That’s a decision the Government has to make joelsnan. A quick look back at taxation levels in the last few decades will show that. Governments have always increased and/or reduced taxes.
This government has increased the tax threshold so fewer people pay income tax.
But inheritance tax has been slashed, corporation tax has been reduced quite a lot. Different decisions could have been made.
IFS 2017 said: Cuts to corporation tax rates announced between 2010 and 2016 are estimated to reduce revenues by at least £16.5 billion a year in the short to medium run.
We now have the lowest corporation tax amongst the G20 countries. Corporation tax will have dropped from 28% to 18% between 2010 and 2020. This is obviously a political decision to benefit businesses.
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If there was another EU referendum Part 2
(187 Posts)Shall we Carry on girls ? Or should that be ladies & Grandad Do we have the stomach for it ?
mostlyharmless
Which party would successfully propose tax rises to fund the levels of capital investment required to support our social infrastructure, hospitals, schools etc. When local government have almost been eviscerated resulting in Council Tax rises. A vast number of employees earn little more than the tax threshold and/or receive tax credits.
Higher earners could be taxed more but they are already paying between 40 & 45%.
Corporation tax could be increased but with the ability to manfacture cheaply in Eastern Europe this is risky.
I still don't see obvious alternatives.
The Government could increase taxes to raise revenue instead of selling the country’s assets to private companies and often to foreign countries.
Why does China have to fund Hinckley Point? What about the security risk?
G4S running security at the Olympics? What a shambles. The East Coast mainline. Another mess and is run more efficiently and cheaply by the government ministry.
Selling off our assets and then paying exorbitant profits to those companies doesn’t make economic sense to me.
Income tax, VAT, inheritance tax, national insurance, stamp duty, corporation tax, capital gains tax, insurance taxes, and many others. Lots of choice for fiscal policy to raise revenue.
The national debt is traditionally financed through the sale of government bonds, bills and gilts. These Government bonds tend to be bought by financial institutions such as investment trusts and pension funds. They are bought because they provide a secure investment with reasonable rates of interest.
Plenty of obvious alternatives to PFI joelsnan but many Tories have financial interests in PFI companies and are making a good profit out of it so they don’t want to change policy now. Conservative Governments started using PFI in the early 90s, Labour continued that trend.
In fact NHS PFI repayments don't peak until 2029-30, when they hit £2.71bn a year.
Souce: The Guardian
That is besides all the other PFI projects.
mostlyharmless
The EU didn’t force Britain to use PFI to fund the NHS. That was a political decision taken by the Conservatives, there are other ways of funding things.
No, the EU didnt't force UK to use PFI, what it did was to prvent the government from borrowing to fund capital investment projects, a method that had previously always been used. The previous funding route meantt that the government owned the investment at the outset and, which, at some stage may have become profitable these profits went into Crown coffers to fund further projects. Now the profits go offshore.
You state there were alternatives to PFI, can you please advise what these alternatives could have been.
The EU didn’t force Britain to use PFI to fund the NHS. That was a political decision taken by the Conservatives, there are other ways of funding things.
And Blair and Brown took it up with enthusiasm and ran with it - hence one of the reasons for lack of funding in the NHS.
2014:
The even uglier reality for Miliband is that the New Labour era was a golden age for the PFI. The modern PFI is the child of John Major’s Conservative government, but it was adopted and thrived under Tony Blair and Gordon Brown. Between 1997 and 2008, 90 per cent of all hospital construction funding was under PFI agreements, which paid for 75 per cent of all hospitals built.
mostlyharmless
No, of course not, however what I wanted to highlight is the fact that both as a result of the EU we are handcufffed to PFIs which are bankrupting our hospitals, and our services are being outsourced to cheaper, poorer alternatives.
Jeremy Hunt's Health and Social Care Act has embedded the EU Purchasing and Tendering Directive facilitating backdoor privatisation. This is why there is a large campaign to reverse this with the NHS Reinstatement Bill.
The EU, rather than aspiring to greatness appears to reducing all but the most powerful to the lowest common denominator.
Simple question should we have a legal binding Peoples vote based on May’s Brexit ?
