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You're mixing corporation tax and personal tax rates. See my post above, even social paradises in Europe charge low rates of CT these days, to keep large companies and to try to fend off the tax havens.

Looks like we'll never find out in the UK, with similar tax policies amongst all votable parties. Large companies are very much swayed by it. The CT havens of Ireland, Lux and Netherlands the European home to Dell, Starbucks, Amazon, MS, Apple, so that they pay bugger all tax on their entire...

'Moving' states is the US way for the rich. Florida is famous for low tax rates. It may be coincidence that many rich European sportsmen made Florida their home.

There are behavioral changes section attached to each new apolitical Treasury document specific to a tax increase. These quantify the estimated yield in year one, then a marked reduction thereafter. A second example is Sturgeon who added one percent to higher rate tax, she said it would raise...

Exactly. My preference would be no NI, just a flat rate of income tax at say 42.5% above a certain level and a high personal allowance. Perhaps in between a gently graduated increase, there’s a means of achieving that. Anyone doing well in a job or business would keep the majority of the...

Yes they do. I’ve worked with many clients who turned away work to stay below tax thresholds. Both the self employed and owner-managed companies.

What are you going on about, I wasn't criticising Reeves? My problem is with conspiracy theorists whoever they are and online gossips perpetuating the innuendo. This wasn't clever satire. Instead, from anyone, the musings of tittle tattle inuendo merchants.

:goal:

The hard left told us Corbyn was thrashed solely due to Brexit.

It was tittle tattle worthy of Eamonn Holmes or a Sun showbizz columnist, about someone who can’t reply, someone Jones would probably dislike through his middle class warrior persona. Not the work of a supposed serious journalist or activist. The apology was post the revelation of a very...

Rent-a-gob Owen Jones also childishly stuck his snout into the Kate Middleton trolling. The musings of a snide, not someone to be taken seriously. Sadly we’ll regularly see his face over the next 5 or 10 years as he attempts to help derail a Labour government. “Journalist and political...

The SNP’s tax increase of just an additional 1% higher rate tax was forecast to raise £53m a year, it raised £8m. In general people who can set their level of work and/or income, 5.6m and growing fast amongst Gen Z, if things go well, are encouraged by tax rates to cap income at £50,270 or...

From the experts including the respected IFS, the Laffer Curve effect is real. For example from 30:00.

As someone who works in the taxation field, the Laffer Curve effect absolutely is a real thing. Business people and other decent earners alter working life behavior and arrangements to not pay higher rate, additional rate and the tax cliff at £100,001 income. Treasury specific tax change...

By the issue of Virtue Bonds :fishing:

Reform have a imho surprising large following just now and growing, in the many millions going by polling samples. I’d be very surprised if this cabal have anything like that effect. Online they’re targeting Wes Streeting MP in Ilford North at the next GE. He comes across as a decent human...

I’m fine with perceived ‘u-turns’. Tunnel vision is far worse. My interest is Labour’s manifesto, them more so a Labour government’s deeds.

Or Coogan, Jones, Corbyn, Abbott, Lansman, Charlotte Church, Livingstone, Chris Williamson, Susan Michie and mates start their own party. Let’s see how they get on at a GE.

Then they’ll be booted out in 2029. I’m hopeful and not for the lazy “anything’s better than this lot” followed by a fake laugh. My shopping list, if they can make significant inroads into: - numbers of affordable homes, helping the homeless. - fix our roads. - A&E chaos. - the mental health...

Why do Labour have to reveal or firm up their manifesto now, probably 7 months from a GE? It would give the government the opportunity at the autumn statement to copy tax changes and set further traps to screw Reeves first budget. Not in power, so cleverly playing the long game. Ever since...