That is correct. They might work, but in context they are not “working people”
Here “working people” is synonymous with “working class”. Thus, not landlords and shareholders obviously
I’m curious about your definition of shareholder; what if I owe £80 worth of fractional shares in an app-based investment service? Does that make me a shareholder?
Then your income wouldn’t be affected in any real way by raising taxes on those shares and getting cross that Starmer taxing unearned income is affecting you badly is bothincorrect and missing the point.
Starmer is raising tax on unearned income instead of working people’s taxes, which is very fair for a change, and you’re splitting hairs over definitions of who counts as workers. You’re so missing the point.
I agree with everything you’ve said.
I think if Starmer said “we aren’t going to raise tax on personal income, but on capital gains” he wouldn’t have to tie himself in knots trying to define “working people”.
I’m not trying to split hairs; it’s Starmer (who I, for clarity, support) that’s refused to be clearer about what he intends to do and ends up having everyone debate what “working people” means.
The challenge is that they clearly want some kind of threshold where personal income is also additionally taxed, and that’s when “working people” becomes a weird “I’ll know it when I see it” debate.
FWIW, I’m in the highest tax band and I support raising the highest tax band AND raising capital gains tax. It’s not Labour’s intent I disagree with, it’s their crappy own-goal communication style.
Based from Starmer there.
Landlords and shareholders aren’t working people.
Okay, so (hypothetically) I can be working for 50 hours a week to make ends meet. If I put any little savings I have from time to time into stock, I am not working people anymore? Just because I want to be financially responsible?
By your definition I should be called a footballer because I play football once a week casually. Ignore the 50 plus hour weeks of my actual job. I got $50 from football as season champions (it’s a gift card, for the bar, at the place I play). I better go update my linkedin!
You’re funny, good one.
What are you talking about? This is exactly what Keir Starmer is saying and is what I am calling stupid.
This isn’t hard to understand.
Owning stock doesn’t make you a worker. Being a landlord doesn’t make you a worker.
If you work on top of the above, you are a worker. If you do not, you aren’t.
There’s a big difference between “a landlord isn’t a worker” and “a landlord cannot be a worker.”
An absolutely based comment from Starmer.
I agree with you, but that’s not what Keir Starmer said. His spokesperson recanted it, but what he said originally was stupid.
you’ll put those savings into a stocks and shares ISA where any gains from stocks are tax free guaranteed.
If you have more than £20k a year to put away into stocks and shares then yeah you need to pay some tax bruv.
That’s not what Keir said originally, he said people who own any stock should be excluded from “working people”. Then people got (rightfully) mad and his spokesperson had to recant for him.
Truth hurts I guess.
Comrade Starmer lmao
He’s right though. I’d very much like a PM to take a hard line on these chuckle fucks.
He definitely is. It’s refreshing to finally even hear this sentiment from our government. However it’s just words, hopefully we start seeing some positive changes in the rental and housing market.
Very small scale landlords are often working people, and lots of working people own shares. That said, the bigger landowners and stock holders are much less likely to be working people. Those fuckers contribute nothing of value to society.
That may be the first thing he said that I agree with him on ever.
