The media scrutiny of Reeves Budget

The amount the right wing gutter press and wealthy individuals are moaning suggests they've done something right with this budget.

Although I think many of us would have liked to see them go quite a bit further in targeting the mega rich and in terms of spending.

No doubt a lot of the OTT sensationalist headlines are aimed at making sure they don't go further in the future.
 
festa5 said:
The amount the right wing gutter press and wealthy individuals are moaning suggests they've done something right with this budget.

Although I think many of us would have liked to see them go quite a bit further in targeting the mega rich and in terms of spending.

No doubt a lot of the OTT sensationalist headlines are aimed at making sure they don't go further in the future.
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Agree, not hard enough on the wealthy, but a start.
 
festa5 said:
The amount the right wing gutter press and wealthy individuals are moaning suggests they've done something right with this budget.

Although I think many of us would have liked to see them go quite a bit further in targeting the mega rich and in terms of spending.

No doubt a lot of the OTT sensationalist headlines are aimed at making sure they don't go further in the future.
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Reeves will almost certainly go further next autumn.
 
What I would say is that the news papers didn't really go beyond the tax/spend narrative on their front pages.

Plenty of talking heads, of course, but that's the same after every budget. It's a talking point.
 
Laughing said:
What I would say is that the news papers didn't really go beyond the tax/spend narrative on their front pages.

Plenty of talking heads, of course, but that's the same after every budget. It's a talking point.
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I think the right wing media are struggling with the narrative, throwing a few headlines around hoping something will stick.

Labour winning a massive majority was not on their agenda, I think it surprised them despite the opinion polls in the run up.

And now they have got themselves a wealth redistribution budget which actually only really adversely affects a relatively small number of wealthy people.

It’s a nightmare for them.
 
HolgateCorner said:
I think the right wing media are struggling with the narrative, throwing a few headlines around hoping something will stick.

Labour winning a massive majority was not on their agenda, I think it surprised them despite the opinion polls in the run up.

And now they have got themselves a wealth redistribution budget which actually only really adversely affects a relatively small number of wealthy people.

It’s a nightmare for them.
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I'll make this short, yup.
 
HolgateCorner said:
I think that’s true but Labour only get elected when they are middle ground.
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When we live in a two party state this all that happens. The middle ground is the status quo. Limited movement up/down right/left. Nothing really changes. Absolutely ruled by the markets, and that really is the system which will always be self fulfilling. It was like this when we were born and it will remain the same when we die. First Passed The Post. Two cheeks of the aärse.
A complete joke, yet we continue to put up with it. The joys of living in the most politically ignorant electorate in Europe. We have forgotten that. “We are many and they are few”
PR is complicated….but at least more democratic.
 
Ziggy said:
When we live in a two party state this all that happens. The middle ground is the status quo. Limited movement up/down right/left. Nothing really changes. Absolutely ruled by the markets, and that really is the system which will always be self fulfilling. It was like this when we were born and it will remain the same when we die. First Passed The Post. Two cheeks of the aärse.
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Did you bother to look at the budget?
 
First budget by Labour for 14 years so its always going to get media attention, no different to other budgets in the past its just new for the media. I dont think its been particularly negative following the announcements although it often takes a couple of weeks before the analysts crunch the numbers.
 
HolgateCorner said:
I think the right wing media are struggling with the narrative, throwing a few headlines around hoping something will stick.

Labour winning a massive majority was not on their agenda, I think it surprised them despite the opinion polls in the run up.

And now they have got themselves a wealth redistribution budget which actually only really adversely affects a relatively small number of wealthy people.

It’s a nightmare for them.
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The main effects on individuals (outside of the NI rise which is a different argument as it's hard to ascertain if higher wages will equal higher productivity) are on people who want to buy a second home, people who have made enough money to pay capital gains tax, and people who inherit a private pension. It's hard to argue that anyone in those categories can't afford to pay a little more tax.
 
I think the inheritance tax on farms and businesses valued at over 1 million is absurd tbh and does lower the incentive to build up something
 
GingerTravel said:
The main effects on individuals (outside of the NI rise which is a different argument as it's hard to ascertain if higher wages will equal higher productivity) are on people who want to buy a second home, people who have made enough money to pay capital gains tax, and people who inherit a private pension. It's hard to argue that anyone in those categories can't afford to pay a little more tax.
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Higher wages are nothing to do with productivity. It's about paying someone their worth to the business and not expecting the tax payer to subsidise salaries.
 
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