Let’s all bask in the promise of our glorious middle managers adulting their way into an even more crumbling nation and society.
Yay. Go us.
First!
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No point in a honeymoon when it was only ever a marriage of convenience.
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I really think the next 5 years are going to be funnier than the last 5 years, just by Keith and his acolytes going repeatedly “the adults are in charge”. I genuinely don’t think Reeves is going to last long as Chancellor.
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I’m sorry but there is absolutely no way the next 5 years can compete with any time period that included a Liz Truss premiership
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Ok take the Truss era out and I think this will be funnier.
Amazing how often I forget about the statistical anomaly like it was its own thing that is to be siloed off in history
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Reeves will last longer than Starmer - she is exactly who the party establishment, the establishment and the press want in the role.
Is this the first time that a new government s popularity has fallen across the first three months since the election?
They typically rise in the polls for the first few months.
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Who’d have thought promising nothing and then offering even less would be so unpopular
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in the article that’s from
more voters (43 per cent) believe raising inheritance tax would amount to a tax on working people than do not (35 per cent)
inheritance, that most famous kind of income from going to work
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If you’re not working yourself into the ground, in order to die and pass on an inheritance, can your toil even be considered legitimate labour?
Surely this just means they believe raising inheritance tax really means taxing estates worth less than the current threshold (thus affecting working class people).
And tbf, inheritance tax change is never talked about in hard numbers by politicians properly. Most people seem to assume they’re already going to pay through the nose on it when they won’t see any tax at all.
If they said ‘we’re bringing the starting point for tax to anything over 350k (whether that includes property handed to kids or not)’, a lot of people would realise it still doesn’t touch them. But staying vague about it freaks people out.
And I get why. If you’re in a world where without inheritance your odds of ever having any sort of safety are an almighty zero, you’ll be alarmed at the thought that even that avenue is being shut down.
Have never really understood why govts are so shy about talking hard numbers loudly on the idea of IT.
I’d say Labour should be worried for 2028 or whatever but they might be fine if the Tories spend the next four years making stuff like ‘get mad at David Tennant’ their central platform
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Inheritance tax affects People Who Matter though, and therefore a lot of time and effort has been put into ensuring that everyone else thinks that it will affect them, and that it is unfair.
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but I don’t get this because it already affects ‘people who matter’. so why does making additional people think they’ll be affected change that?
oh you’re saying the former group are hoping it’ll be abolished if that message goes on long enough? Or that if you keep making it scary no one will push for higher rates either, I guess. Yeah.
It’s genuinely shocking how big an estate you can pass on in value without being hit by tax, and that’s without any grey-area loopholes. just straight up vast amounts of money won’t be touched.
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“But I’ve already paid tax on it”
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love that stuff. often the same folks slamming into their pension to avoid higher rate