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Torsten Bell
@TorstenBell
MP for Swansea West @torstenbell.bsky.social
Joined January 2014
963
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86.6K
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  • user avatar
    Torsten Bell
    @TorstenBell
    Oct 5, 2021
    Tomorrow 4.4 million households, with 5.1m adults and 3.5m children, will see their incomes fall by £1,000 overnight. For 1 million households that will mean an immediate loss of over 10% of their income as we take the basic rate of benefits to its lowest level since 1990
  • user avatar
    Torsten Bell
    @TorstenBell
    Nov 19, 2024
    Tax due if parents hand on £3m house: £940k Tax due if parents hand on a £3m farm: £0 A reminder of significant tax advantage to farmers vs everyone else AFTER these changes
    1.8M
  • user avatar
    Torsten Bell
    @TorstenBell
    Sep 23, 2022
    Any of you earn £1m? You're getting a £55k tax cut next year - twice what a typical earner brings home a year
  • user avatar
    Torsten Bell
    @TorstenBell
    Sep 5, 2021
    Out of interest is anyone actually defending the principle of a National Insurance rise that means: - the landlord with hundreds of properties pays exactly zero pence, while workers foot the bill - the 66 year old on £50k pays nothing, the 25 year old on £20k coughs up £100
  • user avatar
    Torsten Bell
    @TorstenBell
    Sep 28, 2022
    This is by far the worst unforced economic policy error of my lifetime
  • user avatar
    Torsten Bell
    @TorstenBell
    Jan 8, 2025
    Absolute garbage of a headline - what just happened is that a bill to protect vulnerable young people was voted through
    user avatar
    BBC Politics
    BBC News (UK)
    @BBCPolitics
    Jan 8, 2025
    Conservative bid to force grooming gangs inquiry voted down bbc.in/40qYY5J
    525K
  • user avatar
    Torsten Bell
    @TorstenBell
    Sep 2, 2022
    For anyone still thinking we just need to "tough out" this winter because that's what used to happen in the olden times, I have a chart for you
  • user avatar
    Torsten Bell
    @TorstenBell
    Jan 3, 2024
    As a young adult in 1997, the most common living arrangement was being in a couple with children. Today the most common is... living with your parents
    2.8M
  • user avatar
    Torsten Bell
    @TorstenBell
    Jul 7, 2024
    I’ve walked into this building hundreds of times over the years, but today feels very different…
    602K
  • user avatar
    Torsten Bell
    @TorstenBell
    Nov 18, 2023
    Gentle reminder you can currently inherit almost 4 average priced homes tax free (£1m value). That’s worth more than an entire lifetime of full-time work on the minimum wage (£917k) which (obviously) we very much do tax
    846K
  • user avatar
    Torsten Bell
    @TorstenBell
    Oct 15, 2022
    You know what's a bigger deal than today's political chaos? The mortgage bill surge that's coming 🧵
  • user avatar
    Torsten Bell
    @TorstenBell
    Apr 26, 2022
    Currently in Washington so I’m behind the curve on UK news… but if the ‘answers’ being proposed to a massive and immediate energy driven cost of living crisis are long term regulatory reforms of childcare and MOTs then we have lost the plot
  • user avatar
    Torsten Bell
    @TorstenBell
    Nov 19, 2024
    So much misinformation around today on who will be affected by changes to inheritance tax - and lobbyists pretending the data isn't clear to obfuscate. We have detailed data on estates so the truth is in fact very clear if you care to look 🧵
    990K
  • user avatar
    Torsten Bell
    @TorstenBell
    Sep 14, 2021
    We have basically just wasted the summer in Covid policy terms haven’t we?