Over 50,000 demand wealth tax as alternative to austerity in Autumn Budget

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Rachel Reeves says that there are difficult choices ahead, that the poor have to make sacrifices and thanks for her new clothes.
Rachel Reeves says that there are difficult choices ahead, that the poor have to make sacrifices and thanks for her new clothes.

https://morningstaronline.co.uk/article/over-50000-demand-wealth-tax-as-alternative-to-austerity-in-autumn-budget

THE Labour leadership faced demands today to tax the rich instead of inflicting more painful spending cuts in its Budget on Wednesday.

Chancellor Rachel Reeves has warned that her fiscal announcement will involve “difficult decisions” because of a £22 billion “black hole” left by the Tories in the nation’s finances, which has since led her to talk of finding £40-50bn in spending cuts and tax rises.

Today Labour MP Richard Burgon presented a 50,000-strong petition in Parliament calling for wealth taxes as an alternative.

The petition calls for a 2 per cent wealth tax on assets over £10 million, which could raise £24bn a year.

It also suggested equalising capital gains tax with income tax rates and ending state subsidies for fossil fuel giants, which could raise another £21bn.

Ms Reeves stated that the upcoming Budget will focus on “strivers,” invoking the rhetoric of austerity architect George Osborne, though a speech by Prime Minister Sir Keir Starmer today stressed Labour would raise taxes to invest in public services.

Labour MP John McDonnell tweeted: “Simple request to whoever is now running Labour’s communications strategy, drop the ‘strivers’ language as it inevitably has led in the past to reference to ‘skivers’ prefacing attacks on welfare benefit claimants and cuts in social security support.”

Over 120 charities under the End Child Poverty Coalition have called on the Chancellor to use the Budget to finally ditch the two-child benefit cap.

The coalition says that doing so would lift 300,000 children out of poverty.

https://morningstaronline.co.uk/article/over-50000-demand-wealth-tax-as-alternative-to-austerity-in-autumn-budget

Keir Starmer, Angela Rayner and Rachel Reeves wear the uniform of the rich and powerful. They have all had clothes bought for them by multi-millionaire Labour donor Lord Alli. CORRECTION: It appears that Rachel Reeves clothing was provided by Juliet Rosenfeld.
Keir Starmer, Angela Rayner and Rachel Reeves wear the uniform of the rich and powerful. They have all had clothes bought for them by multi-millionaire Labour donor Lord Alli. CORRECTION: It appears that Rachel Reeves clothing was provided by Juliet Rosenfeld.
Keir Starmer says pensioners can freeze to death and poor children can starve and be condemned to failure and misery all their lives.
Keir Starmer says pensioners can freeze to death and poor children can starve and be condemned to failure and misery all their lives.
Continue ReadingOver 50,000 demand wealth tax as alternative to austerity in Autumn Budget

Removing caps on benefits could save the government billions of pounds, study finds

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Image of Keir Starmer and a poor child.
Zionist Keir ‘Kid Starver’ Starmer. Image thanks to The Skwawkbox.

https://morningstaronline.co.uk/article/removing-caps-benefits-could-save-government-billions-pounds-study-finds

REMOVING caps on benefits could save the government billions of pounds rather than cost money, a progressive economic think tank says.

The New Economics Foundation (NEF) report, published today, says that the cost of benefit caps could be outweighed by the gains to be made from abolishing them.

Gains include easing extra pressure on the NHS and other services resulting from the poverty caused by the caps, according to the experts.

The benefit cap was introduced in 2013 by the Conservative and Liberal Democrat coalition government and limits the amount of benefits a household can receive.

The two-child limit was introduced by the Tory government in 2017. It restricts the application of child tax credit and universal credit to the first two children in households.

The NEF estimates that axing the caps could save £1.5 billion a year over the next five years alone through lower demand on public services.

In the longer term — in 20 or 25 years — children lifted from poverty could have estimated future net earnings of £920 million a year higher, with an extra £490m returned to government through taxation and reduced spending on social security.

