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New Tory leader

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  • #1608087
    Avatar photoHe Didnt Like Ground
    Participant
    • Total Posts 9051

    Anyone else looking forward to Truss at the ballot box ….car crash

    Pick 3 on Saturday champion 2025/2026

    #1608089
    Avatar photoWilts
    Participant
    • Total Posts 3290

    Obsession with the leaders – big mistake, come GE time.

    #1608102
    Avatar photoIanDavies
    Blocked
    • Total Posts 12996

    Truss has today launched an entirely meaningless, but very populist attack on France for “appalling” Dover chaos causing a SIX-HOUR “bottleneck” for UK travellers.

    This is very “Borisa” (female Boris) and the sort of thing that will curry favour with many of the Tory membership.

    I just don’t see Sunak doing this kind of stuff.

    Ready For Rishi?

    I’m not sure he’s ready for what it takes to win over Mail-reading Tory members.

    First debate on BBC1 Monday night at 9pm.

    If Truss has any good advisers, she will avoid hard detail on tax cuts, claim the economic growth it will stimulate will ultimately make it self funding, claim Sunak doesn’t really know what “poor” needing help now is and make out he’s not as fiercely patriotic as her either.

    I don’t think Sunak can win this by simply being the more intelligent “adult in the room” with all the numbers at his grasp.

    This isn’t a high-brow university debating society, the Tory Party membership has more Mail mentality members than Telegraph/Times mentality members – he’s got to demonstrate he’s just as populist as her AND smarter to even begin to cut Truss’s gigantic poll lead.

    I am "The Horse Racing Punter" on Facebook
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    #1608104
    moehat
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    • Total Posts 10176

    Coffey as Home Secretary? This is a joke, right? ( bit out of touch today…have been listening to podcasts, mainly ones with Rory Stewart in them so haven’t had the news on…)

    #1608117
    Avatar photoWilts
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    • Total Posts 3290

    Ian said: “Truss has today launched an entirely meaningless, but very populist attack on France for “appalling” Dover chaos causing a SIX-HOUR “bottleneck” for UK travellers.”

    Actually, Ian, the Port of Dover blamed the French early this morning, as the chaos was unfolding. Truss merely followed up hours later, so cant really blame her, as Sunak would’ve known hours before Truss said anything, who the Port of Dover blamed.

    The port’s chief executive has blamed “woefully inadequate” staffing at French immigration controls. 

    #Doug Bannister# told Sky News: “We’ve been let down this morning despite the planning of the last several months to get ready for this day.”

    He warned of “major disruption” at the port, and a critical incident has been declared. 

    # He’s an American with dual citizenship of US and Uk and has 30 years of business management experience.
    He is not the kind of guy to just spout off about another country’s border officials failings.

    #1608119
    Avatar photoIanDavies
    Blocked
    • Total Posts 12996

    I guess what I was trying to say is that Truss was far quicker than Sunak to jump on the populist bandwagon and exploit the situation to her advantage.

    I just don’t think Sunak has that Mail headline-grabbing populist killer instinct.

    I am "The Horse Racing Punter" on Facebook
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    #1608121
    Avatar photoWilts
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    • Total Posts 3290

    “Truss was far quicker than Sunak to jump on the populist bandwagon and exploit the situation to her advantage.”

    Yep, and in the modern-day cut and thrust of UK politics, she outflanked him.

    If Truss does win the ‘popular’ vote (amongst Tory members) she will likely prove a more popular figure nationally (England) than expected, esp amongst ‘Thatcher’s children’.

    #1608122
    Avatar photogamble
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    • Total Posts 5724

    A secular 0.3% of the voting public will decide this.

    6% are under 24-years-old, 36% are aged 25 to 49-years-old, 19% are aged between 50 and 64-years-old, and 39% are over 65
    24% backed Remain in the EU 76% voted leave.

    58% are over 50 ( large majority men and Living in London.)
    Unfortunately for Sunak the majority of this group will not be too inconvenienced by higher than expected interest rate rises, which is Truss’s tax cutting for growth worst by product risk. The oldees may want a big gamble for growth fed up with restraint. Some of this older group are curtain twitchers which may not favour Ready for Rishi.

    If Rishi does not make the apex of the podium my guess is he will not be waiting for a second try – there will be no Arnold…”I’m back ” instead he will terminate himself from politics, and this will happen before December this year when his wife submits her online tax return. Interestingly enough she has stated she intends to pay full UK tax on her foreign earnings but my guess is she has not yet committed and has until the 31st Dec this year to decide. If her husband is PM she will take the approximate 3.4 Millon net loss tax hit.

