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Ahead of the Spring Statement, I discussed options with Matt Frei on LBC. Aligning tax on dividends and capital gains, with wages ... establish a single status of workers ... and a tax of 2% on wealth above £10 million. These are things that could be done rather than cuts.

Andy McDonald MP for Middlesbrough & Thornaby East

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31,080 views • 1 year ago •via X (Twitter)

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11 Comments

Dave Chaplin - CEO, ContractorCalculator1 year ago

@mattfrei @LBC There are only a handful of MPs that understand how taxes work. This MP is not one of them.

Robin Redmile-Gordon1 year ago

@mattfrei @LBC Of course you can steal more of our money to fund your profligacy…..until there’s no one left to tax, at least. Then what’re you going to do? I’ve got another idea for you, though, how about you learn to live within your means? How about that?

RobR41 year ago

@mattfrei @LBC How about stop spending 7.5 billion a year on illegal migrants, sending billions to the Ukraine dictatorship, millions to terrorists in Syria and spending millions on vanity projects. We need Billionaires to invest in the UK not be taxed to death you cretin!

Dan1 year ago

@mattfrei @LBC Bye bye rich people 👋

Inspector Clouseau1 year ago

@mattfrei @LBC Old freebies Reeves has made one massive f*** up in the space of 8 months!

James Paterson1 year ago

We've had enough of raising taxes! I'm hardly the multi millionaire I hear all the Socialists talk about for the 'wealth tax' but I made 60k this year so paid some level of the next tier tax rate with a stock's & shares portfolio of 200k with about half of it outside an ISA. Naturally I'll shift 20k to next years allowance come April but your proposal would hit me considerably too.

Whyamidoingthis.1 year ago

@mattfrei @LBC What is that all about with you hounding a Tory MP, you were telling whoppers and you won’t say sorry. Poor man was suicidal because of your lies about him. Typical Labour MPs, Tom Watson is a vile liar made a Lord by Starmer. Your party stinks of corruption

Jim Sheen1 year ago

@mattfrei @LBC

Smoggie131 year ago

@mattfrei @LBC If people are fortunate enough to make huge sums of money in the UK, they should also pay their taxes here. The same should go for businesses. Stop pursuing the poor & disabled & focus on the billionaires using loopholes to avoid taxes

WierengaTax1 year ago

Looking for a new tax return preparer?✅ Want to handle the entire process from your smartphone, computer, or tablet?✅ Reach out today for a free estimate! 😀 [email protected]

grandad1 year ago

@mattfrei @LBC Waiting to see which labour mps vote for pip changes that arnt achievable..ie the 4 pts..1m will lose there pip..any labour mp that votes for this will lose there seat..will be the poll tax moment

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Exceptional from Hugh Fearnley-Whittingstall on the need for a wealth tax 👏 ➡️ Labour keeps ruling things out that would make me more likely to vote for them: £28 billion on green energy, cancelling new oil and gas licenses, proportional representations, working with a progressive coalition, and ruled out a wealth tax ➡️ A wealth tax could raise £70-100 billion that could be spent on projects and public services ➡️ He explains a wealth tax is on the wealthy, not on low, middle or high earners

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