AND HERE WE GO - THE 2019 GENERAL ELECTION THREAD

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IanM said:
Lol... random member of public in BBC audience who got to ask a question is a Labour Party Communications staffer....

...what are the chances of that?
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A lot less than an 'Orange Jaiket' ex UKIP candidate, super ultra yoon appearing on FOUR BBC QT Scottish programmes on the trot and being chosen to ask questions on THREE of them.:eek:
 
pauldj42 said:
Let’s do the obvious one, that article is from July and is in the Manifesto and even the link says reduce the tax, not get rid.
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Errr no... the link says that Labour plan to reduce the inheritance tax threshold, not reduce the tax.

if you don't know the difference then there's not much point discussing it.
 
harpo_72 said:
Crikey it’s dreadful don’t vote for him it doesn’t go with his 17yr old marks and Spencer’s coat or his National health glasses ... when is he going to get his teeth straightened and whitened.

Good news top shop for men have a shiney suit in his size ..yay
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My question was why, in other words has it some significance. I expect little else from you sir.
 
SocketRocket said:
Why is Corbyn wearing that tatty scarf?
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Gopher said:
Errr no... the link says that Labour plan to reduce the inheritance tax threshold, not reduce the tax.

if you don't know the difference then there's not much point discussing it.
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Hey-up....... they've finally arrived in town.... they'll be fine company for that £80,000 QT guy... hahaha
 
Gopher said:
Errr no... the link says that Labour plan to reduce the inheritance tax threshold, not reduce the tax.

if you don't know the difference then there's not much point discussing it.
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Obviously you have difficulty reading what you typed!

You stated it will END with Labour and posted a link to inheritance tax, and just as I replied it’s not ENDING.
They plan to reverse what Osborne brought in as per their manifesto.

You do yourself no favours trying to be clever.:rolleyes:
 
pauldj42 said:
Obviously you have difficulty reading what you typed!

You stated it will END with Labour and posted a link to inheritance tax, and just as I replied it’s not ENDING.
They plan to reverse what Osborne brought in as per their manifesto.

You do yourself no favours trying to be clever.:rolleyes:
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You're doing yourself no favours trying to understand something that you clearly don't.

What part of 'Labour looking at scrapping Inheritance Tax threshold' don't you understand? Does it need explaining to you? :rolleyes:
 
pauldj42 said:
Obviously you have difficulty reading what you typed!

You stated it will END with Labour and posted a link to inheritance tax, and just as I replied it’s not ENDING.
They plan to reverse what Osborne brought in as per their manifesto.

You do yourself no favours trying to be clever.:rolleyes:
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To be fair Paul I think you may have got a bit lost in translation with what @Gopher has wrote. He hasn't said the tax will end with labour, I think from reading what he's wrote is that it will be the end of people being able to work their whole lives and leave behind property or any form of inheritance to kids or loved ones.

Because it's not the tax they're cutting its the threshold at which an inheritance qualifies before becoming taxable thus meaning you, me or anyone will in fact pay more inheritance tax, so say we leave an inheritance to our kids they will in fact get a lot less meaning the security blanket we think were leaving behind has ended.
 
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Wolf said:
To be fair Paul I think you may have got a bit lost in translation with what @Gopher has wrote. He hasn't said the tax will end with labour, I think from reading what he's wrote is that it will be the end of people being able to work their whole lives and leave behind property or any form of inheritance to kids or loved ones.

Because it's not the tax they're cutting its the threshold at which an inheritance qualifies before becoming taxable thus meaning you, me or anyone will in fact pay more inheritance tax leaving so say we leave an inheritance to our kids they will in fact get a lot less meaning the security blanket we think were leaving behind has ended.
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This is a big one and I’m surprised the Torys haven’t jumped on it big time.

Replacing inheritance tax with a “lifetime gift allowance” of £125k is a huge sea change.
At the moment inheritance tax is paid by only 5% of estates, so it hits the rich and super rich, but not the people in the middle.

The new system will affect about 65% of estates (taking out the rental sector) or 90% of homeowners.

I can see this being huge
 
PhilTheFragger said:
This is a big one and I’m surprised the Torys haven’t jumped on it big time.

Replacing inheritance tax with a “lifetime gift allowance” of £125k is a huge sea change.
At the moment inheritance tax is paid by only 5% of estates, so it hits the rich and super rich, but not the people in the middle.

The new system will affect about 65% of estates (taking out the rental sector) or 90% of homeowners.

I can see this being huge
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They are suggesting reversing the changes brought in by George Osborne, it will revert to were we were in 2010-14, surprisingly enough (using a couple as the example) very few people in the Country have £250,000.00 in assests.
 
Wolf said:
To be fair Paul I think you may have got a bit lost in translation with what @Gopher has wrote. He hasn't said the tax will end with labour, I think from reading what he's wrote is that it will be the end of people being able to work their whole lives and leave behind property or any form of inheritance to kids or loved ones.

Because it's not the tax they're cutting its the threshold at which an inheritance qualifies before becoming taxable thus meaning you, me or anyone will in fact pay more inheritance tax leaving so say we leave an inheritance to our kids they will in fact get a lot less meaning the security blanket we think were leaving behind has ended.
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Cheers for that, I accept I have been confused by his wording and him saying it will end.(y)
 
Gopher said:
You're doing yourself no favours trying to understand something that you clearly don't.

What part of 'Labour looking at scrapping Inheritance Tax threshold' don't you understand? Does it need explaining to you? :rolleyes:
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Would you like to answer the Duke of Westminster question?
 
pauldj42 said:
They are suggesting reversing the changes brought in by George Osborne, it will revert to were we were in 2010-14, surprisingly enough (using a couple as the example) very few people in the Country have £250,000.00 in assests.
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depends where you live Paul

Down south the average 3 bed semi/ terrace costs £280-£300 k minimum that’s in Aylesbury, go closer to London by 10 miles to Chesham and it’s £350k

There is going to be a shedload of middle England not happy with this proposal
 
PhilTheFragger said:
depends where you live Paul

Down south the average 3 bed semi/ terrace costs £280-£300 k minimum that’s in Aylesbury, go closer to London by 10 miles to Chesham and it’s £350k

There is going to be a shedload of middle England not happy with this proposal
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Equity release will be used to avoid paying out.
 
PhilTheFragger said:
depends where you live Paul

Down south the average 3 bed semi/ terrace costs £280-£300 k minimum that’s in Aylesbury, go closer to London by 10 miles to Chesham and it’s £350k

There is going to be a shedload of middle England not happy with this proposal
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I don’t agree with it Phil as I said above, but once again it’s a Policy that makes no difference to those at the top or bottom and catches the few in the middle.
If, the Duke of Westminster had paid Inheritance tax it would of nearly equalled the amount collected by the Government in that year, the whole system needs a review.
 
For a minute, try and forget the fixation with the duke of Westminster.

He is an anomaly, I’m more concerned with the average person in the street, who has worked hard, saved, bought a house, raised a family and wants to pass that onto the kids.
 
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