Looks like the Harris team are going to miss out on this opportunity, unless she turns up in Austin today. Rogan’s been quite clear that the door is open to her any time.
Harris is not going to do it; the messaging can't be managed. It is too high risk.
The interview (with Vance) is well worth watching. I listened to an hour yesterday (it is over 3 hours long). It is a very interesting discussion where he seems to just explain his personal views on a lot of contentious issues, which seems to align with the message of the Trump campaign, but would never in any other electoral context be possible. IE you could create an unlimited amount of 'evidence' demonstrating that he is 'transphobic' from the discussion, if that was your agenda; but it won't matter because the Trump campaign seems to defy all known political 'rules'. He comes across as being very assured of his views - his style is very much to invite you to agree with him, rather than reaching out to his opponents, again something that goes against all political norms.
The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
Ive noticed in the last two weeks or so people Im talking to go off on one when talking about the public sector. Usually comments on Im getting whacked with tax while that lot with their big pensions and salaries arent doing anything to earn it.
We could be seeing a new dividing line in politics
FPT The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
Does anyone actually believe Trump, who bankrupted his own business multiple times and spends his moments babbling inanely about sharks, is either competent or smart?
The public sector is not all roses. For example, young doctors have to pay for their own exams to progress and are not exactly offered much support to progress. That would be unheard of in the professional private sector. Other examples are teachers buying food and stationary for their classes and being unable to expense.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Closing the mines was a good economic policy, so the Telegraph is saying Starmer/Reeves are the new Thatcher?
Ive noticed in the last two weeks or so people Im talking to go off on one when talking about the public sector. Usually comments on Im getting whacked with tax while that lot with their big pensions and salaries arent doing anything to earn it.
We could be seeing a new dividing line in politics
I have worked in the public sector for most of my career. With a few very rare exceptions my colleagues are severely deluded about how good their position is. As well as the defined benefit pensions the working conditions are unachievable in any other sector. The delusion is sustained by misinformation about the private sector and the 'large bonuses' that private sector workers apparently get.
The thing that is truly mystifying is that, despite this, the public sector cannot recruit. For example, in my own field - planning, there is an abundance of jobs paying circa £30k that require no experience (although you have to go through training) and which cannot be filled despite multiple attempts.
FPT The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
Does anyone actually believe Trump, who bankrupted his own business multiple times and spends his moments babbling inanely about sharks, is either competent or smart?
I mean - seriously?
I'm sure people believe it. People can believe all sorts of tosh when it suits them.
FPT The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
Does anyone actually believe Trump, who bankrupted his own business multiple times and spends his moments babbling inanely about sharks, is either competent or smart?
I mean - seriously?
Trump is considered smart by people who don't know a lot of smart people. Unfortunately, many US voters fall into this category.
Looks like the Harris team are going to miss out on this opportunity, unless she turns up in Austin today. Rogan’s been quite clear that the door is open to her any time.
Harris is not going to do it; the messaging can't be managed. It is too high risk.
The interview (with Vance) is well worth watching. I listened to an hour yesterday (it is over 3 hours long). It is a very interesting discussion where he seems to just explain his personal views on a lot of contentious issues, which seems to align with the message of the Trump campaign, but would never in any other electoral context be possible. IE you could create an unlimited amount of 'evidence' demonstrating that he is 'transphobic' from the discussion, if that was your agenda; but it won't matter because the Trump campaign seems to defy all known political 'rules'. He comes across as being very assured of his views - his style is very much to invite you to agree with him, rather than reaching out to his opponents, again something that goes against all political norms.
The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
I can't think of many subjects I am less interested in than trans-rights. I think - in general - trans people get more than their fair share of abuse. But I am also extremely sceptical of surgical interventions for minors.
But you know what? If someone says "please use the following pronoun for me", I'll say "yes, of course", because that is basic human courtesy.
ANYWAY.
I agree that is the Trump-Vance pitch. That the country is a mess and only they can sort it out.
In other words, they want to "Take America Back".
America has 300 million people and they all need to live together. That means letting people in cities have liberal policies on abortion and trans rights. And it means letting people in Utah have the opposite. And it means allowing people to vote with their feet in live in states which suit their worldview.
I've said it before, but the idea that there is some kind of victory where opposing voices are silenced is a complete chimera that can only end in civil war.
We all need to remember we need to live together. We need to remember that - even if we disagree with people - then they are still people with just as many rights as us.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
IHT magically perturbs large numbers of people who will never be affected by it.
FPT The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
Does anyone actually believe Trump, who bankrupted his own business multiple times and spends his moments babbling inanely about sharks, is either competent or smart?
I mean - seriously?
Donald Trump is no idiot - or certainly was no idiot when he was younger.
But he is also a man who rewards people who tell him what he wants to hear. He's fallen into the same trap as so many successful people of thinking himself so smart, that anyone who disagrees with him is an idiot.
Success fucks people up.
Look at Elon and Tesla.
Tesla in 2016 was a bonkers fractious company. Musk said one thing. The engineers another. They'd argue. Musk would threaten to write the code himself. Then he'd come groveling to an engineer a few hours later.
Tesla in 2024 is "Elon's way or the highway". You disagree with Elon now, and you're out of a job.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
FPT The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
Does anyone actually believe Trump, who bankrupted his own business multiple times and spends his moments babbling inanely about sharks, is either competent or smart?
I mean - seriously?
Trump is considered smart by people who don't know a lot of smart people. Unfortunately, many US voters fall into this category.
Cunning. Bullying. Capable of spinning failure as success. Suckering people into giving him finance and other resource, largely by leveraging family wealth. Criminal convictions and/or ongoing proceedings that don't seem to have consequences. Given a platform by the media and anything they say is treated as important.
Describes both Musk and Trump and, sadly, a lot of people see that as clever.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
A farmer isn’t necessarily an expert on tax policy
FPT The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
Does anyone actually believe Trump, who bankrupted his own business multiple times and spends his moments babbling inanely about sharks, is either competent or smart?
I mean - seriously?
Donald Trump is no idiot - or certainly was no idiot when he was younger.
But he is also a man who rewards people who tell him what he wants to hear. He's fallen into the same trap as so many successful people of thinking himself so smart, that anyone who disagrees with him is an idiot.
Success fucks people up.
Look at Elon and Tesla.
Tesla in 2016 was a bonkers fractious company. Musk said one thing. The engineers another. They'd argue. Musk would threaten to write the code himself. Then he'd come groveling to an engineer a few hours later.
Tesla in 2024 is "Elon's way or the highway". You disagree with Elon now, and you're out of a job.
That doesn't sound a good long-term prospect to me.
And I thought Tesla overvalued as a company anyway.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
A farmer isn’t necessarily an expert on tax policy
The issue on tax is how people will behave. Townies have no idea of how people in the country think.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
A farmer isn’t necessarily an expert on tax policy
The issue on tax is how people will behave. Townies have no idea of how people in the country think.
So what? It isn’t the governments job to handhold every failure to plan for the future
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
A farmer isn’t necessarily an expert on tax policy
The issue on tax is how people will behave. Townies have no idea of how people in the country think.
