Is money tight or is there plenty? Reeves's Treasury doesn't seem to know
- Bias Rating
- Reliability
40% ReliableAverage
- Policy Leaning
10% Center
- Politician Portrayal
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Bias Score Analysis
The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.
Sentiments
-15% Negative
- Liberal
- Conservative
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Reliability Score Analysis
Policy Leaning Analysis
Politician Portrayal Analysis
Bias Meter
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Contributing sentiments towards policy:
59% : The so-called "mansion tax" is the latest example.57% : By October, she was mulling an annual levy on a percentage of the value of homes over a certain level.
54% : Back in August, it was reported that Reeves might apply capital gains tax to higher-value family homes.
53% : She seems to see no problem with tax complexity, so she is content to add further twists and tangles to our mammoth 23,000-page tax code for little financial benefit.
53% : Is growth the priority, to be able to afford the state Labour wants or is the economy an afterthought to regulating more and growing the welfare bill?
50% : Even while we're still being told about tough choices, the necessity of tax rises and the value of preserving fiscal headroom, it appears the Chancellor has signed off on a multi-billion splurge on subsidising train tickets and abolishing the two-child benefits cap. Is money tight, or is there plenty to go around?
49% : As recently as last week, this had transmuted into a revaluation of council tax bands, with a supercharged tax rate for homes worth over £1.5m. Now, after realising that there are quite a lot of houses, particularly in London, which fall into that category but which are a long way from the status of "mansion" - many occupied by people who are asset-rich but are cash-poor - we are told that the threshold will be £2m instead.
47% : Her own decision to raise the jobs tax in last year's Budget, combined with dogmatic measures like the Employment Rights Bill, have blunted the economy and made her job far harder.
47% : Mere months have passed between the Chancellor and her Cabinet colleagues lecturing MPs on the importance of restraining their left-wing instincts in order to guarantee fiscal responsibility, and the very same ministers bringing forward a mess of a "mansion tax" as red meat to appease the MPs they once sought to rein in.
45% : That was deemed necessary to neutralise the party's poor reputation when it comes to raising taxes, and in return, the rest of the Government was meant to practice spending restraint.
44% : By losing authority over their own backbenches through the mishandling of the winter fuel allowance and then welfare reforms, they have failed to bring Reeves the savings that she would require to abide by the manifesto.
42% : That uncertainty gives the impression of a cowardly Treasury, which is sufficiently unsure of its motives that it keeps running away from ideas that it suggested in the first place, like raising income tax.
38% : A confusing tax, raising less than previously advertised, levied for unclear reasons - which won't come in for years - and even then only after a complex and controversial rebanding and revaluing exercise.
37% : At times, it has even appeared that their approach is a massive brainstorm and focus group exercise, leading voters and the markets in an unedifying hokey-cokey on income tax, inheritance tax, wealth taxes, tax thresholds, pensions taxation, VAT, tuition fees and more. As well as an insult to the House of Commons and a snub to convention, it's an unwise approach to economic management.
*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.
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