Sunak promises biggest tax cut for 30 years.

Started by Borchester, August 01, 2022, 11:10:49 AM

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patman post

Quote from: Borchester on August 02, 2022, 11:14:16 AM
Which polls are you using?

There have been a few Tory party members, but I am unaware of any taken from potential Tory voterss
Electoral Calculus took a poll of 2019 Tory voters last month. Sunak was their clear favourite. YouGov has done similar.

The Standard reports the same.
https://www.standard.co.uk/news/politics/rishi-sunak-ipsos-poll-lead-over-liz-truss-conservative-tory-leadership-race-b1015874.html

Sunak has the edge over Liz Truss with swing voters
https://www.telegraph.co.uk/politics/2022/07/28/rishi-sunak-has-edge-liz-truss-swing-voters-yougov-poll-shows/

Currently, most opinion gives Truss the overwhelming support of Conservative Party membership and concludes she will be the UK's next PM.

But there could be a change trending among party members...

Foreign secretary's lead down to five points in latest poll of party members, after 24-point lead a fortnight ago
https://www.theguardian.com/politics/2022/aug/02/sunak-closing-gap-truss-tory-leadership-contest-poll-shows



On climate change — we're talking, we're beginning to act, but we're still not doing enough...

Borchester

Quote from: patman post on August 02, 2022, 10:20:38 AM
Which polls?

I'm highlighting the difference of opinion between Tory Party members (180,000) and Tory voters (14,000,000).

A later report:
https://www.thelondoneconomic.com/politics/sunak-favoured-among-general-public-to-become-next-pm-but-tory-members-prefer-truss-330356/
Which polls are you using?

There have been a few Tory party members, but I am unaware of any taken from potential Tory voterss
Algerie Francais !

patman post

Quote from: Nick on August 01, 2022, 04:56:50 PM
Really? The polls are giving Sunak a measly 10% chance of being the next PM.
Which polls?

I'm highlighting the difference of opinion between Tory Party members (180,000) and Tory voters (14,000,000).

A later report:
https://www.thelondoneconomic.com/politics/sunak-favoured-among-general-public-to-become-next-pm-but-tory-members-prefer-truss-330356/
On climate change — we're talking, we're beginning to act, but we're still not doing enough...

johnofgwent

Quote from: srb7677 on August 01, 2022, 12:45:27 PM
Exactly. A rate cut disproportionately benefits those on higher incomes and does little for low earners. Raising thresholds instead does far more for the latter and has been the main area for targeted tax cuts until now. This is a worrying sign of the Tories reverting to type and targetting their help more towards the better off.

Besides which, what is the point of lowering the basic rate whilsy increasing NI. Does not the latter cancel the former out somewhat? How about reducing NI again first?

The point of lowering one while raising another is he can follow a long established, well worn trick used by both parties to claim to cut the base rate of tax while actually increasing the burden
Gordon Brown and Alistair Darling were good at it.
<t>In matters of taxation, Lord Clyde\'s summing up in the 1929 case Inland Revenue v Ayrshire Pullman Services is worth a glance.</t>

johnofgwent

Quote from: patman post on August 01, 2022, 12:54:21 PM
Isn't National Insurance also paid by the employer, thereby "taxing" both the employer and employee...?
Damn right it is, there's a reason they call it a tax on jobs.

Unlike Employees NI there is no upper limit either

And It has been hiked by Tory governments several times since I last had to hand any over... 
<t>In matters of taxation, Lord Clyde\'s summing up in the 1929 case Inland Revenue v Ayrshire Pullman Services is worth a glance.</t>

Nick

Quote from: patman post on August 01, 2022, 07:26:45 PM
I really do worry about the ability of  posters to actually understand the posts they're replying to...
You should worry about your own ability to post stats that you can't substantiate. 
I can explain it to you, but I can't understand it for you.

patman post

I really do worry about the ability of  posters to actually understand the posts they're replying to...
On climate change — we're talking, we're beginning to act, but we're still not doing enough...