So what? It isn’t the governments job to handhold every failure to plan for the future
A simple way to define the election: Harris's DNC want to protect people's rights. The right to choose, the right to privacy, the right to exist Trump's RNC want to remove people's rights. What they think is what all Americans should think, and if they don't they must be commie or psychotic.
The Trump offer truly is the Leopards' Eating Faces Party. They want to impose restrictions on what you do in your own home with your own body, but no no, they're actually only going to do that to the Bad People.
We will see how this plays out. I still think a Harris win, sadly followed by increasing protests, with a serious risk of those becoming violent & armed.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
A farmer isn’t necessarily an expert on tax policy
The issue on tax is how people will behave. Townies have no idea of how people in the country think.
So what? It isn’t the governments job to handhold every failure to plan for the future
Well there gors the NHS.
Are you really comparing socialised medicine to a farmers ability to pass on £1m worth of assets tax free to their kids?
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
A farmer isn’t necessarily an expert on tax policy
The issue on tax is how people will behave. Townies have no idea of how people in the country think.
Farmers aren't the brightest bulbs in the chandelier, I mean they thought Brexit would be a good idea despite all the evidence to the contrary.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Though I thought this interesting:
"“Farmers,” Clarkson said on the X social network, “I know that you have been shafted today. But please don’t despair. Just look after yourselves for five short years and this shower will be gone.”
Yet Clarkson himself – or rather the prospective beneficiaries of his estate – may be among those “shafted”. Clarkson has previously said that he bought his 126-hectare (312-acre), £4.25m farm, Diddly Squat, in order to avoid inheritance tax on his estate. In a 2021 interview with The Times Clarkson said that avoiding inheritance tax was “the critical thing” in his decision to buy the farm."
And later in the same article:
"only 44% of the individuals who gained agricultural relief had received any trading income from agriculture at any point in the five years prior to death. It is “not the classic working farmers” who will bear the brunt of the changes, he argued. The change could help cool the rural property market because fewer people will buy a field as inheritance tax dodges"
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Though I thought this interesting:
"“Farmers,” Clarkson said on the X social network, “I know that you have been shafted today. But please don’t despair. Just look after yourselves for five short years and this shower will be gone.”
Yet Clarkson himself – or rather the prospective beneficiaries of his estate – may be among those “shafted”. Clarkson has previously said that he bought his 126-hectare (312-acre), £4.25m farm, Diddly Squat, in order to avoid inheritance tax on his estate. In a 2021 interview with The Times Clarkson said that avoiding inheritance tax was “the critical thing” in his decision to buy the farm."
And later in the same article:
"only 44% of the individuals who gained agricultural relief had received any trading income from agriculture at any point in the five years prior to death. It is “not the classic working farmers” who will bear the brunt of the changes, he argued. The change could help cool the rural property market because fewer people will buy a field as inheritance tax dodges"
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
A farmer isn’t necessarily an expert on tax policy
The issue on tax is how people will behave. Townies have no idea of how people in the country think.
So what? It isn’t the governments job to handhold every failure to plan for the future
Well there gors the NHS.
Are you really comparing socialised medicine to a farmers ability to pass on £1m worth of assets tax free to their kids?
Of course you eaisied the issue of failing organisatuions and the NHS is currently a failure. Even the Health Secretary says so,
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
Slight problem Dan Niedle leaves in rural Norfolk - he retired during Covid and posts about Tax as almost a hobby..
There’s a lot of evidence of both turnout being higher among women than men, and of sex-based polarisation in the past few years, with women trending more left and men more right.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment. Growth in this context just means you don’t want to pay more tax.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
A farmer isn’t necessarily an expert on tax policy
The issue on tax is how people will behave. Townies have no idea of how people in the country think.
Farmers aren't the brightest bulbs in the chandelier, I mean they thought Brexit would be a good idea despite all the evidence to the contrary.
Lola farmer would beat you hands down in a negotiation.
FPT The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
Does anyone actually believe Trump, who bankrupted his own business multiple times and spends his moments babbling inanely about sharks, is either competent or smart?
I mean - seriously?
Donald Trump is no idiot - or certainly was no idiot when he was younger.
But he is also a man who rewards people who tell him what he wants to hear. He's fallen into the same trap as so many successful people of thinking himself so smart, that anyone who disagrees with him is an idiot.
Success fucks people up.
Look at Elon and Tesla.
Tesla in 2016 was a bonkers fractious company. Musk said one thing. The engineers another. They'd argue. Musk would threaten to write the code himself. Then he'd come groveling to an engineer a few hours later.
Tesla in 2024 is "Elon's way or the highway". You disagree with Elon now, and you're out of a job.
That doesn't sound a good long-term prospect to me.
And I thought Tesla overvalued as a company anyway.
This is the year that BYD beat Tesla for sales for the first time:
Maris poll just out good for Harris but it is worth looking at some of the detail: This is for Michigan where Harris is +3
Harris +6 among independents, -3 among white voters, +50 among black voters, +11 among women, -6 among men, 63% of those who already voted support her; Gen X, Z (and millenials), and Baby Boomers support her 53%, Silent Generation supports Trump 51%
50% of likely voters have already voted; 15% plan to vote early; 35% on election day.
Harris only -3 on who would handle immigration best; -1 on the economy; +18 on abortion.
There is usually a gap between men and women but in this election it is extreme and the obvious reason is that +18 on abortion for Harris. Its interesting that the economy, once Trump's strongest point, is now a draw. I am surprised that immigration is as close as that, I do not think that would be the case in more southern states.
Personally I find it hilarious that a policy Trump never seemed to believe in but which he delivered to his evangelical supporters may well cost him this election.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment.
Yes, which is why we should cut current spending and divert funds to infrastructure. Reform taxes alone and we'll not kill off growth.
Ive noticed in the last two weeks or so people Im talking to go off on one when talking about the public sector. Usually comments on Im getting whacked with tax while that lot with their big pensions and salaries arent doing anything to earn it.
We could be seeing a new dividing line in politics
Oddly enough this happened to me yesterday when I Was talking to one of the young engineers about the budget. Not happy.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment.
Yes, which is why we should cut current spending and divert funds to infrastructure. Reform taxes alone and we'll not kill off growth.
The magical “cut spending” and “growth” which means fuck all without detailing what you’d cut and who and what the effects would be - exactly what you’re complaining about now in fact.
You talk about magical NHS and public sector efficiency gains but why can’t your SME make similar gains?
Ive noticed in the last two weeks or so people Im talking to go off on one when talking about the public sector. Usually comments on Im getting whacked with tax while that lot with their big pensions and salaries arent doing anything to earn it.
We could be seeing a new dividing line in politics
Oddly enough this happened to me yesterday when I Was talking to one of the young engineers about the budget. Not happy.
THe thing that hits me is people just volunteer the opinions you dont need to prompt them
FPT The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
Does anyone actually believe Trump, who bankrupted his own business multiple times and spends his moments babbling inanely about sharks, is either competent or smart?
I mean - seriously?
Donald Trump is no idiot - or certainly was no idiot when he was younger.
But he is also a man who rewards people who tell him what he wants to hear. He's fallen into the same trap as so many successful people of thinking himself so smart, that anyone who disagrees with him is an idiot.
