The Labour Party have had a bit of a shaky start, i am hoping that they are getting all the bad news out the way in the first few months and then it's all rainbows and lollipops but to be fair they were stitched up royally by the outgoing Conservative Party who knew they were on the way out and nobbled them massively to the tune of a £22 billion deficit.
They way they did it was agree to pay out billions for compensation for the Post Office Horizon Scandal (£10bn) and infected blood scandal (£11.8 billion) and then put it on an IOU, stuck it an envelope which they locked in a drawer and delayed paying out until after the election, which they comprehensively lost.
So all of Labour's spending plans flew out the window when they opened the drawer and hence Rachel Reeves bemoaning the Conservatives 'spending taxpayers money like no tomorrow because they knew someone else would have to pick up the bill' and her first budget was tax rises on some, including the Farmers.
Now at the start the Farmers did have public sympathy, until two moments when they slunk away with their tail between their legs.
The first was a question on Question Time which asked: 'Why do Farmers think they do not have to pay Inheritance Tax?' which bought to everyone attention that while everyone else was paying 40% on any estate worth over £350,000, the Farmers were paying £nil and were now being asked to pay 20% on anything over £3 million which still sounds a bit of a raw deal for the rest of us.
Then big mouthed Jeremy Clarkson came stomping into the argument, setting himself up as the mouthpiece for Farmers and the 'unfair tax' until the BBC unearthed him saying that when he bought his farm: 'Avoiding inheritance tax was the critical thing' in his decision to buy land which saw him quickly retreating and stomping back off again to keep his big head down.
So i say stick with Labour, the Conservatives went down the route of increasing Income Tax and National Insurance and slashing and cutting public services whereas Labour are trying to do it in a way which fixed the mighty black hole they inherited won't see any return to the awful Tory Years of Austerity which did so much damage.
Sunday, 5 January 2025
Sticking With Labour
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