Who exactly is a 'working person' according to Labour?

[motorbiking]

That Labour lied about tax raises? it was no surprise to me.

 

[JohnD]

Yes I suppose a wealthy person might have to call his broker once a month

Or have people to that for him.

Many give an annual review, often a computer generated report.

More attention if they see a chance to enlarge their fees.

 

[motorbiking]

its funny how people who don't know how to become wealthy, think its easy.

Is suspect however, Reeves' is Budget will drive more people to managed funds rather than managing their funds. Creating more wealth for fund managers. Is that really what she planned.

One way around the planned hike in CGT is to invest in structured investment funds.

 

[denso13]

That Labour lied about tax raises?

What lies?

 

[JohnD]

its funny how people who don't know how to become wealthy, think its easy.

The ones you've met, perhaps.

 

[motorbiking]

What lies?

Ms Reeves told the BBC: "I want to bring taxes down and I want those tax thresholds to go up so people are not paying so much tax on their income"

Ms Reeves told the BBC: "I want to bring taxes down for working people and for pensioners as well but I will do that in a costed and a funded way and I will do that through growing the economy because that is something the Conservatives haven’t been able to do these last few years.”

 

[Mottie]

its funny how people who don't know how to become wealthy, think its easy.

I know a few people who talk about their 'financial advisors'. They are all pìss poor!

 

[motorbiking]

"Financial Advisors" very good at explaining their fees.. not so good at explaining their strategy and results.

But Reaves' likely hike to CGT will mean more people turn to poor value managed funds, creating wealth for fund managers in order to avoid taxes on their own investment profit taking and management.

 

[Murdochcat]

Conservatives are the party of high tax: from 2019 onwards they put £80b of tax raises in place

Aren’t you glad they did ?

I was

 

[denso13]

Ms Reeves told the BBC: "I want to bring taxes down and I want those tax thresholds to go up so people are not paying so much tax on their income"

Ms Reeves told the BBC: "I want to bring taxes down for working people and for pensioners as well but I will do that in a costed and a funded way and I will do that through growing the economy because that is something the Conservatives haven’t been able to do these last few years.”

No lies then, that's good.

 

[denso13]

I was

I wasn't. I'm not against paying more for some benefit but not for the sake of it.

 

[Murdochcat]

I wasn't. I'm not against paying more for some benefit but not for the sake of it.

So how can you be happy with tax rises then ?

 

[denso13]

So how can you be happy with tax rises then ?

When I can see the benefits of paying more.

 

[motorbiking]

No lies then, that's good.

we'll see.

 

[motorbiking]

When I can see the benefits of paying more.

Given you have previously shared that you do not do a self assessment each year - I think its safe to conclude (assuming you aren't evading taxes) that you are a "working person".

So a more honest answer would be:

When I can see the benefits of others paying more.