Budget

[gas112]

They're dealing with the shambles they were left, and doing it well so far.

but surely they had a plan in place for taxing the big boys after saying it for so long why was it not implemented straight away like the attack on the pensioners and the young the money raised would have over filled that black hole

 

[denso13]

Good things come to those who wait.

 

[mitch66]

(Removed)

Why are you so angry again? How do you manage in real life?

 

[aveatry]

Why are you so angry again? How do you manage in real life?

Probably a violent thug that talks with his fists from the sound of most of his posts.,

 

[mitch66]

Probably a violent thug that talks with his fists from the sound of most of his posts.,

Can't see it myself.

 

[Murdochcat]

(Removed)

Do you never stop and think about what you contribute?

Blunt, rude and unnecessary

If I was a moderator, you would be getting a holiday

 

[fillyboy]

Breaking news - right wingers don't like the Labour Government. You heard it here first...

Quite a few lefties I know aren't overly keen on them, I'd go as far as to say some regret voting for them, it's really not what they were expecting nor led to expect by way of their manifesto.

 

[carmanmemoranda]

I would guess that a lot of people that voted for them aren't supporters.

But they were, and still are, the better choice of the options available

 

[Murdochcat]

I suspect a lot of people are very unhappy that their pension pot may be taxed at 67%

 

[ajohn]

Quite a few lefties I know aren't overly keen on them, I'd go as far as to say some regret voting for them, it's really not what they were expecting nor led to expect by way of their manifesto.

The shadow Tory treasury man admitted that there was a £9.5b black hole. The interviewer asked about the blood and PO compensation scheme. Answer - not included, just find the money from somewhere. Other bits and pieces have been found. It all stacks up.

So Reeves has wiped the slate clean. As far as the public purse goes the fiscal plan is ok and does leave a budget surplus at the end. The surplus is intended to cover things that crop up. Fact is the 9.5 wiped that out. Debt now wont be needed. Any of that will be used for investment likely to increase growth.

 

[carmanmemoranda]

I suspect a lot of people are very unhappy that their pension pot may be taxed at 67%

I suspect a lot of people are very unhappy that the countries finances were left in such a mess. But better to face up to it and sort it, than carry on letting it get worse.

 

[motorbiking]

1. As students pay a essentially a graduate tax based on salary they have no added one fig to student debt, 30 years at the average payment of £65 per month will never erode the 60k debt + interest ...
2. Make it harder for young people to get work... in fact if as you say businesses will seek to lower their tax bill the under 21's will have a job's bonanza as their rate of pay is £2.20 per hr less than an over 21.
3. Lower paid people have their wages topped up by the taxpayer...why should I who pays a shed load of tax be paying for a manky business man to line their pockets with my tax ?
4. If you bother to read the new stamp duty then you will find that first time buyers are exempt from stamp duty up to 425k...

1 which they pay anyway. Through higher taxes
2 no they will avoid hiring 18 year olds because they have to pay them more
3 because the alternative is for them to be out of work
4 300k from March

 

[motorbiking]

but surely they had a plan in place for taxing the big boys after saying it for so long why was it not implemented straight away like the attack on the pensioners and the young the money raised would have over filled that black hole

Because they will always find a way to avoid it and more. Once a government declares war on business, tax avoidance is back on the boardroom agenda. The same with higher paid people.

 

[Notch7]

Once a government declares war on business

Brexit was the biggest war declared on business since the war.

 

[motorbiking]

Brexit was the biggest war declared on business since the war.

Not my business.