Why Sunak says he will be “open and honest” over the Budget
12/02/2021 | news | business | 643
The government's plan is to provide a roadmap out of restrictions in a fortnight.
1
12/02/2021 14:08:06 3 7
bbc
Rishi to the rescue.....
201
12/02/2021 16:33:46 2 0
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Thunderbirds have a better chance, mind you they were puppets as well.
261
12/02/2021 17:14:00 0 0
bbc
Yes Rishi to the rescue - and a bonfire of a country’s financial resources.
2
12/02/2021 14:08:40 8 12
bbc
Well if he is open and honest he will be the only one in that government
121
12/02/2021 15:36:04 0 5
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...and he isn't. He's another lying, self-serving scumbag.
3
ken
12/02/2021 14:08:42 2 1
bbc
That covers the hospitality, leisure, fashion and tourist industrys.. so nothing new there, should all bounce back quickly
4
12/02/2021 14:09:23 5 8
bbc
Let's hope he keeps his manifesto commitment to no tax rises. Or were those more Tory lies just to get elected??
6
12/02/2021 14:11:29 2 8
bbc
did you see their lips move? what do you think?
7
12/02/2021 14:12:02 6 2
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What a naïve and pointless comment. Look at what has happened since December 2019.
28
12/02/2021 14:14:57 4 2
bbc
The pandemic occurred after the election. When major global problems happen, it is perfectly acceptable to change policies in response. What are Labour's policies? Oh, of course, they haven't got any! The SNP only have one policy. And there aren't any other parties worth a mention at the moment.
5
12/02/2021 14:09:37 62 16
bbc
Well that will make a refreshing change for a politician to be open and honest. No doubt he will still find some nice little scheme that will tap into the pockets of the Middle earners whilst leaving the Top earners to continue offshoring their wealth in our British Overseas tax havens. No doubt Amazon and eBay will get off scott free once again.
11
12/02/2021 14:14:17 27 13
bbc
Because the rich would be forced to stay in the UK and pay higher tax? Get real, once you can run a business from anywhere, you'll balance cost versus utility.
Removed
95
12/02/2021 15:11:06 8 1
bbc
Check your tax facts.
Over 60% of all uk income tax is collected from "top earners" and practically nothing is collected from lower earners because they get £12300 tax free...and their marginal rate above that is only 20%..so ...they are contributing a very small proportion of the countrys total income tax take. SOURCE H.M.R.C & O.N.S
4
12/02/2021 14:09:23 5 8
bbc
Let's hope he keeps his manifesto commitment to no tax rises. Or were those more Tory lies just to get elected??
6
12/02/2021 14:11:29 2 8
bbc
did you see their lips move? what do you think?
4
12/02/2021 14:09:23 5 8
bbc
Let's hope he keeps his manifesto commitment to no tax rises. Or were those more Tory lies just to get elected??
7
12/02/2021 14:12:02 6 2
bbc
What a naïve and pointless comment. Look at what has happened since December 2019.
26
12/02/2021 14:19:58 2 4
bbc
what happened?, 100,000 plus deaths, industry ruined, massive debt, can't save every job, world beating ineptness? Other countries handled covid better if thats what you mean. US & EU aren't planning massive tax hikes
31
12/02/2021 14:17:46 5 3
bbc
Lefties aren't capable of thinking anything other than 'Tories bad'. Which is why most people ignore them and Conservatives have an 80 seat majority. It would be good to hear some policies from Labour, then why might actually know what they stand for!
8
12/02/2021 14:12:34 9 15
bbc
When a politician actually has to publicly say he will be open and honest, you know his party have been lying through their teeth on most things. Terrible state of affairs.
14
12/02/2021 14:16:30 6 3
bbc
HenryArt is such a pessimist. Probably also voted to remain.
30
12/02/2021 14:16:07 4 1
bbc
That is just politics. Labour can;t lie about their policies at the moment, because they don;t have any.
39
12/02/2021 14:25:47 2 0
bbc
It's a cross party thing, call me a cynic but you know a politician is lying because you can see their lips moving.
9
12/02/2021 14:13:32 3 5
bbc
You guys will love this...

https://www.bbc.co.uk/news/uk-politics-56043196

'Mark Harper, who chairs the Covid Recovery group of backbench Tories...

"You can't say .... I need everybody else to change their lives to protect me,'" he said.

S'cuse me?

Isn't that precisely what the lockdown fanatics HAVE been saying for the past twelve months?