Success fucks people up.
Look at Elon and Tesla.
Tesla in 2016 was a bonkers fractious company. Musk said one thing. The engineers another. They'd argue. Musk would threaten to write the code himself. Then he'd come groveling to an engineer a few hours later.
Tesla in 2024 is "Elon's way or the highway". You disagree with Elon now, and you're out of a job.
And that attitude, essentially, is what Trump's GOP wants to bring to politics.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment.
Yes, which is why we should cut current spending and divert funds to infrastructure. Reform taxes alone and we'll not kill off growth.
But doing that requires:
a) economic knowledge b) logical thought c) a perspective longer than a few news cycles d) a lack of social envy
So you can see why the current government will never do it.
FPT The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
Does anyone actually believe Trump, who bankrupted his own business multiple times and spends his moments babbling inanely about sharks, is either competent or smart?
I mean - seriously?
Donald Trump is no idiot - or certainly was no idiot when he was younger.
But he is also a man who rewards people who tell him what he wants to hear. He's fallen into the same trap as so many successful people of thinking himself so smart, that anyone who disagrees with him is an idiot.
Success fucks people up.
Look at Elon and Tesla.
Tesla in 2016 was a bonkers fractious company. Musk said one thing. The engineers another. They'd argue. Musk would threaten to write the code himself. Then he'd come groveling to an engineer a few hours later.
Tesla in 2024 is "Elon's way or the highway". You disagree with Elon now, and you're out of a job.
That doesn't sound a good long-term prospect to me.
And I thought Tesla overvalued as a company anyway.
This is the year that BYD beat Tesla for sales for the first time:
In my part of the world the Chinese cars are absolutely everywhere, and it’s all happened in the last two years. They’re good enough for most people who just want transport, and are about 20% cheaper than the Korean cars.
As has been discussed ad nauseam, it’s a big dilemma for Western nations when they want everyone to buy EVs, but the Chinese EVs are way cheaper than the locally-made cars.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment.
Yes, which is why we should cut current spending and divert funds to infrastructure. Reform taxes alone and we'll not kill off growth.
But doing that requires:
a) economic knowledge b) logical thought c) a perspective longer than a few news cycles d) a lack of social envy
So you can see why the current government will never do it.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment.
Yes, which is why we should cut current spending and divert funds to infrastructure. Reform taxes alone and we'll not kill off growth.
The magical “cut spending” and “growth” which means fuck all without detailing what you’d cut and who and what the effects would be - exactly what you’re complaining about now in fact.
You talk about magical NHS and public sector efficiency gains but why can’t your SME make similar gains?
Our SME does it every year. It' why our VAPE is on the up. It will probably take us a couple of years to claw this back. The NHS will simply swallow the money as its productivity falls over the next 5 years.
On farmers and IHT: I think there's a legitimate fear over the threshold coming down (most likely by fiscal drag reducing the threshold in real terms year-on-year while the actual threshold remains the same). Farmers provide the most basic of essentials for society and are already subject to a huge amount of stress.
If there's concern over agricultural land as a tax dodge then I'd assess the scale of the problem.
Well. Personally I'd bin IHT altogether, and that would solve the problem comprehensively.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment.
Yes, which is why we should cut current spending and divert funds to infrastructure. Reform taxes alone and we'll not kill off growth.
The magical “cut spending” and “growth” which means fuck all without detailing what you’d cut and who and what the effects would be - exactly what you’re complaining about now in fact.
You talk about magical NHS and public sector efficiency gains but why can’t your SME make similar gains?
Our SME does it every year. It' why our VAPE is on the up. It will probably take us a couple of years to claw this back. The NHS will simply swallow the money as it productivity falls over the next 5 years.
Or NHS outcomes might improve, GP service might be better, new hospitals and facilities might be built, including in rural areas. Who knows?
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment. Growth in this context just means you don’t want to pay more tax.
That might be a fair argument, if the budget contained genuine growth measures. And I'd fully support that.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment. Growth in this context just means you don’t want to pay more tax.
That might be a fair argument, if the budget contained genuine growth measures. And I'd fully support that.
It doesn't, unfortunately.
That’s your opinion. In my view investment in education healthcare and infrastructure is a driver for growth.
I have lived long enough now to know that tax cuts don’t drive jobs and “growth” but rather the windfall just gets pocketed as profits.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
A simple way to define the election: Harris's DNC want to protect people's rights. The right to choose, the right to privacy, the right to exist Trump's RNC want to remove people's rights. What they think is what all Americans should think, and if they don't they must be commie or psychotic.
The Trump offer truly is the Leopards' Eating Faces Party. They want to impose restrictions on what you do in your own home with your own body, but no no, they're actually only going to do that to the Bad People.
We will see how this plays out. I still think a Harris win, sadly followed by increasing protests, with a serious risk of those becoming violent & armed.
Trump: "I will protect women, whether they like it or not."
On a negative side the drama over Biden’s remarks continue , the official stenographer complained that the WH changed the official transcript to add the infamous apostrophe in a different place !
Luckily for Kamala Trumps women comments have had a lot of media attention . It really was a huge own goal .
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment.
Yes, which is why we should cut current spending and divert funds to infrastructure. Reform taxes alone and we'll not kill off growth.
The magical “cut spending” and “growth” which means fuck all without detailing what you’d cut and who and what the effects would be - exactly what you’re complaining about now in fact.
You talk about magical NHS and public sector efficiency gains but why can’t your SME make similar gains?
Our SME does it every year. It' why our VAPE is on the up. It will probably take us a couple of years to claw this back. The NHS will simply swallow the money as it productivity falls over the next 5 years.
Or NHS outcomes might improve, GP service might be better, new hospitals and facilities might be built, including in rural areas. Who knows?
The triumph of hope over experience. Good luck with hat,
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
A farmer isn’t necessarily an expert on tax policy
The issue on tax is how people will behave. Townies have no idea of how people in the country think.
Farmers aren't the brightest bulbs in the chandelier, I mean they thought Brexit would be a good idea despite all the evidence to the contrary.
Lola farmer would beat you hands down in a negotiation.
Yet the majority voted Brexit.
You reap what you sow.
You'd think they'd learnt that growing up on a farm.
FPT The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
Does anyone actually believe Trump, who bankrupted his own business multiple times and spends his moments babbling inanely about sharks, is either competent or smart?
I mean - seriously?
Donald Trump is no idiot - or certainly was no idiot when he was younger.
But he is also a man who rewards people who tell him what he wants to hear. He's fallen into the same trap as so many successful people of thinking himself so smart, that anyone who disagrees with him is an idiot.
Success fucks people up.
Look at Elon and Tesla.
Tesla in 2016 was a bonkers fractious company. Musk said one thing. The engineers another. They'd argue. Musk would threaten to write the code himself. Then he'd come groveling to an engineer a few hours later.
Tesla in 2024 is "Elon's way or the highway". You disagree with Elon now, and you're out of a job.
Adversity is a much better teacher than success.
Hence Peter the Great’s toast to the Swedish officers he captured at Poltava, and invited to dine with him;
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
A farmer isn’t necessarily an expert on tax policy
The issue on tax is how people will behave. Townies have no idea of how people in the country think.
