Reeves insists National Insurance increase won’t break manifesto pledge
Chancellor says raising employers’ contributions would stick to promise to protect working people from tax rises
That’s the tax she’s going to raise.
It’s obviously a bad tax to raise too – why do we want to tax employment? Yes, yes, that’s only the first incidence, the second is upon wages. But that first incidence is indeed upon employment. We’re narrowing the gap between what you get from going to work and the bennies you get from not going to work.
“Labour will not increase taxes on working people, which is why we will not increase National Insurance, the basic, higher, or additional rates of Income Tax, or VAT”.
Labour manifesto 2024 page 21.
I suppose they would consider raising “basic, higher or additional rates of income tax, or VAT” on pensioners or those deemed not ‘working people’ to be consistent with their manifesto pledges too….
promise to protect working people from tax rises
So, that’s all the non-working people to hammer. Children, unemployed, retired.
I saw a job advertised at HMRC. Salary of £76k and quite openly mentioning the equivalent of £22k a year employer contribution to the pension. 29% of salary. There isn’t a private company anywhere that will be doing that. But that’s what it costs to provide public sector pensions.
For “Rachel” read “Weasel”.
TMB @ 7.43, for “Reeves” read “Thieves”……
Rachel Reeves on Monday hinted that she would launch a tax raid on jobs in the Budget, warning of “tough” measures to boost public services and balance the books.
We’ve got to tax jobs, to pay for all the millions of cheap labour immigrants they brought in to take our jobs.
I think in the fullness of time, we’re likely to discover that the definition of “working people” is unionised public-sector employees. At all levels, including the mandarin class.
@Steve
A large proportion of those cheap labour immigrants went straight into employment in the NHS, became unionised Labour voters, and therefore immediately became “Working people”. Given that tax “paid” by the taxpayer-funded is only in fact a reduction of their wages, I think we’ll find that some mechanism will be found to make sure that these stout-hearted, devoted public servants do not end up out of pocket.
Norman – I hope they make sure all those 70 IQ Nigerians they plan on replacing British people in the British Army with don’t have to pay more tax.
That might affect the “competitive edge” our “world class” armed forces have, according to the chinless homosexuals who run the armed forces.
Well – they either set out to deliberately mislead *someone* in their manifesto, *or* they’re really ignorant. Neither is a good look.
Norman @ 09:19 sounds spot on to me.
Tim: maybe you should write a piece on the 1st and 2nd incidence of this proposal. Would the Telegraph carry it? They ought to because their current financial/economic writers are broadly lousy, save for The Blessed Ambrose who is, more precisely, wildly erratic.
Unfortunately it’s a politically astute move.
Many folks are only dimly aware of Employer’s NIC and wouldn’t think anything more than “The company’s paying it, not me”.
@dearieme
I should have added “Mandarin class pensioners”, too. We’ve already seen several instances of how their pensions have been protected in ways the private sector’s are not, all the way up to TTK’s own personal Act of Parliament.
@Steve
Talking of the army, the reason I fear for the future of my grandkids is that we’re reaching the point where there are more people living in the UK who are willing to attack it than there are willing to defend it.
@Mr Womby
They’re not even to attack it. They’re just waiting for it to fall apart, so that they inherit it. They forget who pays their bennies, and where that money comes from.
Of course, some of them simply look forward to a medieval caliphate and don’t care. The rest, especially the avaricious Africans, are likely to be severely disappointed with their inheritance. Ah, but they don’t tend to go in much for forethought and considering the consequences of actions, do they?
Mr W – Talking of the army, the reason I fear for the future of my grandkids is that we’re reaching the point where there are more people living in the UK who are willing to attack it than there are willing to defend it.
Tbf, if the UK was being attacked in my front garden, I’d close the curtains. There’s no reason on Earth to suffer any hardship for people who categorise you as “useless white males”. There’s no reason to defend a country that refuses to defend its own children from Islamic paedophile grooming gangs.