Resulting in complete economic destruction?
48
12/02/2021 14:27:33 1 0
bbc
"You can't say 'I'm not going to take the vaccine, but I need everybody else to change their lives to protect me,'"
90
12/02/2021 15:06:57 1 0
bbc
God forbid that people like yourself ever actually experience real hardship..as has occurred in the past because your attitude that what we have now is QUOTE "complete economic destruction"..is completely ridiculous and over the top.
10
12/02/2021 14:14:06 12 6
bbc
digital tax = tax the new enterprise to prop up the old that no one is using (if they did it wouldn't need propping up)
15
12/02/2021 14:16:54 19 5
bbc
Railways currently get around £7bn a year subsidy from the taxpayer, discus.
47
12/02/2021 14:27:23 8 0
bbc
They sell it as targeting Amazon.
Of course they won't end up paying. It will be the 1000's of small online business's who foot the bill.
103
Bob
12/02/2021 15:20:48 2 0
bbc
It also plugs the wrong hole. If the imbalance is cause by way of the rates system - change the system, don't invent another new tax.
321
12/02/2021 19:00:15 0 0
bbc
Retail has been subsidising on-line for years. Paying FAR higher taxes.

It can't continue.
5
12/02/2021 14:09:37 62 16
bbc
Well that will make a refreshing change for a politician to be open and honest. No doubt he will still find some nice little scheme that will tap into the pockets of the Middle earners whilst leaving the Top earners to continue offshoring their wealth in our British Overseas tax havens. No doubt Amazon and eBay will get off scott free once again.
11
12/02/2021 14:14:17 27 13
bbc
Because the rich would be forced to stay in the UK and pay higher tax? Get real, once you can run a business from anywhere, you'll balance cost versus utility.
71
12/02/2021 14:49:19 5 9
bbc
Mr Yan... that's why we should tax wealth; it's not easy to hide wealth, and it's not easy to take your land or buildings with you!!!!!!!!!!!!!!
420
13/02/2021 03:43:34 1 0
bbc
You tax the business in the country it occupies.
12
12/02/2021 14:15:19 2 3
bbc
Will non-dom online retailers be exempt? Probably.

No government has tackled that, nor are they likely to.
17
12/02/2021 14:17:51 6 2
bbc
The clue is in the name - Non Dom, they are paying tax elsewhere!

Hope that helps
32
12/02/2021 14:18:49 1 1
bbc
No government anywhere in the world can really do anything about that.
13
12/02/2021 14:16:05 29 17
bbc
Taking more money from the economy to prop up government finances is a sure fire way to kill off any recovery. Perhaps the public sector could be pruned to reduce costs. The oft-quote "Bonfire of the Quangos" being a good place to start. This might also increase accountability of government departments and the politicians that lead them.
62
12/02/2021 14:36:45 38 6
bbc
And no more outrageously expensive public enquiries that achieve absolutely nothing for the general public!
100
12/02/2021 15:16:41 6 0
bbc
They could also move all gov depts out of London including perm secs, only leave what is needed for locals, then no london pay rates needed
141
12/02/2021 15:48:43 8 4
bbc
Perhaps the private sector can pay their fair share first, starting with the FANGs and rich individuals who hide wealth in tax havens.i
360
BBB
12/02/2021 20:09:45 2 0
bbc
Thats one way but he could also spend less on all the private consultants that get paid a ridiculous amout to advise the public sector what they already knows
476
13/02/2021 11:40:00 0 0
bbc
Imagine still believing this will work decades after the Tories first rolled out the old “Bonfire of the Quangos” line.
526
13/02/2021 13:36:38 0 0
bbc
So you make public servants redundant and replace then with the private sector do we? We all know how well that has worked in the past, all you would get is a far inferior service at a higher cost to us the tax payer.
8
12/02/2021 14:12:34 9 15
bbc
When a politician actually has to publicly say he will be open and honest, you know his party have been lying through their teeth on most things. Terrible state of affairs.
14
12/02/2021 14:16:30 6 3
bbc
HenryArt is such a pessimist. Probably also voted to remain.
25
12/02/2021 14:18:51 3 4
bbc
Guilty as charged!! And 'realist' is the word you were looking for, my good brexit sir....
10
12/02/2021 14:14:06 12 6
bbc
digital tax = tax the new enterprise to prop up the old that no one is using (if they did it wouldn't need propping up)
15
12/02/2021 14:16:54 19 5
bbc
Railways currently get around £7bn a year subsidy from the taxpayer, discus.
36
12/02/2021 14:19:17 6 1
bbc
Most railways the world over are heavily subsidised.
46
12/02/2021 14:25:27 6 3
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In real terms, four times the subsidy British Rail ever had.
56
12/02/2021 14:36:51 9 1
bbc
The railways are operated under a system created by John Majors government. If Johnson is to unravel the NHS reforms including the internal market, he may like to extend his thinking to the rail industry.
The cost to the taxpayers has risen.
Government ministers warned at the time, it would be a “poll tax on Wheels”.
Dismemberment of British Rail an own goal for the Conservative party.
137
12/02/2021 15:44:32 3 4
bbc
Tarmac over the railways and run the lorries up and down them, freeing up the roads for buses to replace trains.
147
12/02/2021 15:51:49 5 1
bbc
You talk rubbish - motorised transport has never paid its' fair share once the environmental damage, cost of traffic chaos and road accidents and deaths are added in.
208
12/02/2021 16:37:10 0 0
bbc
what's to discuss? I think you agree with me, railways are not digital, nor are they high street shops, your statement has no meaning, go ponder
236
12/02/2021 16:52:04 0 0
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Roads get even more ! Discuss!
16
12/02/2021 14:17:34 7 6
bbc
I don't mind old Rishi ,but come on how can you put the word "honest" in a sentence about a politician.

