Without a doubt, but would be nice to see Labour look to incentivize people to work, especially on low incomes in tandem with reducing welfare. However I’m not sure if tax breaks/ the carrot are part of their vocabulary.
jtthom on
Yeah – the welfare bill is out of control with the triple lock and skyrocketing PIP claims.
With the size of their parliamentary majority, they’d be well placed to make the tough policy decisions now. However, their noses are too deep in polling data and they’re more interested in being reelected than making good choices for the future of the country.
They should’ve been more prepared to be unpopular in the short term if they were confident that the changes would be positive for growth
SnooTomatoes2939 on
Just get rid of all those leeches , next will be the low income folks because they aren’t working hard enough
Scary-Spinach1955 on
We know.
We just need a government with a spine for once to actually do something about it
Nedonomicon on
Orrrrrr tax the wealthy and big business properly and it’ll cover it 16 times over
Slight-Reindeer-265 on
UC is going up 6%…my pay increase is 2.7%…why WOULD anyone want to work? As for incentivising…well that really is a sad state of affairs when not brought up with a moral compass like that to begin with. Why on earth should we encourage someone to work. Beggars belief. At the same time the amount of benefits you can get is enough to decide not to even bother! Such a sad state we’re now in.
Fit-Distribution1517 on
Of all the entities whose opinion I don’t care about… JP Morgan is at the top of that list
Bet they don’t even pay their taxes but think they can dictate financial policy.
strongfavourite on
>warns JP Morgan
totally impartial economic advice then.
iamdadmin on
100% income tax for income over £1,000,000 per year, or give them incentives to invest their money into small and medium business so they hire people and thus we have less people outta work.
Maybe try taking money from the richest people who most definitely don’t need the money for a very lavish lifestyle, before removing it from the poorest and most needy of persons.
Craft_on_draft on
1.3 million people that aren’t UK/Irish citizens on universal credit is a good place to start. It won’t cover the whole bill of course
AbbreviationsIll6106 on
World’s largest bank tells government to cut spending on poor people.
Apprehensive_Art6921 on
Why don’t they give us some money from all that cocaine they like to ship around the world
Impressive-Bird-6085 on
Christ, are JP Morgan really that transparent and stupid??
Of course JP Morgan are going to call for the government to attack the vulnerable by cutting welfare benefits provision. JP Morgan’s whole business is to slavishly serve the richest. They ain’t going to call for a wealth tax now, are they?!
BlaziingDemon on
Most people on UC work..people think people on UC are the problem when in reality they are not..it’s the companies underpaying everyone so the government has to step in..as for PIP that’s easy to sort out, anyone who hasn’t had a doctors medical or a therapist or any sort of therapy signed off then their claims get stopped and they have 1 month to provide full evidence otherwise they have to payback everything they had claimed. Benefits is a problem but it’s not the biggest problem it’s a the people abusing it that’s the problem. I’ve always said every area needs help so the people on benefits can help out and learn valuable skills and work ethics, painting,rubbish removal, street sweeping,helping the elderly etc no reasons why these able bodies adults cant do that
Lumpy-Valuable-8050 on
I’d rather the money go to businesses to prop them up lol
British steel money allocation etc
PhyllisCaunter on
Never going to happen with this lot in charge. It will sink us all in the end.
Loose_Mood4971 on
I was sat with my coworkers yesterday who are about 10 years younger than me and they told me about people they knew growing up who don’t do anything. They’ve given up and are basically doing what the Chinese call laying flat. We need to find a way to revitalise and motivate these disenfranchised youth and have a real cultural shift in the UK to a more „you can“ rather than a „give up“ culture
milkonyourmustache on
No, Britain must tax it’s wealthiest corporations and and individuals more to pay for necessary public services. There’s no need to cut welfare if you increase tax revenue. We can’t keep doing trickle down economics , it doesn’t trickle down, the rich just accumulate more and more assets and raise living costs on the poor. We’re slow marching towards neo feudalism which is exactly what JP Morgan and their ilk want.
PurchaseDry9350 on
A bank that serves the rich says that 😂 and they’re treated as an important unbiased source
AccordingLet9284 on
People are too soft. Time to get on with it and pull your weight. Productivity is embarrassing in the UK.
ZX52 on
Yes, let’s kill more poor and disabled people, and remove more money from the economy. The last 15 years totally didn’t happen.
Artichokeypokey on
OR (hear me out here)
Increase taxes on the rich and estates
Fund social care and mental health support
And actually help people instead of taking the advice of a bank
> JPMorgan CEO Jamie Dimon was awarded an 8.3% pay rise in 2024, with his total compensation package coming to $39 million.
Interesting. The money is there, it’s just that more and more of it is being distributed amongst fewer and fewer people.
ligosuction2 on
Fishermen don’t want cuts in quotas… ffs… the fuckers advise the rich so why would they say anything else?
DDTTIDF on
needs to be done better, its a safety net not a preferable option.
mattymattymatty96 on
No, no we dont.
We just need to tax you, the rich, more
bomboclawt75 on
Tax the billionaires and corporations the money they actually owe.