Alternatively, accept we we’re sold a puppy for believing the leaves were 100% trueful, yet, we still need to accept the result of the refrendum.?
It sounds as if you are blaming the EU for a U.K. budget decision taken in the 1990s joelsnan. The EU didn’t force Britain to use PFI to fund the NHS. That was a political decision taken by the Conservatives, there are other ways of funding things.
Do you seriously think that Brexit will improve that joelsnan?
Brexit, far from giving extra an £350 million to the NHS, will see a severe shortage of medical and care staff.
If we ever make a trade agreement with USA they will demand the right to bid for our NHS contracts. Privatisation of the NHS by the back door leading to the death of the NHS.
MaizieD
As i have posted before and i would suggest you check it out.
Our NHS problems started as a result of EU polcy which arose from the Maastricht Treaty. The Treaty set limits on central government borrowing. As a result of this Central government had to find other neans to fund Crown projects and they were compelled to turn to the disaterous Private Funded Investment (PFI) which is crippling our NHS and instead of any profit made being reinvested as was the case, this is now going to offshore investors.
Additionally the EU has opened up NHS purchasing and Tendering to EU and international bidders through their Purchasing and Tendering Directive.
Check this out and understand the impact the EU has had on dismantling the NHS as we know it, assisted by both Labour and Conservative in its compliance to EU Directives.
Varian this is what you said in your original post:
Original Post
varian Thu 09-Aug-18 14:38:40
Exclusive data provided by Google reveals that between the 23 and the 29 of July Chagford searched for Brexit more than any other UK community*. *West Devon - the constituency in which Chagford is situated in - voted to leave the EU in the Brexit Referendum in June 2016.
A strong majority of 54% voted to leave, equating to 48,000 votes.
I take it that this is in West Devon.
You then say:
However, in stark contrast a major survey carried out by Devon Live in April found that 15% of leave voters in Devon would change their decision in a new referendum.
I take it that this was a County wide survey meaning the whole of Devon?
www.devonlive.com/news/devon-news/one-place-been-googling-brexit-1847882?ga=2.105768838.42283280.1533821632-1837077369.1533821632#
You then draw the conclusion in your original post that Chagford by googling Brexit more than anywhere else in the UK, must equate to the opinion of all leave voter. Which is a bit of a leap Varian, here is what you said in your original post:
It seems that the more leave voters actually learn about brexit, the more likely they are to now support remaining in the EU.
Your 'clarification" post then attempts to fudge the issue and say's:
To be clear the point about Chagford (in West Devon) was the amount of googling the term "brexit", in other words, people there want to know more
This is about Chagford in as you say West Devon.
You then clarify:
The piece then compares the 2016 % vote for leave in West Devon with the situation in 2018 in West Devon, showing 15% of 2016 leave voters would now support Remain
This is comparing apples with apples. But this is not what you said in your first post, when you said:
However, in stark contrast a major survey carried out by Devon Live in April found that 15% of leave voters in Devon would change their decision in a new referendum.
There is no mention of West Devon here, you are talking about the whole County of Devon.
You then add, referring your remark to me:
You should not even need a GCSE in statistics to understand that
You are of course correct!
There is an old saying that seems appropriate here Varian Oh what a tangled web we weave when first we practice to deceive.
I think they are seduced by the argument that the money they received was 'our' money anyway as it came from our contribution to the EU. This being so, if we retained all of our contribution more money would be available to help the regions, the NHS etc.
I can't help feeling that had we not been paying into the EU the regions wouldn't have received anything at all.
And of course, deliberately winding down the NHS ready for further privatisation is tory policy, so not being in the EU would have had no effect on its current state.
Just my opinions, of course.
Don't apologise, mostlyharmless these surveys need to be publicised as much as possible. I agree with you about Wales voting Leave, the same thing applied in Cornwall and the NE of England, regions who had many advantages from EU membership and stood to lose a great deal.
Perhaps they are all now beginning to realise that, as Arron Banks has admitted they were "led up the garden path".
Sorry varian I see you’ve already posted that link.
I really could never understand why Wales voted to Leave when they have been so heavily subsidised by the EU over the years. And they complained in 2016 about immigrants but have very few there.