Its a bit like when a company takes over another and says "no jobs will be lost"
12
12/02/2021 14:15:19 2 3
bbc
Will non-dom online retailers be exempt? Probably.

No government has tackled that, nor are they likely to.
17
12/02/2021 14:17:51 6 2
bbc
The clue is in the name - Non Dom, they are paying tax elsewhere!

Hope that helps
18
12/02/2021 14:18:07 83 10
bbc
To quote the 'hounded out' former KPMG Boss Bill Michael : "I have spoken to a lot of partners, and people at all sorts of levels, where it almost feels like this [pandemic] is being done to them. Well, you can't play the role of victim unless you're sick. And I hope you're not sick, and you're not ill, and if you're not, take control of your life, don't sit there and moan about it."
266
12/02/2021 17:23:42 47 4
bbc
I always got in trouble at work when I spoke the truth too
338
12/02/2021 19:30:11 4 7
bbc
And then he had to eat his words and slink off with his tail between his legs.
443
13/02/2021 09:18:30 10 0
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HR love 'victim' types as it keeps them in a job. Used to work in a university. Always getting into trouble for speaking the truth. Managers paid for doing nothing. Our economy needs more engineering.
499
13/02/2021 12:48:05 2 4
bbc
I suspect there's more to it than meets the eye. I doubt he was moved on solely because he told people to stop moaning.
517
13/02/2021 13:22:21 5 1
bbc
too much PC crap.... the guy spoke the truth and if the glove fits then tough
637
13/02/2021 23:26:51 0 0
bbc
Prior to the pandemic of course 'sickies' had gone down by about 30% since the 'Golden Days' of the 1970s
Most people are now too scared of losing their job to throw a sickie
19
12/02/2021 14:18:14 8 6
bbc
Just wait for negative interest rates to ensure UK government pays back less than it borrowed. With our national debt at around £2 trillion he will be creative but won't think of a mansion tax, nor curbing Overseas Territory tax havens nor supertax on 4x4s nor ensuring the likes of Amazon, Google etc pay their fair share of taxes. That would be just too difficult...
86
12/02/2021 15:04:13 6 0
bbc
There are aready various forms of mansion tax.EG stamp was not removed for homes over 500k...and...eg council tax discrimminates against those in larger home..despite often only receiiving the same services /..and there are several more.
20
12/02/2021 14:18:18 122 27
bbc
I think being chancellor right now is one of the most thankless jobs you could have.
33
12/02/2021 14:22:12 39 5
bbc
Actually he's probably going to preside over an injection of cash into the economy so will continue to be seen fairly highly.
34
12/02/2021 14:22:16 9 1
bbc
I would say police officers have that title
45
12/02/2021 14:23:54 4 4
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No shortage of applicants.
58
12/02/2021 14:39:26 8 1
bbc
Since 2008 most Government borrowing has been through its bank, 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.
61
12/02/2021 14:39:59 13 4
bbc
The BoE has also been, since the 2008 crash, buying back Government bonds from financial institutions, who have in turn bought more Government bonds; and it's been going in that circular motion ever since.

This is all funded by the money conjured out of thin air; it has redirected lots more wealth to the rich, whilst we have been sold the lie we need to repay it through austerity & wage freezes.
64
12/02/2021 14:40:33 7 7
bbc
When interest rates are extremely low or, as they are currently, at a negative rate, institutions are paying the Government to look 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?
67
12/02/2021 14:42:02 2 2
bbc
If people doubt what I am saying they can read up on it here:

https://www.bankofengland.co.uk/monetary-policy/quantitative-easing

https://www.bankofengland.co.uk/markets/market-notices/2020/asset-purchase-facility-additional-corporate-bond-purchases

It's not as if the BoE hides what the Government is doing!!