Farmers aren't the brightest bulbs in the chandelier, I mean they thought Brexit would be a good idea despite all the evidence to the contrary.
Lola farmer would beat you hands down in a negotiation.
Emm I think farmers and supermarkets might disagree with that by all reports. Supermarkets having them over a barrel comes to mind.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Though I thought this interesting:
"“Farmers,” Clarkson said on the X social network, “I know that you have been shafted today. But please don’t despair. Just look after yourselves for five short years and this shower will be gone.”
Yet Clarkson himself – or rather the prospective beneficiaries of his estate – may be among those “shafted”. Clarkson has previously said that he bought his 126-hectare (312-acre), £4.25m farm, Diddly Squat, in order to avoid inheritance tax on his estate. In a 2021 interview with The Times Clarkson said that avoiding inheritance tax was “the critical thing” in his decision to buy the farm."
And later in the same article:
"only 44% of the individuals who gained agricultural relief had received any trading income from agriculture at any point in the five years prior to death. It is “not the classic working farmers” who will bear the brunt of the changes, he argued. The change could help cool the rural property market because fewer people will buy a field as inheritance tax dodges"
So clearly this is a relief that has become a tax dodge for non-farmers. Whether this is the best solution to address the issue, I don't know.
I guess if you wanted to provide more relief for family farms that had been in the family for generations, you could provide £1m of relief per generation the farm has been in the family, perhaps capped at five generations.
The other thing is that, if the change does reduce the use of agricultural land as an IHT dodge, and reduces agricultural land prices, then the value of farms will fall and fewer will be above the £1m threshold than at present.
Lower land prices is good for genuine farmers looking to expand their farm.
A simple way to define the election: Harris's DNC want to protect people's rights. The right to choose, the right to privacy, the right to exist Trump's RNC want to remove people's rights. What they think is what all Americans should think, and if they don't they must be commie or psychotic.
The Trump offer truly is the Leopards' Eating Faces Party. They want to impose restrictions on what you do in your own home with your own body, but no no, they're actually only going to do that to the Bad People.
We will see how this plays out. I still think a Harris win, sadly followed by increasing protests, with a serious risk of those becoming violent & armed.
Trump: "I will protect women, whether they like it or not."
Apparently the Hollywood Access tape is getting re-newed attention now . I really think the Harris campaign should use that and then add on Trumps comments .
A story from the budget now around is on the theme of NI (employers) differences in treatment for public and private sectors.
Apparently the public sector is exempt from the recent NI rises; the row is about the grey area of GPs etc where public and private meet untidily.
My question for the experts is this: Is this separation of state and private sector for ordinary NI treatment a new departure?
If it is I think it opens a can of worms.
I don't think it is exempt, merely that the state paying itself is a circular transaction. But a particular school or health trust still has to pay the NI out of whatever budget it has so is facing an increase. So exempt at the government level is kind of true de facto but not wholly accurate, but it is not true at the organisational level either de facto or literally.
Looks like the Harris team are going to miss out on this opportunity, unless she turns up in Austin today. Rogan’s been quite clear that the door is open to her any time.
Harris is not going to do it; the messaging can't be managed. It is too high risk.
The interview (with Vance) is well worth watching. I listened to an hour yesterday (it is over 3 hours long). It is a very interesting discussion where he seems to just explain his personal views on a lot of contentious issues, which seems to align with the message of the Trump campaign, but would never in any other electoral context be possible. IE you could create an unlimited amount of 'evidence' demonstrating that he is 'transphobic' from the discussion, if that was your agenda; but it won't matter because the Trump campaign seems to defy all known political 'rules'. He comes across as being very assured of his views - his style is very much to invite you to agree with him, rather than reaching out to his opponents, again something that goes against all political norms.
The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
I’ve seen a few clips, will watch the whole thing later. Having seen his podcast last week with Theo Von, I actually like Vance even though I don’t particularly like Trump. Anyone talking about ‘transphopia’ is already voting Harris.
As discussed in the context of the Trump podcast last week, Rogan’s audience skews male, young, and rural, is going to be more Republican than Democrat. Perhaps these two conversations will help get demogaphics that traditionally don’t vote, to the polls on Tuesday.
I agree that the Harris campaign don’t want to risk it, they’ve been very controlled about the interviews that have done. They offered Rogan the opportunity to come to them and do an hour, which he declined. He’s not a political interviewer, he just wants to talk to people.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
A farmer isn’t necessarily an expert on tax policy
The issue on tax is how people will behave. Townies have no idea of how people in the country think.
Farmers aren't the brightest bulbs in the chandelier, I mean they thought Brexit would be a good idea despite all the evidence to the contrary.
Lola farmer would beat you hands down in a negotiation.
Yet the majority voted Brexit.
You reap what you sow.
You'd think they'd learnt that growing up on a farm.
You reap what you sow.
In recent years, they've not been able to reap anything because of all the fecking rain.
Maris poll just out good for Harris but it is worth looking at some of the detail: This is for Michigan where Harris is +3
Harris +6 among independents, -3 among white voters, +50 among black voters, +11 among women, -6 among men, 63% of those who already voted support her; Gen X, Z (and millenials), and Baby Boomers support her 53%, Silent Generation supports Trump 51%
50% of likely voters have already voted; 15% plan to vote early; 35% on election day.
Harris only -3 on who would handle immigration best; -1 on the economy; +18 on abortion.
There is usually a gap between men and women but in this election it is extreme and the obvious reason is that +18 on abortion for Harris. Its interesting that the economy, once Trump's strongest point, is now a draw. I am surprised that immigration is as close as that, I do not think that would be the case in more southern states.
Personally I find it hilarious that a policy Trump never seemed to believe in but which he delivered to his evangelical supporters may well cost him this election.
On farmers and IHT: I think there's a legitimate fear over the threshold coming down (most likely by fiscal drag reducing the threshold in real terms year-on-year while the actual threshold remains the same). Farmers provide the most basic of essentials for society and are already subject to a huge amount of stress.
If there's concern over agricultural land as a tax dodge then I'd assess the scale of the problem.
Well. Personally I'd bin IHT altogether, and that would solve the problem comprehensively.
I think the shock is not that a limit on IHT relief has come in, but how low it is. Most decent land in England trades well over 11k/acre. There's also great disparity between the per acre price of land in the home counties, and an upland farm in say, Caithness or Argyll. It doesn't take a large farm to get to £1 million. The big tax advantages will be if you are married, it effectively doubles the £1 mill untaxed threshold. Selling off fields for housing/solar panels is one option, but reduction in size would make many farms unsurvivable.
Saying that too many farmers hold onto land until they are no longer fit to work, this should force a rethink on that.
I'm not sure what will happen to investment companies trying to buy/lease land, but given the potential for carbon offsetting, I think they will continue to invest
A story from the budget now around is on the theme of NI (employers) differences in treatment for public and private sectors.
Apparently the public sector is exempt from the recent NI rises; the row is about the grey area of GPs etc where public and private meet untidily.
My question for the experts is this: Is this separation of state and private sector for ordinary NI treatment a new departure?
If it is I think it opens a can of worms.