“In reducing child poverty rates, pressures on the NHS, schools and social services will reduce, enabling the reallocation of resources to other areas of high demand,” the report states.

https://morningstaronline.co.uk/article/removing-caps-benefits-could-save-government-billions-pounds-study-finds

Keir Starmer says pensioners can freeze to death and poor children can starve and be condemned to failure and misery all their lives.
Keir Starmer says pensioners can freeze to death and poor children can starve and be condemned to failure and misery all their lives.
Continue ReadingRemoving caps on benefits could save the government billions of pounds, study finds

100 days of increasing solitude for Starmer

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Image of the Green Party's Carla Denyer on BBC Question Time.
Image of the Green Party’s Carla Denyer on BBC Question Time.

Commenting on Labour’s first 100 days in office, Green Party Co-Leader Carla Denyer MP said: 

“The collapse in Starmer’s popularity since taking office has been remarkable. It was clear to me during the election campaign that voters across the country wanted change. After 14 years of Tory failure, they expected Labour to deliver it. The public’s sense of disappointment is palpable. 

“Instead, we have a government aligned with Tory austerity. The two-child benefit cap and the scrapping of the Winter Fuel Payment for millions of pensioners are both examples of how this government’s default has been to make the most vulnerable in our society pay. The ‘black hole in our finances’ should, and could, be solved by asking the wealthiest to pay just a fraction more. Instead, Labour seems content with letting the poorest bear the brunt. 

“It doesn’t have to be this way. We are one of the richest countries in the world, yet deeply unequal. The Chancellor has hinted that she is willing to borrow more to invest in much-needed infrastructure, which is welcome. But we also need to address the source of everyday revenue spending. 

“The last fourteen years have seen the rich get richer, with the top fifth now owning a third of the country’s wealth. It’s only fair that those with the broadest shoulders should now pay a bit more to help our NHS, rebalance society, and improve living standards for everyone. A wealth tax, alongside other changes to the tax system, could deliver this. 

“We as a country, and particularly the Labour government, face a political choice. Will they tax more fairly to properly invest in our crumbling frontline services, or will they continue to oversee managed decline and austerity economics? The Greens will, every day, keep pushing for them to properly invest in Britain.” 

Keir Starmer commits to play the caretaker role for Capitalism through the "hard times".
Keir Starmer commits to play the caretaker role for Capitalism through the “hard times”.
Continue Reading100 days of increasing solitude for Starmer

Labour continues popularity freefall as it marks 100 days in government

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https://morningstaronline.co.uk/article/labour-continues-popularity-freefall-it-marks-100-days-government

Prime Minister Keir Starmer during his talks with Nato Secretary General Mark Rutte in Downing Street, in London, October 10, 2024

LABOUR and Prime Minister Sir Keir Starmer’s approval ratings are still nosediving as the government marks 100 days in office tomorrow.

New Ipsos polling reveals Sir Keir’s net popularity has fallen to a record low of minus 26 points — worse than Reform leader Nigel Farage.

Rachel Reeves was doing even worse at minus 30 points with four in nine saying she is doing a bad job as Chancellor.

Experts blamed No 10 “turf wars,” scandals over ministerial freebies and cutting pensioner benefits as the Labour Party’s net popularity also plummeted 13.5 points to minus 21 points since the general election.

https://morningstaronline.co.uk/article/labour-continues-popularity-freefall-it-marks-100-days-government

Keir Starmer explains that he feels no shame or guilt benefitting personally from gifts from the rich and powerful while insisting on policies of severe austerity causing suffering and death.
Keir Starmer explains that he feels no shame or guilt benefitting personally from gifts from the rich and powerful while insisting on policies of severe austerity causing suffering and death.
Zionist Keir Starmer is quoted "I support Zionism without qualification." He's asked whether that means that he supports Zionism under all circumstances, whatever Zionists do.
Zionist Keir Starmer is quoted “I support Zionism without qualification.” He’s asked whether that means that he supports Zionism under all circumstances, whatever Zionists do.
Vote For Genocide Vote Labour.
Vote For Genocide Vote Labour.
Continue ReadingLabour continues popularity freefall as it marks 100 days in government