Labours NI rise for employers is a terrible idea
Discussion
By increasing Employers NI, this will mean lower wage rises for employees. Secondly, small businesses will surely struggle to create more jobs. This is the opposite of what labour promised when they claimed there will be more opportunities etc. Imagine how bad it is for graduates now and adding this on makes it worse.
Also the extra NI collected being used for NHS is a pointless exercise. The fact is no matter how much more you give to NHS, it will not improve considering the poor management that already exists.
Also the extra NI collected being used for NHS is a pointless exercise. The fact is no matter how much more you give to NHS, it will not improve considering the poor management that already exists.
How is it bad for graduates now?
This has all the hallmarks of another Racehorse classic thread.
Where would you raise the additional tax then OP? Let’s have some alternatives. We have to pay for the aging population who as a whole have paid in less than has been spent for decades somehow, and that generation hate immigration so that’s not a solution.
This has all the hallmarks of another Racehorse classic thread.
Where would you raise the additional tax then OP? Let’s have some alternatives. We have to pay for the aging population who as a whole have paid in less than has been spent for decades somehow, and that generation hate immigration so that’s not a solution.
Edited by Dingu on Saturday 26th October 22:44
Tim330 said:
Dingu said:
TownIdiot said:
If an employee was on, say, £100k how much extra will it cost?
Edit: as if on command https://www.pistonheads.com/gassing/topic.asp?h=0&...
Edited by Dingu on Saturday 26th October 22:53
Dingu said:
How is it bad for graduates now?
This has all the hallmarks of another Racehorse classic thread.
Where would you raise the additional tax then OP? Let’s have some alternatives. We have to pay for the aging population who as a whole have paid in less than has been spent for decades somehow, and that generation hate immigration so that’s not a solution.
As I say why will additional tax fix the NHS? This has all the hallmarks of another Racehorse classic thread.
Where would you raise the additional tax then OP? Let’s have some alternatives. We have to pay for the aging population who as a whole have paid in less than has been spent for decades somehow, and that generation hate immigration so that’s not a solution.
Edited by Dingu on Saturday 26th October 22:44
Secondly labour have done not reduced illegal migration which is another burden.
So much for a change govt.
Racehorse said:
Dingu said:
How is it bad for graduates now?
This has all the hallmarks of another Racehorse classic thread.
Where would you raise the additional tax then OP? Let’s have some alternatives. We have to pay for the aging population who as a whole have paid in less than has been spent for decades somehow, and that generation hate immigration so that’s not a solution.
As I say why will additional tax fix the NHS? This has all the hallmarks of another Racehorse classic thread.
Where would you raise the additional tax then OP? Let’s have some alternatives. We have to pay for the aging population who as a whole have paid in less than has been spent for decades somehow, and that generation hate immigration so that’s not a solution.
Edited by Dingu on Saturday 26th October 22:44
Secondly labour have done not reduced illegal migration which is another burden.
So much for a change govt.
As for the NHS maybe we should set a rule where any newly discovered medicine isn’t available on the NHS. That would help. As it is we keep finding new expensive ways to cure people and keep them alive. Add an aging population and it is simply going to need more cash. That’s simple arithmetic. That’s not improving it, just keeping pace with demand and available medicine.
The idea of 'no taxes for working people' shows (a) just how much contempt Labour have for the electorate' intelligence and (b) how few people really understand how tax works.
Only individuals pay tax. They either pay it directly or indirectly through lower wages and/or higher prices.
This country has to have a serious conversation about how Government spends less and enables business to grow the economy; taxing more is like trying to lift yourself up by standing in a bucket and yanking on the handle
Only individuals pay tax. They either pay it directly or indirectly through lower wages and/or higher prices.
This country has to have a serious conversation about how Government spends less and enables business to grow the economy; taxing more is like trying to lift yourself up by standing in a bucket and yanking on the handle
kiethton said:
bearman68 said:
TownIdiot said:
If an employee was on, say, £100k how much extra will it cost?
About £2200 a yearClaphamGT3 said:
The idea of 'no taxes for working people' shows (a) just how much contempt Labour have for the electorate' intelligence and (b) how few people really understand how tax works.
Only individuals pay tax. They either pay it directly or indirectly through lower wages and/or higher prices.
This country has to have a serious conversation about how Government spends less and enables business to grow the economy; taxing more is like trying to lift yourself up by standing in a bucket and yanking on the handle
First, a lot of the electorate aren’t that bright. They think we can lower tax and have very little immigration and pay for an increasingly old population. The maths doesn’t add up. Only individuals pay tax. They either pay it directly or indirectly through lower wages and/or higher prices.
This country has to have a serious conversation about how Government spends less and enables business to grow the economy; taxing more is like trying to lift yourself up by standing in a bucket and yanking on the handle
We also don’t have the political environment for a grown up conversation, driven by the electorate who will believe anything their side says and stick to it.
ClaphamGT3 said:
The idea of 'no taxes for working people' shows (a) just how much contempt Labour have for the electorate' intelligence and (b) how few people really understand how tax works.
Only individuals pay tax. They either pay it directly or indirectly through lower wages and/or higher prices.
This country has to have a serious conversation about how Government spends less and enables business to grow the economy; taxing more is like trying to lift yourself up by standing in a bucket and yanking on the handle
Don’t many of our Western European neighbours have higher tax rates and better economies?Only individuals pay tax. They either pay it directly or indirectly through lower wages and/or higher prices.
This country has to have a serious conversation about how Government spends less and enables business to grow the economy; taxing more is like trying to lift yourself up by standing in a bucket and yanking on the handle
Dingu said:
How is it bad for graduates now?
This has all the hallmarks of another Racehorse classic thread.
Where would you raise the additional tax then OP? Let’s have some alternatives. We have to pay for the aging population who as a whole have paid in less than has been spent for decades somehow, and that generation hate immigration so that’s not a solution.
Highest taxed already since WW2 but yes let's have some more!This has all the hallmarks of another Racehorse classic thread.
Where would you raise the additional tax then OP? Let’s have some alternatives. We have to pay for the aging population who as a whole have paid in less than has been spent for decades somehow, and that generation hate immigration so that’s not a solution.
Edited by Dingu on Saturday 26th October 22:44
TX.
bearman68 said:
TownIdiot said:
If an employee was on, say, £100k how much extra will it cost?
About £2200 a yearSecondly, any company that has the financial capacity to pay an employee a salary of £100k will have the capacity to pay an extra £2k or so on additional Ni without there being any consequence on wage rises. People on £100k will probably be claiming more than that on expenses. Some companies will use it as an excuse not give pay rises or limit what they do, but this is all it is, an excuse.
TownIdiot said:
Racehorse said:
As I say why will additional tax fix the NHS?
Secondly labour have done not reduced illegal migration which is another burden.
So much for a change govt.
How much extra will it cost the employer?Secondly labour have done not reduced illegal migration which is another burden.
So much for a change govt.
R.
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