All employers public and private will pay the NIC increase. Indeed it will absorb a substantial amount of the budgeted rises in spending, so those headline figures on money for councils, Social Care etc are misleading.
FPT The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
Does anyone actually believe Trump, who bankrupted his own business multiple times and spends his moments babbling inanely about sharks, is either competent or smart?
I mean - seriously?
Trump is considered smart by people who don't know a lot of smart people. Unfortunately, many US voters fall into this category.
Cunning. Bullying. Capable of spinning failure as success. Suckering people into giving him finance and other resource, largely by leveraging family wealth. Criminal convictions and/or ongoing proceedings that don't seem to have consequences. Given a platform by the media and anything they say is treated as important.
Describes both Musk and Trump and, sadly, a lot of people see that as clever.
They think they are clever. They con people who want to be conned.
A simple way to define the election: Harris's DNC want to protect people's rights. The right to choose, the right to privacy, the right to exist Trump's RNC want to remove people's rights. What they think is what all Americans should think, and if they don't they must be commie or psychotic.
The Trump offer truly is the Leopards' Eating Faces Party. They want to impose restrictions on what you do in your own home with your own body, but no no, they're actually only going to do that to the Bad People.
We will see how this plays out. I still think a Harris win, sadly followed by increasing protests, with a serious risk of those becoming violent & armed.
Trump: "I will protect women, whether they like it or not."
‘Honey, I’m gonna give you a damn good protecting’
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Though I thought this interesting:
"“Farmers,” Clarkson said on the X social network, “I know that you have been shafted today. But please don’t despair. Just look after yourselves for five short years and this shower will be gone.”
Yet Clarkson himself – or rather the prospective beneficiaries of his estate – may be among those “shafted”. Clarkson has previously said that he bought his 126-hectare (312-acre), £4.25m farm, Diddly Squat, in order to avoid inheritance tax on his estate. In a 2021 interview with The Times Clarkson said that avoiding inheritance tax was “the critical thing” in his decision to buy the farm."
And later in the same article:
"only 44% of the individuals who gained agricultural relief had received any trading income from agriculture at any point in the five years prior to death. It is “not the classic working farmers” who will bear the brunt of the changes, he argued. The change could help cool the rural property market because fewer people will buy a field as inheritance tax dodges"
So clearly this is a relief that has become a tax dodge for non-farmers. Whether this is the best solution to address the issue, I don't know.
It's going to be interesting what the big estates do. They've used trusts as one means to keep themselves intact, interesting that the Government hint at closing loopholes over the next few years. Big consequences for tenant farmers if an estate is forcibly sold
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
A farmer isn’t necessarily an expert on tax policy
The issue on tax is how people will behave. Townies have no idea of how people in the country think.
Farmers aren't the brightest bulbs in the chandelier, I mean they thought Brexit would be a good idea despite all the evidence to the contrary.
Lola farmer would beat you hands down in a negotiation.
Yet the majority voted Brexit.
You reap what you sow.
You'd think they'd learnt that growing up on a farm.
You reap what you sow.
In recent years, they've not been able to reap anything because of all the fecking rain.
A very poor harvest this year round my way.
Between droughts, floods, wild fires and hurricanes are we finally going to start to take climate change seriously?
A simple way to define the election: Harris's DNC want to protect people's rights. The right to choose, the right to privacy, the right to exist Trump's RNC want to remove people's rights. What they think is what all Americans should think, and if they don't they must be commie or psychotic.
The Trump offer truly is the Leopards' Eating Faces Party. They want to impose restrictions on what you do in your own home with your own body, but no no, they're actually only going to do that to the Bad People.
We will see how this plays out. I still think a Harris win, sadly followed by increasing protests, with a serious risk of those becoming violent & armed.
Trump: "I will protect women, whether they like it or not."
I have made the comparison to the fictional Gilead for ages. Trump and the GOP seem determined to create parts of it for real.
And not just women. The long list of enemies and illegals he will lock up / deport. The Puerto Rico “joke” in itself isn’t a big deal, but seems to have woken up voters of that heritage - and the wider Latino voter block - that Trump wants them out of the country. And not just the illegals. He will make you illegal.
Looks like the Harris team are going to miss out on this opportunity, unless she turns up in Austin today. Rogan’s been quite clear that the door is open to her any time.
Harris is not going to do it; the messaging can't be managed. It is too high risk.
The interview (with Vance) is well worth watching. I listened to an hour yesterday (it is over 3 hours long). It is a very interesting discussion where he seems to just explain his personal views on a lot of contentious issues, which seems to align with the message of the Trump campaign, but would never in any other electoral context be possible. IE you could create an unlimited amount of 'evidence' demonstrating that he is 'transphobic' from the discussion, if that was your agenda; but it won't matter because the Trump campaign seems to defy all known political 'rules'. He comes across as being very assured of his views - his style is very much to invite you to agree with him, rather than reaching out to his opponents, again something that goes against all political norms.
The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
I see these rationales and just want to scream "personal responsibility".
It really, really isn't the fault of serious people who don't set out to cheat people that others do and they have willing buyers for their lies.
If you don't want the snake oil, folks, don't buy it.
Talk of putting earmuffs on dogs for bonfire night. Our dog would have a field day with that. Would be in bits within minutes. Fortunately he is not frightened by bangs although he does think there is someone at the door and goes and barks at it.
Trump will loose in Michigan, Wisconsin and Pennsylvania. Arizona? I am not convinced he win there. I can't put my finger on why. He may well loose that state as well.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Plenty of farmers will be turning to "townie" accountants to work out exactly how these changes affect them. Division of labour and all that.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Though I thought this interesting:
"“Farmers,” Clarkson said on the X social network, “I know that you have been shafted today. But please don’t despair. Just look after yourselves for five short years and this shower will be gone.”
Yet Clarkson himself – or rather the prospective beneficiaries of his estate – may be among those “shafted”. Clarkson has previously said that he bought his 126-hectare (312-acre), £4.25m farm, Diddly Squat, in order to avoid inheritance tax on his estate. In a 2021 interview with The Times Clarkson said that avoiding inheritance tax was “the critical thing” in his decision to buy the farm."
And later in the same article:
"only 44% of the individuals who gained agricultural relief had received any trading income from agriculture at any point in the five years prior to death. It is “not the classic working farmers” who will bear the brunt of the changes, he argued. The change could help cool the rural property market because fewer people will buy a field as inheritance tax dodges"
So clearly this is a relief that has become a tax dodge for non-farmers. Whether this is the best solution to address the issue, I don't know.
It's going to be interesting what the big estates do. They've used trusts as one means to keep themselves intact, interesting that the Government hint at closing loopholes over the next few years. Big consequences for tenant farmers if an estate is forcibly sold
Aren't a lot of the land owners limited companies now? Certainly seem so round my way.
For example Parker Farms Ltd have 12 000 acres of East Leics.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment.
Yes, which is why we should cut current spending and divert funds to infrastructure. Reform taxes alone and we'll not kill off growth.
The magical “cut spending” and “growth” which means fuck all without detailing what you’d cut and who and what the effects would be - exactly what you’re complaining about now in fact.
