Rishi Sunak's Spending Review: Four things to look out for
24/11/2020
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The Spending Review marks the start of the chancellor's economic recovery strategy. Here's what to watch for.
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gerald niblet
24/11/2020 09:43:20
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bbc
Somebody has to pay for it ....
Fire up the MMT
Somebody has to pay for it ....
The present aid target should be cut even if it means a change in the law makes it permanent. We don’t have the money to send overseas and would be paying this from increased borrowing. It’s ridiculous that we are sending aid to China, the second largest economy in the world. We are even sending money to India which has a space programme when our own BAME communities are experiencing inequalities.
Rishi needs to raise taxes otherwise its all bs...you can't seriously recoup £400bn by trimming an already down to the bones public sector and pay freezes.
Suspect he'll be kicking the can further down the road for future generations to pay.
Suspect he'll be kicking the can further down the road for future generations to pay.
So, how do you propose he raises taxes from people that aren't working anymore because they got made redundant due to the ridiculous overreaction to a flu virus?
Of course he will, need to signal potential rises far enough in advance so the accountants can design new schemes for the metropolitan elite to avoid paying the tax.
That's why there were hints on Capital Gains tax reform a couple weeks ago, so no one who can afford a half decent accountant needs to pay CGT when it's reformed.
That's why there were hints on Capital Gains tax reform a couple weeks ago, so no one who can afford a half decent accountant needs to pay CGT when it's reformed.
The problem is we have too many disfunctional families where no parent works, they are on benefits, have housing benefit, are consuming social workers time (hence cost), same with police time etc etc who basically cost the state a lot & they give back nothing to the system. Then we have hard working middle earners (say 50-100k) getting nothing being hammered as an easy target
Overseas aid budget is "in the firing line"? It should be shot down completely to zero before anything else is done.
Why? Do you actually understand the purpose of Foreign Aid? It would seem not.
Sunak has dug himself a hole, with no idea how to get out of it. Expect pay freezes and tax rises. Except these are precisely what was ruled out in the Tory manifesto. What to do...
What to do? Maybe they'll go engineer an election after Johnson quits (generally expected anytime from spring 21) and leave the problem to a labour government, as usual.
Just a thought but maybe the Corona situation wasn't planned for in the manifesto pledges? Breaking a pledge for the sake of it (remember "no new taxes"?) is not a good thing, breaking it because the country is in the doldrums with Brexit about to make stuff a lot worse, is not a bad thing.
We, I mean all those lucky enough to hold a job and general work force will pay up! Calculation is, it will take 30 years to claw back the cost of the outbreak. And, if we are lucky enough not to experience several recessions then the 20 year olds will carry the burden. Thank God I'm retiring in 2022
The Conservative manifesto was written before anyone had even heard of Covid. And what are Labour's policies at the moment? Sorry, what was that..... oh, right....they don;t actually have any. :-)
Neither were in their mainfesto just your impression of what you like to think it is Against tax rises but no pay freezes dream on
no i dont understand it. It lines the pockets of NGOs, does little to help the poor and despite people saying it gives Global Britain influence, i find it hard to recall any foreign government expressing ANY gratitude ever. So what is the point?
OK, smarty-pants, enlighten us all to what it does, other than bribing foreign countries into trading with us?
The present aid target should be cut even if it means a change in the law makes it permanent. We don’t have the money to send overseas and would be paying this from increased borrowing. It’s ridiculous that we are sending aid to China, the second largest economy in the world. We are even sending money to India which has a space programme when our own BAME communities are experiencing inequalities.
Sunak has dug himself a hole, with no idea how to get out of it. Expect pay freezes and tax rises. Except these are precisely what was ruled out in the Tory manifesto. What to do...
Oh Jeremy,
Your understanding of history is about as accurate as Corbyn saying he is not a racist. Please stop printing garbage in the hope that some people will believe it. They won't. Labour never could manage money and never will be because of their outdates ideologies. Removed
Your understanding of history is about as accurate as Corbyn saying he is not a racist. Please stop printing garbage in the hope that some people will believe it. They won't. Labour never could manage money and never will be because of their outdates ideologies. Removed
I remember playing Superman in the 12ft high rubbish mountains during the winter of discontent and Jim Callaghan saying it was all the presses fault lol
Never be blinkered by political parties and Unions they all take advantage of the working man and feather their nests like a French Emperor
Never be blinkered by political parties and Unions they all take advantage of the working man and feather their nests like a French Emperor
They may even write a letter saying there is no money left
we all agree that Johnson has reached the level of his incompetence and along with HS2 should go , but to put a human rights lawyer in his place who was a Corbyn cheer leader up to recent times , you must do better than that
No you got that wrong, thats what Labour normally do so if the Consrvatives did do it perhaps Labour would know whats its like to recieve and empty bank rather than giving it (The famous Bron Note: sorry the bank is empty)
As Usual????? Get real.
The reason for Tory Govt in the reverse to clean up the mess made by Labour 'there's no money left' conveniently forgotten that already and I don't like the Tories either
BORIS worst Tory leader in history why his party sticking with #pennywise the clown ?? comes to mind
The gov't needs to get its act together with Amazon etc. - adding new legislation is far too easy and builds up more problems down the line (hence one of the most complex tax systems in the world).
A real/recent example:-
Needed a new keyboard.
1. Official store: £129.99 (inc VAT)
2. Amazon £119 (No VAT)
It wasn't obvious that VAT had anything to do with the price until I asked for a receipt!
A real/recent example:-
Needed a new keyboard.
1. Official store: £129.99 (inc VAT)
2. Amazon £119 (No VAT)
It wasn't obvious that VAT had anything to do with the price until I asked for a receipt!
I'd be struggling to pay £129.99 for a keyboard at any of my local shops more like £29.99 !!!
£2.99 for a DELL that i've used for 10+ years. Still £2.99 today. What on earth are you getting for the other £116?
The prices are quoted ex-VAT because, well, that's normal. Businesses typically reclaim the VAT so quotes are all ex-VAT with a separate line item for VAT.
The prices are quoted ex-VAT because, well, that's normal. Businesses typically reclaim the VAT so quotes are all ex-VAT with a separate line item for VAT.
I would hope they find a way to stop people selling goods in the UK (especially digitally) that do not make a commercial profit and pay corp tax in the UK. Following Brexit we must encourage business towards people who pay VAT and corp tax in the UK rather than those who strip money out of our economy and make other countries richer. That alone could probably fill the gap
Then it's a good thing we are members of supra-national trading blocs that have stopped that happening (in 2019 in Amazon's case £1.2Bn of VAT on UK sales).
