Labour manifesto breakdown | World
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- เผยแพร่เมื่อ 19 ต.ค. 2024
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A Labour government would raise an extra £48.6bn in annual revenue with tax rises for the wealthy and on business in order to fund an equivalent increase in public sector spending, according to the party’s final manifesto.
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Can't slag it off!
The cost of the Labour manifesto, if they win the next election, is estimated to cost an extra 200 billion pounds per annum and this does not include the 50 billion pounds cost of our payment to the EU each year. Where is this money to come from? In real terms it can only come from increased taxation, so the less well off will find themselves worse off, but the rich will as usual find ways and means of not paying the extra as they always do. The extra money can of course come from printing more money, in which case everyone will be worse off. Labour of course forget that the less well off will then strike for more pay leading to increased inflation which itself puts up costs causing runaway inflation, it always does. Most people don’t know, or have forgotten, the extremely high inflation rate of 12 percent of the late sixties and early seventies. Not forgetting the labour government of the first ten years of this century when Gordon Brown robbed pension funds and let the banks run riot, which caused the 2008 financial disaster.
Neeed ❤️
Can we trust any of them?
There's tuff times ahead
JUSTMAGIC007
Tuff times for wealthy multi-billionaires scum for sure! 😀
Just because people have money doesn't make them scum. You don't know how hard they worked for it
jadeola If I design a product and its made in China, they work 16 hours a day and 6 days a week. I am the boss and work as hard as I want and can hire people if needed. I am paid 1 million dollars in each year and they 50 000 each year. Who has worked the hardest? Is it harder to create intellectual property or work 16 hours a day really hard? I think that the top don't need to earn 100-1000 times more than the bottom, 10 times more is enough. 300 people own 50‰ cake while the rest 7 000 000 000 has to share the other half.
jadeola It's the middle class that make the economy move.
the background music for this piece is quite cheery and positive... I wonder if this should be interpreted as tacit support for labour and their manifesto? I personally would have gone with the theme music for the film Jaws
oh no not increased spending on the nhs and higher taxes for greedy people how scary
on the plus side if labour win its the millenials that will be paying for this for decades to come while the baby boomers will be benefiting with higher pensions and an incentive to spend rather than pass on inheritances a ove tax thresholds.
Jeff Bell guess what, economics is a religion. So sometimes you just gotta believe in it. Ai will be the biggest issue for us millenials. So don't worry about that.
Well l remember nationlised industries, no profit, poor performance, strikes
at a drop of a hat etc. etc. The tax payer ends up footing the bill for
incompetence and slap dash services. However, l can see
the point for owning our own utilities as we have control over them .A sensible approach would be
a bit of both, private and publicly run services so no one ideology dominates.
Labour knows that it is going to be clobbered in the election. This manifesto is addressed to the core voters. The big question is, who is going to control the Labour Party after June 9th.
Ahahha