Reform Policies 18:44 - Jul 13 with 1538 views | johnlangy | They haven't come out with many actual policies but the one that's easiest to remember is raising the tax threshold to £20,000. It's a laudable thing to aspire to as it would benefit the lowest paid the most. As well as that idea, the way Farage and Tice and all the rest of them are talking it's as if they're saying ‘vote us in and there’ll be a revolution’. The British people will finally get what they’ve been demanding for so long and which Labour and the Conservatives never delivered. It's such an easy thing to say and I believe they're saying it knowing that there'd be a huge number of people whose knee jerk reaction would be positive. They'd be about £1500 a year better off and many wouldn't think past that. We can all agree there's not much money around and the UK is in an incredibly difficult financial situation. And whatever party is in Government they would have a hell of a job on their hands. So, let's imagine Reform are in power now and not Labour. And this tax cut is their flagship policy. We know that Labour have claimed that a major problem they've had to deal with is the £20 billion black hole they claim the Conservatives left (accurate or not that's what they say). The black hole created in the countries tax revenue of raising the threshold to £20,000 is £51 billion a year. But, to give them the benefit of the doubt let’s imagine that Reform would say we can't afford to do it in one go. People would probably accept the logic of that - initially. So they may say we'll do it in three chunks - from £12,500 to £15,000 then £17,500 and then £20,000. The first rise would put an extra £500 in people's pockets. That’s £10 a week. And let’s say they had to wait for another year for another £10 and another year for the last £10. People would say, hang on Nige, this isn't a revolution. You gave us the impression that you could just push a few buttons and our lives would change. And then they'd say, in the parallel universe where Labour are in power, we got a 6.7% rise (National Living Wage). So how is this better Nige ? So they've implemented the first rise but now they've got a £17 billion black hole in the finances. And this is a REAL black hole. So what are they going to do. Which brings me to the second part of the thread. Nigel and Richard and all of them are also incredibly critical of the spend on welfare. And without saying what they are going to do they've implied that they will be ruthless in that area. We all know what happened to Labour with the WFA cut and the proposed reform of PIP. There may be some people on this site who thought those cuts were a good idea but from memory the vast majority of you didn't. And the vast majority of the country disagreed as well. I heard a discussion on Talk Radio a few days ago between Jeremy Kyle and Richard Tice (a brief digression - Jeremy Kyle has to be the most useless excuse for a broadcaster in the history of British radio. It's as if a ten year old is speaking through a man's body - just awful). Anyway, the bloke who had called in, a Reform voter, was talking about the above cuts and he was criticising Labour for having given in to the 'BLOB' in dropping the plans. And Richard Tice was laughing and agreeing with him, happy it seemed that the guy was on his side. He agreed that Labour should not have given in to the ‘BLOB’, that they should have stuck to their guns. By saying that he was implying that Reform, if they were in power, would have carried on with the cuts. The savings from those cuts would have come to maybe £5 billion I believe. So can anyone explain where they would save the extra £17 billion from their tax cuts in the first year. And in the second year the £34 billion ? And in the third year the £51 billion ? Would it all be from the benefits bill ? The total benefits bill this year is £303 billion. Of that £138 billion is the State Pension and an enormous part of the rest is paid out to people actually in work. If you add the two together that would leave maybe £100 billion in other benefits. Are Reform going to cut that £100 billion by £51 billion ? Going back to the phone in, the 'BLOB' is a word that's been used mainly against the Civil Service (not just the CS but mainly) saying that they actively work against the Government implementing their policies. But in this case the people disagreeing with the Government were millions of ordinary people disgusted at the policies. Also their MP's and just about all the media. And here we have Richard Tice laughing at the 'BLOB' which in this case would include millions of the people who he would hope would vote Reform. But I doubt if those millions would have been listening to that phone in and hearing the disdain that Tice had for them. A pity because if they did there’d be no way Reform would ever get in to power. |  | | |  |
Reform Policies on 19:33 - Jul 15 with 249 views | Whiterockin |
Reform Policies on 18:54 - Jul 15 by SullutaCreturned | Well that's not the important part but why not, even 400 years ago businesses had to make a profit to survive. The point is, stock markets today are there to make masses of profit for the major shareholders. Pension funds are managed by people who take massive chunks of money out of the profits. It's another way to rip off the lowest paid. |
I invest in a fund and reap the rewards. Every 2 years I fill in a questionnaire regarding the risk level I want as well as the type of companies I want to invest and what markets plus other options. The last two years I received 9.2% growth per year before tax. Do you believe I am ripping off the lowest paid considering there are 100s of thousands like me. [Post edited 15 Jul 19:35]
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Reform Policies on 20:14 - Jul 15 with 190 views | max936 |
Reform Policies on 19:16 - Jul 13 by SullutaCreturned | Benefits reforms need to happen, first of all the minimum wage needs to rise to get people off universal credit. That would need to be a staged rise, small companies/businesses being made to give a smaller raise but the biggest companies being told to pay more, their profits can take it and they hide the money anway to avoid tax. A minimum wage by size of business, is that do-able? Even then there is still a large black hole, what Reform promises is just way above what they could deliver without making a bigger mess of the country's finances than the last 50 years has done. I've seen Max's reaction to the idea of raising taxes but if Reform came in they'd have to raise taxes to help fund this and it would still take years. what are the odds of Reform taking over government with a majority? Not very good I'd say and without that majority, would they ever get the changes through? |
The Countries finances are in a shocking state now and have been for probably longer than 10yrs, if Reform get in that'll tip us right over the edge. Farage got all the answers, but has no idea on how he'll pay for it all, proper shyster is Farage, Farage is all about Farage and he'll never be any different. I will add that I've no idea as to who could sort the Country out, there's no one or no party standing out that'll give me any hope, as I've said many times that the Political landscape needs a complete overall, no idea on how that's achieved though. [Post edited 15 Jul 20:17]
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Reform Policies on 20:18 - Jul 15 with 185 views | max936 |
Reform Policies on 22:09 - Jul 13 by builthjack | Aye, if everyone gets 20k tax free, as Farage says will happen, there will be no NHS, no road maintenance, no new social housing, minimal public services. The guy talks a good game. It’s loons who listen. |
Spot on Builthy. |  |
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Reform Policies on 19:26 - Jul 16 with 82 views | SullutaCreturned |
Reform Policies on 20:14 - Jul 15 by max936 | The Countries finances are in a shocking state now and have been for probably longer than 10yrs, if Reform get in that'll tip us right over the edge. Farage got all the answers, but has no idea on how he'll pay for it all, proper shyster is Farage, Farage is all about Farage and he'll never be any different. I will add that I've no idea as to who could sort the Country out, there's no one or no party standing out that'll give me any hope, as I've said many times that the Political landscape needs a complete overall, no idea on how that's achieved though. [Post edited 15 Jul 20:17]
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I've said it before, the people we need to make those changes will never make them, largely because it might end their gravy train too. |  | |  |
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