The debt is also much, much smaller than the debt left at the end of WW2.
68
12/02/2021 14:43:58 10 6
bbc
"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 dear boy. There was and is no need for austerity because the debt & deficit only exists in the imagination!
113
12/02/2021 15:31:59 10 10
bbc
Thankless? Rightly so: there's nothing to thank Sunak, or any of the other useless frauds masquerading as a Government, for.
172
12/02/2021 16:09:16 6 1
bbc
Agreed that it’s not easy being any minister at the moment. Think I’d rather be chancellor than health minister though. So far, the Chancellor has been the man with the handouts.
195
12/02/2021 16:28:18 8 0
bbc
but we know he is a billionaire so no care to him.
254
12/02/2021 17:06:52 6 0
bbc
I disagree - the thankless chancellor will be the next one whose job it will be to say “we’re now broke so no free school meals, no more benefits increases, and a smaller defence budget. Oh and roads will be left to crumble, public toilets closed. Oh and by the way - tax rises for everyone to pay for our debts.” Rishi has done the easy bit - spend.
274
12/02/2021 17:31:07 7 0
bbc
He was happy to take the praise when giving away billions in borrowed money
No sympathy for him
636
13/02/2021 23:23:43 0 0
bbc
I think now Empire Builder Cummings has gone, it is easier for him
And Covid has given him a licence to print money that nobody will publicly criticise him for
And there is no pressure on him to balance the books before 2024
Maybe just stem the hemorrhaging a bit
And he might get Boris' Job soon
So seems like a good time to be Chancellor actually
21
12/02/2021 14:18:39 4 9
bbc
In a few weeks spring will be here.....and because this virus is a Coronavirus like our normal flu.....cases will inevitably fall.......but this year the Government will try to take credit for it!

It'll be very odd to watch people take credit for seasons changing.
83
12/02/2021 15:01:43 3 0
bbc
This governement has led the world in getting the people of this country vaccinated.Thats a fact whether you agree with their general politics or not.
5
12/02/2021 14:09:37 62 16
bbc
Well that will make a refreshing change for a politician to be open and honest. No doubt he will still find some nice little scheme that will tap into the pockets of the Middle earners whilst leaving the Top earners to continue offshoring their wealth in our British Overseas tax havens. No doubt Amazon and eBay will get off scott free once again.
Removed
23
12/02/2021 14:12:48 10 13
bbc
A Tory minister being open and honest....

that'll be a first.
24
12/02/2021 14:18:44 8 13
bbc
Spaff all the money on contracts with your mates.
Then get business's who worked tooth & nail through this Pandemic to pay for it.
Sounds like a solid Tory plan.
14
12/02/2021 14:16:30 6 3
bbc
HenryArt is such a pessimist. Probably also voted to remain.
25
12/02/2021 14:18:51 3 4
bbc
Guilty as charged!! And 'realist' is the word you were looking for, my good brexit sir....
7
12/02/2021 14:12:02 6 2
bbc
What a naïve and pointless comment. Look at what has happened since December 2019.
26
12/02/2021 14:19:58 2 4
bbc
what happened?, 100,000 plus deaths, industry ruined, massive debt, can't save every job, world beating ineptness? Other countries handled covid better if thats what you mean. US & EU aren't planning massive tax hikes
41
12/02/2021 14:26:41 4 1
bbc
Do you definitely know the EU and US are not going raise taxes?
27
12/02/2021 14:20:11 85 21
bbc
We all have to accept that somewhere along the line we will all need to pay towards the cost of the Support provided by the Government in the last 11 months. Whether you are a business or individual we all need to contribute.
116
12/02/2021 15:32:46 46 112
bbc
But I have consistently argued against all these lockdown restrictions, because I knew it would cause tax rises. Surely those tax rises should be targeted at the folk who actively supported these expensive lockdowns?
132
12/02/2021 15:41:55 16 16
bbc
no we don't, why? I wish people would stop saying "we all agree" or "we all accept", have you asked everyone?
136
12/02/2021 15:43:40 9 40
bbc
No, only those who can afford it should pay. Minimum wage earners, no. Average wage earners, no. High earners, yes, yes, yes
167
12/02/2021 16:04:16 26 3
bbc
Problem is it's never all of us, I've seen none of the support despite my income being decimated - yet no doubt I'll get to pay far more than my fair share because I fit a certain generalised demographic profile.
186
12/02/2021 16:23:42 18 1
bbc
Happy to contribute if I still have a job. Aircraft engineer here, 10 years experience, 5 years of studying prior, no other qualifications or experience. I’ll be on universal credit for years if I lose my job when the furlough is pulled out from underneath airlines losing millions a day even with it. My industry will take years to recover.
188
12/02/2021 16:24:52 19 8
bbc
It should seem pretty easy to identify all those that got free furlough money or the extra UC covid bonus, the Gov can then just add an extra 5% income tax on those individuals for the next 5+ years.
190
12/02/2021 16:25:17 30 3
bbc
This is true. Though it irks somewhat that, while I have worked harder than ever the past year to keep my business running, others have been furloughed and paid to do nothing. I know many did not want or choose to be furloughed, but the result is the same. I have not asked for or received a penny of government support, but I know I will now pay through the nose for those that have.
289
12/02/2021 17:54:19 3 2
bbc
We may need to contribute but the poorest should be given better conditions and pay, not pay cuts and no contract jobs. If we are going to reshape our ecomony we need to retrain those with non or few skills first.
293
12/02/2021 17:58:25 2 0
bbc
Luckily I am still working and contributing
334
12/02/2021 19:22:02 2 0
bbc
Especially Google/Apple/Amazon and Facebook.
Thieving fs.
435
13/02/2021 08:04:39 1 1
bbc
No we don’t all agree..... how many people have sort visas for other countries so they can emigrate & leave the U.K. to sort out its own mess. I know I have.

