The Tories have 'killed buy-to-let for the middle-classes'

[Zero Liability]

Short term thinking at its worst. You cannot beat basic economics, printing money is just passing the problem to the next government and the next generations.

You cannot spend more than you earn.

It's such a shame that neither the Tories nor their 'opposition' can grasp that.

[Waldorf]

Mess? It was great under Labour administration - low taxes (no divi tax, 40% max), BTLs for everybody, sensible interest rates of 5-6% to keep savers happy, IR35 not working, taper relief on long term investments.

There was a dividend tax under Labour, just not any extra if you weren't a higher rate tax payer. Of course under the Labour government of the late 1970's we had a high rate of tax of 83% and investment income surcharge (dividend tax) of 15% giving a top rate of 98% !!

The last month of the last Labour government saw the top rate of 50% introduced.

We also had growth built on debt, both private and public, both were allowed to explode and build the economy on sand.

Labour squandered the golden legacy the Major government left, unlike the 'there's no money left' that Cameron took over from.

[Waldorf]

It's such a shame that neither the Tories nor their 'opposition' can grasp that.

The short termism of the electorate nod not allow that, sadly.

[SueEllen]

Sadly the middle income are always going to end up paying for over spending. The lower income group do not earn enough, and certainly contribute less due to the tax cuts the Tories have brought in, the high income groups, well there are not enough of them to make much difference.

Yes, I do think a Labour government would increase taxes further, I thought that was my main point all along!

Blair and Brown were very careful to cultivate the middle classes as without us they couldn't win. So they were more shrewd than Gideon about what taxes they increased e.g. pasty tax, caravan tax.

Both Milliband, who didn't have a f***ing clue, and Corbyn, who doesn't care, were/are unelectable.

[DimPrawn]

Blair and Brown were very careful to cultivate the middle classes as without us they couldn't win. So they were more shrewd than Gideon about what taxes they increased e.g. pasty tax, caravan tax.

Both Milliband, who didn't have a f***ing clue, and Corbyn, who doesn't care, were/are unelectable.

'Tampon tax' proceeds to go to women's charities - BBC News

You know where they can stick that tax, don't you?

[BrilloPad]

Of course under the Labour government of the late 1970's we had a high rate of tax of 83% and investment income surcharge (dividend tax) of 15% giving a top rate of 98% !!

Yet that was not the worst government of the seventies. That honour goes to Heath. At least it led to Maggie coming to power.

[BrilloPad]

As sasguru would have said, they should have studied harder at school, and become laywers, doctors, architects, or MPs, rather than collecting trolleys as ASDA on min wage.

There are plenty of young people in IBs who cannot afford a home. And probably never will do.

Anyone who wants to become a lawyer or MP should be shot.

Architects don't earn much.

I agree about Doctors though.

[vetran]

'Tampon tax' proceeds to go to women's charities - BBC News

You know where they can stick that tax, don't you?

just be glad there isn't an anusol tax!

[OwlHoot]

BS

I saw what looked like an authoritative article on this, but I can't find it now. So you may be right.

But do you _know_ you are right, or are you just guessing?

[AtW]

You cannot spend more than you earn.

So why is Osborne still spending so much???