Tax rise warnings: Happy to pay more? Feat. Owen Jones & Dawn Neesom | Storm Huntley
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- เผยแพร่เมื่อ 9 ก.พ. 2025
- The boss of a major think tank has said all political parties are not being transparent about their financial plans, and believes households could face five more years of tax rises.
Paul Johnson, the director of the Institute for Fiscal Studies, accused Labour and the Conservatives of engaging in a "conspiracy of silence" over the economy, and said Reform and the Greens have made unrealistic tax claims which make their opponents look 'feeble'.
Well, both Rishi Sunak and Keir Starmer have said they won't raise income tax or national insurance.
But is it enough - and are you concerned about more tax rises?
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the problem isn’t the amount of tax we pay. it’s the fact we pay it and they either trouser it or piss it up the wall. if we paid high taxes and services functioned seamlessly like they should, our roads weren’t covered in potholes, you could get a dentist or a GP appointment and our quality of life was excellent, nobody would complain. you just wonder where all the money is going and that’s why people get hacked off.
I pay too much tax ready. All paid under £25k should be exempt.
How about scrap tax. more money you have the more you will spend.
@@keirmitchell5560excellent idea Einstein. No schools no police no healthcare no fire service no social welfare. A libatarian hell scape for all.
Why do people think all pensioners are wealthy 🤬
I'm fed up of this attitude.
New State pension excludes you from cost of living payments as yr paid 2/3 pnds over pension credit .
That is exactly why we need the triple lock.
I'm not starving but I'm not having holidays either !
Everything is going up 🤬
Someone on £25k only pays 2,500 per year tax anyway. That's only 10% and sounds very fair to me.
£20 billion a year? How much money to we hand out to countries like India which have nuclear weapons and space programs?
I don't know how you could introduce a wealth tax; people would just leave. The world is a rich person's playground, and if it's less fun to play here, they will go somewhere else. A wealth tax would have to be introduced in the majority of countries simultaneously in order for it to work.
Big Corporations need taxing more. Luxury goods need taxing more. Multimillionaires can afford to be taxed more. CGT should be taxed more. People who are just about surviving can’t afford to pay more tax.
The "...People who are just about surviving" do not pay income tax anyway, whereas high earners and multimillionaires pay huge amounts of tax - 60% income tax for example. Don't believe all the social media nonsense that the rich do not pay tax.
No! for one basic reason. No accountability and no way of checking that the stated amount invested in say NHS is actually, absolutely, honest. We need jam pot accounting. Separate out National Insurance call it NHS and Care Contribution Scheme. We then know what is going to the NHS for example.
It's like buying ev car then driving it down the road full of pot holes so you're car is fxxxxx up other words uk is waste of time
Add another VAT tax on luxury goods. Make it tiered by price of goods. Add a tax to wealthy companies who give dividends to stockholders. Amalgamate the NHS and get rid of the excess of chiefs. Get rid of the unnecessary jobs in the NHS like a 'bed counter'. Seriously unnecessary. There are locums who can't get work and jobs that are not being filled, and many people don't turn up for their appointments. So instead, create a better community-based healthcare where doctors visit people in their home like they used to. Split it between physical visits and virtual visits.
Thatcher used to talk about the waste in the NHS. There is terrible waste in the NHS again today. Today, the waste is too much management and not enough nurses, doctors, nursing assistants of different levels and abilities (it doesn't take someone going to college to fetch a bedpan), custodial workers.
There are many ways to revamp public services and to tax the wealthy. Sometimes we just have to be more creative or even go back to basics.
_Add another VAT tax on luxury goods. Make it tiered by price of goods_
Define "luxury". How expensive would it be to create a tiered list of taxes on all goods?
_Add a tax to wealthy companies who give dividends to stockholders_
You think companies don;t already pay tax? What is a "wealthy" company? And dividends are already taxed. How much do you want to tax them...and what effect do you think this would have on companies seeking to raise capital by issuing shares and attracting investors? Share investment is already a risk as there is no guarantee as to their future value. You can end up with shares worth nothing. You want to disincentivise investment more by taxing more heavily? Have you thought about this at all?
The NHS should be privatised and workers' NI payments used to buy health insurance.
No, politicians and civil servants waste our taxes on stupid vanity projects.
It's not about tax rises, it's about where the money over £1,200,000000000 is being alllocated to! Transpareency of the excess £300 billion 'other spending' would be better than tax rises.
We have the highest tax burden since World War 2. Tax rises are always aimed at punishing those already struggling with the cost of living, such as people within the working class and middle class. Most super wealthy and rich people don't pay income tax. These rich people wouldn't move from Britain because in Britain their entire wealth can't be taken/stolen from them, like it could be in other countries.
Short answer.........NO
Increasing corporation tax just increases prices
No it doesn’t. Raising corporation tax will increase investment by companies, as they will rather invest the money than pay it in tax. This will increase productivity and employment.
Silly little boy.
🤣funny how he still looks like a boy,and sounds like a poor northerner,but he’s part of the London elite.
You certainly couldn't go up against Owen verbally.
Buzzing I didn't know he was from our home town xx
To many taxes on everything taxes are to high need to come down fast company taxes needs to drop back to less then 20 per cent there is no companies who is willing to stay In uk working taxes can't go up wages need to go up other words we are fxxx
Owen (tax) Jones. Nothing changes.
Rich people are leaving the uk so what are you on about
3200 millionaires since brexit