Oh wait - we voted to stop that happening by leaving the EU, I guess leavers want only UK employees to bear the weight of tax increases.
Oh wait - we voted to stop that happening by leaving the EU, I guess leavers want only UK employees to bear the weight of tax increases.
Companies don't pay VAT, consumers do. Companies collect it on behalf of the state
Don't disagree however Brexit opens the door for lax tax rules, race to the bottom regulation which is always exploited more by the super-rich. Arron Banks, Farage, Rees-Mogg et al anti-Europe stance has always been about the fear of regulation rather than all that Sovereignty tosh - they are scared they will be made to pay their way !!
Why? Do you actually understand the purpose of Foreign Aid? It would seem not.
You know how quickly the BBC write a story as soon as the pound has a fall in value?
Well, you can always tell when the pound has risen; as the BBC completely ignore it!
The pound has had nearly 3 months of consistent rises and the last BBC story about its value was at the beginning of September (the last time it fell).
The BBC bias in only reporting losses is clear.
Well, you can always tell when the pound has risen; as the BBC completely ignore it!
The pound has had nearly 3 months of consistent rises and the last BBC story about its value was at the beginning of September (the last time it fell).
The BBC bias in only reporting losses is clear.
You're right. Bias, bias, bias. Because everyone knows that under-reporting actually causes the exchange rates to vary.
I couldn't find anything at all about it until a very secret inside-trader told me of this amazing url: https://www.bbc.co.uk/news/business/market-data
GBP against Euro
EUR-0.20%
Or is that fake news?
I couldn't find anything at all about it until a very secret inside-trader told me of this amazing url: https://www.bbc.co.uk/news/business/market-data
GBP against Euro
EUR-0.20%
Or is that fake news?
The £ is weak when there is the threat of no-deal (the one that was supposed to be so easy). Currently there is a glimmer of hope that there may be a deal (it will be sold as a success but in reality is inferior to what we had before). That's why the £ has risen. But it is still considerably weaker than b4 2016. It will crash further if there is no-deal. And the currency markets are rarely wrong.
I would hope they find a way to stop people selling goods in the UK (especially digitally) that do not make a commercial profit and pay corp tax in the UK. Following Brexit we must encourage business towards people who pay VAT and corp tax in the UK rather than those who strip money out of our economy and make other countries richer. That alone could probably fill the gap
Tax was paid in the low tax countries of Ireland & Belgium, a hole which the EU have tried to plug. An obvious flaw in the EU model that can only be addressed by synchronising tax rates which the EU have started to do.
Where do you get these facts from? VAT on goods sold in the UK can still occur stop the transfer of sales to other EU countries like Ireland and Luxembourg both in the top 10 for tax dodgers
Scrap HS2, get a deal with the EU, legalise and regulate cannabis, tax the mega corps and billionaires sufficiently.
Stop punishing the working and middle classes, especially key workers.
Stop punishing the working and middle classes, especially key workers.
Legalising and regulating cannabis would bring billions into the country. People are spending money on it anyway, that's not getting taxed, and we're spending money on the police trying to criminalise these people. A cannabis industry in this country would not only bring money in, but it would create jobs and businesses, and free up the police and courts, who now have a massive back log.
Legalise cannabis.
You mean give in to lawlessness? Not in my name.
You mean give in to lawlessness? Not in my name.
Legalizing cannabis could be a waste of time. Canada messed it right up. Money men got involved and thought it was easy. The shops sell an inferior grade of mass produced stuff, at a high price. So many customers have gone back to street dealers, who don;t pay tax, but sell quality enthusiast grown products at a better price. You can't rush a big change like that.
If cannabis is bad for you the government can't be seen to encourage its use no matter how much revenue it raises - if revenue raising is the most important factor then why are so many resources going into educating people to stop smoking tobacco?
or bullied by piri and co
Make tax voluntary, those who want to can pay, just print the rest 4eva. Simples
The foreign aid budget is £13Bn, cutting it to zero reduces the UK's standing at a time when we are withdrawing from nearly all our trade agreements.
Or you could simply stop facilitating the (est HMRC) £25Bn of tax avoidance by requiring UK companies and those in British Overseas territories to publish who the beneficial owner of all their assets are.
You might cut organised crime as well.
Or you could simply stop facilitating the (est HMRC) £25Bn of tax avoidance by requiring UK companies and those in British Overseas territories to publish who the beneficial owner of all their assets are.
You might cut organised crime as well.
The UK's 'Standing' went out the window some time ago. I believe in foreign aid but even I think it should be cut (*though not scrapped) or configured in a different way. Of course, clamping down on tax-avoidance by a large companies and the highest earners is also a good call.
Come on, that would put half the MPs and HoLs in court and some possibly prison.
Do you really want that to happen............................... I do
Do you really want that to happen............................... I do
Why not cut the International Development foreign aid given to India? India is a nuclear power, has a massive military and has a significant large space programme to Mars and the Moon. It is immoral and outrageous that UK tax payers foreign aid money is being given to India, when it can easily afford to pay its own way in the world.
Charity begins at home. We cannot send 13 billion overseas while our own people and economy are struggling. Utter stupidity if we do.
Too much foreign aid to countries spending on nuclear weapons and space races.
If those countries won't spend on the basics for their citizens when arming themselves or doing space flight grandstanding, why should my taxes pay for them?
If those countries won't spend on the basics for their citizens when arming themselves or doing space flight grandstanding, why should my taxes pay for them?
I see on today’s news that the AA is being sold to two US based customers. Another source of UK income that will go abroad instead of staying here.
The UK bleeds cash through every pore, and no Chancellor does anything but make the situation worse.
The UK bleeds cash through every pore, and no Chancellor does anything but make the situation worse.
Agreed, all those nuclear arms and space programs don’t pay for themselves.
I clapped for the NHS, but our GP's did not hear it. They have been safe at their homes since March. They will also get £12-50 for each vaccination given, well their staff will administer while they count the income from guess Their Homes
Removed
Exempt from public sector pay freezes too...the govt daren't upset doctors. What was it Aneurin Bevan said about gold and doctors mouths?
Am I the only person in the country who has been better served by their GP than before the Covid crisis? Contact has been easier, as once an online form (e-consult) was completed, at 8pm I was in the system and called back first thing the next day. I have since seen doctors and nurses and had all the tests I needed. I have also had the flu jab sooner this year as they were so well organised!
Sturgeon will be looking to empty the bank again! Shameless.
Why? Do you actually understand the purpose of Foreign Aid? It would seem not.
Higher income tax on higher earners. Simple and fair.
