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‘Form of Socialism’ – Millions Face 60 Per Cent Tax Rate, But Govt Worker Pensions Set to Soar
Breitbart ^ | 11/19/2022 | Kurt Zindulka

Posted on 11/19/2022 8:03:57 AM PST by ChicagoConservative27

Two million British workers face the prospect of paying 60 per cent of their income to the government in taxes as a result of the latest round of hikes by the supposedly conservative government which is also splashing out billions more on state employees’ pensions.

This week, Chancellor Jeremy Hunt, an anti-Brexit holdover from the David Cameron era who played the pivotal role in ousting Liz Truss and installing Rishi Sunak as Prime Minister, announced that he would be increasing taxes by another £24 billion, taking the tax burden to its highest level since the Second World War.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Government
KEYWORDS: pensions; socialism; tax; worker
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UK is toast. Tories are going to get blown out that next election.
1 posted on 11/19/2022 8:03:57 AM PST by ChicagoConservative27
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To: ChicagoConservative27

the WEF globalists own the tories and labour

uk will circle the bowl


2 posted on 11/19/2022 8:07:29 AM PST by joshua c (to disrupt the system, we must disrupt our lives, cut the cable tv)
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To: ChicagoConservative27

High tax burden and highest energy and everything else prices, while seemingly increasing the budget and welcoming more immigrants to take welfare and jobs away?

What is possibly good from this disgusting situation?


3 posted on 11/19/2022 8:07:56 AM PST by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: ChicagoConservative27

Don’t forget that the United Kingdom Tories are also dishing out billions in aid to Muslim illegal aliens.


4 posted on 11/19/2022 8:11:15 AM PST by MeganC (There is nothing feminine about feminism. )
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To: ChicagoConservative27

“Hunt’s wife, Lucia Guo, comes from Xi’an in China. Hunt first met Guo in 2008, when she was working at Warwick University recruiting Chinese students for the university”

All ya need to know about the “Tories”.

The guy is a paid lackey of the WEF/Globalist gangsters. He gets Sunak in as PM of England? Sunak is the End of England.


5 posted on 11/19/2022 8:12:11 AM PST by Regulator (It's fraud, Jim)
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To: ChicagoConservative27

6 posted on 11/19/2022 8:15:25 AM PST by Leaning Right (The steal is real.)
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To: Leaning Right

Hate to see it go down.


7 posted on 11/19/2022 8:25:13 AM PST by wally_bert (I cannot be sure for certain, but in my personal opinion I am certain that I am not sure.)
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To: wally_bert

> Hate to see it go down. <

The UK is suffering from what I’ll call the Roman Empire disease. The Romans got to the point where they felt that their empire just couldn’t fall. It was impossible! So there was need to take any corrective measures. And we all know how that turned out.

The US is infected with that same disease, by the way.

Side point: I wish I could say I came up with that theory all in my own. But it actually came from an article on the Roman Empire I read years ago.


8 posted on 11/19/2022 8:34:37 AM PST by Leaning Right (The steal is real.)
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To: ChicagoConservative27
While in the U.S. we have Gov't employee Unions who get to sit on both sides of the negotiating table, to decide how much tax payer money to allocate themselves.

In Colorado, State employees can retire at 50 at 90% of their salary.

And at least for a time, they could "buy" more equivalent years of service.

So, they take a private sector job at equal or higher pay and spend the next 15 years raking in twice their prior gross income.....

9 posted on 11/19/2022 8:43:21 AM PST by G Larry ( "woke" means 'stupid enough to fall for the promotion of every human weakness into a virtue')
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To: ChicagoConservative27

Bob Dole once said something intelligent: “Republicans finally get elected and we become the tax collector for the Democrats.”


10 posted on 11/19/2022 9:13:47 AM PST by oldplayer
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
This week, Chancellor Jeremy Hunt, an anti-Brexit holdover from the David Cameron era who played the pivotal role in ousting Liz Truss and installing Rishi Sunak as Prime Minister, announced that he would be increasing taxes by another £24 billion, taking the tax burden to its highest level since the Second World War.
It's a winner for Hunt and Sunak -- no one will believe (nor should they) that Labour is going to be a better deal when it comes to taxes.

11 posted on 11/19/2022 9:17:44 AM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: oldplayer

Actually it was Newt Gingrich who called Bob Dole “the tax collector for the welfare state.” Dole was a real cross-the-aisle type republican who never missed a chance to help.


12 posted on 11/19/2022 9:20:32 AM PST by hinckley buzzard ( Resist the narrative )
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To: ChicagoConservative27

It’s not a form of Socialism, IT IS SOCIALISM.
The article talks as if only the two million higher earners will be paying 60% tax. Truth is, nearly all workers already pay more than that:
Employer National Insurance rate: 13.8%
Employee’s National Insurance rate: 12.00%
Income Tax Basic Rate: 20%
Value Added Tax on what’s left in your pocket on what you buy to keep alive (most things except food and some energy): 20%


13 posted on 11/19/2022 9:21:31 AM PST by Mr Radical (In times of universal deceit, telling the truth is a revolutionary act.)
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To: ChicagoConservative27

Dear UK - You need a new political party — about 20 years ago.


14 posted on 11/19/2022 9:23:37 AM PST by Antoninus (Republicans are all honorable men.)
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To: Mr Radical

There’s a bumper sticker

“If voting could really change anything,
It would be illegal too.”

The Brits need a Tory party which actually looked after the interests of private sector workers. Not what they have.


15 posted on 11/19/2022 9:26:45 AM PST by SauronOfMordor (The rot of all principle begins with a single compromise.)
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To: hinckley buzzard

“Actually it was Newt Gingrich who called Bob Dole “the tax collector for the welfare state.” Dole was a real cross-the-aisle type republican who never missed a chance to help.”
___________________________________________________________

Thanks, for the clarification - I would hate to give Dole undue credit.

Regardless of who said it, unfortunately that is the way it seems to work out. Just try fixing the “Ag Dept.” budget to rein in food stamps and give-away programs, or try to mildly adjust Social Security or more importantly SSI payments, and listen to the howls fdom the socialists and the media.


16 posted on 11/19/2022 9:32:46 AM PST by oldplayer
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To: ChicagoConservative27

Government have been screwing their own people over for hundreds of years...


17 posted on 11/19/2022 10:25:00 AM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: ChicagoConservative27

But there’s always enough for third world invaders because “diversity is our greatest strength”.


18 posted on 11/19/2022 12:28:15 PM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: ChicagoConservative27

Imagine it’s Monday, 6:00 a.m., cold, rainy, cloudy, dreary and you wake up in London, England.

Your electric bill came in the mail Friday and is .40 cents per square foot (about $600.00).

And you remind yourself, as your feet hit the floor, that this
day your work ALL DAY (Monday) will be taken by the government and given to some bum who won’t work. Same thing Tuesday. Same thing Wednesday.

Finally, you get to Thursday but realize that that days must be dedicated to paying the electric bill.

So, finally, Friday you get to work for yourself but that is the day you go to the grocery store.

Suicide crosses your mind....................


19 posted on 11/19/2022 1:47:57 PM PST by Cen-Tejas
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To: Leaning Right

Horse face king Charles is a globalists helping to flush the toilet


20 posted on 11/19/2022 1:49:09 PM PST by ronnie raygun
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