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Post by phileetin on Mar 6, 2024 16:37:40 GMT
every little helps
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Post by Paul Spencer on Mar 6, 2024 16:40:39 GMT
Would have liked to have seen the tax threshold increased today but at least workers are being thrown a bone with a NI reduction. Which workers are you talking about mate? If you earn £28k a year, you will be worse off. If you earn £280k a year, you'll be better off.
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Post by gawa on Mar 6, 2024 16:49:26 GMT
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Post by elystokie on Mar 6, 2024 16:54:39 GMT
well , vat registration point increased to 90k from 85 k for a start . Looking forward to that transforming the economy. Wait until tomorrow when the Daily Mail's been printed and they've put their, undoubtedly duplicitous, spin on it. He might have some more ammunition then 😄
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Post by gawa on Mar 6, 2024 17:18:23 GMT
Looking forward to the premiere for the sequal of Austerity in the coming year. I wonder if "feel the pinch" will be making a return too. Or will "we're all in this together" also make an appearance.
At least one MP gets it.
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Post by LL Cool Dave on Mar 6, 2024 17:55:24 GMT
To be fair to to the absolute wankers, we were affected by the child benefit threshold change so we're 150 quid a month better off than we were last month when we had to opt out of it, so that was a surprise.
Pretty ineffective budget aside from that.
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Post by backintheday on Mar 6, 2024 18:07:23 GMT
Looking forward to the premiere for the sequal of Austerity in the coming year. I wonder if "feel the pinch" will be making a return too. Or will "we're all in this together" also make an appearance. At least one MP gets it. Quite ironic really seeing as the last labour government left a note on the chancellors desk saying’good luck there is no money left’ i am apolitical but some people do have short memories. it’s about time politicians put the tribalism to one side and have grown up conversations about what’s needed for the country asa whole
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Post by bigjohnritchie on Mar 6, 2024 18:13:55 GMT
I've never known a time in my lifetime when there is such a disconnect between politicians and the people. There seems to be little understanding. In my opinion The budget will do precisely the opposite of what Sunak hoped...it will encourage many to vote Labour. If there was an option on the ballot paper " none of the above " I honesty believe we would have a record turnout and a landslide ( perhaps it was always the case, but nowhere near the situation today)
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Post by Seymour Beaver on Mar 6, 2024 18:20:21 GMT
Looking forward to the premiere for the sequal of Austerity in the coming year. I wonder if "feel the pinch" will be making a return too. Or will "we're all in this together" also make an appearance. At least one MP gets it. Quite ironic really seeing as the last labour government left a note on the chancellors desk saying’good luck there is no money left’ i am apolitical but some people do have short memories. it’s about time politicians put the tribalism to one side and have grown up conversations about what’s needed for the country asa whole Outgoing Chancellors have always left a similar note - it's a Westminster tradition. It's just that Osborne decided to be the sneak the wet wanker probably was at school and to make an issue of it. That said the 'credit card' analogy pisses me off - as well as being fundamentally wrong. Government spending is not like household spending and Austerity (as well as being bad for public health) is bad for growth as ultimately it depresses investment. Your wish for the abandonment of tribalism is - I'm afraid - doomed. The current electoral system encourages confrontation above collaboration.
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Post by RedandWhite90 on Mar 6, 2024 18:41:27 GMT
Looking forward to the premiere for the sequal of Austerity in the coming year. I wonder if "feel the pinch" will be making a return too. Or will "we're all in this together" also make an appearance. At least one MP gets it. Quite ironic really seeing as the last labour government left a note on the chancellors desk saying’good luck there is no money left’ i am apolitical but some people do have short memories. it’s about time politicians put the tribalism to one side and have grown up conversations about what’s needed for the country asa whole Are you Greg Hands MP?
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Post by thehartshillbadger on Mar 6, 2024 18:49:40 GMT
Can’t wait for Talking Pints tomorrow night 😀
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Post by oggyoggy on Mar 6, 2024 18:51:24 GMT
Looking forward to the premiere for the sequal of Austerity in the coming year. I wonder if "feel the pinch" will be making a return too. Or will "we're all in this together" also make an appearance. At least one MP gets it. Quite ironic really seeing as the last labour government left a note on the chancellors desk saying’good luck there is no money left’ i am apolitical but some people do have short memories. it’s about time politicians put the tribalism to one side and have grown up conversations about what’s needed for the country asa whole You do realise that since that Labour government our country’s debt has increased by more than the amount of money every single government has spent in the entire 20th century combined. The tax take is at the highest level ever but public services are all worse than when labour left power, we are all poorer, we pay more tax, the debt level has gone through the roof. It is much, much worse now than when labour left power.
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Post by oggyoggy on Mar 6, 2024 18:52:53 GMT
Can’t wait for Talking Pints tomorrow night 😀 Yes but didn’t he love Kwarteng and Truss’ budget!?
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Post by thehartshillbadger on Mar 6, 2024 18:55:15 GMT
Can’t wait for Talking Pints tomorrow night 😀 Yes but didn’t he love Kwarteng and Truss’ budget!? You’re getting him confused with Rossi mate
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Post by Seymour Beaver on Mar 6, 2024 19:08:17 GMT
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Post by oggyoggy on Mar 6, 2024 19:23:33 GMT
So the CGT changes are all about increasing money in the pockets of the super rich - like Jeremy Hunt.