    As far as her income tax rate with three directorships she will likely be an additional rate tax payer like her husband ie. earning over 150k and her foreign dividend income 11.6 million ( last year ) would be subject to a tax rate of 39.35%. so 4.52 million on 11.6 million divi income. She would be subject to a 10% rate if she kept her non Dom status ( due to an arrangement between British an Indian tax authorities) So she would suffer a net loss of 3.4 million if she gave up her non dom – well worth it if Rishi is PM.
    She came to UK in 2015 so has saved approx 6 x 3.4 million over the period. So around the 20 million the press report. George Osborne introduced a levy of 30k for non doms a year ( which she pays ) this will increase to 60k after 9 years residence – so in 2 years time. (if she keeps her non Dom status) Non Dom status finishes after 15 years but it is possible for non doms to return to their home country for 5 years and then resume residence in the UK and start a fresh 15 year non Dom status period. The Labour party want to reduce this 15 year period. This will all have been discussed in the Sunak household.
    Truss holds the cards at the moment but Rishi will eloquently try to destabilize her on Monday.

    #1608130
    homersimpson
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    • Total Posts 3200

    Very good gamble. Although I think the tax rate will still be 38.1% on her 2021/22 Divi income ;-)

    #1608137
    Avatar photoGladiateur
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    • Total Posts 6592

    I see they’re both banging on about the NHS now.

    That wouldn’t be the same NHS that your party has been deliberately running into the ground for the last twelve years, would it?

    #1608138
    Avatar photoIanDavies
    Blocked
    • Total Posts 12996

    What I find entertaining are the mutual fake accusations of socialism flying around.

    Socialists don’t cut taxes – if anything they raise them, especially for higher earners, spend the revenue raised on public services and they often don’t much care about the public sector borrowing requirement going through the roof either, it’s the kind of Keynesian deficit financing that was brought to a halt by Thatcherite monetarism in the early 1980s.

    Sunak had a lot of public borrowing and spending imposed upon him by the Pandemic – he seems to me to be a Thatcherite monetarist at heart, interest rates below the rate of inflation is the stuff of the out-of-control 1970s and the post-crash qualitative easing era and I suspect Sunak would privately like to get back to a more monetarist policy.

    Truss is simply a right-wing populist – if she even knows that the PSBR is, she cares a lot less about that than she does about tax cuts.

    The trouble with Tory tax cuts is they’re always from the top – the top rate of income tax, corporation tax, etc.

    With the latter the excuse is it’s to encourage investment, but the reality of cutting from the top is the obnoxious “trickle down” effect as most wealthy people, when you allow them to retain even more of their wealth, simply salt most of it away.

    If you cut from the bottom, increasing personal allowances and taking people out of tax altogether, you’re giving money to people who will instantly spend it – the poor are never a bit less poor for long as simply surviving is their daily imperative so consumer spending comes first and any sort of investment/spending comes last.

    Defenders of deficit financing say you borrow in the bad times and pay back in the good times – it evens out the impact of the economic cycle on the average person.

    But we’ve had a lot of bad times borrowing these past few years.

    Sunak knows this – if Truss knows too, she probably doesn’t care.

    Labour usually leave a financial mess for an incoming Tory government to sort out.

    An outgoing Truss Premiership could reverse the trend.

    I am "The Horse Racing Punter" on Facebook
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    #1608143
    clivexx
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    • Total Posts 2702

    Truss did well to get at the French quickly. They are entirely t8 blame and have been continually small minded petty and spiteful since brexit. And no one likes them anyway

    Or more accurately it’s a 1000 year squabble and it’s not as if they never exploit it

    I have little faith in truss but also shouldn’t assume that anyone on the outside knows exactly how good or bad she will be. We don’t

    Liken it to football managers. Every one assumed that tony Adams Gary Neville and Roy Keane would make “great managers” and they were all 24 carat useless. People laughed at the idea of glen hoddle as a top class manager and he most certainly was.

    #1608155
    Avatar photoGladiateur
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    • Total Posts 6592

    “Labour usually leave a financial mess for an incoming Tory government to sort out.”

    Wouldn’t expect such Daily Mail-esque gibberish from you, Chezza.

    https://www.thelondoneconomic.com/business-economics/economics/debunking-the-myth-that-tories-are-better-than-labour-with-the-economy-167680/amp/

    And if, as they are constantly reminding us, the Tories were so good for the economy, why was the country tits-up before Covid and the war in Ukraine could be used as excuses?

    #1608162
    clivexx
    Blocked
    • Total Posts 2702

    ?????

    It wasn’t.

    What a bizarre statement. Near full employment? Growth? Low inflation?

    #1608167
    Avatar photoGladiateur
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    • Total Posts 6592

    It must be wonderful living in your world.

    #1608169
    Avatar photoIanDavies
    Blocked
    • Total Posts 12996

    At least pretending to be objective is an art form some here laudably never even attempt.

    As a centre-left poster I’d rather be accused of falling for right-wing tabloid press rhetoric, than being prey to left-wing ideological dogma.

    My underlying point is – or ought to be – clear: whatever the fiscal record of previous Labour governments, it wouldn’t surprise me if a Truss one was worse.

    Much worse.

    I am "The Horse Racing Punter" on Facebook
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    #1608170
    clivexx
    Blocked
    • Total Posts 2702

    Perhaps if you are going to claim the economy is “tits up” you will counter those salient metrics?

    Otherwise it’s totally meaningless frankly

    Or you can look at a few “socialist” economies for a true picture of total failure

Viewing 17 posts - 715 through 731 (of 1,205 total)
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