Only one problem with that the evidence suggests that the optimum rate of tax - in the sense of raising the maximum amount of revenue - is probably 40-45%, it might be a little higher but definitely less than 50%. So raising the top rate of income tax whilst it may satisfy your sense of fairness is more likely to result in less revenue for HMRC
Higher tax for those who benefitted from furlough. If you take out you should put back in.
Won't work. History shows that the higher the tax rates, the less tax is collected. Higher income tax would lead to higher unemployment as people would rather do nothing than get highly taxed to pay for those who do nothing.
plenty more middle earners who could pay more and loose child benefit, why should poor childless couples subsidise them
I clapped for the NHS, but our GP's did not hear it. They have been safe at their homes since March. They will also get £12-50 for each vaccination given, well their staff will administer while they count the income from guess Their Homes
Removed
Why? Do you actually understand the purpose of Foreign Aid? It would seem not.
Of course he will, need to signal potential rises far enough in advance so the accountants can design new schemes for the metropolitan elite to avoid paying the tax.
That's why there were hints on Capital Gains tax reform a couple weeks ago, so no one who can afford a half decent accountant needs to pay CGT when it's reformed.
That's why there were hints on Capital Gains tax reform a couple weeks ago, so no one who can afford a half decent accountant needs to pay CGT when it's reformed.
Watch out for this too:
“ A no-deal Brexit would cause more long-term damage to the economy than the coronavirus pandemic, the governor of the Bank of England has warned.”
No deal is just not an acceptable option BOJO, get an extension if necessary, even if it means you have told another porkie.
“ A no-deal Brexit would cause more long-term damage to the economy than the coronavirus pandemic, the governor of the Bank of England has warned.”
No deal is just not an acceptable option BOJO, get an extension if necessary, even if it means you have told another porkie.
Sturgeon will be looking to empty the bank again! Shameless.
Higher income tax on higher earners. Simple and fair.
Only one problem with that the evidence suggests that the optimum rate of tax - in the sense of raising the maximum amount of revenue - is probably 40-45%, it might be a little higher but definitely less than 50%. So raising the top rate of income tax whilst it may satisfy your sense of fairness is more likely to result in less revenue for HMRC
I would suggest raising tax on higher earners, not just the highest earners. As you said, most people should be paying more in tax, protecting the the lowest earners and most vulnerable.
There is no other choice but another 'super tax' on earnings/income £100k+ for 2020/21 onwards supplemented by a reform of CGT on second homes etc.
VAT is a sales tax and if £GBP falls post Brexit/Covid the cost of imported goods/service is going upwards - a VAT rise would hit the most vulnerable just as many wages stagnate (and fall of a cliff for some).
VAT is a sales tax and if £GBP falls post Brexit/Covid the cost of imported goods/service is going upwards - a VAT rise would hit the most vulnerable just as many wages stagnate (and fall of a cliff for some).
The foreign aid budget is £13Bn, cutting it to zero reduces the UK's standing at a time when we are withdrawing from nearly all our trade agreements.
Or you could simply stop facilitating the (est HMRC) £25Bn of tax avoidance by requiring UK companies and those in British Overseas territories to publish who the beneficial owner of all their assets are.
You might cut organised crime as well.
Or you could simply stop facilitating the (est HMRC) £25Bn of tax avoidance by requiring UK companies and those in British Overseas territories to publish who the beneficial owner of all their assets are.
You might cut organised crime as well.
Agreed. Maybe the foreign aid budget just needs to be re-directed.
Maybe use some of it to fund building hospital ships here in the UK?
Boosts UK manufacturing & Jobs & the finished product can be used in disaster relief around the world (or here to bolster the NHS when not needed abroad)......
Maybe use some of it to fund building hospital ships here in the UK?
Boosts UK manufacturing & Jobs & the finished product can be used in disaster relief around the world (or here to bolster the NHS when not needed abroad)......
Sorry stressed Dad and others, while I do believe in Foreign Aid, many of you make the points about how well it is spent and could it be cut.
The reason for saying it was to provide context to the 2nd point, £25Bn in tax evasion is twice the problem, plus how many friends would we win if we uncovered a load of evaded taxes for other developed nations, might rebuild a few bridges internationally?
The reason for saying it was to provide context to the 2nd point, £25Bn in tax evasion is twice the problem, plus how many friends would we win if we uncovered a load of evaded taxes for other developed nations, might rebuild a few bridges internationally?
Foreign Aid is all about "you scratch my back I'll scratch yours".
UK PLC does very well out of it: "we reap more than we sow"!!
And UK companies will be cheesed off if we play political games when they and the economy are in dire straits.
UK PLC does very well out of it: "we reap more than we sow"!!
And UK companies will be cheesed off if we play political games when they and the economy are in dire straits.
“Mr Johnson believes £40bn of tax rises are necessary over the short-term, and that sort of money cannot be raised without touching the Big Three: income tax, VAT or national insurance. These bring in almost two-thirds of government revenue.”
——
Scrap the HS2 vanity project, there’s £106bn (absolute minimum, likely much more) in the back pocket straight away.
——
Scrap the HS2 vanity project, there’s £106bn (absolute minimum, likely much more) in the back pocket straight away.
scrapping the Clown would probably mean at least a £500bn boost
We need a public ballot on HS2. It is obvious to many that this has now become un-affordable and the money should be used to prop up our economy.
As you say, £106bn is the absolute min, and I would think if this stupid project continues then we will kiss goodbye to at least £200bn
As you say, £106bn is the absolute min, and I would think if this stupid project continues then we will kiss goodbye to at least £200bn
And where do you think all the money will come from to pay for all this borrowing. The tax payer. Income tax will go up. People moaning about a pay freeze think yourselves lucky. I have had no pay rise for 5 years but luckily i still have a job. People are always moaning.
As long as there's enough to keep lobbing massive bungs to the Chumocracy, that's all that really matters.
While I agree it shouldnt be done, as the current situation has shown we need broadband / local hubs more - you cant just scrap it. A vast majority of that money is going to pay for staff costs. Scrap the Project and alot of people will have no job = benefits = additional costs. Change the project rather than scrap
Since 2008 most Government borrowing has been from the BoE buying Government corporate bonds.:
https://www.theguardian.com/business/2019/mar/08/the-verdict-on-10-years-of-quantitative-easing
The BoE is part of Government: https://www.bankofengland.co.uk/knowledgebank/who-owns-the-bank-of-england
The BoE has conjured the money it has used to buy Government bonds out of thin air...
https://www.theguardian.com/business/2019/mar/08/the-verdict-on-10-years-of-quantitative-easing
The BoE is part of Government: https://www.bankofengland.co.uk/knowledgebank/who-owns-the-bank-of-england
The BoE has conjured the money it has used to buy Government bonds out of thin air...
cont...
