Reply to: The great recession, how the rich got richer and inequality grew

[BrilloPad]

Ah yes.

I'd like a £10k mortgage please.

Feck off.

You've got to save for a year and then we might deign to consider your application written in blood.

£10k? You wanted to buy a whole street in Chelsea?

At least it encouraged saving.

[DoctorStrangelove]

At least house prices were sensible. Relative to wages that is.

Ah yes.

I'd like a £10k mortgage please.

Feck off.

You've got to save for a year and then we might deign to consider your application written in blood.

[BrilloPad]

The joy of the 1970s.

At least house prices were sensible. Relative to wages that is.

[DoctorStrangelove]

Ah, the youth of today, unable to remember this classic quote:

Squeeze property speculators until the pips squeak.

Speech in Lincoln (18 February 1974), quoted in The Times (19 February 1974), p. 4.

Misreported as "tax the rich until the pips squeak".

"The pips squeak" metaphor was originated by Sir Eric Campbell-Geddes and later used by David Lloyd-George.

Not forgetting that Denis Healey was on the right wing of the Labour Party rather than a fecking Marxist Leninist Trot like the current incumbent.

Tax rates of 98% at the top end.

People renting suits.

The joy of the 1970s.

P.S. This Means You. <pointy finger thing>

[BrilloPad]

I'm registered in a Tory / Labour marginal. I'm not a Corbynite but voting Labour is a lesser of two evils decision.

Anyone who votes Tory or Labour is wrecking the UK. Still I suppose thats what you want.

[TwoWolves]

I'm registered in a Tory / Labour marginal. I'm not a Corbynite but voting Labour is a lesser of two evils decision.

If Corbyn is the leader of the Labour party then you are effectively that. Didn't Labour FUBAR things enough last time for you?

I can't stand any of them but at least hope for the party that will do the least - it's the only safe option with parliament. Look how good it's been for Belgium?

[Old Greg]

It won't just be "salary" income though. Millions of people are expecting an inheritance windfall when their aged parents pop off.

But I think there's little doubt Corbyn & co will tax inheritance, and perhaps any form of capital gains including profits on any property sale, like any other income.

So, given that the top rate of income tax will probably be 80% or more, I doubt if many will see much in the way of inheritance windfalls. More fool them if the turkeys had voted Labour, assuming things would stay roughly as they had been. Agent Cob & comrades are _serious_ about wealth redistribution!

I was rebutting the Project Fear propaganda claims about salary.

[OwlHoot]

Labour party policy gives a salary of 80k p.a. not 30k for personal taxation increases.

General election 2017: Labour rules out tax rises for 95% of earners - BBC News

It won't just be "salary" income though. Millions of people are expecting an inheritance windfall when their aged parents pop off.

But I think there's little doubt Corbyn & co will tax inheritance, and perhaps any form of capital gains including profits on any property sale, like any other income.

So, given that the top rate of income tax will probably be 80% or more, I doubt if many will see much in the way of inheritance windfalls. More fool them if the turkeys had voted Labour, assuming things would stay roughly as they had been. Agent Cob & comrades are _serious_ about wealth redistribution!

[Old Greg]

I was thinking of fullyautomatix, but I’m not sure if s/he’s trolling half the time :-)

In my case in the last election it was similar to yourself, I voted Labour for the first time despite Corbyn, not because of him.

FA is trolling.

[meridian]

I'm registered in a Tory / Labour marginal. I'm not a Corbynite but voting Labour is a lesser of two evils decision.

I was thinking of fullyautomatix, but I’m not sure if s/he’s trolling half the time :-)

In my case in the last election it was similar to yourself, I voted Labour for the first time despite Corbyn, not because of him.

[Old Greg]

Apart from one poster on CUK, how many Corbynites do you think are here?

I'm registered in a Tory / Labour marginal. I'm not a Corbynite but voting Labour is a lesser of two evils decision.

[meridian]

Given the average UK wage is £30k I would imagine pretty much everyone on here is going to be classed as 'wealthy'

Do ya think the Corbynites on here realise that?

Talk about Turkeys voting for Christmas.

Tch

Apart from one poster on CUK, how many Corbynites do you think are here?

[Old Greg]

Given the average UK wage is £30k I would imagine pretty much everyone on here is going to be classed as 'wealthy'

Do ya think the Corbynites on here realise that?

Talk about Turkeys voting for Christmas.

Tch

Labour party policy gives a salary of 80k p.a. not 30k for personal taxation increases.

General election 2017: Labour rules out tax rises for 95% of earners - BBC News

[original PM]

I think he'll come for a lot of things that only "the wealthy" have and the majority of folks won't bat an eye because everyone knows the rich* need to be taxed more.

* rich = someone who earns more than you

Given the average UK wage is £30k I would imagine pretty much everyone on here is going to be classed as 'wealthy'

Do ya think the Corbynites on here realise that?

Talk about Turkeys voting for Christmas.

Tch

[Platypus]

once they realise they can't tax the really wealthy they'll come for your pensions.

I think he'll come for a lot of things that only "the wealthy" have and the majority of folks won't bat an eye because everyone knows the rich* need to be taxed more.

* rich = someone who earns more than you