You talk about magical NHS and public sector efficiency gains but why can’t your SME make similar gains?
Our SME does it every year. It' why our VAPE is on the up. It will probably take us a couple of years to claw this back. The NHS will simply swallow the money as it productivity falls over the next 5 years.
Or NHS outcomes might improve, GP service might be better, new hospitals and facilities might be built, including in rural areas. Who knows?
The triumph of hope over experience. Good luck with hat,
The demands on the NHS have grown massively.
To suggest outcomes haven't improved seems particularly peverse.
In the early 1990's women with early breast cancer had a 15% chance of dying within 5 years.
Now ? Its about 5%
Cataract operations were once an in patient operation with a couple of nights stay. Its now done in about 12 minutes and you are back home straight away. Quality is better, its safer and there are less complications. The age of people having the operations has dropped, and there are at least 5 times the number of operations per year.
Life expectancy of men has increased by about 7 years since 40 years ago. Many cancers are a function of age. Prostate being a prime example.
We have worse outcomes than many comparable countries, but then we spend less.
How do people (think they) know which states Trump and Harris are going to win when the polls are all in the margin of error and its going to be a nightmare of an election to poll accurately? And that is before any counting and legal shenanigans.
Incidentally, 5-year gilt yields are now 0.8% higher than their mid-September lows. And around 0.5% higher than they have been most of the last 3 months.
Mortgage renewal fixed rates are only going in one direction once current offers expire...
Ive noticed in the last two weeks or so people Im talking to go off on one when talking about the public sector. Usually comments on Im getting whacked with tax while that lot with their big pensions and salaries arent doing anything to earn it.
We could be seeing a new dividing line in politics
I have worked in the public sector for most of my career. With a few very rare exceptions my colleagues are severely deluded about how good their position is. As well as the defined benefit pensions the working conditions are unachievable in any other sector. The delusion is sustained by misinformation about the private sector and the 'large bonuses' that private sector workers apparently get.
The thing that is truly mystifying is that, despite this, the public sector cannot recruit. For example, in my own field - planning, there is an abundance of jobs paying circa £30k that require no experience (although you have to go through training) and which cannot be filled despite multiple attempts.
I recognise this.
My experience was that you could bob a long just following process at a pedestrian rate and have a job for life, whilst never being hugely satisfied with your lot.
Whereas, those with talent and capability got all the work, and worked very long hours but were not rewarded for it. So usually left.
The share saying Trump respects women has increased slightly over time, especially among Republicans. In 2020, 29% said he respects women and in 2016, 26% said so. Among Republicans, the share saying he does rose to 71% from 65% in 2020 and 55% in 2016.
Does staunch against trans matter more than the allegations? Or is it the kool-aid?
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment.
Yes, which is why we should cut current spending and divert funds to infrastructure. Reform taxes alone and we'll not kill off growth.
The magical “cut spending” and “growth” which means fuck all without detailing what you’d cut and who and what the effects would be - exactly what you’re complaining about now in fact.
You talk about magical NHS and public sector efficiency gains but why can’t your SME make similar gains?
Our SME does it every year. It' why our VAPE is on the up. It will probably take us a couple of years to claw this back. The NHS will simply swallow the money as it productivity falls over the next 5 years.
Or NHS outcomes might improve, GP service might be better, new hospitals and facilities might be built, including in rural areas. Who knows?
The triumph of hope over experience. Good luck with hat,
The demands on the NHS have grown massively.
To suggest outcomes haven't improved seems particularly peverse.
In the early 1990's women with early breast cancer had a 15% chance of dying within 5 years.
Now ? Its about 5%
Cataract operations were once an in patient operation with a couple of nights stay. Its now done in about 12 minutes and you are back home straight away. Quality is better, its safer and there are less complications. The age of people having the operations has dropped, and there are at least 5 times the number of operations per year.
Life expectancy of men has increased by about 7 years since 40 years ago. Many cancers are a function of age. Prostate being a prime example.
We have worse outcomes than many comparable countries, but then we spend less.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment.
Yes, which is why we should cut current spending and divert funds to infrastructure. Reform taxes alone and we'll not kill off growth.
The magical “cut spending” and “growth” which means fuck all without detailing what you’d cut and who and what the effects would be - exactly what you’re complaining about now in fact.
You talk about magical NHS and public sector efficiency gains but why can’t your SME make similar gains?
The cult of the small business is at least as bad as that of the NHS. There is the assumption by politicians that these people are the smartest and most knowledgable in the country, but according to their own mantra anyone smart would be mad not to work in the public sector given the salaries and pensions.
In fact, one of the consquences, perhaps intended, of the budget is that working for a very small business or being self-employed looks relatively more attractive now compared with other sectors. That's a good thing, but I think those improvements should be extended to medium-sized private firms too.
A simple way to define the election: Harris's DNC want to protect people's rights. The right to choose, the right to privacy, the right to exist Trump's RNC want to remove people's rights. What they think is what all Americans should think, and if they don't they must be commie or psychotic.
The Trump offer truly is the Leopards' Eating Faces Party. They want to impose restrictions on what you do in your own home with your own body, but no no, they're actually only going to do that to the Bad People.
We will see how this plays out. I still think a Harris win, sadly followed by increasing protests, with a serious risk of those becoming violent & armed.
Trump: "I will protect women, whether they like it or not."
I have made the comparison to the fictional Gilead for ages. Trump and the GOP seem determined to create parts of it for real.
And not just women. The long list of enemies and illegals he will lock up / deport. The Puerto Rico “joke” in itself isn’t a big deal, but seems to have woken up voters of that heritage - and the wider Latino voter block - that Trump wants them out of the country. And not just the illegals. He will make you illegal.
What? A comedian made a joke at a rally. It’s a massive leap from that to Trump wants to deport anyone who’s in the county legally.
Meanwhile, Biden called Trump supporters garbage and they all turned up to hallowe’en parties dressed in bin bags.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment.
Yes, which is why we should cut current spending and divert funds to infrastructure. Reform taxes alone and we'll not kill off growth.
The magical “cut spending” and “growth” which means fuck all without detailing what you’d cut and who and what the effects would be - exactly what you’re complaining about now in fact.
You talk about magical NHS and public sector efficiency gains but why can’t your SME make similar gains?
Our SME does it every year. It' why our VAPE is on the up. It will probably take us a couple of years to claw this back. The NHS will simply swallow the money as it productivity falls over the next 5 years.
Or NHS outcomes might improve, GP service might be better, new hospitals and facilities might be built, including in rural areas. Who knows?
The triumph of hope over experience. Good luck with hat,
The demands on the NHS have grown massively.
To suggest outcomes haven't improved seems particularly peverse.
In the early 1990's women with early breast cancer had a 15% chance of dying within 5 years.
Now ? Its about 5%
Cataract operations were once an in patient operation with a couple of nights stay. Its now done in about 12 minutes and you are back home straight away. Quality is better, its safer and there are less complications. The age of people having the operations has dropped, and there are at least 5 times the number of operations per year.
Life expectancy of men has increased by about 7 years since 40 years ago. Many cancers are a function of age. Prostate being a prime example.
We have worse outcomes than many comparable countries, but then we spend less.