Part of the game is pretending the Government owes the BoE interest on that conjured money, but this should tell you that is not so: https://www.bbc.co.uk/news/business-20268679
Getting back to bonds: the Government encourages institutions to borrow from it & they do because in times of crisis Government Bonds are a guaranteed safe haven. So much so that they "lend" to Government even...
Part of the game is pretending the Government owes the BoE interest on that conjured money, but this should tell you that is not so: https://www.bbc.co.uk/news/business-20268679
Getting back to bonds: the Government encourages institutions to borrow from it & they do because in times of crisis Government Bonds are a guaranteed safe haven. So much so that they "lend" to Government even...
Cont...
... when interest rates are extremely low or, as they are currently, at a negative rate; meaning that those institutions are paying the Government for looking after their money.
It's a game of smoke & mirrors proving that the economy has always been contrived & manipulated.
There is no need to raise our taxes, depress our wages or impose austerity on us. Will YOU fall for it again?
... when interest rates are extremely low or, as they are currently, at a negative rate; meaning that those institutions are paying the Government for looking after their money.
It's a game of smoke & mirrors proving that the economy has always been contrived & manipulated.
There is no need to raise our taxes, depress our wages or impose austerity on us. Will YOU fall for it again?
"The Tory MP (John Redwood) said he has “not been worried about the deficit for some time”, because the Labour government of Gordon Brown and subsequent Conservative governments have been able to “print money to pay their bills"."
It's all smoke and mirrors my friends. There was/is no need for austerity because the debt & deficit only exists in the imagination!
It's all smoke and mirrors my friends. There was/is no need for austerity because the debt & deficit only exists in the imagination!
HS2 has never made financial sense and part of its justification was based on the very Green Book calculations that are about to be changed in the Autumn Review. If you read the case for it (which I have) it is riddled with assumptions on costs and benefits that can be picked apart by an A level economics student. Can someone join the dots please?
Create a new covid sales tax set at around 5% with no exceptions everyone pays it, no getting it back because you are a business if everyone pays it then its fair and it will raise the 40 billion a year and as soon as the covid bill is paid scrap it, it really is simple they could even add it to the vat as long as everyone pays and no claw back for business, its time tax was overhauled so its fair
The trouble with HS2 apart from the dubious economic case is that it will have the opposite effect in rebalancing the Economy.
The First Phase will only suck investment into the transport corridor between London & Birmingham for at least 10 years.
What they should have done, like in many EU Countries is invested in the regional cities transport infrastructure and links between those first.
The First Phase will only suck investment into the transport corridor between London & Birmingham for at least 10 years.
What they should have done, like in many EU Countries is invested in the regional cities transport infrastructure and links between those first.
Agreed, but also,
Easy min impact solution - close ridiculously out if date unsustainable final salary public sector pensions to new staff, switch to something reflecting the real world.
No impact to those in role they continue to get a massive pay enhanced pension that they conveniently forget about when moaning about salaries compared to private sector. If new staff don't like, go private.
Easy min impact solution - close ridiculously out if date unsustainable final salary public sector pensions to new staff, switch to something reflecting the real world.
No impact to those in role they continue to get a massive pay enhanced pension that they conveniently forget about when moaning about salaries compared to private sector. If new staff don't like, go private.
Scrapping HS2 - or any other Major Investment Project - will not save a single penny. Such projects are not financed by the taxpayer, you need to check up on how such projects are financed.
If this country is to be rebalanced and green then we need HS2 and more like it.
infrastructure costs are always exorbitant and over budget just look at the canals and railways from the 1800's which we are still using...
Holyrood was budgeted at 40 mil, it cost 400 mil so HS2 will need to go some to beat that overspend.
Like the Euro tunnel it will pay off later rather than now.
infrastructure costs are always exorbitant and over budget just look at the canals and railways from the 1800's which we are still using...
Holyrood was budgeted at 40 mil, it cost 400 mil so HS2 will need to go some to beat that overspend.
Like the Euro tunnel it will pay off later rather than now.
Dennis Healey is remember for saying he would "squeeze the rich until the pips squeak".
Well after Sunak has finished taxing people to pay for this governments complete and utter screw up, Healey's tax plans will look very moderate.
Of course, this being a Tory government, you can bet your bottom dollar that everyone EXCEPT the rich are going to get hammered with super high taxes.
Well after Sunak has finished taxing people to pay for this governments complete and utter screw up, Healey's tax plans will look very moderate.
Of course, this being a Tory government, you can bet your bottom dollar that everyone EXCEPT the rich are going to get hammered with super high taxes.
I mean heaven forbid those who have took millions from the furlough scheme should have to pay some of it back....
In case you have noticed David, the rich are getting hammered by high taxes under the Tories and have always been. That is why they contribute so much every time the figures are published. When you, and fellow Lefties, start dealing in facts instead of your pathetic ideologies maybe you will get someone to listen. Until then, I suggest you stop making yourself look stupid.
So the virus was creatd by the Torys was it? Straneg that Labour have agreed with everything that the Torys have done and said oevr and over again that they would have done more. If Labour had have been in power this year then the deficit would be significantly more than £350b
Then it's a good thing we are members of supra-national trading blocs that have stopped that happening (in 2019 in Amazon's case £1.2Bn of VAT on UK sales).
Oh wait - we voted to stop that happening by leaving the EU, I guess leavers want only UK employees to bear the weight of tax increases.
Oh wait - we voted to stop that happening by leaving the EU, I guess leavers want only UK employees to bear the weight of tax increases.
WE NEED TO SECURE A NATIONAL LIVING WAGE ( not a minimum wage ) - A Living Wage means that at least you can live - not having one means that you can't.
PENSIONS - UNIVERSAL CREDIT - BASIC WAGES.
We might be in the same Storm together BUT we are definitely in different Boats.
PENSIONS - UNIVERSAL CREDIT - BASIC WAGES.
We might be in the same Storm together BUT we are definitely in different Boats.
No such thing as a living wage, if all lower paid workers wages were increased so would the price of food, rent, utilities etc and you are back to square one with hyper inflation around the corner. What we need to do is build more social housing and limit rent increases to inflation.
Watch out for this too:
“ A no-deal Brexit would cause more long-term damage to the economy than the coronavirus pandemic, the governor of the Bank of England has warned.”
No deal is just not an acceptable option BOJO, get an extension if necessary, even if it means you have told another porkie.