Lumpy_Argument_1867 on
There’s soo much poverty and misery in so many towns that cutting more public funding in these areas is just going cause chaos or a massive internal migration.
Jobs are desperately needed
Eymrich on
Yeah Farange will do this no problem, just wait.
Everyone will vote for him as the ultimate solution to the immigration problem, only to not solve anything, axing every bit of wellfare and set sail to another nation like the coward did after advocating for Brexit.
SignalButterscotch73 on
We had 14 years of tories cutting, cutting clearly don’t work the way these rich folk think.
Puzzleheaded-Set-928 on
Last time I checked, JP Morgan have never proposed raising taxes on their highest earners or other wealthy people.
Nor do they have any specialist knowledge of disabled people’s issues and the support thats needed.
Sorry, but picking on the most vulnerable is disgusting. You think we’ve got issues in our economy? You pay for them then.
After all, its your greed that’s caused the issues in the first place, no matter which minority you try to divert the blame to.
unbelievablydull82 on
Yeah sure, cut down on support for my autistic kids, whilst you’re at it, reopen mines and force them down there, why not? We all know they’re just lazy, workshy slackers leaching off society, taking the tax payer for a joke. Thank god for the rich, they’re definitely not taking the piss out of the British tax payer.
Ambersfruityhobbies on
£8-10 billion being spent on welfare of citizens of other countries ….
Nothing to do with anything, I’m sure and so will be liberal idiots and otherwise knowing socialists.
gogul1980 on
I have MS. Have never claimed but seeing stuff like this makes me incredibly worried. I always believed the system was set up that should I get too sick to carry on working I wouldn’t have to worry too much. Been paying in to the system since I was 16. But now my job is becoming increasingly hostile to disabled employees and theres no guarantee they won’t try to write us out with employment tribunals with this new wave of position displacements etc I’m terrified of being forced out into a job market that is so difficult even for fully fit people that I’ll be absolutely f-d. Now for stuff like this! it reads like everyone is shutting the doors on me despite doing all the right things for the past 30 years.
Hedgehopper25 on
Doesn’t really need an American Investment Bank to tell us that Welfare spending is ballooning out of control and is unaffordable. Everyone except the loony lefties of Liebour, Libdumbs and Greenflies understands this.
ReductioAdSocialism on
Excellent. Let’s start by gutting any and all corporate welfare.
Matt6453 on
I’m with Zack Polanski, there’s plenty of money in this country but we are terrible at redistributing it. Picking on the poor and vulnerable to balance the books isn’t what a rich country should be doing.
CrowApprehensive204 on
I have no problem with triple lock for pensioners, they have paid in and as the pension age is creeping up, people will receive less years worth
Pip for anxiety/depression/ocd should not be allowed.
SensitivePotato44 on
JP Morgan must go fuck themselves, warns random redditor
Brother-Executor on
Ridiculous that this was not one of the first things Labour did.
Leave A Reply
Du musst angemeldet sein, um einen Kommentar abzugeben.
40 Kommentare
Without a doubt, but would be nice to see Labour look to incentivize people to work, especially on low incomes in tandem with reducing welfare. However I’m not sure if tax breaks/ the carrot are part of their vocabulary.
Yeah – the welfare bill is out of control with the triple lock and skyrocketing PIP claims.
With the size of their parliamentary majority, they’d be well placed to make the tough policy decisions now. However, their noses are too deep in polling data and they’re more interested in being reelected than making good choices for the future of the country.
They should’ve been more prepared to be unpopular in the short term if they were confident that the changes would be positive for growth
Just get rid of all those leeches , next will be the low income folks because they aren’t working hard enough
We know.
We just need a government with a spine for once to actually do something about it
Orrrrrr tax the wealthy and big business properly and it’ll cover it 16 times over
UC is going up 6%…my pay increase is 2.7%…why WOULD anyone want to work? As for incentivising…well that really is a sad state of affairs when not brought up with a moral compass like that to begin with. Why on earth should we encourage someone to work. Beggars belief. At the same time the amount of benefits you can get is enough to decide not to even bother! Such a sad state we’re now in.
Of all the entities whose opinion I don’t care about… JP Morgan is at the top of that list
Bet they don’t even pay their taxes but think they can dictate financial policy.
>warns JP Morgan
totally impartial economic advice then.
100% income tax for income over £1,000,000 per year, or give them incentives to invest their money into small and medium business so they hire people and thus we have less people outta work.
Maybe try taking money from the richest people who most definitely don’t need the money for a very lavish lifestyle, before removing it from the poorest and most needy of persons.
1.3 million people that aren’t UK/Irish citizens on universal credit is a good place to start. It won’t cover the whole bill of course
World’s largest bank tells government to cut spending on poor people.
Why don’t they give us some money from all that cocaine they like to ship around the world
Christ, are JP Morgan really that transparent and stupid??
Of course JP Morgan are going to call for the government to attack the vulnerable by cutting welfare benefits provision. JP Morgan’s whole business is to slavishly serve the richest. They ain’t going to call for a wealth tax now, are they?!
