Showing posts with label social democrat. Show all posts
Showing posts with label social democrat. Show all posts

Monday, 22 August 2016

Labour Leadership Election 2016; Why I'm Team Jezza

A few minutes ago I received my online ballot for the labour leadership election: Anyone I have ever had a political discussion with will probably assume I voted for JC.... You are right. Yes I did.

Throughout the leadership election I was inclined to vote JC because he was the man who inspired me to join the labour party to begin with, and because I view the election we are going through as a attack on him & an anti-democratic coup rather than an election to exercise a democratic right.

Before JC became leader I looked at the labour party and saw what looked to me like a shell of its former self, and doubted that it could play more than a minimalistic role in the workers movement leading to a fairer, more egalitarian society. JC's commitment to restoring that party to a party of social change, a party about standing up for the metaphorical 'little guy' and a party of the most fundamental of socialist values; equality, liberty, democracy and peace made me re-evaluate that belief; I now believe that the labour party can be saved, and I stand by my belief that the leader best placed to do that is now and will be for the foreseeable future JC.

In the interest of fairness I read the statement provided by Owen Smith on the voting form and wasn't that impressed. Namely because I don't actually believe that he is the 'unity' candidate that the 'anyone but Jezza' crowd are demanding.

Jezza is who I voted for because he IS a unity candidate in my view; namely because of his his pledge to democratise the party and his willingness to work with those who have made it perfectly clear that they don't agree with his views despite there open and destructive opposition - it beggars belief that an open hand was treated like a clenched fist simply because it was JC who held it out.

Not only do I have every faith that JC has the skill and the determination to unify the labour party, I believe that he has the skill, the drive and the compassion to unify the country and deliver a labour victory in the 2020 general election.

Sunday, 9 February 2014

Dear Tory’s… Don’t you trust us with all the facts about tax?

Something that really pissed me off on an episode of BBC’s Question Time was opposition to the 50% tax rate, because when national insurance contributions are added this means that a person would be paying 52% tax, which might apparently be a hindrance to an individual’s aspiration to try to earn a salary over £150,000.

Well most people don’t pay 2% national insurance contributions they pay 12%; only people earning over £797 per week pay 2% and people earning under it pay 12%. £797 per week equals 41,444 per year. However as the 40% tax band kicks in at £31,886 per year, this means that when 40% income tax plus 12% national insurance are added, people are paying 52% tax on all earnings between £31,886 and £41,444 per year already.

This also means that people earning between £41,444.01 and £150,000 are paying 42% on earning’s in this range and people earning over £150,000 are at present paying 47% tax on earnings over £150,000.

And I always thought that a progressive tax system was where richer people paid more not less because they could afford it, but as we see here people earning over £41,444 are paying a lower rate than people earning less than £41,444. The only thing which is even more stupid than this is that the people who reduced the 50% tax rate down to 45% didn't think we’d notice this.

This proves where the typical Tory’s priorities lie; making middle earners pay more to give a tax cut to their millionaire mates…

Well I have an idea; instead of increasing the 45% tax rate back to 50%, increase tax on the rich by replacing the regressive national insurance bands with a flat rate of 10%, then people earning between £31,996 and £41,444 won’t be paying a higher rate than the minority earning a six figure salary; thus nullifying in the process the argument that high taxes on the rich are bad for business because thousands of smaller business owners will have been given a slight tax cut in the process. The tax difference may be small, 2% opposed to 5% but it would positively impact far more people so there’s a much better chance of someone being able to do some good with it, and the reduction would (at least partly) be cancelled out by the fact that people who were once paying 2% would now be paying 10%.