The mess with farmers and IHT is going to be one to watch. On one hand you have tax expert Dan Neidle saying 'what's the fuss?', very few farms will be included if you look at the tax stats, and then the farmers themselves saying it is a friggin' disaster.
Telegraph has as ever gone totally toton on this this morning.
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
Who to believe on tax... A tax expert or someone who makes TV shows?
Who to believe a farmer or a town dweller ?
If the farmer knows about farming and the townie knows about tax, then the townie.
Expertise beats location.
Nonsense, the question on raising tax is how people will behave. You change the tax regime and people will act differently and often in ways that cant be predicted.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
I don’t know if you’ve heard but we have a massive budget deficit and a dire need for infrastructure investment.
Yes, which is why we should cut current spending and divert funds to infrastructure. Reform taxes alone and we'll not kill off growth.
The magical “cut spending” and “growth” which means fuck all without detailing what you’d cut and who and what the effects would be - exactly what you’re complaining about now in fact.
You talk about magical NHS and public sector efficiency gains but why can’t your SME make similar gains?
Our SME does it every year. It' why our VAPE is on the up. It will probably take us a couple of years to claw this back. The NHS will simply swallow the money as it productivity falls over the next 5 years.
Or NHS outcomes might improve, GP service might be better, new hospitals and facilities might be built, including in rural areas. Who knows?
The triumph of hope over experience. Good luck with hat,
The demands on the NHS have grown massively.
To suggest outcomes haven't improved seems particularly peverse.
In the early 1990's women with early breast cancer had a 15% chance of dying within 5 years.
Now ? Its about 5%
Cataract operations were once an in patient operation with a couple of nights stay. Its now done in about 12 minutes and you are back home straight away. Quality is better, its safer and there are less complications. The age of people having the operations has dropped, and there are at least 5 times the number of operations per year.
Life expectancy of men has increased by about 7 years since 40 years ago. Many cancers are a function of age. Prostate being a prime example.
We have worse outcomes than many comparable countries, but then we spend less.
Good morning
My wife needs a double cataract operation and has just been put on Wales NHS 18 month waiting list
Comments
The interview (with Vance) is well worth watching. I listened to an hour yesterday (it is over 3 hours long). It is a very interesting discussion where he seems to just explain his personal views on a lot of contentious issues, which seems to align with the message of the Trump campaign, but would never in any other electoral context be possible. IE you could create an unlimited amount of 'evidence' demonstrating that he is 'transphobic' from the discussion, if that was your agenda; but it won't matter because the Trump campaign seems to defy all known political 'rules'. He comes across as being very assured of his views - his style is very much to invite you to agree with him, rather than reaching out to his opponents, again something that goes against all political norms.
The essential appeal of Trump, Vance and their supporters like Musk is that the country is in a mess, they are competent and smart, and they will sort it out. Against this you have a clown show which is what the 'establishment' has descended to, in the form of the democrats. The victory of the former, if it happens, will be largely due to the failings and failures of the latter.
We could be seeing a new dividing line in politics
I mean - seriously?
Telegraph has as ever gone totally toton on this this morning.
See:
Why Labour’s Budget is a ‘closure of the mines’ moment for British farming
https://www.telegraph.co.uk/news/2024/10/31/labours-budget-is-a-closure-of-the-mines-moment-farmers/
Yet the main example quoted is a farmer who farms the land still owned by his very aging father. They don't seem to have thought through inheritance and now they do.
Meanwhile, Ed Balls seems to have weighed in and warned that the politics of this are looking bad for Reeves.
U turn coming????
The thing that is truly mystifying is that, despite this, the public sector cannot recruit. For example, in my own field - planning, there is an abundance of jobs paying circa £30k that require no experience (although you have to go through training) and which cannot be filled despite multiple attempts.
But you know what? If someone says "please use the following pronoun for me", I'll say "yes, of course", because that is basic human courtesy.
ANYWAY.
I agree that is the Trump-Vance pitch. That the country is a mess and only they can sort it out.
In other words, they want to "Take America Back".
America has 300 million people and they all need to live together. That means letting people in cities have liberal policies on abortion and trans rights. And it means letting people in Utah have the opposite. And it means allowing people to vote with their feet in live in states which suit their worldview.
I've said it before, but the idea that there is some kind of victory where opposing voices are silenced is a complete chimera that can only end in civil war.
We all need to remember we need to live together. We need to remember that - even if we disagree with people - then they are still people with just as many rights as us.
Anyway. I need to go to bed.
Night all.
But he is also a man who rewards people who tell him what he wants to hear. He's fallen into the same trap as so many successful people of thinking himself so smart, that anyone who disagrees with him is an idiot.
Success fucks people up.
Look at Elon and Tesla.
Tesla in 2016 was a bonkers fractious company. Musk said one thing. The engineers another. They'd argue. Musk would threaten to write the code himself. Then he'd come groveling to an engineer a few hours later.
Tesla in 2024 is "Elon's way or the highway". You disagree with Elon now, and you're out of a job.
Describes both Musk and Trump and, sadly, a lot of people see that as clever.
And I thought Tesla overvalued as a company anyway.
A Hallowe’en parade including a “Kamala Harris” in slavery chains behind a “Trump” golf cart.
Expertise beats location.
A simple way to define the election:
Harris's DNC want to protect people's rights. The right to choose, the right to privacy, the right to exist
Trump's RNC want to remove people's rights. What they think is what all Americans should think, and if they don't they must be commie or psychotic.
The Trump offer truly is the Leopards' Eating Faces Party. They want to impose restrictions on what you do in your own home with your own body, but no no, they're actually only going to do that to the Bad People.
We will see how this plays out. I still think a Harris win, sadly followed by increasing protests, with a serious risk of those becoming violent & armed.
"“Farmers,” Clarkson said on the X social network, “I know that you have been shafted today. But please don’t despair. Just look after yourselves for five short years and this shower will be gone.”
Yet Clarkson himself – or rather the prospective beneficiaries of his estate – may be among those “shafted”. Clarkson has previously said that he bought his 126-hectare (312-acre), £4.25m farm, Diddly Squat, in order to avoid inheritance tax on his estate. In a 2021 interview with The Times Clarkson said that avoiding inheritance tax was “the critical thing” in his decision to buy the farm."
And later in the same article:
"only 44% of the individuals who gained agricultural relief had received any trading income from agriculture at any point in the five years prior to death. It is “not the classic working farmers” who will bear the brunt of the changes, he argued. The change could help cool the rural property market because fewer people will buy a field as inheritance tax dodges"
https://www.theguardian.com/uk-news/2024/nov/01/farmers-shocked-budget-inheritance-tax-estates
So clearly this is a relief that has become a tax dodge for non-farmers. Whether this is the best solution to address the issue, I don't know.
The snag - and it is an insuperable snag - is that it was from sources *other* than growing/rearing food.
My SME manufacturing co estimates the NI raid will cost us £200k next year. As a result we wont be raising salaries as much and will probably look at a couple of layoffs.
Growrth ? Not on Labours agenda,
There’s a lot of evidence of both turnout being higher among women than men, and of sex-based polarisation in the past few years, with women trending more left and men more right.