Most people on UC work..people think people on UC are the problem when in reality they are not..it’s the companies underpaying everyone so the government has to step in..as for PIP that’s easy to sort out, anyone who hasn’t had a doctors medical or a therapist or any sort of therapy signed off then their claims get stopped and they have 1 month to provide full evidence otherwise they have to payback everything they had claimed. Benefits is a problem but it’s not the biggest problem it’s a the people abusing it that’s the problem. I’ve always said every area needs help so the people on benefits can help out and learn valuable skills and work ethics, painting,rubbish removal, street sweeping,helping the elderly etc no reasons why these able bodies adults cant do that
I’d rather the money go to businesses to prop them up lol
British steel money allocation etc
Never going to happen with this lot in charge. It will sink us all in the end.
I was sat with my coworkers yesterday who are about 10 years younger than me and they told me about people they knew growing up who don’t do anything. They’ve given up and are basically doing what the Chinese call laying flat. We need to find a way to revitalise and motivate these disenfranchised youth and have a real cultural shift in the UK to a more „you can“ rather than a „give up“ culture
No, Britain must tax it’s wealthiest corporations and and individuals more to pay for necessary public services. There’s no need to cut welfare if you increase tax revenue. We can’t keep doing trickle down economics , it doesn’t trickle down, the rich just accumulate more and more assets and raise living costs on the poor. We’re slow marching towards neo feudalism which is exactly what JP Morgan and their ilk want.
A bank that serves the rich says that 😂 and they’re treated as an important unbiased source
People are too soft. Time to get on with it and pull your weight. Productivity is embarrassing in the UK.
Yes, let’s kill more poor and disabled people, and remove more money from the economy. The last 15 years totally didn’t happen.
OR (hear me out here)
Increase taxes on the rich and estates
Fund social care and mental health support
And actually help people instead of taking the advice of a bank
https://fortune.com/2025/01/24/jamie-dimon-pay-rise-2024-compensation-ceo-succession/
> JPMorgan CEO Jamie Dimon was awarded an 8.3% pay rise in 2024, with his total compensation package coming to $39 million.
Interesting. The money is there, it’s just that more and more of it is being distributed amongst fewer and fewer people.
Fishermen don’t want cuts in quotas… ffs… the fuckers advise the rich so why would they say anything else?
needs to be done better, its a safety net not a preferable option.
No, no we dont.
We just need to tax you, the rich, more
Tax the billionaires and corporations the money they actually owe.
There’s soo much poverty and misery in so many towns that cutting more public funding in these areas is just going cause chaos or a massive internal migration.
Jobs are desperately needed
Yeah Farange will do this no problem, just wait.
Everyone will vote for him as the ultimate solution to the immigration problem, only to not solve anything, axing every bit of wellfare and set sail to another nation like the coward did after advocating for Brexit.
We had 14 years of tories cutting, cutting clearly don’t work the way these rich folk think.
Last time I checked, JP Morgan have never proposed raising taxes on their highest earners or other wealthy people.
Nor do they have any specialist knowledge of disabled people’s issues and the support thats needed.
Sorry, but picking on the most vulnerable is disgusting. You think we’ve got issues in our economy? You pay for them then.
After all, its your greed that’s caused the issues in the first place, no matter which minority you try to divert the blame to.
Yeah sure, cut down on support for my autistic kids, whilst you’re at it, reopen mines and force them down there, why not? We all know they’re just lazy, workshy slackers leaching off society, taking the tax payer for a joke. Thank god for the rich, they’re definitely not taking the piss out of the British tax payer.
£8-10 billion being spent on welfare of citizens of other countries ….
Nothing to do with anything, I’m sure and so will be liberal idiots and otherwise knowing socialists.
I have MS. Have never claimed but seeing stuff like this makes me incredibly worried. I always believed the system was set up that should I get too sick to carry on working I wouldn’t have to worry too much. Been paying in to the system since I was 16. But now my job is becoming increasingly hostile to disabled employees and theres no guarantee they won’t try to write us out with employment tribunals with this new wave of position displacements etc I’m terrified of being forced out into a job market that is so difficult even for fully fit people that I’ll be absolutely f-d. Now for stuff like this! it reads like everyone is shutting the doors on me despite doing all the right things for the past 30 years.
Doesn’t really need an American Investment Bank to tell us that Welfare spending is ballooning out of control and is unaffordable. Everyone except the loony lefties of Liebour, Libdumbs and Greenflies understands this.
Excellent. Let’s start by gutting any and all corporate welfare.
I’m with Zack Polanski, there’s plenty of money in this country but we are terrible at redistributing it. Picking on the poor and vulnerable to balance the books isn’t what a rich country should be doing.
I have no problem with triple lock for pensioners, they have paid in and as the pension age is creeping up, people will receive less years worth
Pip for anxiety/depression/ocd should not be allowed.
JP Morgan must go fuck themselves, warns random redditor
Ridiculous that this was not one of the first things Labour did.