That’s the problem with living in a Clown World, nihilism isn’t a sustainable basis for a society. God and country used to be a pretty good basis, but they hate God and snigger at patriotism.
So, fuck em.
Addolff @08:52
Deal!
Henceforth it shall be Weasel Thieves.
Sadly, I have a mate on hte Tele who commissions stuff and he did hire me a few times. He was then told by his boss that he – his boss – didn’t like me and therefore to stop doing so.
Ho Hum.
You might get lucky Tim. With the change of ownership you’d think there’ll be a good old clean out at the Terriblegraph.
I certain hope so, because it is dogshit and has been for some time.
I think Geoffers is right. They’re probably going to tax things that aren’t as obvious. So “employers” NIC for one. Maybe another raid on (private) pensions as that money is more nebulous to people than money they get now. Could be anything really once the socialist scum get going. No assets are safe (see rantings of R. Murphy passim).
On the Telegraph website John Ralfe, pensions expert, argues for 30% tax relief on all contributions, the scrapping of the “annual allowance”, and not reinstating the “lifetime allowance”.
I can’t picture Reeves following the latter two parts of that advice – simplifying things is not usually a hallmark of socialist legislation. I did enjoy this remark:
The biggest barrier to reforming pensions tax are public sector unions, especially the BMA.
the idea of having a fixed relief of 30% on pension contributions is horrible.
Many people who become higher or additional rate tax payers may only do so for a brief period and when they do they would naturally want to be saving as much as possible into their pensions. To find they then have to ‘pay’ 15% to do so is a real disincentive and will just create resentment.
I am lucky/unlucky enough to be in the position to get 45% relief on contributions now and being able to contribute significant sums into my pension after many years of being heavily restricted on contributions due to tapering and being limited to £10k and prior to that even less – it would be very annoying if this was then taxed.
Thinking you’ll still have a pension in years to come is magical thinking, they will steal it and leave you without a pot to Kier in.
This only stops when Britain gets regime change.
Steve
I’m right with you on closing the curtains. Though I’d just leave and go somewhere else.
Meanwhile, article in the daily wail today where a female columnist laments that the men of Ukraine aren’t happily lining up to be slaughtered.
(Someone on here the other day was asking where the mainstream articles are about press gangs… Here)
https://www.dailymail.co.uk/news/article-13959101/Men-dragged-nightclubs-Kyivs-feared-press-gangs-Ukraine-war-Russia.html
All I could think is that this Sabrina Miller should show the men how it’s done and volunteer herself.
If the UK is invaded by Russia, I for one don’t want to be taking advantage of my white male privilege. I’ll graciously allow the dusky hued and the womens to go to the front lines first. It’s chivalry, dontcha know.
“I have a mate on hte Tele who commissions stuff and he did hire me a few times. He was then told by his boss that he – his boss – didn’t like me and therefore to stop doing so.”
You might want to have a word with Mr Orlowski.
CD –
but more lion-hearted men must join the fight, writes SABRINA MILLER
“Sorry you lost both legs and your genitals and your CO stole your wages because it’s Ukraine, Mykola. But at least you were lion hearted until that cheap plastic drone dropped a grenade in your lap.”
Honestly, those white feather bitches should’ve been pimp-slapped by Ike Turner himself.
He has been caught in a round-up by one of Kyiv’s feared military ‘press gangs’ and is almost certainly on his way to the bloody frontlines. From the look in his eyes, it is as if he has been handed a death sentence.
Because it is. Tho I’ve heard the new tactic Ukranian blokes (mostly middle aged and older guys in the Tim Worstall dot com commenting demographic) are using is to go along with the conscription thugs, then desert on the first day in the army.
