Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
tom
i think i agree with your last posting lol
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Guest 710- Registered: 28 Feb 2011
- Posts: 6,950
Keith,
I committed words, 3-4-5-6-7 & 8 (of your comment #81) to my permanent record. They have a section all to themselves.
Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
its the way you tell em lol
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Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
Here are a few headlines from the hugely anticipated Budget
50p tax rate abolished..becomes 45p...as expected, despite uproar to the contrary
Earnings increased before tax kicks in, increased to £9205 level..welcomed
37p on a pack of fags..they like kicking cigarette smokers
Rise in stamp duty to 7% for houses above £2million
The 3p rise in fuel duty will go ahead in August
Corporation tax to come down to 24%..further fall in 2014
Alcohol duty remains the same.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
a couple of points here, the chancellor trundled out what all chancellors do about the tax rise on tobacco all for our own good health wise, then freezes booze tax rates!!
i thought george said that the top rate of tax would be cut in april 2013 unless i misheard.
Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
Yes Howard you are right there..the 50p rate is axed but it doesn't kick in until April next year. meanwhile Ed Balls the Shadow Chancellor has been on the BBC saying its extraordinary to place so much more money into the pockets of the rich in the vague hope that they will opt to pay more tax because of the lower rate...this is the Conservative notion, but will the richest members of society keep avoiding tax anyway? Cant see them shutting down those offshore accounts myself.
The cigarettes are an easier target Howard. Alcohol - while producing just as bad health damage across the community, is also seen as a social pursuance, so just about has a better image.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
yes but the main social problem we have is binge drinking and the effects so i expected the chancellor to look suitably solemn and say that the rise is for own good.
the social costs of excessive drinking are staggering, the hospitals are inundated on friday and saturday nights with drink related injuries and illnesses. we then have the problem of domestic violence and general street brawls where the tax payer funds the police to take the brunt of it.
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
at a guess there an increase of people doing day trips to france and belguim to get cheap fags etc.on the down side h.m customs will be having a field day confiscating the lot.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Balls is merely demonstrating a mix of ignorance and political mischief making. The reduction to 45p puts more money in the hands of the Treasury as it is less damaging than the 50p rate but, nevertheless must still go back to 40p as soon as possible. Overall these budget measures result in a massive increase in the total tax-take from the rich in a manner that is less damaging economically.
Guest 677- Registered: 8 Jul 2008
- Posts: 150
I heard that the reason the higher tax rate is going down to 45p is that it raises so little revenue that it makes no difference whether it's 45 or 50p. This tax rate affects such a low percentage of the population that the amount of press it's getting is actually quite ridiculous. There are more important things to worry about, for example well done on raising the threshold but really without significant thought to fuel prices (I am not talking about cars as I don't drive), food prices and house prices then the raise in threshold is going to mean nothing in practical terms.
It's not the man in my life, its the life in my man!!
Guest 675- Registered: 30 Jun 2008
- Posts: 1,610
I predict that the results of this budget will be a raise in business for loan companies and a busy night for financial consultants, tax consultants and accountants as they rework their way through the loopholes. The tabloids will have a couple of days saying how the poor are better off before going back to demonising the poor, the sick, the unemployed and the immigrants.
Politics, it seems to me, for years, or all too long, has been concerned with right or left instead of right or wrong.
Richard Armour
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Its worse than that Steph, it actually costs HMRC money and it would have a cumulative effect. On self-assessment it raised £1bn instead of £2.4bn Brown claimed it would, but the overall effect taking into account a range of other taxes means it will have lost money even in that first year. Osborne has been clever in a whole range of measures, many not in the speech, that will result in a massive increase in tax from the wealthier without causing the economic damage that 50p rate does. I will blog about this once I have finished studying detailed measures - the devil is always in the detail not in the speech....
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
funny how cable had that false smile throughout the budget sppech as though he was thinking "We are about to scrw you lot if only you knew it"
but sadly we do
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howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
i missed that keith, just heard bits in the background, barry is right about the detail.
i remember the last one and all the nasty stuff left out of the speech.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
funny thing is howard
his own party distrust him
the tories dont trust him
not realy got much going for him
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howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
i think his mother quite likes him sometimes keith.
the yellows are looking a bit silly at the moment, saw norman baker on the box trying to talk over john denham and claiming the budget was a great success story for his party.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
lib dems will be nearly non existent next election
wiped out in most councils
commons will be next
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Guest 715- Registered: 9 Jun 2011
- Posts: 2,438
The top of the tree Lib Dems now speak as Tories, the rank and file need to break away from them and start a new party with their own beliefs which are a million miles away from the direction Clegg and Co have taken them.
Audere est facere.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
martin;
prior to the last general election the lib dems were more in touch and radical than labour
now the lib dem leadership has lost its way
there would be no surprize if alexander and clegg joined the tories after next election
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Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
There is a thing called collective responsibility and it applies to Cabinet members of the Government and well as local councils, so it's not surprising that they agree (mostly) in public with the decisions reached.
Roger
