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Rachel Reeves rules out wealth tax if Labour wins next election
  • @lasagna yeah dodgy. I’ll be thinking of you crying when you finally realise how scammed you were by the most inept political operatives this century. Imagine believing you’ll get any good policies from the labour right. You’re literally scrabbling around in a thread where reeves is telling you how shit they are you rube

  • Rachel Reeves rules out wealth tax if Labour wins next election
  • @lasagna @JoBo @unitedkingdom starmer and the labour right are far worse than tories and you would be a fool to vote for them. They are not the lesser evil, they are worse than tories in most respects. Saying they are the lesser evil shows that you know nothing a out Uk politics and even less about the Labour Party.

  • Keir Starmer: ‘We can’t win power by spending. We need to reform and create wealth’
  • @frazorth Actually increasing taxes is very much the Tory way. All increases that have ever happened to VAT have been from tory governments.

    Gilts and loans are paid back at a rate of our choosing so are no obstacle to spending money (which we can print ourselves remember) now.

    I agree that Starmer is a fool however.

  • Keir Starmer: ‘We can’t win power by spending. We need to reform and create wealth’
  • @frazorth Yes taxing the rich is absolutely neccesary, but only to stop the rich spending the money. Tax is irrelevant to whether the money is there or can be spent by governments.

    For example, see UK COVID spending of £372bn with no increase in tax to pay for it.

    Or £4 billion+ sent to Ukraine with no questions asked.

    I could go on.

    To return to Starmer, he will never suggest taxing the rich because he is a tory in a red rosette.

  • Keir Starmer: ‘We can’t win power by spending. We need to reform and create wealth’
  • @frazorth @tillimarleen You are incorrect. Governments of countries with sovereign currencies literally have no limit on how much they can spend. They cannot "run out of money".

    All spending choices are pure ideology meaning if he chose to, Starmer could fund anything he could think of.

    He doesn't do that because he's a closed-minded tory in a red rosette.