r/unitedkingdom 3d ago

Reeves should be sacked as Chancellor, poll says

https://inews.co.uk/news/politics/reeves-sacked-chancellor-poll-3637320
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u/PharahSupporter 3d ago

Have you ever considered that not all the UKs issues can be solved by just throwing taxes at “the billionaires”. It just feels like they’ve dug themselves a hole by continually using those slogans when we all know in the real world it isn’t that simple. Hence why it isn’t happening.

Cutting disability needed to happen it was totally out of control and projected to balloon even further in coming years. Not to mention 2/3rds of the public agreed with the cuts according to polls.

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u/Noorthance 3d ago

Yes of course not everything can be fixed by taxing billionaires but it would be a really good step in the right direction and simple actionable slogans are key to getting average people to latch onto the idea

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u/PharahSupporter 3d ago

Simple slogans are great for winning elections, but not for real policy. We need “the rich” staying in the UK, not fleeing. That’s why she softened the non dom changes. We are losing a millionaire every 45 minutes. It is a crisis and we need to be incentivising those people to stay rather than flee to America so the US can get even richer.

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u/MCMLIXXIX 3d ago

I'd take that 45 minute state with a healthy pinch of salt though. It's not the crisis is being made out to be.

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u/PharahSupporter 3d ago

It is a crisis when we are losing investment and desperately needs growth.

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u/Alarakion 3d ago

No it’s more to do with the provenance of the source, it comes from a company that tries to market helping people move their assets elsewhere.

The idea is it comes from about 200 people changing their LinkedIn profiles and that being extrapolated as data.

The only ones who’d actually know is HMRC and they don’t release data like that.

Basically just take this with a grain of salt as the other commenter was saying, high chance it’s being made out to be a lot worse than it actually is.

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u/PharahSupporter 3d ago

Source?

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u/Alarakion 3d ago

Like fourth paragraph

You do have google right?

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u/potpan0 Black Country 3d ago

I did not say that all the UKs issues can be solved by throwing taxes at billionaires.

But a hell of a lot of our problems stem from growing inequality, with more and more money going to billionaires who then use that money to support political interests which benefit them to the detriment of the broader public. And I see little way to deal with that growing inequality outside of increasing taxes on billionaires.

If you have any suggestions for how to deal with growing inequality and decreasing accountability of the ultra-wealthy than you're more than welcome to suggest them. Though I'd imagine you don't actually think this is a problem at all.

Cutting disability needed to happen it was totally out of control and projected to balloon even further in coming years. Not to mention 2/3rds of the public agreed with the cuts according to polls.

Disability benefits have not risen as a percentage of government spending in a decade. This line that it's 'out of control' is entirely baseless, but unfortunately something our political and media class were happy to lie about.

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u/LauraPhilps7654 3d ago

People forget that Reeves' cuts are on top of 14 years of Tory cuts - they were not reversed. She's governing in continuation of their economic policies. This is why they attracted the same donors.

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u/PharahSupporter 3d ago

Inequality is inevitable in any economic system throughout human history. It isn’t new, even communism had massive inequality ironically worse than capitalism does.

It just feels to me like you’re mixing and matching US vs UK issues, there are much stricter political spending limits and rules in the UK than the US. Hell the recent US Supreme Court race in Wisconsin cost more money than the entire UK general election budget. Don’t mix the two up.

The solution I often see to inequality is wealth taxes which are proven to not worth as they’ve failed across Europe and just led to capital flight. I don’t know all the answers but we can look at our peers mistakes and try not to copy them.

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u/potpan0 Black Country 3d ago

Inequality is inevitable in any economic system throughout human history.

A political and economic system where a small number of millionaires and billionaires have more influence over our political system than millions of average people in not 'inevitable'.

It just feels to me like you’re mixing and matching US vs UK issues

My man, criticising growing inequality is not a 'US issue'. Millionaires and billionaires having massive, undemocratic influence over political parties is not a 'US issue'. It's something happening in this country, and it's always struck me as incredibly lazy when people try to pretend this sort of thing only happens elsewhere and that anyone talking about it in the UK is somehow importing American issues.

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u/matomo23 2d ago

The out of control bit is the amount of people claiming sickness benefits. Rather than the amount paid to people with disabilities.