First brexit & then the pitiful response to covid
540
13/02/2021 14:18:14 1 0
bbc
"We all have to accept....". Yes, we do. You are right. It should, however, be generated through taxes that ALL pay (ie VAT) rather than income tax which only a proportion of the population pay.
548
13/02/2021 15:16:46 0 0
bbc
But of course, the poor will pay more than the rich in true Tory style. Will they tax all the cronies extra that have had 'windfall' PPE contracts . Of course not. Johnny Average and the squeezed middle will pay as always for their corruption and cronyism.
604
13/02/2021 21:05:22 0 0
bbc
Agree but some contribute a lot more than others and the rest don’t contribute at all. Increase VAT and that will capture everyone that lives in this country. Otherwise he will just come after the workers
4
12/02/2021 14:09:23 5 8
bbc
Let's hope he keeps his manifesto commitment to no tax rises. Or were those more Tory lies just to get elected??
28
12/02/2021 14:14:57 4 2
bbc
The pandemic occurred after the election. When major global problems happen, it is perfectly acceptable to change policies in response. What are Labour's policies? Oh, of course, they haven't got any! The SNP only have one policy. And there aren't any other parties worth a mention at the moment.
42
12/02/2021 14:27:02 3 5
bbc
What have Labour policies got to do with it? The Conservatives are the government and were elected on their manifesto. So far their economic mismanagement, cronyism and contempt for the public has been shameful.
29
12/02/2021 14:20:37 55 24
bbc
Give him a chance before insulting him.
44
12/02/2021 14:23:10 48 48
bbc
Check his background. Tory runs through him like Brighton through a stick of rock.
422
13/02/2021 06:41:50 0 1
bbc
"Give him a chance before insulting him." He has basically admitted he has been lying, or is he lying about lying?
527
13/02/2021 13:37:52 1 0
bbc
people are too quick to condem before they hear what he has to say, we all (at least those of us with more than one brain cell) that the pandemic and its consequences will have to be paid for
8
12/02/2021 14:12:34 9 15
bbc
When a politician actually has to publicly say he will be open and honest, you know his party have been lying through their teeth on most things. Terrible state of affairs.
30
12/02/2021 14:16:07 4 1
bbc
That is just politics. Labour can;t lie about their policies at the moment, because they don;t have any.
7
12/02/2021 14:12:02 6 2
bbc
What a naïve and pointless comment. Look at what has happened since December 2019.
31
12/02/2021 14:17:46 5 3
bbc
Lefties aren't capable of thinking anything other than 'Tories bad'. Which is why most people ignore them and Conservatives have an 80 seat majority. It would be good to hear some policies from Labour, then why might actually know what they stand for!
12
12/02/2021 14:15:19 2 3
bbc
Will non-dom online retailers be exempt? Probably.

No government has tackled that, nor are they likely to.
32
12/02/2021 14:18:49 1 1
bbc
No government anywhere in the world can really do anything about that.
20
12/02/2021 14:18:18 122 27
bbc
I think being chancellor right now is one of the most thankless jobs you could have.
33
12/02/2021 14:22:12 39 5
bbc
Actually he's probably going to preside over an injection of cash into the economy so will continue to be seen fairly highly.
241
12/02/2021 16:54:22 3 0
bbc
Better than being a nurse....
20
12/02/2021 14:18:18 122 27
bbc
I think being chancellor right now is one of the most thankless jobs you could have.
34
12/02/2021 14:22:16 9 1
bbc
I would say police officers have that title
35
12/02/2021 14:23:06 1 6
bbc
I'm glad the tories have been given an excuse to walk back austerity paired with tax cuts for those who need them least.
15
12/02/2021 14:16:54 19 5
bbc
Railways currently get around £7bn a year subsidy from the taxpayer, discus.
36
12/02/2021 14:19:17 6 1
bbc
Most railways the world over are heavily subsidised.
37
12/02/2021 14:24:24 176 1
bbc
I would firstly get a grip on any fraudulent loans made during the Pandemic which if press reports are to believed cover substantial sums, this needs performing as why should the honest tax payer subsidise crime.
102
12/02/2021 15:18:01 143 41
bbc
.... and a Public Inquiry into contracts for COVID related PPE and other items let at inflated rates with little or no competitive tendering should follow on.
133
12/02/2021 15:42:01 11 0
bbc
I agree. These loans are all for huge sums. Recruit enough people to systematically check them all.
160
12/02/2021 15:59:44 6 1
bbc
Unless the outcome is serious jail time and severe restrictions of the guilty parties future eligibility to access public and private finance there really isn't much point.

