For what it’s worth, I think this policy is incredibly naive. £250,000 every 10 years is tiny, practically a rounding error, to the people Reform is trying to court.
>Reform said about 2.5 million workers earning a full-time salary of less than £23,000 would be given £600 if 6,000 non-doms paid for the Britannia card. The amount of money would rise and fall depending on how many non-doms took up the new tax offer.
£600 as a one time payment. I’m not impressed.
Spamgrenade on
You see the problem with main stream politicians is that they don’t focus on the issues important to the working classes. This is why they are losing votes to Reform.
/s
DukePPUk on
So… a tax cut for the super-rich?
Letting the rich pay £25k a year instead of taxes effectively puts an upper bound on tax contributions.
Anyone likely to pay over that much in tax would take the deal and pay less tax. Anyone likely to pay less tax than that wouldn’t. And if you’re questioning whether you are paying more £25k a year in these taxes, you hopefully have an accountant to do this for you and get a pretty good picture.
Overall you get a decrease in tax. Which is somehow going to fund payments to “the lowest-earning 10 per cent of full-time workers.”
Once again, Nigel Farage showing his colours – tax cuts for the elites – although most of his supporters will dismiss it.
thedybbuk_ on
An inevitable consequence of a centre-right Labour Party dismantling its social democratic and left-wing base is that the hard right will co-opt the rhetoric of the left to win support and votes.
Of course, it makes no sense to think Reform would ever seriously challenge the rich and powerful… but as long as Labour cozies up to wealthy and aligns itself with slimy capitalists like Mandelson, it leaves the stage open for others to pose as the alternative.
MAGA just won an election by doing the same in the United States. The Democrats stopped representing change, and charlatans seized the opportunity to offer it instead.
Poonchild on
A dogshit policy aimed at the their thick as pigshit voter base, and to woo other thick as pigshit Tories.
They know their demographic, I’ll give them that.
UlteriorAlt on
Sounds like a British remix of the “Trump Card” and the “DOGE Refund Dividend”.
>Non-doms would be handed a new “Britannia Card” and qualify for the tax exemptions by paying a £250,000 one-off “landing fee”. It can be renewed every ten years at no extra cost.
£250k for 10 years of tax avoidance – though the article seems to suggest it could last indefinitely without further payments – is a *really* low pricetag.
>Farage, who will announce the radical new tax policy at a press conference in Westminster on Monday, is expected to say: “We are going to encourage those that have left to come back. They are entrepreneurs, wealth creators and big spenders. We are going to repair the social contract.”
These types of people don’t really spend their money in the local economy, at least not in the areas of the country that are in dire need of investment. To me it seems they want to “repair the social contract” by increasing inequality and hoarding yet more wealth in London.
Old_Operation_5116 on
Ironically it’s the poorest and least educated that will vote for him. They will get what they deserve.
He’s literally wrote a biography on how he’s a fucking bankers son, golf club swinging, caviar eating lobbyist. But the monkeys see him drink a pint in the pub on the tv box and they clap there stupid hands
Madness_Quotient on
A “Robin Hood” policy would be to put a dice roll chance on any given tax payment from a higher rate tax payer that it is diverted in its entirety to good causes before it reaches the treasury and that HMRC then demands the payer to pay that tax again until it gets through.
Those people who object are used as archery targets.
8 commenti
For what it’s worth, I think this policy is incredibly naive. £250,000 every 10 years is tiny, practically a rounding error, to the people Reform is trying to court.
>Reform said about 2.5 million workers earning a full-time salary of less than £23,000 would be given £600 if 6,000 non-doms paid for the Britannia card. The amount of money would rise and fall depending on how many non-doms took up the new tax offer.
£600 as a one time payment. I’m not impressed.
You see the problem with main stream politicians is that they don’t focus on the issues important to the working classes. This is why they are losing votes to Reform.
/s
So… a tax cut for the super-rich?
Letting the rich pay £25k a year instead of taxes effectively puts an upper bound on tax contributions.
Anyone likely to pay over that much in tax would take the deal and pay less tax. Anyone likely to pay less tax than that wouldn’t. And if you’re questioning whether you are paying more £25k a year in these taxes, you hopefully have an accountant to do this for you and get a pretty good picture.
Overall you get a decrease in tax. Which is somehow going to fund payments to “the lowest-earning 10 per cent of full-time workers.”
Once again, Nigel Farage showing his colours – tax cuts for the elites – although most of his supporters will dismiss it.
An inevitable consequence of a centre-right Labour Party dismantling its social democratic and left-wing base is that the hard right will co-opt the rhetoric of the left to win support and votes.
Of course, it makes no sense to think Reform would ever seriously challenge the rich and powerful… but as long as Labour cozies up to wealthy and aligns itself with slimy capitalists like Mandelson, it leaves the stage open for others to pose as the alternative.
MAGA just won an election by doing the same in the United States. The Democrats stopped representing change, and charlatans seized the opportunity to offer it instead.
A dogshit policy aimed at the their thick as pigshit voter base, and to woo other thick as pigshit Tories.
They know their demographic, I’ll give them that.
Sounds like a British remix of the “Trump Card” and the “DOGE Refund Dividend”.
>Non-doms would be handed a new “Britannia Card” and qualify for the tax exemptions by paying a £250,000 one-off “landing fee”. It can be renewed every ten years at no extra cost.
£250k for 10 years of tax avoidance – though the article seems to suggest it could last indefinitely without further payments – is a *really* low pricetag.
[This report](https://www.lse.ac.uk/News/Latest-news-from-LSE/2022/i-September-22/Abolishing-the-non-dom-regime-would-raise-more-than-3.2-billion-each-year-finds-new-report) from the LSE found that the average UK non-dom is making £450,000 “off the books”, so £25k is the equivalent of taxing their offshore earnings at 5%. Bear in mind that before Labour reformed the rules, the price of an equivalent scheme was £30k per year, every year.
>Farage, who will announce the radical new tax policy at a press conference in Westminster on Monday, is expected to say: “We are going to encourage those that have left to come back. They are entrepreneurs, wealth creators and big spenders. We are going to repair the social contract.”
These types of people don’t really spend their money in the local economy, at least not in the areas of the country that are in dire need of investment. To me it seems they want to “repair the social contract” by increasing inequality and hoarding yet more wealth in London.
Ironically it’s the poorest and least educated that will vote for him. They will get what they deserve.
He’s literally wrote a biography on how he’s a fucking bankers son, golf club swinging, caviar eating lobbyist. But the monkeys see him drink a pint in the pub on the tv box and they clap there stupid hands
A “Robin Hood” policy would be to put a dice roll chance on any given tax payment from a higher rate tax payer that it is diverted in its entirety to good causes before it reaches the treasury and that HMRC then demands the payer to pay that tax again until it gets through.
Those people who object are used as archery targets.