UK Consumer Borrowing is by far the largest in Europe

[milanbenes]

As long as your missus can find a way to earn £60k, should be a breeze, Beansey...

Milan.

[WTFH]

Corbyn and his ilk baulk at taxpayer funds being paid to "profiteering" landlords by way of housing benefits, and he won't lose much sleep if a whole swathe go bankrupt. Instant house price correction and properties seized in lieu of debts to HMRC available to needy families. What's not to love?

Well, one term of Labour might do the country some good after the last 30 years of Tory rule (if you include Bliar who was to the right of Thatcher)

All this negative talk about how Labour would destroy the country, that being the same country where the Tories only tax the middle and working classes, if you’re very rich or a very big business you pay nothing.
The Daily Mail may publish all the bile they want to about Corbyn, but based on how the Tories are screwing us over, it would be hard for him to do a worse job.

[Mordac]

Well, one term of Labour might do the country some good after the last 30 years of Tory rule (if you include Bliar who was to the right of Thatcher)

All this negative talk about how Labour would destroy the country, that being the same country where the Tories only tax the middle and working classes, if you’re very rich or a very big business you pay nothing.
The Daily Mail may publish all the bile they want to about Corbyn, but based on how the Tories are screwing us over, it would be hard for him to do a worse job.

Now you know that's straight out of the Socialist Worker playbook (i.e. very very incorrect). For starters:
Tax burden on the wealthy has trebled since the 1970s, Telegraph analysis shows

Your point about big business only applies to overseas businesses who are exploiting the EU freedom to base themselves wherever they can get away with paying the least tax. I'm sure it's why Corbyn is so anti-EU. Once we're out, the rules change and Corbyn can hammer Amazon, Google & Starbucks and there's not much they can do about it, if they want to continue making shedloads of money here, that is.
And as for "all this negative talk about how Labour would destroy the country" they've already done it twice in my lifetime, pre 1979 and pre 2010. Under a sustained period of Corbynism, I fear we'd become quite a lot like Cuba. Except without the nice weather...

[milanbenes]

And as for "all this negative talk about how Labour would destroy the country" they've already done it twice in my lifetime, pre 1979 and pre 2010. Under a sustained period of Corbynism, I fear we'd become quite a lot like Cuba. Except without the nice weather...

well as long as it brings down house prices then so be it

Milan.

[WTFH]

Now you know that's straight out of the Socialist Worker playbook (i.e. very very incorrect). For starters:
Tax burden on the wealthy has trebled since the 1970s, Telegraph analysis shows

...
And as for "all this negative talk about how Labour would destroy the country" they've already done it twice in my lifetime, pre 1979 and pre 2010....

So in the 1970s, the bad old 1970s of the last proper Labour government, the tax burden on the rich was less than during the beautifully perfect days of our glorious Maybot, etc.

[mattfx]

Doesn't Corbyn want to actually tax businesses like ours more? I thought I saw in their 2017 manifesto that they were going to abolish the CT reduction proposed by the Tories.

I cannot see a Labour government doing anything more than squeezing our already squeezed middle and driving budding entrepreneurs away from London to go and innovate elsewhere.

[Mordac]

So in the 1970s, the bad old 1970s of the last proper Labour government, the tax burden on the rich was less than during the beautifully perfect days of our glorious Maybot, etc.

Yes, but that probably had more to do with the fact than the highest tax rate was 98% at one stage, so anyone who could afford to f**k off to a tax haven, did.

[The_Equalizer]

Yes, but that probably had more to do with the fact than the highest tax rate was 98% at one stage, so anyone who could afford to f**k off to a tax haven, did.

And totally played the system with company holidays, cars and other such perks. How on earth did anyone think 98% would work?

[shaunbhoy]

well as long as it brings down house prices then so be it

Milan.

Why do YOU care? You no longer live here anyway!

[Mordac]

Why do YOU care? You no longer live here anyway!

He's keeping his options open for when Europe goes to the wall, or start fighting amongst themselves again. If house prices do go bristols-up, he might be able to bag a bargain. Very sensible strategy, if you ask me...