Nick

Quote from: patman post on August 01, 2022, 03:00:25 PM
Of the two, I think Sunak would have been the one to win the next election. He is, after all, the preferred choice for 60% of Conservative voters...
Really? The polls are giving Sunak a measly 10% chance of being the next PM. 
I can explain it to you, but I can't understand it for you.

Barry

Quote from: Borchester on August 01, 2022, 03:17:42 PM
The economy is never healthier. 
A little bird told me the Treasury is awash with money as the higher fuel prices have pumped the coffers full of readies.
Maybe they can afford a tax cut, but Rishi is playing catch-up with Liz, who offered them first whilst Rishi was saying they were impossible.
† The end is nigh †

Borchester

Quote from: patman post on August 01, 2022, 01:02:48 PM
Seems to me that Sunak is proposing a more workable cut than Truss, in that his will not come into effect until the economy is healthier.
Truss is promising cuts within weeks, which just sounds like off-the-cuff pork-barrel politics...

The economy is never healthier. I want my bung upfront.

As an ethnic, Rishi is proving a bit of a dud. Anyone of my Indian friends could have done a better job, bribery wise
Algerie Francais !

patman post

Quote from: Barry on August 01, 2022, 02:33:17 PM
This is a "promise" to cut the income tax rate before the end of the next parliament, which is like making a promise to provide cake to the starving French in 6 years time.
It relies on the Tories winning the next election, which is much more doubtful now Boris has (almost) left the building.
I'm sure the Tory faithful on here will buy it.
Of the two, I think Sunak would have been the one to win the next election. He is, after all, the preferred choice for 60% of Conservative voters...
On climate change — we're talking, we're beginning to act, but we're still not doing enough...

Barry

Quote from: Borchester on August 01, 2022, 11:10:49 AM
I have spoken to my socialist friends and expect them to throw this foul bribe back in the face of the Tory Boss Class, but I am a reactionary old git and will accept this bung with sullen grace.

:)

https://www.lbc.co.uk/news/sunak-promises-biggest-tax-cut-for-30-years-as-he-bids-to-overhaul-trusss-lead/
This is a "promise" to cut the income tax rate before the end of the next parliament, which is like making a promise to provide cake to the starving French in 6 years time.
It relies on the Tories winning the next election, which is much more doubtful now Boris has (almost) left the building.
I'm sure the Tory faithful on here will buy it.
† The end is nigh †

Nick

Quote from: patman post on August 01, 2022, 12:54:21 PM
Isn't National Insurance also paid by the employer, thereby "taxing" both the employer and employee...?
Employers NI is about 13%, or it was. 
I can explain it to you, but I can't understand it for you.

Streetwalker

Quote from: patman post on August 01, 2022, 01:02:48 PM
Seems to me that Sunak is proposing a more workable cut than Truss, in that his will not come into effect until the economy is healthier.
Truss is promising cuts within weeks, which just sounds like off-the-cuff pork-barrel politics...
Truss will help people  get through the next few years . Yes we have to balance the books but we dont have to do it by taking peoples spending power away from them which will in turn wreck the economy . You have to have money moving about ,investment in a low tax economy would produce more tax returns in the long run 

Sunak will strangle that , by the time he brings in tax cuts it will be too late . He hsn't exactly shown to be a fiscal genius has he ? This is pure and simple Sunak trying to get back in the race for PM , he doesnt give a shite about the working man .

Never trust a Tory 

patman post

Quote from: Streetwalker on August 01, 2022, 11:38:35 AM
The man is a chancer borky . This tax cut won't come in until sometime in the next parliament which could be 5 years in the making
Not much of a bribe if you ask me .  He will no doubt forget about it when the time comes due to unforseen circumstances
Seems to me that Sunak is proposing a more workable cut than Truss, in that his will not come into effect until the economy is healthier.
Truss is promising cuts within weeks, which just sounds like off-the-cuff pork-barrel politics...
On climate change — we're talking, we're beginning to act, but we're still not doing enough...