minority interest. it's my one time of year to really nerd out with my G.I. Joe collector friends

[steviewevie]

1 minute ago, Nobody Interesting said:

 

Income tax taxes higher earners more on the higher earnings already - NI, as I said, does not.

They simply want to put that right - it was not that long ago that anyone earnign more than £50k paid zero NI on anything above that amount which was ridiculous. Even now NI rates being ,lower on higher earnings is ridiculous.

just seems to be a hit on those working, not those getting their incomes from elsewhere such as pensions.

[steviewevie]

[steviewevie]

actually that looks very gen-z

[Nobody Interesting]

Just now, steviewevie said:

just seems to be a hit on those working, not those getting their incomes from elsewhere such as pensions.

 

I was wrong about it being 1%, it is 2%.
https://www.gov.uk/national-insurance-rates-letters

and why should high earners pay less? As you are openly a Labour supporter do you not think that is highly unfair that those with huge salaries pay less?

NI is a tax that workers pay -always has been always will be. Income Tax is paid by pensioners with high enough incomes to pay it and the more they have the more they pay.

The policy is to make those earning more pay the same rate as those that earn less, it really is that simple and I fail to see how it is in anyway unfair.

[lost]

11 minutes ago, steviewevie said:

just seems to be a hit on those working, not those getting their incomes from elsewhere such as pensions.

 

 

or landlords but yes it also a hit on the young. Someone like me who's got their mortgage off can overpay their pension easily to avoid it whilst a younger person dealing with higher rents / mortgage costs would it find it more difficult. £50k is pretty much the average salary in London.

[steviewevie]

37 minutes ago, Nobody Interesting said:

 

I was wrong about it being 1%, it is 2%.
https://www.gov.uk/national-insurance-rates-letters

and why should high earners pay less? As you are openly a Labour supporter do you not think that is highly unfair that those with huge salaries pay less?

NI is a tax that workers pay -always has been always will be. Income Tax is paid by pensioners with high enough incomes to pay it and the more they have the more they pay.

The policy is to make those earning more pay the same rate as those that earn less, it really is that simple and I fail to see how it is in anyway unfair.

 

Yes, so I think fairer to tax people on higher incomes, not just on higher wages.

It's why the Tories cutting NI was actually better than if they cut income tax.

[Nobody Interesting]

4 minutes ago, steviewevie said:

 

Yes, so I think fairer to tax people on higher incomes, not just on higher wages.

It's why the Tories cutting NI was actually better than if they cut income tax.

 

So you would be in favour of wealth taxes then regardless of how that wealth comes in?

[steviewevie]

oof

 

[steviewevie]

1 minute ago, Nobody Interesting said:

 

So you would be in favour of wealth taxes then regardless of how that wealth comes in?

 

err...yes...?

[steviewevie]

 

[steviewevie]

[fraybentos1]

2 hours ago, Nobody Interesting said:

 

I was wrong about it being 1%, it is 2%.
https://www.gov.uk/national-insurance-rates-letters

and why should high earners pay less? As you are openly a Labour supporter do you not think that is highly unfair that those with huge salaries pay less?

NI is a tax that workers pay -always has been always will be. Income Tax is paid by pensioners with high enough incomes to pay it and the more they have the more they pay.

The policy is to make those earning more pay the same rate as those that earn less, it really is that simple and I fail to see how it is in anyway unfair.

they still pay more tax, just that NI and Income tax are separated

also, you surely don't think someone on 50k in 2024 is a high earner? It's a bit above average for a full time salary 

[Neil]

got my postal vote card this morning.so i've voted:) 

[Neil]

2 hours ago, steviewevie said:

just seems to be a hit on those working, not those getting their incomes from elsewhere such as pensions.

yeah, need to hit the pensions.

[Neil]

7 minutes ago, fraybentos1 said:

they still pay more tax, just that NI and Income tax are separated

also, you surely don't think someone on 50k in 2024 is a high earner? It's a bit above average for a full time salary 

for anyone on £20k, £50k is dreamland.

[lazyred]

6 minutes ago, fraybentos1 said:

they still pay more tax, just that NI and Income tax are separated

also, you surely don't think someone on 50k in 2024 is a high earner? It's a bit above average for a full time salary 

It's high earnings where I live. Even in london fulltime median earnings in april 2023 were 41400. Fron ONS

 

[Neil]

1 hour ago, steviewevie said:

 

haven't seen costings for stopping sewerage discharges yet!or a technical plan to achieve it.

[zahidf]

Lol.

[Nobody Interesting]

27 minutes ago, fraybentos1 said:

they still pay more tax, just that NI and Income tax are separated

also, you surely don't think someone on 50k in 2024 is a high earner? It's a bit above average for a full time salary 

 

In June 2024, according to the ONS, average weekly earnings are £687. The NI rise kicks in for earnings over £967 a week.

 

So average earnings are 40.7% below when the NI rise would kick in - so hardly 'a bit above average'.