“ A no-deal Brexit would cause more long-term damage to the economy than the coronavirus pandemic, the governor of the Bank of England has warned.”
No deal is just not an acceptable option BOJO, get an extension if necessary, even if it means you have told another porkie.
Those who have benefitted from furlough schemes should be the first to take tax hikes. The system was there as a safety net, they beneffited from it so now its time to return the favour
Yayyy! Another genius plan! At a time when we need to unite the country & all pull together, let's attack people using sweeping generalisations, to sow division & unfairness! Genius!??
Better still, those of us who weren't furloughed, carried on working and paid for the furlough get a tax credit. £5,000 each should cover it.
Try this: at an interesting website (google, bing, asianbabes, take your pick)
"what is furlough"
"who decides who goes on furlough"
"why did every country furlough many workers"
"why am I so jealous of other people in a worse situation than myself"
"who else can I victimise with other peoples lies and my own misinformation"
"what is furlough"
"who decides who goes on furlough"
"why did every country furlough many workers"
"why am I so jealous of other people in a worse situation than myself"
"who else can I victimise with other peoples lies and my own misinformation"
4 things to look out for:
1. Lies
2. Lies
3. Lies
4. Lies
1. Lies
2. Lies
3. Lies
4. Lies
Dennis Healey is remember for saying he would "squeeze the rich until the pips squeak".
Well after Sunak has finished taxing people to pay for this governments complete and utter screw up, Healey's tax plans will look very moderate.
Of course, this being a Tory government, you can bet your bottom dollar that everyone EXCEPT the rich are going to get hammered with super high taxes.
Well after Sunak has finished taxing people to pay for this governments complete and utter screw up, Healey's tax plans will look very moderate.
Of course, this being a Tory government, you can bet your bottom dollar that everyone EXCEPT the rich are going to get hammered with super high taxes.
Yes, because they all asked to be furloughed by the most inept Govt in UK history!??
Nobody chose to be furloughed.
After all this you STILL don't understand how it works? Why?
After all this you STILL don't understand how it works? Why?
Woke replied:
I mean heaven forbid those who have took millions from the Bozo clown party government /contracts should have pay it back...………………..
I mean heaven forbid those who have took millions from the Bozo clown party government /contracts should have pay it back...………………..
Totally agree. I for one, like a million others have been locked out of the furlough scheme.......
According to the 'Billionaire Wealth v Community Health' report (Institute for Policy Studies) between March and November of this year the collective wealth of billionaires increased by around $1 trillion while their employees (wealth creators) worked unto ill health & death - e.g. Bezos made £70.7 Bn in splendid isolation while 20k of his workforce contracted Covid. The workshy rich owe us bigly.
Since 2008 virtually all Government borrowing has been from the BoE buying Government corporate bonds:
https://www.theguardian.com/business/2019/mar/08/the-verdict-on-10-years-of-quantitative-easing The
BoE is part of Government: https://www.bankofengland.co.uk/knowledgebank/who-owns-the-bank-of-england
The BoE has conjured the money it has used to buy Government bonds out of thin air...
https://www.theguardian.com/business/2019/mar/08/the-verdict-on-10-years-of-quantitative-easing The
BoE is part of Government: https://www.bankofengland.co.uk/knowledgebank/who-owns-the-bank-of-england
The BoE has conjured the money it has used to buy Government bonds out of thin air...
Why all the supposition?
Just go ask Kier Starmer now what will be in the spending review.
Just go ask Kier Starmer now what will be in the spending review.
political dynamite. stop pensions apartheid. stop public sector index linked pensions. next to no private sector workers benefit from such luxury.
bet any thumbs down comments are from public sector beneficiaries.
Yeah, nurses and fire-fighters, paramedics and police officers, none of them a worth looking after in their dotage, should scrap public sector pensions across the board, make 'em work 'til they drop! But let's not stop there. We'd save £billions scarping the State Pension.
But seriously, while it may begin as a sensible suggestion, how far will our unscrupulous politicians take it?
But seriously, while it may begin as a sensible suggestion, how far will our unscrupulous politicians take it?
Watch out for this too:
“ A no-deal Brexit would cause more long-term damage to the economy than the coronavirus pandemic, the governor of the Bank of England has warned.”
No deal is just not an acceptable option BOJO, get an extension if necessary, even if it means you have told another porkie.
“ A no-deal Brexit would cause more long-term damage to the economy than the coronavirus pandemic, the governor of the Bank of England has warned.”
No deal is just not an acceptable option BOJO, get an extension if necessary, even if it means you have told another porkie.
I think the 4 things we should really look out for are;
1. Tories abusing their power by awarding £bns in contracts to their mates who have no experience to handle the contracts.
2. The money awarded being used for personal gain, not the point of the contract.
3. Culpability at govt level for mismanagement leading to unnecessary deaths.
4. What we can learn to stop this happening again.
1. Tories abusing their power by awarding £bns in contracts to their mates who have no experience to handle the contracts.
2. The money awarded being used for personal gain, not the point of the contract.
3. Culpability at govt level for mismanagement leading to unnecessary deaths.
4. What we can learn to stop this happening again.
Higher income tax on higher earners. Simple and fair.
Why no mention of dropping the triple lock for pensions, should be based purely on inflation. I get a pension but feel we should do our bit.
I disagree, feel free to send Rishi a cheque if it makes you feel better
Only one problem with that the evidence suggests that the optimum rate of tax - in the sense of raising the maximum amount of revenue - is probably 40-45%, it might be a little higher but definitely less than 50%. So raising the top rate of income tax whilst it may satisfy your sense of fairness is more likely to result in less revenue for HMRC
I think the 4 things we should really look out for are;
1. Tories abusing their power by awarding £bns in contracts to their mates who have no experience to handle the contracts.
2. The money awarded being used for personal gain, not the point of the contract.
3. Culpability at govt level for mismanagement leading to unnecessary deaths.
4. What we can learn to stop this happening again.
1. Tories abusing their power by awarding £bns in contracts to their mates who have no experience to handle the contracts.
2. The money awarded being used for personal gain, not the point of the contract.
3. Culpability at govt level for mismanagement leading to unnecessary deaths.
4. What we can learn to stop this happening again.
The only positive thing in the article is the prospect of moving the government out of London.
Concentrating all economic activity in just one Monstropolis is good for neither London nor the provinces.
Businesses have no choice because they must be near to their markets and suppliers. But moving the government out is possible, and it will stimulate the private sector as well.
Concentrating all economic activity in just one Monstropolis is good for neither London nor the provinces.