Organised intentional fraud will be impossible to recover funds from, and pursuing the unintentional fraudsters will produce sob stories in the media that will cause an outcry that leads to cases being quietly dropped.
484
13/02/2021 11:56:36 2 0
bbc
Please spare a thought for criminals who are, on the whole, finding it very hard during the lockdown. Everyone’s at home so little scope for the professional burglar . Likewise, muggers have been seriously affected (there are not enough toffs flouting lockdown rules to go around) and shop lifters are facing closed shops.
578
13/02/2021 17:59:34 0 0
bbc
They could put people on that with an incentive to keep 10% of what they recover....that would certainly get an awful lot of money back.
38
12/02/2021 14:25:24 15 14
bbc
If the chancellor really knows how to be open and honest, perhaps he should let his boss in on the secret.
Openness and honesty are not Johnson’s forte. Or, is the chancellor following in the Prime Minister’s footsteps, lie first and foremost and stuff everyone else.
70
12/02/2021 14:47:11 12 17
bbc
Don't fall for the nonsense about Rishi: he's a Tory just like Bozo and any other Tory!
8
12/02/2021 14:12:34 9 15
bbc
When a politician actually has to publicly say he will be open and honest, you know his party have been lying through their teeth on most things. Terrible state of affairs.
39
12/02/2021 14:25:47 2 0
bbc
It's a cross party thing, call me a cynic but you know a politician is lying because you can see their lips moving.
40
MVP
12/02/2021 14:26:01 5 6
bbc
Rishi Sunak is possibly the only cabinet minister who is seen to have a modicum of integrity at the moment. It must be difficult keeping this up whilst those around him say one thing and proceed to do the opposite.
26
12/02/2021 14:19:58 2 4
bbc
what happened?, 100,000 plus deaths, industry ruined, massive debt, can't save every job, world beating ineptness? Other countries handled covid better if thats what you mean. US & EU aren't planning massive tax hikes
41
12/02/2021 14:26:41 4 1
bbc
Do you definitely know the EU and US are not going raise taxes?
109
12/02/2021 15:26:37 0 1
bbc
yes, there have been multi-trillion $ stimulus so far plus a further $1.9 trillion stimulus, plus promise to do what it takes. Sounak sucks up to treasury mandarins to balance the books, raise taxes and cause a deeper recession, but he's OK jack
28
12/02/2021 14:14:57 4 2
bbc
The pandemic occurred after the election. When major global problems happen, it is perfectly acceptable to change policies in response. What are Labour's policies? Oh, of course, they haven't got any! The SNP only have one policy. And there aren't any other parties worth a mention at the moment.
42
12/02/2021 14:27:02 3 5
bbc
What have Labour policies got to do with it? The Conservatives are the government and were elected on their manifesto. So far their economic mismanagement, cronyism and contempt for the public has been shameful.
55
12/02/2021 14:32:21 4 3
bbc
When Labour have any policies, they might be listened to. At the moment that 80 seat Conservative majority looks likely to get larger at the next GE. Don't knock Conservative policies when you can't come up with any of your own. Nobody listens to people with no ideas.
43
12/02/2021 14:27:03 9 14
bbc
he will be open and honest says the man that increased corona virus cases in the UK
From 600 a day to 10'000 a day with eat out to kill out
81
12/02/2021 14:58:40 6 0
bbc
Absolute nonsense your figures are ridiculous.
29
12/02/2021 14:20:37 55 24
bbc
Give him a chance before insulting him.
44
12/02/2021 14:23:10 48 48
bbc
Check his background. Tory runs through him like Brighton through a stick of rock.
49
12/02/2021 14:30:22 15 1
bbc
But you'll never see a Tory in In the Soviet Socialist Republic of Brighton
54
12/02/2021 14:34:58 16 3
bbc
I know some honourable politicians of all party colours. I also know others who I would not trust to run a bath.

If Mr Sunak says that he will be '...honest and open...' then we should simply wait and see if he deserves to be grouped with those who are honourable (and I do not mean the polite address given to politicians).

