The UK Politics and EU Referendum thread - merged

[bobAlike]

Here is the definitive list of how Labour plans to fund its spending commitments - http://bit.ly/2pPU0Ma

Click to see full-size image.

That doesn't include the Northern "splash £500bn on vanity projects" bank or the capital expenditure from buying back Water, Rail, Electric, Gas, Trains, Building homes or whatever else.  Some of the other costs are down as capex too, so don't count as spending in Labour's World.  Seems farcical to claim something is fully costed and then only partially cost it. 

I wish they would be more ambitious on inheritance tax.  I also think they need to get rid of the big kinks in the tax system that put people off working harder.  There is a big kink where you lose child benefit, where you can be effectively taxed at over 70% if you have 4 kids; and there is a big chunk after £100k where you are already taxed at 60% because the tax free allowance falls away (this will now be 65% tax).  Get rid of these kinks and people will be more accepting of the 45% and 50% bands, and maybe even more so if they weren't paying for the idiotic triple lock guarantee on pensions.

And more importantly, is there a commitment to give MPs a "fair" pension in line with everybody elses?  They seem to be getting a free ride from membership of the "few".

We agree on something :-)

Totally agree with this sentiment, although I do already vote and complain

[TightEnd]

Click to see full-size image.

[TightEnd]

Latest poll #GE2017

Con 48 (-1)
Lab 28 (+1)
Lib Dem 10 (-)
Ukip 6 (+1)
Green 3 (-)

Con lead - 20 pts (-2)

ICM May 12-14

[TightEnd]

How 2015 Ukip voters will vote today:

Con 39% (+2)
UKIP 26% (-9)
Don't know 22% (+5)

ICM May 4-14

Long trend ->

[TightEnd]

If Labour did raise £49bn in tax it could push tax receipts to highest level in 70 years

If Labour did boost spending by £74bn spending could reach highest pre-crisis level since mid-1980s

http://election2017.ifs.org.uk

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[TightEnd]

Labour release costings of its manifesto - but no detail on costs of renationalisation plans http://bit.ly/2rlYRWx

[TightEnd]

this is a title and a half

"John McDonnell is a bad, bad bastard being found out."

The Labour party now has an IRA-sympathiser and virtual Communist as Shadow Chancellor

https://reaction.life/john-mcdonnell-bad-bad-bastard-found/

[TightEnd]

Big gap between Labour and Conservatives on corporation tax. Will either have desired effect on revenues/investment?

http://www.resolutionfoundation.org/publications/a

Click to see full-size image.

[TightEnd]

Labour’s manifesto steals from the rich – and gives it back to the wealthy, says Ross Clark

https://blogs.spectator.co.uk/2017/05/labours-manifesto-steals-rich-gives-back-wealthy/

[TightEnd]

Labour returns to tax and spend – but will the public back it?

Corbyn thinks changing attitudes mean we will back tax rises and borrowing, although the sums involve some sleight of hand

https://www.theguardian.com/politics/2017/may/16/labour-tax-and-spend-public-back-jeremy-corbyn?CMP=twt_gu

[TightEnd]

Here the IFS on who would pay for tax rises: About £1000 a year for those in £100k, £8k a year for those on £200k+

[TightEnd]

Westminster voting intention:

CON: 47% (-1)
LAB: 33% (+2)
LDEM: 7% (-1)
UKIP: 5% (-)
GRN: 3% (+1)

(via @PanelbaseMD / 12 - 15 May)

[TightEnd]

Westminster voting intention:

CON: 47% (+3)
LAB: 29% (+1)
LDEM: 8% (-3)
UKIP: 6% (-2)
GRN: 4% (-1)

(via @TNS_UK / 11 - 15 May)

[TightEnd]

McCluskey sets bar at 200 seats for Corbyn – a "successful campaign." Adds: "I don't see Lab winning"

As Labour won 232 in 2015,this seems a little odd

http://www.politico.eu/article/len-mccluskey-jeremy-corbyn-labour-general-election-2017/

[TightEnd]

A lot of people are asking why Labour don't need to cost their nationalisations.

http://www.newstatesman.com/politics/economy/2017/05/heres-why-labour-doesnt-need-explain-how-itll-pay-nationalisation