Businesses have no choice because they must be near to their markets and suppliers. But moving the government out is possible, and it will stimulate the private sector as well.
If they move the gov. out they need to build a campus style parliament that includes hotel style accommodation - lets take the opportunity to cut down on the need for some of these expenses claims.
About half of all workers at department for education in Darlington travelled from London and other cities before covid, costing a lot of money.
Some people are going to have to pay more tax...perceived unfairness and divisions will be inevitable between those that will be forced to pay and those who don't. Furloughed workers should be involved in the discussion. After all, their jobs have been supported by other taxpayers to the tune of billions of pounds.
“Mr Johnson believes £40bn of tax rises are necessary over the short-term, and that sort of money cannot be raised without touching the Big Three: income tax, VAT or national insurance. These bring in almost two-thirds of government revenue.”
——
Scrap the HS2 vanity project, there’s £106bn (absolute minimum, likely much more) in the back pocket straight away.
——
Scrap the HS2 vanity project, there’s £106bn (absolute minimum, likely much more) in the back pocket straight away.
Public transport e.g ?? always cramming with to many people HS2 A BIG TORY WHITE ELEPHANT &£500BN GO to fixing the country instead
Make more. Export more. Import less. Stop relying on making money out of money (usually other people’s) We were in trouble long before Covid.
Easier said than done. Reversing 30 years of manufacturing decline won;t happen overnight, In the meantime, our competitors would just react and get stronger. The simple fact is that wages and production costs are lower in the far east.
Agree, we invest too much in property and not British businesses. Been the problem since the 90s. But a problem entirely supported by successive govts.
Manufacture what exactly? Make things that cost 3 times the price of the chinese junk and then have no one to sell it to?
Sounds good, but won’t work.
Britain is one of the countries that won’t accept low wages and certainly can’t complete with most of the production costs of Asia, Africa etc.
That’s why we do the high end stuff eg design, engineering, finance, insurance, technology, and leave the cheap stuff to others.
Sad that people don’t understand something so simple.
Britain is one of the countries that won’t accept low wages and certainly can’t complete with most of the production costs of Asia, Africa etc.
That’s why we do the high end stuff eg design, engineering, finance, insurance, technology, and leave the cheap stuff to others.
Sad that people don’t understand something so simple.
Good idea... export more and import less... only that is the mantra for the US and India and pretty much every other country. So if no one wants to import and everyone wants to export... that's a lot of sellers and no buyers. You see the problem with insular thinking...?
UK governments, both Labour & Tory, have adopted a defeatist attitude to the challenge of low Far Eastern labour costs.
Both parties have refused to take the necessary steps to fight this competitive pressure. Germany by comparison was not defeatist & retains a vibrant manufacturing sector. Key German attributes were: professional engineers have high status; Company Law opposes hostile takeovers
Both parties have refused to take the necessary steps to fight this competitive pressure. Germany by comparison was not defeatist & retains a vibrant manufacturing sector. Key German attributes were: professional engineers have high status; Company Law opposes hostile takeovers
Making moneyoutof money is what has allowed us to hae a deficit on trade for many many years.
Yes. BY BRITISH to support our economy.
We import cos it’s cheaper. We could make our own goods but the prices would be a lot higher due to wages. Brits won’t accept the low pay that other countries do.
We were in trouble from the mid 80's, when the Economy re-centred to Banking & Services. It basically applied systemic weedkiller to established industries good & bad, & more importantly networks of trained workforces.
Successive Govts have failed to rebalance the Economy & invest, in preference to short term returns.
In many EU countries capital Investment has been key, so its our own fault.
Successive Govts have failed to rebalance the Economy & invest, in preference to short term returns.
In many EU countries capital Investment has been key, so its our own fault.
Buy less.
Totally correct. We can start by putting a 40% tax on Chinese imports, and making stuff here. I have a child's stairgate- made in China. Why for God's sake? It's just bent and welded metal. We used to make this kind of stuff in the black country and it was better quality. Check out our balance of payments deficit with China- It's scary.
Some people are going to have to pay more tax...perceived unfairness and divisions will be inevitable between those that will be forced to pay and those who don't. Furloughed workers should be involved in the discussion. After all, their jobs have been supported by other taxpayers to the tune of billions of pounds.
Higher income tax on higher earners. Simple and fair.
Foreign aid cuts may rebound on Britain-the countries affected may buy less British imports.Cuts invariably are not as straight forward as they might appear as those affected can take reprisals.
How much of the Foreign aid budget is being used to look after the people coming across from France- and other places- every day? I would imagine that it is now a huge amount.
We do more than our bit when it comes to charitable works around the World and in our own country but we must look after our own people first and foremost as there are enough people in need here already.
We do more than our bit when it comes to charitable works around the World and in our own country but we must look after our own people first and foremost as there are enough people in need here already.
I'd scrap council tax as it stands. Bills in central London are cheaper than anywhere else in the country whereas bills in deprived parts of the country are the highest due to the higher demand for local services. Replace with LVT or tax related to current property value (instead of 1991) collected centrally and reallocated according to local need.
WE NEED TO SECURE A NATIONAL LIVING WAGE ( not a minimum wage ) - A Living Wage means that at least you can live - not having one means that you can't.
PENSIONS - UNIVERSAL CREDIT - BASIC WAGES.
We might be in the same Storm together BUT we are definitely in different Boats.
PENSIONS - UNIVERSAL CREDIT - BASIC WAGES.
We might be in the same Storm together BUT we are definitely in different Boats.
The IFS thinks "unprotected" services such as the courts, prisons or local government are vulnerable to cuts.
#
A judge I know says that they had to cut costs by 40%.
Then they had to cut another 40% out of the 60% left.
Now anybody who can get out is getting out ASAP.
Meanwhile we waste money on consumer spending we don't need and can't afford.
#
A judge I know says that they had to cut costs by 40%.
Then they had to cut another 40% out of the 60% left.
Now anybody who can get out is getting out ASAP.
Meanwhile we waste money on consumer spending we don't need and can't afford.
"we waste money on consumer spending we don't need and can't afford"
So, when I buy a new t-shirt that you tell me I don't need, I'm taking the salary of a court official?
Or does the UK buy me that t-shirt?
I'm confused. You're clearly not.
So, when I buy a new t-shirt that you tell me I don't need, I'm taking the salary of a court official?
Or does the UK buy me that t-shirt?
I'm confused. You're clearly not.
There is no other choice but another 'super tax' on earnings/income £100k+ for 2020/21 onwards supplemented by a reform of CGT on second homes etc.