That’s not stopping the Republican women though, who are having fun with their get out the vote campaign aimed at men.
https://x.com/stclairashley/status/1851711203820867655
https://x.com/arynnewexler/status/1851731423046344956
https://x.com/ada_lluch/status/1851713837411475503
https://x.com/trhlofficial/status/1851861548781670622
https://www.cnn.com/2024/10/30/cars/chinese-byd-net-revenue-beat-tesla-first-time-intl-hnk/index.html
Harris +6 among independents, -3 among white voters, +50 among black voters, +11 among women, -6 among men, 63% of those who already voted support her; Gen X, Z (and millenials), and Baby Boomers support her 53%, Silent Generation supports Trump 51%
50% of likely voters have already voted; 15% plan to vote early; 35% on election day.
Harris only -3 on who would handle immigration best; -1 on the economy; +18 on abortion.
There is usually a gap between men and women but in this election it is extreme and the obvious reason is that +18 on abortion for Harris. Its interesting that the economy, once Trump's strongest point, is now a draw. I am surprised that immigration is as close as that, I do not think that would be the case in more southern states.
Personally I find it hilarious that a policy Trump never seemed to believe in but which he delivered to his evangelical supporters may well cost him this election.
NBC/Marist
Pennsylvania
Harris 50
Trump 48
Michigan
Harris 51
Trump 48
Wisconsin
Harris 50
Trump 48
You talk about magical NHS and public sector efficiency gains but why can’t your SME make similar gains?
a) economic knowledge
b) logical thought
c) a perspective longer than a few news cycles
d) a lack of social envy
So you can see why the current government will never do it.
As has been discussed ad nauseam, it’s a big dilemma for Western nations when they want everyone to buy EVs, but the Chinese EVs are way cheaper than the locally-made cars.
Harris 50
Trump 48
On farmers and IHT: I think there's a legitimate fear over the threshold coming down (most likely by fiscal drag reducing the threshold in real terms year-on-year while the actual threshold remains the same). Farmers provide the most basic of essentials for society and are already subject to a huge amount of stress.
If there's concern over agricultural land as a tax dodge then I'd assess the scale of the problem.
Well. Personally I'd bin IHT altogether, and that would solve the problem comprehensively.
And I'd fully support that.
It doesn't, unfortunately.
Yougov polling last month:
Do you personally hope that the United States elects a woman President of the United States in your lifetime?
No 22%
Female voters No 22%!!!
Conservative ideology No 44%
"Moderate" ideology No 17%
On top of that ridiculous 22% there is another 22% unsure, only just over a half ever want to see any female President.
It is a massive handicap when 22% of the voters and 17% of swing voters don't want you as President simply down to your gender.
https://d3nkl3psvxxpe9.cloudfront.net/documents/econTabReport_O3e18LR.pdf#page=43
I have lived long enough now to know that tax cuts don’t drive jobs and “growth” but rather the windfall just gets pocketed as profits.
So the town dweller.
"I will protect women, whether they like it or not."
On a negative side the drama over Biden’s remarks continue , the official stenographer complained that the WH changed the official transcript to add the infamous apostrophe in a different place !
Luckily for Kamala Trumps women comments have had a lot of media attention . It really was a huge own goal .
You reap what you sow.
You'd think they'd learnt that growing up on a farm.
You reap what you sow.
Apparently the public sector is exempt from the recent NI rises; the row is about the grey area of GPs etc where public and private meet untidily.
My question for the experts is this: Is this separation of state and private sector for ordinary NI treatment a new departure?
If it is I think it opens a can of worms.
Hence Peter the Great’s toast to the Swedish officers he captured at Poltava, and invited to dine with him;
“To my teachers.”
The other thing is that, if the change does reduce the use of agricultural land as an IHT dodge, and reduces agricultural land prices, then the value of farms will fall and fewer will be above the £1m threshold than at present.
Lower land prices is good for genuine farmers looking to expand their farm.
As discussed in the context of the Trump podcast last week, Rogan’s audience skews male, young, and rural, is going to be more Republican than Democrat. Perhaps these two conversations will help get demogaphics that traditionally don’t vote, to the polls on Tuesday.
I agree that the Harris campaign don’t want to risk it, they’ve been very controlled about the interviews that have done. They offered Rogan the opportunity to come to them and do an hour, which he declined. He’s not a political interviewer, he just wants to talk to people.
Although as a broad rule it is Labour who have normally increased Employers NI
Saying that too many farmers hold onto land until they are no longer fit to work, this should force a rethink on that.
I'm not sure what will happen to investment companies trying to buy/lease land, but given the potential for carbon offsetting, I think they will continue to invest
Seems about as black and white an answer as 'does Boris Johnson respect the institution of marriage?'...
Between droughts, floods, wild fires and hurricanes are we finally going to start to take climate change seriously?
And not just women. The long list of enemies and illegals he will lock up / deport. The Puerto Rico “joke” in itself isn’t a big deal, but seems to have woken up voters of that heritage - and the wider Latino voter block - that Trump wants them out of the country. And not just the illegals. He will make you illegal.
It really, really isn't the fault of serious people who don't set out to cheat people that others do and they have willing buyers for their lies.
If you don't want the snake oil, folks, don't buy it.
For example Parker Farms Ltd have 12 000 acres of East Leics.
To suggest outcomes haven't improved seems particularly peverse.
In the early 1990's women with early breast cancer had a 15% chance of dying within 5 years.
Now ? Its about 5%
Cataract operations were once an in patient operation with a couple of nights stay.
Its now done in about 12 minutes and you are back home straight away.
Quality is better, its safer and there are less complications.
The age of people having the operations has dropped, and there are at least 5 times the number of operations per year.
Life expectancy of men has increased by about 7 years since 40 years ago.
Many cancers are a function of age. Prostate being a prime example.
We have worse outcomes than many comparable countries, but then we spend less.
Happy to admit I have no idea.
Mortgage renewal fixed rates are only going in one direction once current offers expire...
My experience was that you could bob a long just following process at a pedestrian rate and have a job for life, whilst never being hugely satisfied with your lot.
Whereas, those with talent and capability got all the work, and worked very long hours but were not rewarded for it. So usually left.
https://today.yougov.com/society/articles/50845-women-and-politics-what-americans-think-about-the-2024-election
This stood out for me:
The share saying Trump respects women has increased slightly over time, especially among Republicans. In 2020, 29% said he respects women and in 2016, 26% said so. Among Republicans, the share saying he does rose to 71% from 65% in 2020 and 55% in 2016.
Does staunch against trans matter more than the allegations? Or is it the kool-aid?
How Brexit helped Britain lose the Chagos Islands
https://www.politico.eu/article/brexit-britain-chagos-islands-uk-un-decolonization-us-military-base-mauritius/
In fact, one of the consquences, perhaps intended, of the budget is that working for a very small business or being self-employed looks relatively more attractive now compared with other sectors. That's a good thing, but I think those improvements should be extended to medium-sized private firms too.
Meanwhile, Biden called Trump supporters garbage and they all turned up to hallowe’en parties dressed in bin bags.
My wife needs a double cataract operation and has just been put on Wales NHS 18 month waiting list
Why does Harris have such a man problem?