I hope that he will.
143
12/02/2021 15:48:59 13 10
bbc
That would be because he is a Conservative MP, and the Conservatives are not only the natural party of government, they are likely to be the government for the next 20 years - at least. So, try not to be silly.
178
12/02/2021 16:18:41 11 5
bbc
Hardly. He has only been an MP since 2015 and unlike most of them he hasn't been wasting his time with party politics ever since he was 16. Seriously bright.
Same education as Anneliese Dodds - private school, Oxford PPE, First - but I know who I would rather rely on as Chancellor.
345
12/02/2021 19:40:45 3 1
bbc
As does competence.
529
13/02/2021 13:39:19 0 0
bbc
thank God for that .......... he could have a red steak going through him and then we would all be in deep doo doo !
584
13/02/2021 18:08:07 0 0
bbc
And Labour can be trusted with the country's money?
20
12/02/2021 14:18:18 122 27
bbc
I think being chancellor right now is one of the most thankless jobs you could have.
45
12/02/2021 14:23:54 4 4
bbc
No shortage of applicants.
15
12/02/2021 14:16:54 19 5
bbc
Railways currently get around £7bn a year subsidy from the taxpayer, discus.
46
12/02/2021 14:25:27 6 3
bbc
In real terms, four times the subsidy British Rail ever had.
10
12/02/2021 14:14:06 12 6
bbc
digital tax = tax the new enterprise to prop up the old that no one is using (if they did it wouldn't need propping up)
47
12/02/2021 14:27:23 8 0
bbc
They sell it as targeting Amazon.
Of course they won't end up paying. It will be the 1000's of small online business's who foot the bill.
211
12/02/2021 16:39:50 0 1
bbc
of course they will, IR always goes for the easy target
9
12/02/2021 14:13:32 3 5
bbc
You guys will love this...

https://www.bbc.co.uk/news/uk-politics-56043196

'Mark Harper, who chairs the Covid Recovery group of backbench Tories...

"You can't say .... I need everybody else to change their lives to protect me,'" he said.

S'cuse me?

Isn't that precisely what the lockdown fanatics HAVE been saying for the past twelve months?

Resulting in complete economic destruction?
48
12/02/2021 14:27:33 1 0
bbc
"You can't say 'I'm not going to take the vaccine, but I need everybody else to change their lives to protect me,'"
44
12/02/2021 14:23:10 48 48
bbc
Check his background. Tory runs through him like Brighton through a stick of rock.
49
12/02/2021 14:30:22 15 1
bbc
But you'll never see a Tory in In the Soviet Socialist Republic of Brighton
140
12/02/2021 15:46:54 18 1
bbc
There is nothing wrong in being well off and supporting equality. There is a hell of a lot wrong in being well off and denigrating the poor.
50
12/02/2021 14:31:50 24 5
bbc
The budget will be smoke and mirrors as always, with most average folks being the losers. There will also be a good many jobs gone by then as the time gap between the budget and furlough finishing is not enough.
51
12/02/2021 14:33:22 2 8
bbc
No he will not. He will come out with the usual tosh and continue the failed austerity policy.
Then he will be loudly proclaimed as some sort of genius.
77
12/02/2021 14:56:11 2 1
bbc
So called 'austerity' or 'living within our means', which is what most of us know it as, was necessary after 2008 due to the ongoing deficit which had to be reduced otherwise the markets would have imposed punitive interest rates on borrowing. This is different, this is a one off hit to borrowing and I expect he will treat it like a 'war debt' and it will be paid off over a very long time.
79
12/02/2021 14:57:30 1 0
bbc
You are behind the game. He and the government have already stated that they will not be adopting an austerity approach.
52
12/02/2021 14:31:26 3 2
bbc
never mind being open and honest.extending the help to buy scheme again.helps builders,estate agents,solicitors and a few get on the housing ladder.oh forgot helps the stock market as well.need to start thinking about something that helps everybody.
60
12/02/2021 14:39:38 3 1
bbc
zero% chance
78
12/02/2021 14:56:14 1 2
bbc
The housing industry with all its associated trades professions and services and materials is THE largest employer in any western democracy. So if one is to move the economy forward it needs to be secured.
53
12/02/2021 14:34:34 3 8
bbc
Really - I doubt it

It would start

I have spent 400 billion and saved 100,000 over 70's who will be long dead before their children and grandchildren and great grandchildren have finished paying for it

4 million pounds per person

On this basis per quality adjusted life year I am going to spent 3 trillion a year on education now
75
12/02/2021 14:54:19 6 0
bbc
You certainly need that education...go for it.
92
12/02/2021 15:08:37 2 0
bbc
What an abhorrent and uneducated person you are.
44
12/02/2021 14:23:10 48 48
bbc
Check his background. Tory runs through him like Brighton through a stick of rock.
54
12/02/2021 14:34:58 16 3
bbc
I know some honourable politicians of all party colours. I also know others who I would not trust to run a bath.

If Mr Sunak says that he will be '...honest and open...' then we should simply wait and see if he deserves to be grouped with those who are honourable (and I do not mean the polite address given to politicians).

