Are you telling us you have never heard -
Del Boy Starmer -
No income tax no VAT (rises) no Tory magic money tree.
Grandad better hide his pension book.
Bit of caution around polls in general.Some interesting stats -
https://www.electoralcalculus.co.uk/prediction_main.html
View attachment 101232
I honestly don’t get what all the fuss is about. As far as I understand (and I may be very, very wrong) you don’t pay tax on pension contributions, so when you come to draw your pension the money is coming from an untaxed pot? If this sum exceeds the income tax threshold then it should be subject to tax, same as any other income. What’s wrong with that?He is going to tax them, Starmer is being led by Blair
Nothing, except the issue here is fiscal drag.I honestly don’t get what all the fuss is about. As far as I understand (and I may be very, very wrong) you don’t pay tax on pension contributions, so when you come to draw your pension the money is coming from an untaxed pot? If this sum exceeds the income tax threshold then it should be subject to tax, same as any other income. What’s wrong with that?
Nothing. You have it spot onI honestly don’t get what all the fuss is about. As far as I understand (and I may be very, very wrong) you don’t pay tax on pension contributions, so when you come to draw your pension the money is coming from an untaxed pot? If this sum exceeds the income tax threshold then it should be subject to tax, same as any other income. What’s wrong with that?
Except fiscal drag affects everyone equally, not only pensioners.Nothing, except the issue here is fiscal drag.
The state pension has gone up numerically, but not in real terms. You can’t buy any more with it than you previously could.
But the threshold for income tax has not moved at the same rate, meaning that in a couple of years anyone on a full state pension will be over the threshold for income tax.
I would not call the state pension ‘generous’, and moreover it’s dumb to have the state give on one side and then immediately take away on the other.
I think we will find Reform is a means to an end. We have to wait and see, nothing happens overnight it can take months or years to fruition.Reform is typical modern populist nonsense. It's a lie on 2 fronts. It's a party that gets to promise the world because they know they won't have to back it up, and they are taking advantage of the average layman convincing them that what's good for the upper class is good for the lower class when that's just a bold faced lie.
Don't fall for populism.
I agree, but the tax system needs to apply to everyone, pensions shouldn’t be a special case. The tax free allowance should be raised across the board.Nothing, except the issue here is fiscal drag.
The state pension has gone up numerically, but not in real terms. You can’t buy any more with it than you previously could.
But the threshold for income tax has not moved at the same rate, meaning that in a couple of years anyone on a full state pension will be over the threshold for income tax.
I would not call the state pension ‘generous’, and moreover it’s dumb to have the state give on one side and then immediately take away on the other.
Bit of caution around polls in general.
According to poll daddy Sir John Curtice, this election is harder to nail down on a constituency basis because of the massive swing happening.
From what I’ve read elsewhere the smaller polling companies also rely very heavily on online polling, which will also skew things.
So are they not being truthful about their aims?I think we will find Reform is a means to an end. We have to wait and see, nothing happens overnight it can take months or years to fruition.
In fairness they are quite open about their aims.So are they not being truthful about their aims?
I guess you didn't read the recent Diane Abbot thread here or had you conveniently forgot that one.We've never had threads dissolve into arguments about racism when discussing the Tories, Labour, SNP, greens, lib dem, plaid... I wonder why
Do you mean they want to perfect their aim by practising on immigrants?In fairness they are quite open about their aims.
Using immigrants as target practice is one, isn't it.
To all those going on about pensions and tax, I used to think like you, so good luck when you get yours, it’s a pittance