Millions across the country have now changed their mind about Brexit according to today’s polling.
They think it better to admit to changing your mind than to accept the disastrous consequences for future generations of Brexit.
I know three Brexit voters in my family have regretted their vote. Let’s hope there is a People’s Vote.
This is about Swansea changing its mind.
www.theguardian.com/politics/2018/aug/11/brexit-swansea-leave-voting-turns-against-brexit-remain?CMP=Share_iOSApp_Other
I find it incredible that the extremists in the must Leave camp,, cannot accept that millions of us have changed our minds since the referendum.
I feel that I was duped by the fake news and propaganda, if I was a fool falling for the deceit then I put my hands up.
We now know more of the true facts around Brexit and that’s why I support a People Vote . I also desire my granddaughter who is now 18 to have a say in her future. I just wish that all the expats could use their vote. If they can do it at a GE there can be no justification to stop them having a say on whether we should leave the EU,
It is not just in Devon that Leave voters would now vote Remain.
"A new constituency-by-constituency model by data scientists at Focaldata, which uses new YouGov polling, has found that 14 Welsh constituencies swung from Leave to Remain this year, putting Wales firmly in the pro-EU camp.
One of the biggest shifts was in Swansea, a solidly Labour city which saw a near-13% swing to Remain in its deprived east. This would give EU supporters 51% in the Swansea East constituency, which voted 62% for Brexit in 2016, and deliver a Remain vote of 56% across both the city’s constituencies."
www.theguardian.com/politics/2018/aug/11/brexit-swansea-leave-voting-turns-against-brexit-remain
At present the Country does not trust @labour, Teresa May is leading us into a crisis and spiral downturn. There is an option which all sensible politicians should now consider and that is forming a National Gov & having a Peoples vote.
It is obvious from the latest polls in tadsys papers the Country no longer desires the type of Brexit being considered.
Let’s bring some common sense into the Brexit equation instead of sheer bias and bigotry.
I’d never heard of Chagford until you brought it up varian. A very pretty little place by the looks of it, a nice place to go on holiday. Couldn’t afford to live there though, it looks like a retirement place for rich Londoners.
Exclusive data provided by Google reveals that between the 23 and the 29 of July Chagford searched for Brexit more than any other UK community.
West Devon - the constituency in which Chagford is situated in - voted to leave the EU in the Brexit Referendum in June 2016.
A strong majority of 54% voted to leave, equating to 48,000 votes. However, in stark contrast a major survey carried out by Devon Live in April found that 15% of leave voters in Devon would change their decision in a new referendum.
www.devonlive.com/news/devon-news/one-place-been-googling-brexit-1847882?_ga=2.105768838.42283280.1533821632-1837077369.1533821632#
I am posting this again as it has been misinterpreted by a prolific leave poster.
To be clear the point about Chagford (in West Devon) was the amount of googling the term "brexit", in other words, people there want to know more.
The piece then compares the 2016 % vote for leave in West Devon with the situation in 2018 in West Devon, showing 15% of 2016 leave voters would now support Remain. It is comparing like with like. You should not even need a GCSE in statistics to understand that.
crystaltipps, who believed it? This statement that "some people did" believe that Brexit could be done and dusted in an afternoon just cannot be substantiated. It is just what you think.
Bravo Day6, my sentiments exactly!
And the qualifiers to all those dubious quotes (compiled by a Remainer no doubt) are the words 'should' and could'.
Unless you disagree that the road to freedom from the EU has been strewn with wealthy people going to court to try to stop it, rich businessmen throwing their toys out of the pram, followed by empty threats, Remain politicians doing their utmost to thwart the process and place conditions on any deal, the Lords decreeing how it should be done and placing restrictions on progression, as well as biased Remain publications/media fanning the flames since the day of the referendum and doing their utmost to get a second referendum....
Remainers haven't been able to accept the decision of the referendum and the ensuing protest has hampered the UK's bargaining power. It's almost traitorous imo that Remainers would like to see Brussels get the better of us.
Of course I didn’t believe the leave campaign! But some people did.!
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