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Post by oggyoggy on Mar 6, 2024 19:26:17 GMT
The budget means that government departments are set to see real-terms budget cuts of 2.3 percent a year from 2024/25. The government confirmed it hasn’t factored in a further penny in compensation for the infected blood scandal (which could cost up to £20 billion) or the Horizon scandal beyond the £1 billion committed so far. And it kept up the pretense that fuel taxes could rise in 12 months, which never happens.
Hunt “confirmed a wider set of decisions which keep the overall tax take rising to its highest level in over 70 years,” OBR boss Richard Hughes said in an afternoon briefing. “And by leaving departmental spending plans largely unchanged amid higher inflation growth, he has also chosen no real growth in spending per person on public services over the next five years.”
Jeremy Cunt.
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Post by thehartshillbadger on Mar 6, 2024 19:27:00 GMT
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Post by superjw on Mar 6, 2024 19:29:08 GMT
To be fair to to the absolute wankers, we were affected by the child benefit threshold change so we're 150 quid a month better off than we were last month when we had to opt out of it, so that was a surprise. Pretty ineffective budget aside from that. I agree actually, it’s always been a horrendously unfair system and not changed in over 10 years or something like that. As you say nice surprise, it’s likely going to be up to labour to keep it like that though!
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Post by elystokie on Mar 6, 2024 20:17:47 GMT
Similar to when he bet 10k on Trump? Proper hilarious that was 😄
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Post by thehartshillbadger on Mar 6, 2024 20:37:37 GMT
Similar to when he bet 10k on Trump? Proper hilarious that was 😄 Such a card isn’t he😉
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Post by 828492 on Mar 6, 2024 23:33:53 GMT
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Post by Gods on Mar 6, 2024 23:52:03 GMT
Yeh but nobody on a regular wage has 25k disposibal income to throw into an ISA. So really the only people who will likely benefit are the wealthiest? A bit like the tax free pension contributions going from 40k to 60k last year? So that's 25k they can use to invest in their future and pay no tax on. Assuming they are in the 45% tax bracket, that us £11,250 saved on tax a year for them. Yet if you earn (not save) £15k per year you get £49 more in your pocket? So for every 225 people earning 15k. They'll have potentially saved the same amount on tax as one person in the top tax bracket maxing out their pension and isa contributions. It's a joke. Isa investements are only tax free on the interest they earn. So an extra £5k invested tax free vs capital gains taxable on - say - 5% fixed interest is worth 20% of £250. I appreciate £25k is out of reach for a lot of people but for people who are investing and extra £5k at a time when CG thresholds are being reduced anyway are neither here nor there. It's another case of taking with one had and giving with the other in the hope of pulling the wool over the eyes of wavering Tories. And it certainly won't be of interest to anyone who is genuinely 'rich'. I made that same calculation myself, the extra £5k allowed barely adds up to a row of beans.
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Post by adri2008 on Mar 7, 2024 7:09:25 GMT
He makes some good points as usual though I disagree with abolishing the 2 child benefit cap part - I always felt that was a reasonable enough policy (I have 3 children myself).
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Post by essexstokey on Mar 7, 2024 7:44:14 GMT
Just watched the hunt on BBC breakfast Tax burden will rise for the next 4 years under the tories His figures don't add up he wad just using soundbites and smoke and mirrors. Defending liable payments for liable payments
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Post by toppercorner on Mar 7, 2024 8:45:38 GMT
The planned abolition of NI, can only mean the planned abolition of free health care on the NHS, and zero pension for the younger generations.
cheers Tories
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Post by phileetin on Mar 7, 2024 9:02:47 GMT
To be fair to to the absolute wankers, we were affected by the child benefit threshold change so we're 150 quid a month better off than we were last month when we had to opt out of it, so that was a surprise. Pretty ineffective budget aside from that. a hairdresser whose turnover is 85100 for the year ended 31 march 2024 won't have to register for vat so she /he / they ? will now be 14183.33 better off .
pretty effective budget aside from that as well ?
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Post by Huddysleftfoot on Mar 7, 2024 9:04:32 GMT
The planned abolition of NI, can only mean the planned abolition of free health care on the NHS, and zero pension for the younger generations. cheers Tories And yet again - not one mention of this in their manifesto.
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Post by Huddysleftfoot on Mar 7, 2024 9:05:42 GMT
To be fair to to the absolute wankers, we were affected by the child benefit threshold change so we're 150 quid a month better off than we were last month when we had to opt out of it, so that was a surprise. Pretty ineffective budget aside from that. a hairdresser whose turnover is 85100 for the year ended 31 march 2024 won't have to register for vat so she /he / they ? will now be 14183.33 better off . pretty effective budget aside from that as well ?
Not quite sure what you were watching mate. The vast majority of working people are going to be worse off.
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Post by henry on Mar 7, 2024 9:12:35 GMT
Who national insurance change helps the most: Good year for top earners especially if you're a banker. Bonuses uncapped. Pensions uncapped. Extra grand from national insurance nearly. Shame about low earners though. The extra £49 won't go far especially as these people likely rent and face increases in rent 20x that amount. In the interest of fairness why don’t you post a snazzy graph showing how much more those nasty higher earners pay in national insurance. That way we can see someone on 50k pays £2980 a year to receive the same dogshit services as the 25k earner who pays £980.
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