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The ifs are worried that taxing the rich would raise nothing like labour expect, let's say there right, what then where will labour get the money to fund all there promises?
What the ifs said was a bit more than that macho as you probably no, they said both the tories and labour were misleading people and that labour would raise spending and taxes to record highs
https://amp.theguardian.com/business/2017/may/26/conservative-labour-tax-spending-plans-ifs-general-election-manifesto. Everything I said is in the always reliable guardian paper quoting the independent ifs
And as a by the way, McDonnell’s economic policies were developed in tandem with a committee made up of 7 leading macroeconomic Professors, including one Nobel Prize winner. The idea put about by some of the Press that they are some sort of mad far left set of loony policies is ridiculous. Labour’s policies are to the right of what a any UK Govt did between 1945 and 1975. Several members of that committee openly criticised McDonnell for not being radical enough.
I was also reading how any of it would benefit people on working tax credits and benefits as there the poorest people as a rule, and still can't figure out how anyone will be any better off?
Good job glyn as many have stopped or are stopping donating
https://amp.theguardian.com/politics/2017/jun/23/uks-biggest-political-donor-lord-sainsbury-to-end-his-contributionsJust a few links there are many more glyn
https://metro.co.uk/2018/05/31/labour-donations-have-dropped-to-lowest-level-since-records-began-7594301/amp/Just a few links there are many more glyn
Quote from: bpoolrover on August 18, 2018, 01:01:14 pmhttps://amp.theguardian.com/politics/2017/jun/23/uks-biggest-political-donor-lord-sainsbury-to-end-his-contributionsJust a few links there are many more glyn According to that he only made one donation to Labour.
Sweden and Denmark have far higher taxes than us and far higher Govt spending. They also have far higher quality of life, per capita income and happiness index scores. Makes you think.
Lol bst I’ll take your word for it on that link thanks