Burnham incoming…..insane tax rises incoming. Top rate of invite tax up, CGT up, NI for landlords, a wealth tax, mansion tax changes, IHT changes and now to complete the nonsense they intend to make self employed freelancers, sole traders, landlord etc pay their tax EVERY month. That’s despite the fact they won’t have been pad themselves because invoices often get paid late. And they will base their monthly amounts on LAST years accounts, so if you had a great year last year and a shit year this year you will be massively over paying and HMRC will have YOUR money an only give it back to you at a later date.
It will force those people to hide money, under declare, regard HMRC as the enemy to hide everything from, and I for one will be firmly in that camp. These people are morons who couldn’t run a raffle let alone a business and in my view it’s absolutely deliberate as they HATE the independent, entrepreneurial, self employed, self reliant classes. They want EVERYONE to be employed by big corporations/the state on a purely PAYE basis. It’s ideological warfare. If they want that war then I’d suggest we do everything we can to crash the system entirely.
When it comes to tax in the UK, a lot of people are deluding themselves, thinking the government will just go after the wealthy to pay for the ballooning commitments they’ve made.
The truth is, the real target is the middle class. And the reason is simple. The middle class is the only viable option for the kind of revenue the government wants.
Start with who’s off the table. A third of British adults pay no income tax at all. The bottom half of earners take home about a quarter of the income in this country and pay roughly a tenth of the tax. There’s no pot of gold buried down there, and every party has spent years promising to protect “working people.” Squeezing them is politically radioactive and would raise next to nothing anyway.
The rich are off the table too, whatever the Channel 4 documentaries say. The top 1% already pay 28% of all income tax. Their money is capital, dividends and gains, so they’re mobile, and they’ve already started leaving. One widely quoted forecast has Britain losing half a million millionaires by 2028. Push the rate on these people much higher and you collect less, not more. Threatening them polls brilliantly, but relying on them for a tax bonanza is pure fantasy.
Which leaves the middle class, and the middle class can’t run. Most are on PAYE, taxed at source before the money touches their account. They can’t turn a salary into a capital gain. They can’t declare residency in Monaco, because the job, the kids’ school and the mortgage are all here. Their wealth is a house they can’t hide under the mattress and a pension they can’t reach. Numerous, visible and immobile. The perfect target, and in some ways the only one.
And here’s how it’s already being done. They won’t raise your headline rate of income tax, because they promised not to. But the threshold freeze, the one that sounds like a non-event on Budget day, is quietly hammering you, and it’s now been extended to 2031.
Took out a student loan since 2012? You’ve been paying the graduate tax in all but name. Hold investments outside an ISA? You’ve watched CGT climb to 24%, and it’s likely to be equalised with income tax next. Sent your kids to private school? That’s the VAT charge. Saving into a cash ISA? That shelter just shrank from £20,000 to £12,000. And from 2027, your pension gets pulled into inheritance tax, so the pot you spent a career building can be taxed again on the way out.
There’s more coming. Mansion taxes, higher CGT, property levies, dividends. Most of the taxes we’re told will hit the ultra wealthy will actually land on the middle class. And in most cases they’re not sat on fortunes, they’re sat on assets they spent a working life building.
What’s worse, the burden grows with every Budget, because of the compounding commitments this government keeps making, and that nearly every other party has pledged too.
So who pays for the past, present and future spending of the UK government? The middle class. And there’s not a thing they can do about it. Debt-trapped, stuck in place, with nowhere to turn, and the government knows it.
If any of this resonated, you’re likely in the taxation crosshairs. I wish you luck.
This week could kill Net Zero in the UK. Not immediately – Labour will try to double down, and the policy has many useful idiot fans – but people are about to be battered by a new energy crisis, and will justifiably ask what on Earth their politicians have been playing at.
Lots of teachers are outspoken leftists.
Even if one doesn’t talk about which political party one supports, a teacher’s values influence who our children will be as adults.
No one seems to realise how important schools are to the future of the country. 🥴
Sadly, this sort of story is happening to farming related businesses right across the UK. Over 6,000 farming related businesses have shut since Labour came into power. Many of them have been in business for generations. It’s a terrible situation.
A final piece of advice from Holly Butcher - written the day before she passed away from cancer at just 27:
“It’s a strange thing knowing you’re going to die young.
At 26, I thought I had time…
To fall in love.
Start a family.
Grow old.
But cancer doesn’t care about plans.
Now, I understand how fragile life really is. Every single day is a gift, not a guarantee.
I’m not writing this to scare you. I’m writing to remind you: really live.
Stop stressing over little things. Be kind to your body- move it, nourish it, stop criticizing it. One day you’ll wish you had appreciated it.
Go outside.
Look at the sky.
Feel the sun.
Just be.
Spend less time chasing “stuff” - more time making memories. Don’t skip moments with people you love.
Laugh more.
Write a note.
Tell someone you love them.
Complain less.
Give more.
Helping others brings more joy than anything you can buy.
Be present.
Put your phone down.
Show up - really show up.
You don’t need to have it all figured out. You don’t need a perfect body, or a perfect life.
Just follow what makes your heart light up. Say no to what drains you. Make changes when you need to.
And please - donate blood. I wouldn’t have had that extra year without it. And that year gave me memories I’ll hold close… forever.
Thank you for reading this.
Live your life well.
And maybe… we’ll meet again someday.”
Holly 🩷
Repost & share Holly’s important advice. ❤️
What a disgrace. Ed Miliband came to the House to do a Statement about how vital it was to get to net zero- but when I asked him 3 simple questions, the cost, who’s paying for it & if the UK got to net zero how much it would reduce global temperatures, he couldn’t answer.
Imagine you ran a business and the top 1% of your customers generated 30% of your income.
And then you did everything to make them leave and never come back.
Even though they funded your business, you didn’t like them because they were successful.
So your business went bust.
“We’ve set out a roadmap for farming which has been welcomed by farmers.”
~ Keir Starmer
This is total bullshit. The Labour government’s roadmap for farming hasn’t been welcomed by farmers. It’s been universally condemned.
A great campaign by @Riverford who have teamed up farmers like @jimmysfarm to find out the truth behind unethical pricing and labelling tactics from major supermarkets.
Supermarkets should clearly label the origin & source of food items.
#farmwashing