Wes Streeting pledges wealth tax as he prepares for Labour leadership bid
Former health secretary Wes Streeting has set out plans for a wealth tax that would see capital gains tax equalised with income tax.
Mr Streeting, who had made clear he intends to stand in any leadership contest to replace Sir Keir Starmer, said the current system is not fair and penalises work...
Mr Streeting said: “A member of my family is a cleaner in Lancashire. She pays a higher tax rate on her salary than her landlord pays for the growing value of the home she lives in.
“She slogs her guts out, he puts in far less effort, yet the state rewards him more than her.
“And we wonder why people are angry.
Wes comes across as being just as unreliable as Starmer but more creepy. That took some doing, even for an ambitious politician.
6 comments:
Potential contenders are playing to their audience in the Labour Party. Which enables us outsiders to see how greedy and dysfunctional the Labour Party is. They clearly don't want anybody outside their Party to have any uncontrolled money.
I've often argued we should defund the BBC. Perhaps we should also defund...
DJ - yes it does show us how greedy and dysfunctional the Labour Party is. Also how low MPs such as Streeting are prepared to go when fostering cultural spite and class warfare.
What makes this person angry, is people in Government coming out with economically illiterate crap like that
Bucko - and he must know it's economically illiterate crap, but many voters will like it and he knows that too. Gutter economics.
If that member of his family has a landlord, it suggests they are renting a property owned by that landlord. So, if the boiler breaks down, who pays for the new one? Who pays for the buildings insurance? If the tenant gets drunk and kicks the front door in, who pays for the new one? Who loses out if the tenant stops paying rent? Who has to pay tax on rental income?Streeting is a Moron.
Penseivat
Penseivat - that's it, Streeting is pushing a false image of what the deal is between landlord and tenant.
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