Dan Tusenton

[Dan Tusenton @DTusenton]

@BorisJohnson A society with vaccine passports isn’t a return to true freedom. It’s discrimination, coercion and immoral

[Dan Tusenton @DTusenton]

@DuxVul Most are in shit default funds that will never see meaningful growth

[Dan Tusenton @DTusenton]

@wesstreeting Only works if you’re brining back indexation allowance to account for inflation

[Dan Tusenton @DTusenton]

@Steven_Swinford When the Tories cut the threshold, CGT receipts fell.

Increasing the rates will also see reduced receipts

[Dan Tusenton @DTusenton]

@LBC @TomSwarbrick1 Those who do the right thing and build up a decent pot will get taxed to the hilt, whilst those who don’t bother to save will be looked after anyway

[Dan Tusenton @DTusenton]

@AaronBastani Credit to Reform for bravely speaking out in favour of the uniparty position of Luxury Boomer Welfarism

[Dan Tusenton @DTusenton]

@gr72020771 @SandyofSuffolk @stephenpollard You get those credits if you’re on Jobseeker’s Allowance, or raise the kids as a stay at home parent.

So, it’s not ‘paid in’

[Dan Tusenton @DTusenton]

@DeBarsham @emperorofhind @ReemAmirIbrahim Equity release, obviously.

[Dan Tusenton @DTusenton]

@PolitlcsUK Happy weekend!

[Dan Tusenton @DTusenton]

@wittgenfrog @paullewismoney If a doctor does extra shifts at £100k they’ll be taxed at 71% marginal rates, and that’s before pension deduction

It makes sense to not take extra shifts and keep below £100k and spend that time with their family when the same shift earlier in the week had a higher net pay rate

[Dan Tusenton @DTusenton]

@LBC He doesn’t believe in anything and relies entirely on legal framework.

We saw this when he could only conclude on the definition of a woman once the Supreme Court had given their verdict.

[Dan Tusenton @DTusenton]

@DanNeidle @timleunig @Simon_Nixon There’s never any easy answers, but just seems like the current system doesn’t work for graduates, the government, universities or even the taxpayer.

It’s all a bit of a mess.

[Dan Tusenton @DTusenton]

@MerrynSW Perhaps we should start with trying to retain our own talent, who are fleeing in record numbers…

[Dan Tusenton @DTusenton]

@DanNeidle @timleunig @Simon_Nixon Has Tax Policy Associates looked into potential reforms of the student loan system?

I’ve seen proposals of a flat 1 or 2% graduate tax on all earnings suggested as a means of removing the 50%+ marginal rates that we have in the current system.

[Dan Tusenton @DTusenton]

@LBC @TomSwarbrick1 The smart choice is not to earn under the threshold but instead to leave the UK.

An FOI request showed that the student loans company has never successfully taken legal action against a graduate abroad to enforce repayments.

[Dan Tusenton @DTusenton]

@ShehabKhan Young people are less likely to vote so are treated like cannon-fodder by governments.

[Dan Tusenton @DTusenton]

@newjez @LBC @NickFerrariLBC I’m sure it won’t be long until salary sacrifice is watered down or cancelled, which would be my cue to move abroad.

They’ve already started tinkering with ISAs.

The middle classes taking the brunt of the pain as usual.

[Dan Tusenton @DTusenton]

@paullewismoney Fiscal drag via income tax is wrong and immoral, however we know tax is variable and no one signs a contract for income tax or NI thresholds.

This is the key distinction with the student loans thresholds, for which we did sign a contract.

[Dan Tusenton @DTusenton]

@DavidW63 @paullewismoney I agree the 9% is fair, as unlike the government, I believe the original terms of a contract should be honoured.

But as say, if the threshold had risen with average earnings, it would be nearer £40k, which would materially reduce monthly repayments.