VAT is a sales tax and if £GBP falls post Brexit/Covid the cost of imported goods/service is going upwards - a VAT rise would hit the most vulnerable just as many wages stagnate (and fall of a cliff for some).
VAT is a sales tax and if £GBP falls post Brexit/Covid the cost of imported goods/service is going upwards - a VAT rise would hit the most vulnerable just as many wages stagnate (and fall of a cliff for some).
Yes core problem excess pay, with too easy soft non manufacturing jobs, with fat cat pay in the public sector too easily avaliable instead of making stuff. Add in the greedy property and financial based spivs. No wonder no one wants to work making things forva living. Too easy to see you did nothing, no production. Never going to change now, benefits too easy, people soft and expectant.
And 30 yrs ago China said, right, now where do we start with manufacturing
Green policies arepart of the reason for or decline in manufacturing. The world looks on and laughs as we drive our energy costs higher and higher compsred with asian counties where manufacturing has moved to. The MMGW religion has a lot to answer for.
political dynamite. stop pensions apartheid. stop public sector index linked pensions. next to no private sector workers benefit from such luxury.
Johnson boasts Brexit will see Britain a world leader-what, in foreign aid cuts ?
No way to show leadership-it,s a retreat into little Britain and what we had expected after the 2016 referendum.
Come on Britain stop the constant cake and eat it approach .Show world leadership and increase foreign aid particularly in education,and climate change support.
No way to show leadership-it,s a retreat into little Britain and what we had expected after the 2016 referendum.
Come on Britain stop the constant cake and eat it approach .Show world leadership and increase foreign aid particularly in education,and climate change support.
Cutting foreign aid just panders to the Daily Express readers who vote Tory anyway. There's no point.
The government prefers to increase defence spending. It's morally bankrupt.
The government prefers to increase defence spending. It's morally bankrupt.
You honestly think its a good idea for the UK to borrow £11bil a year and give it away to foreign countries? We already have a generous system for donations to charities
Higher income tax on higher earners. Simple and fair.
I'd scrap council tax as it stands. Bills in central London are cheaper than anywhere else in the country whereas bills in deprived parts of the country are the highest due to the higher demand for local services. Replace with LVT or tax related to current property value (instead of 1991) collected centrally and reallocated according to local need.
Hmm, my council tax is not based on the value of my property in 1991 as it was only built 7 years ago. When I told my local council I should be be Band A they laughed at me and said no, Band C. Anyway your idea fails to address my point on people in big houses not necessarily having the money to pay more without having to sell their houses, and who would they sell to anyway?
The present aid target should be cut even if it means a change in the law makes it permanent. We don’t have the money to send overseas and would be paying this from increased borrowing. It’s ridiculous that we are sending aid to China, the second largest economy in the world. We are even sending money to India which has a space programme when our own BAME communities are experiencing inequalities.
How much of the Foreign aid budget is being used to look after the people coming across from France- and other places- every day? I would imagine that it is now a huge amount.
We do more than our bit when it comes to charitable works around the World and in our own country but we must look after our own people first and foremost as there are enough people in need here already.
We do more than our bit when it comes to charitable works around the World and in our own country but we must look after our own people first and foremost as there are enough people in need here already.
Easy way for UK to create hundreds of Billions overnight:
- Scrap HS2
- Rejoin EU
- Tax self employed tax dodgers paying themselves huge tax avoiding dividends
- Remove Bojo and cabinet with moderate conservatives to salvage the UK reputation and stop fraud and theft of tax payers money
Seems pretty straightforward to me, particularly when Nissan Sunderland looks like its on the way out :(
- Scrap HS2
- Rejoin EU
- Tax self employed tax dodgers paying themselves huge tax avoiding dividends
- Remove Bojo and cabinet with moderate conservatives to salvage the UK reputation and stop fraud and theft of tax payers money
Seems pretty straightforward to me, particularly when Nissan Sunderland looks like its on the way out :(
Self employed can't pay themselves dividends.
Johnson boasts Brexit will see Britain a world leader-what, in foreign aid cuts ?
No way to show leadership-it,s a retreat into little Britain and what we had expected after the 2016 referendum.
Come on Britain stop the constant cake and eat it approach .Show world leadership and increase foreign aid particularly in education,and climate change support.
No way to show leadership-it,s a retreat into little Britain and what we had expected after the 2016 referendum.
Come on Britain stop the constant cake and eat it approach .Show world leadership and increase foreign aid particularly in education,and climate change support.
I give a bit to charity out of my income ... however, unlike the government, I don't borrow from someone else to do this.
Makes you wonder who in their right mind would actually borrow money to give away to someone else, especially while the country is so hard up.
Makes you wonder who in their right mind would actually borrow money to give away to someone else, especially while the country is so hard up.
If a private person is in debt for more than 100% of his annual income, he would basically be bankrupt, and be forced to live on a very tight budget for years to come. However, now that this situation applies to our common public finances nobody seems to feel responsible, and we just keep borrowing more as if there is no tomorrow.
As my grandmother would say: this can only end in tears.
As my grandmother would say: this can only end in tears.
Anyone with a mortgage is in debt to the tune of many multiples of their annual income, and they will not be declared bankrupt.......
And that's probably why you're not in charge of running an economy.
Did you read the article - where everyone agrees endless borrowing is not a good idea?
Do you know that a country with an indefinite lifespan is not the same as a human, and an ecomony that can issue 1000 year bonds is not the same as running a piggy bank with just your thruppeny bits of pocket money?
Did you read the article - where everyone agrees endless borrowing is not a good idea?
Do you know that a country with an indefinite lifespan is not the same as a human, and an ecomony that can issue 1000 year bonds is not the same as running a piggy bank with just your thruppeny bits of pocket money?
If £40bn of tax rises are needed in the short term then some of this needs to come from the asset rich. Over the past decade with have had inadequate taxation leading to increasing wealth for some and increasing public sector debt. Corporation tax cuts also need to be reversed just as Biden proposes in the US. Germany made no such cuts and still improved their GDP compared with the UK.
Cut the International Development foreign aid given to India? India is a nuclear power and has a significant large space programme to Mars and the Moon. It is immoral and outrageous that UK tax payers foreign aid money is being given to India, when it can easily afford to pay its own way.
Big 3 do not include:
IPT
Corporation Tax
CGT
IHT
SDLT
IPT
Corporation Tax
CGT
IHT
SDLT
Why not cut the International Development foreign aid given to India? India is a nuclear power and has a significant large space programme to Mars and the Moon. It is immoral and outrageous that UK tax payers foreign aid money is being given to India, when it can easily afford to pay its own way.
