Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
quite simple really gary,certain things will go up [fags,beer,wine,spirits and petrol],benifits will rise but then taken away by stealth taxes,price of food etc.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Because you usually thrive on the left/right thing, Keith....
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
peter
nay mate lol
there is no doubt i come from the old lefty school
but that said i'm happen to listen to others points of viiew
iv also said on here there are issues such as benefits that barryw and I are not poles apart on.
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Nor me, Keith. In fact the differences between the parties are not about what is wrong with the country but how to sort it.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
peter;
cant take any more pills in case of over dose lol
but this agreeing lark is becoming a concern lol
ALL POSTS ARE MY OWN PERSONAL VIEWS
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
you may have to develop a taste for pickled eggs keith.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
i love em
ALL POSTS ARE MY OWN PERSONAL VIEWS
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
kieth,a marmite moment perhaps.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
BRIAN;
Can't stand the smell/taste of marmite
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 671- Registered: 4 May 2008
- Posts: 2,095
Brian. #21
"My New Year's Resolution, is to try and emulate Marek's level of chilled out, thoughtfulness and humour towards other forumites and not lose my decorum"
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
the latest murmerings are that the top rate of tax will be cut to 45%, if true a classic fudge.
Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
Osborne and Balls were on the Andrew Marr Show this morning...
saying the usual stuff...one is right and one is wrong. Which one of course all depends NOT on your informed point of view but more on your political persuasion because as with so much of this stuff there are no real total experts. Knowledgeable guesswork is the way of economics..ermm, and so much else.
Osborne was for plugging the tax on foreigners coming here and buying houses in company names and thus avoiding stamp duty etc etc...but he avoided the big issues, which I suppose is fair enough as the budget is only a few days away. Plugging the foreign loophole has everyone's agrreement and is a populist move to take the eye off the other failings..but its fairly small and is being flagged up out of proportion which makes you wonder why.
It is rumoured that Clegg has secured from Osborne's Budget a minimum of £10,000 before people pay tax at all. If indeed he has secured such a deal it will be welcome by all I'm sure. It will give the poorer members of society a decent tax lift at last, give them a chance to get that bit further out of poverty and a chance maybe to spend a little more on High St UK, thereby helping with a revival. Of course this is all speculation, as we will have to wait and see in the Budget when its read out by gorgeous George.
The £10,000 point before you are liable to tax would also give the 'squeezed middle' a break which should go down well with the Libdem voter, the Libdem voter is a squeezed pip if ever there was one.
Howard refers to the 45% rate there...that will certainly give the rich a break, but I hope Osborne doesn't forget the other end of the scale. If he does it could be political dynamite.
Guest 710- Registered: 28 Feb 2011
- Posts: 6,950
I thought I'd read something that painted a less rosy picture of the 'benefits' of raising the tax threshold...
"Doubts about the £10,000 threshold came to a head last week when the influential Institute for Fiscal Studies published a report warning the policy fails almost every test:..."
...and here it is...
http://www.guardian.co.uk/uk/2012/mar/16/budget-tax-trade-off-osborne?INTCMP=SRCHIgnorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
It is hard to disagree with the Institute of Fiscal Studies but as I said above in post 32.. a case can be made for almost every scenario. I am a great believer in the raised threshold as it affects with good fortune the very lowest earners and those struggling immediately above. It is true however the benefits will also be felt further up the scale hence my reference above in post 32 to the 'squeezed middle'. This group will also benefit, perhaps not an ideal situation but what can you do, as it is nigh impossible to get something in place that's effective and fair right across the board without somebody benefitting
... however it all goes into stimulating the economy. But most important in all this...the lowest paid must be ..must be..given a break to the good.
Guest 710- Registered: 28 Feb 2011
- Posts: 6,950
It will, as you say Paul, stimulate the economy. After all it is bound to keep those on low wages on low wages. Any wage increase they may think is their due for an increase in productivity or profit will have been awarded them by the "hard pressed tax-payer"?
This may also result in less accounting work or worries for the employer of, cleaners & toilet attendants etc.
That it may tip a few of the squeezed-middle out of tax credits is swings and roundabouts, right enough.
When the low waged (and therefore untaxed) are scorned as undeserving of the vote, doubtless they can point to indirect taxation as their saving grace. Lucky old they too when NI is bundled into general income tax they shall again be roundly justified in hanging on to the franchise.
Now...where did I put my tongue?
Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
# 32........if the 50p tax,which is paid by the top 1% highest paid,is lowered the general public will regard the Budget to
favour the rich as per all policies since the election................
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
The more educated and intelligent will see that getting rid of the 50p rate will help the poor as it is they who pay the price from the reduced tax-take caused by such a penal tax rate not to mention the detrimental effect on growth and jobs.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
we shall have to rise to the intelligent and educated standards that you have set barry.
i will endeavour to work harder.
at 38
Guest 698- Registered: 28 May 2010
- Posts: 8,664
#36 so what? By the time we go to the polls again it will have contributed to an improvement in the public finances and most people will have forgotten. Dogma and gesture politics should play no part in the serious business of government.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
