Budget

[motorbiking]

Because those who'd be hit, would convert salary to capital gain, to reduce their tax bill.

We decided to do this at my firn to reduce the NI burden.

 

[Notch7]

Well since i posted this


Notch dismissed it ----


Well its gone up a NOTCH now

Winter fuel cut to push up to 100,000 pensioners into poverty, DWP analysis shows

The Government faced a backlash for axing the winter fuel payment for all but the poorest pensioners

inews.co.uk

Pensioner who own a house aren’t in poverty.
So that’s 80% of them


It is noted Aveatry was never bothered about the big rise in child poverty and in work poverty…..but of course Aveatry falsely claims these people have plenty of money they just need to “cut down on their Netflix” or “they have the latest iPhone”.

Aveatry hates people on benefits….he says they are “benefit scroungers” the Daily Mail made him believe it

 

[Notch7]

I didn’t mean say it before the election, just do at the budget

They can’t really do that, there would be a massive uproar and questions about not having a mandate to do the opposite of what they promised.

Politics means bad decisions are made.

What you suggest, would be a sensible solution that wouldn’t affect the economy so much…..they should’ve done that rather than end the fuel allowance. They could’ve set the farmers IHT at a higher starting point as well, or restricted it to those actively farming for 5 years previously or something

 

[Murdochcat]

Petition: Call a General Election

I would like there to be another General Election. I believe the current Labour Government have gone back on the promises they laid out in the lead up to the last election.

petition.parliament.uk

 

[Murdochcat]

They can’t really do that, there would be a massive uproar and questions about not having a mandate to do the opposite of what they promised.

Politics means bad decisions are made.

What you suggest, would be a sensible solution that wouldn’t affect the economy so much…..they should’ve done that rather than end the fuel allowance. They could’ve set the farmers IHT at a higher starting point as well, or restricted it to those actively farming for 5 years previously or something

Hum.

They aren’t exactly enacting what they said they would do

 

[carmanmemoranda]

Petition: Call a General Election

I would like there to be another General Election. I believe the current Labour Government have gone back on the promises they laid out in the lead up to the last election.

petition.parliament.uk

You want the Tories back in?

That short a memory ?

 

[Murdochcat]

You want the Tories back in?

That short a memory ?

Absolutely not.

Just want a more balanced parliament because a party who only won 33% of the vote has such a huge majority it’s not good for anybody.

As it stands they can get away with doing anything

 

[Murdochcat]

Pensioner who own a house aren’t in poverty.
So that’s 80% of them

You really believe that ?

You obviously aren’t anywhere near retirement

So let’s do some simple sums

Homeowner pensioner on £11500 state pension give about £221 per week

Minus eg

£2000 council tax £38 per week
£2000 Dual fuel £38 per week
£500 water £10 per week
£2000 food £38 per week
£1000 other bills £19 per week
£1000 transport £19 per week

Total £162 per week

Leaves then about £50 for everything else

That is not well off, that’s probably relative poverty

 

[blup]

What i simply don’t understand about the budget is why Labour didn’t raise the top rate of tax to 50% and the upper limit of NI from 2% to 5%

Simple to do, brings money in immediately and hits the people with the broadest shoulders

Major dropped income tax rates massively just before the 97 election and Bliar pledged to keep them that way. Its embedded in party dogma across the board, to do otherwise would spell- it is said- electoral disaster, Even the lib dems dropped income tax rises in their manifesto, and they were never going to get into power. But there is no better time to do it than now with his massive majority. Instead farmers have to pay iht.

 

[carmanmemoranda]

Absolutely not.

Just want a more balanced parliament because a party who only won 33% of the vote has such a huge majority it’s not good for anybody.

As it stands they can get away with doing anything

Right or wrong it's what we all voted for.

Just like happened with the Tories.

 

[carmanmemoranda]

You really believe that ?

You obviously aren’t anywhere near retirement

So let’s do some simple sums

Homeowner pensioner on £11500 state pension give about £221 per week

Minus eg

£2000 council tax £38 per week
£2000 Dual fuel £38 per week
£500 water £10 per week
£2000 food £38 per week
£1000 other bills £19 per week
£1000 transport £19 per week

Total £162 per week

Leaves then about £50 for everything else

That is not well off, that’s probably relative poverty

Assumes no savings or other assets.

Those without any, may well qualify for wfa still

 

[aveatry]

Aveatry hates people on benefits….he says they are “benefit scroungers” the Daily Mail made him believe it

That is an out and out lie and a step too far even for you. Show me where I have said “benefit scroungers” ever - anywhere on this forum. Or edit and remove the lie.

 

[ReganAndCarter]

72 MPs how many tory MPs are there?

I suppose there's a chance The Tories might regroup and recover. Lib Dems havent had any relevance since the Lib Con coalition.

 

[aveatry]

these people have plenty of money they just need to “cut down on their Netflix” or “they have the latest iPhone”.

Yep I stand by that or at least the notion that they would be far better off if people stopped paying out for.
Phone contract for the latest Iphone or any other flagship phone
Sky Sports,
Sky TV
and all the others Disney paramount Netflix
car finance for a flash Audi
Starbucks coffee per month
3 takeaways per week
holidays to Cancún.
Pet dogs and vet insurance
Tattoos
Fags

 

[ReganAndCarter]

, or restricted it to those actively farming for 5 years previously or something

That is already the case - has been for a long time. When you fill out IHT400 inheritance tax return, there is a seperate section for the agricultual land/assets exemption. On this you have to show that the land, etc was either used for agricultural use by the deceased or it was leased out to someone else for agricultural use. You can't just inherit agricultural assets with a tax exemption if those assets weren't used for agricultural purposes.

That's why the Labour land grab is unnecessary - just a spiteful socialist cash grab from the doers and productive sections of society, not worrying about the risk to our food supply.