As someone who hates the Tories, this is total bullshit reporting, actually. The £3,500 a year figure comes from “an additional £100bn a year for the exchequer – the equivalent to about £3,500 more per household”, but where is that additional £100bn coming from?
A “rise in corporation tax from 19% to 25%, the energy profits levy and the freezing of various income tax and national insurance thresholds.”
Ah yes, “various income tax rates”, that’s definitely not a reference to the top rate of income tax… which is £125k. Fuck off. I don’t give a shit about people earning that much having to pay more tax.
Fuck the Tories, they’re looting the whole country. But this is total nonsense.
Which is a rise of £21.6b £26.5, this leaves £73.5b in extra tax receipts since 2019. That is still a massive amount. If we assume that the £3500 per household is correct for the total amount, then with the new amount it is still £2572.5 per household, that is without corporation tax and windfall levies. Which is still £172.5 higher than the Tories said we would get if we were stupid enough to vote for Corbyn.
And for icing on the cake, Corporation taxes have actually decreased under the Tories from 28% in 2011, 24% in 2012, 23% in 2013, 21% in 2015, 20% in 2016 and 19% in 2018. The last 5 years have been the lowest rate for corporation taxes in at least the last 60 years. More proof that the burden of finances the country is falling on the poorer people in the UK.
As someone who hates the Tories, this is total bullshit reporting, actually. The £3,500 a year figure comes from “an additional £100bn a year for the exchequer – the equivalent to about £3,500 more per household”, but where is that additional £100bn coming from?
A “rise in corporation tax from 19% to 25%, the energy profits levy and the freezing of various income tax and national insurance thresholds.”
Ah yes, “various income tax rates”, that’s definitely not a reference to the top rate of income tax… which is £125k. Fuck off. I don’t give a shit about people earning that much having to pay more tax.
Fuck the Tories, they’re looting the whole country. But this is total nonsense.
Stating you hate the Tories then come out with an opinion to try and promote them. Your last post said
It is like you are saying I hate the Tories as a deflection from the fact you want to denigrate anyone speaking against them.
As for your comments here:
The windfall profits levy is expected to be £5b. I could argue this is government figure, so optimism is key here.
Corporation tax from 2019 year end is £63.2b
Corporation tax from 2023 year end £84.7b
Which is a rise of
£21.6b£26.5, this leaves £73.5b in extra tax receipts since 2019. That is still a massive amount. If we assume that the £3500 per household is correct for the total amount, then with the new amount it is still £2572.5 per household, that is without corporation tax and windfall levies. Which is still £172.5 higher than the Tories said we would get if we were stupid enough to vote for Corbyn.And for icing on the cake, Corporation taxes have actually decreased under the Tories from 28% in 2011, 24% in 2012, 23% in 2013, 21% in 2015, 20% in 2016 and 19% in 2018. The last 5 years have been the lowest rate for corporation taxes in at least the last 60 years. More proof that the burden of finances the country is falling on the poorer people in the UK.
EDIT: Corrected the error in the sums.