Apparently the conscription goons are only paid to go after potential recruits, AWOL soldiers are the army’s problem. (Who knew Ukranians could be so British?) Loads of newly enlisted are now abscondees, according to former Zelensky spokesman Arestovich the majority of new recruits bunk off in the first few days. Which makes sense – Ukraine has been mobilising for 2 and a half years. The willing self-selected into the UAF years ago.
Also makes sense because that story about Mykola above is what’s happening to Ukranian (and Russian) blokes in this war. They finally invented a way to make infantry warfare more shitty and nightmare-inducing than it was at the Somme: drones. When you’re on the wrong side of omnipresent bombs in the sky that can see you in the dark, a massive artillery disadvantage, three tonnes of high explosive potentially gliding onto your grid reference at any moment, and you don’t even have close air support, the smart move is to leg it.
Fuck wars. They can’t have a war if we don’t participate. And I think the British Army will find that its new Nigerian chain migration mercenary squaddies aren’t all that keen on fighting wars either. Imagine trying to send them to Iraq, lol.
@Mr Womby – “the reason I fear for the future of my grandkids is that we’re reaching the point where there are more people living in the UK who are willing to attack it than there are willing to defend it.”
You (and they) can always leave and go somewhere more to your liking.
You (and they) can always leave and go somewhere more to your liking
I was somewhere I liked.
Then they ruined it.
On the topic of conscription and being forced to fight for the country. I read stories and interviews from trainers in Poland who were frustrated at having to train conscripts who didn’t want to be there and were doing things like driving tanks into objects to knock off the turrets. Lol.
Steve decrying the IQ of others? What next, disparaging their self-awareness…?
CD – conscripts who didn’t want to be there and were doing things like driving tanks into objects to knock off the turrets. Lol.
Damn, it would take a hell of a dunt to take a turret off, but conscripts will always find a way.
Remember how the Abrams and Challenger 2 and Leopard 2’s were gonna steamroller Russian armour? Most of the Western tanks are destroyed now. We aren’t building any new ones, and the Yanks haven’t produced a single new tank hull since the 90’s. The British (that title being increasingly misleading) Army plans to upgrade a grand total of 148 tanks to the Challenger 3 spec.
Remember that film, The Incredible Shrinking Woman? It’s like that, but gay. Very, very gay. By 2035 the pipsqueak British Army (five Nigerians and a dog) will be manning its “artillery regiment” (a single gun, but it’ll be an amazing high tech super wonder gun built by BAE at the cost of squillions that works sometimes.)
What are 148 tanks even for? We are maintaining, at considerable expense, a tiny model village version of an army. Each intricately made part is functional, but it’s still tiny. You can’t fight with a tiny model village, unless you’re in the climactic action scene in Hot Fuzz (2007).
OT but sometimes I wonder if it’s just me being a mental, but remember how the Covid jabs were “safe and effective”, every medical expert agreed and you’d better too or be cancelled, and if you didn’t get them, you were a scumbag?
I didn’t imagine that, did I?
I didn’t just dream that people were ridiculed and treated like an insane David Icke Looney Spaghetti Altright Antivaxxer nutcase for questioning the safety of the jabs, did I?
On 15 December 2021 Larry Lowe’s life changed.
He was 54, rarely ill, fit, healthy and running 10km most days – until he got the Pfizer Covid booster.
Within days he developed numbness in the right side of his face and started experiencing pain.
“I had lost all the feeling in my face, teeth, nose, tongue, eye, that whole side of my head,” he said.
These symptoms have spread through his body and intensified over the years, with doctors across the UK saying the vaccine is to blame.
– the BBC
Steve @ 12.34, “By 2035 the pipsqueak British Army (five Nigerians and a dog) will be manning its “artillery regiment” (a single gun, but it’ll be an amazing high tech super wonder gun built by BAE at the cost of squillions that works sometimes.)”
Reminds me of good old Idi (John Bird): https://www.youtube.com/watch?v=Ab0K22PJkVY
Addolff – I lost it at “De Amazin Bootblack Recordings” 😀
Somebody should do Lammy.