None of the money goes to the Government.
Because according to the Brexiters we need FTA with India! So let's start off cutting the foreign aid to them! It's a genius plan!??
India has said keep it... they don't want it... UK keeps on giving it though. Nothing to do with India..
if they cut the aid to india they will not send us millions of cheap labour immigrants like they are doing now. when they get enough cheap indians and africans in to the uk they will scrap the minimum wage.
In my opinion Foreign Aid should ONLY be given to medium/small countries that cannot afford to help their own (never to India and the rest, as you say, as it their national Govt choice to keep large population poor and spend on vanity projects).
We have !! Why not Pakistan that's also a nuclear power We can't support despots but feel we have a moral duty to feed the residents of those countries which help the despots & dictators Not easy Stop undercutting third world food producers by dumping Western subsidised food in their countries the EU is one of the worse for this Level the playing fields support honest Govt will do more than gifts
If a private person is in debt for more than 100% of his annual income, he would basically be bankrupt, and be forced to live on a very tight budget for years to come. However, now that this situation applies to our common public finances nobody seems to feel responsible, and we just keep borrowing more as if there is no tomorrow.
As my grandmother would say: this can only end in tears.
As my grandmother would say: this can only end in tears.
Why not cut the International Development foreign aid given to India? India is a nuclear power and has a significant large space programme to Mars and the Moon. It is immoral and outrageous that UK tax payers foreign aid money is being given to India, when it can easily afford to pay its own way.
India Government should use its own money to pay for its people! It can afford it as it spends $Billions on space programme and nuclear weapons!
so even if the money does not go to the gov't, why can't the indian gov't support its own population, ahead of armaments, space programmes etc?
I'd scrap council tax as it stands. Bills in central London are cheaper than anywhere else in the country whereas bills in deprived parts of the country are the highest due to the higher demand for local services. Replace with LVT or tax related to current property value (instead of 1991) collected centrally and reallocated according to local need.
Hmm, my council tax is not based on the value of my property in 1991 as it was only built 7 years ago. When I told my local council I should be be Band A they laughed at me and said no, Band C. Anyway your idea fails to address my point on people in big houses not necessarily having the money to pay more without having to sell their houses, and who would they sell to anyway?
Why not cut the International Development foreign aid given to India? India is a nuclear power and has a significant large space programme to Mars and the Moon. It is immoral and outrageous that UK tax payers foreign aid money is being given to India, when it can easily afford to pay its own way.
No and rightly so. UK should not be funding India's nuclear weapons and military.
Easy way for UK to create hundreds of Billions overnight:
- Scrap HS2
- Rejoin EU
- Tax self employed tax dodgers paying themselves huge tax avoiding dividends
- Remove Bojo and cabinet with moderate conservatives to salvage the UK reputation and stop fraud and theft of tax payers money
Seems pretty straightforward to me, particularly when Nissan Sunderland looks like its on the way out :(
- Scrap HS2
- Rejoin EU
- Tax self employed tax dodgers paying themselves huge tax avoiding dividends
- Remove Bojo and cabinet with moderate conservatives to salvage the UK reputation and stop fraud and theft of tax payers money
Seems pretty straightforward to me, particularly when Nissan Sunderland looks like its on the way out :(
Really? Create a Ltd Company, pay themselves the zero tax liability limit circa £11k a year in salary, then the rest in low tax dividend pay outs from the Ltd Company. Whilst also claiming tax back on everything from eating out to new garden furniture as a 'company expense'.
For those that pay tax it is actually sickening.
For those that pay tax it is actually sickening.
If £40bn of tax rises are needed in the short term then some of this needs to come from the asset rich. Over the past decade with have had inadequate taxation leading to increasing wealth for some and increasing public sector debt. Corporation tax cuts also need to be reversed just as Biden proposes in the US. Germany made no such cuts and still improved their GDP compared with the UK.
You keep saying this.
You know full well the money is not a gift to govt.
You also know exactly how, why, where it is spend, and how much it benefits the UK economy
But you hate the idea of brown people not going hungry?
You know full well the money is not a gift to govt.
You also know exactly how, why, where it is spend, and how much it benefits the UK economy
But you hate the idea of brown people not going hungry?
Legalising and regulating cannabis would bring billions into the country. People are spending money on it anyway, that's not getting taxed, and we're spending money on the police trying to criminalise these people. A cannabis industry in this country would not only bring money in, but it would create jobs and businesses, and free up the police and courts, who now have a massive back log.
Agree with most of what you say. legalizing Cannabis on its own could raise £3-£4Bn a year in revenue. More if they considered legalizing other recreational drugs & prostitution. Not to mention the savings in police/courts/prison resources, reduction in associated crime & improved safety (regulated strengths/sources etc.) = reduced pressure on NHS?
Also agree with scrapping HS2 & get deal with EU
Also agree with scrapping HS2 & get deal with EU
America, Canada and others are leading the charge. If we don’t do this soon, we will lose out on manufacturing and once again rely on importing and losing out on monetising such a vital infrastructure.
'Four things to look out for'
1. The rich not paying their fair share
2. Everybody else being made poorer
3. Continuing decline of public services and the public sphere
4. Rishi continuing his ("Oh, heaven forbid, not me surely?") push for the top job
PS - on number 4, I'd definitely take him over the current incumbent. Then again, I'd take my paper boy over the current incumbent.
1. The rich not paying their fair share
2. Everybody else being made poorer
3. Continuing decline of public services and the public sphere
4. Rishi continuing his ("Oh, heaven forbid, not me surely?") push for the top job
PS - on number 4, I'd definitely take him over the current incumbent. Then again, I'd take my paper boy over the current incumbent.
Probably worth pointing out that high UK tax earners on regular PAYE have never ever payed so much tax as they do now or such a disproportionate amount of public spending to drive the economy.
Target corporate tax avoidance and self employed tax avoiders. You'd be shocked to hear how many self employed plumbers/ builders pay low tax on £150k + a year.
Target corporate tax avoidance and self employed tax avoiders. You'd be shocked to hear how many self employed plumbers/ builders pay low tax on £150k + a year.
Look out for??? it's what we all voted for . It's what we always vote for.
The opposition is beyond a joke.
The opposition is beyond a joke.
"The rich not paying their fair share"
You do realise that the richest 1% of UK taxpayers pay almost 30% of the total amount of income tax ?
Still, never let the truth get in the way of a good story.
You do realise that the richest 1% of UK taxpayers pay almost 30% of the total amount of income tax ?
Still, never let the truth get in the way of a good story.
None of the money goes to the Government.