I hope that he will.
42
12/02/2021 14:27:02 3 5
bbc
What have Labour policies got to do with it? The Conservatives are the government and were elected on their manifesto. So far their economic mismanagement, cronyism and contempt for the public has been shameful.
55
12/02/2021 14:32:21 4 3
bbc
When Labour have any policies, they might be listened to. At the moment that 80 seat Conservative majority looks likely to get larger at the next GE. Don't knock Conservative policies when you can't come up with any of your own. Nobody listens to people with no ideas.
107
12/02/2021 15:25:04 4 1
bbc
You seem to be conflating me as an individual and the Labour Party. As an individual I can knock the policies of any party I choose to. Are you one of those Tory types that is worried by free speech?
15
12/02/2021 14:16:54 19 5
bbc
Railways currently get around £7bn a year subsidy from the taxpayer, discus.
56
12/02/2021 14:36:51 9 1
bbc
The railways are operated under a system created by John Majors government. If Johnson is to unravel the NHS reforms including the internal market, he may like to extend his thinking to the rail industry.
The cost to the taxpayers has risen.
Government ministers warned at the time, it would be a “poll tax on Wheels”.
Dismemberment of British Rail an own goal for the Conservative party.
57
12/02/2021 14:38:36 1 3
bbc
what was that about the ability about pigs!
20
12/02/2021 14:18:18 122 27
bbc
I think being chancellor right now is one of the most thankless jobs you could have.
58
12/02/2021 14:39:26 8 1
bbc
Since 2008 most Government borrowing has been through its bank, 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.
59
12/02/2021 14:39:31 1 9
bbc
only one way forward for the UK NOW they have ducked everything they have touched

UK GDP debt of 108% is unsustainable without huge tax rises the will kill the UK
Economy completely off
Huge tax cuts are needed to boost the economy
we need to right off 30% of our GDP debt to ourselves
and take the devaluation of the £ that comes with it
or leave our kids in a never ending circle debt
52
12/02/2021 14:31:26 3 2
bbc
never mind being open and honest.extending the help to buy scheme again.helps builders,estate agents,solicitors and a few get on the housing ladder.oh forgot helps the stock market as well.need to start thinking about something that helps everybody.
60
12/02/2021 14:39:38 3 1
bbc
zero% chance
69
12/02/2021 14:40:43 1 0
bbc
sadly.know you are right.
20
12/02/2021 14:18:18 122 27
bbc
I think being chancellor right now is one of the most thankless jobs you could have.
61
12/02/2021 14:39:59 13 4
bbc
The BoE has also been, since the 2008 crash, buying back Government bonds from financial institutions, who have in turn bought more Government bonds; and it's been going in that circular motion ever since.

This is all funded by the money conjured out of thin air; it has redirected lots more wealth to the rich, whilst we have been sold the lie we need to repay it through austerity & wage freezes.
13
12/02/2021 14:16:05 29 17
bbc
Taking more money from the economy to prop up government finances is a sure fire way to kill off any recovery. Perhaps the public sector could be pruned to reduce costs. The oft-quote "Bonfire of the Quangos" being a good place to start. This might also increase accountability of government departments and the politicians that lead them.
62
12/02/2021 14:36:45 38 6
bbc
And no more outrageously expensive public enquiries that achieve absolutely nothing for the general public!
63
12/02/2021 14:40:19 14 12
bbc
In Rishi we trust. Massive legend.

Let's get the WHOLE UK economy firing on all four cylinders.
120
12/02/2021 15:34:49 6 7
bbc
you mean leg end?
200
12/02/2021 16:31:43 1 1
bbc
How?
Seriously How?
20
12/02/2021 14:18:18 122 27
bbc
I think being chancellor right now is one of the most thankless jobs you could have.
64
12/02/2021 14:40:33 7 7
bbc
When interest rates are extremely low or, as they are currently, at a negative rate, institutions are paying the Government to look 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?
65
12/02/2021 14:40:45 1 10
bbc
and this is the most rich person in government telling us he will be truthful.
73
12/02/2021 14:52:52 7 1
bbc
Whats is your supposed correlation between wealth and honesty?
All the statistical evidence actually points to a much stronger degree/amount of criminality amongst the poor and disadvanatged and less amongst the wealthier...for obvious reasons.
66
12/02/2021 14:41:56 46 8
bbc
Looks like some people on here think they know better than him what to to do with the economy
Realistically people need to get real
There is a lot of pain to come after the cost of the Corivirus job wise to the economy
Let's wait and see what he has to say instead of guessing
118
12/02/2021 15:34:22 30 56
bbc
pain largely caused by him and his chums, one of the worst records in the world. Raising taxes in a depression doesn't sound very clever does it? When has that ever worked?
523
13/02/2021 13:32:41 1 0
bbc
well said.. too many red flag flyers want something for nothing as usual
537
13/02/2021 14:11:51 1 0
bbc
If all economies are spending because of Covid, surely our relative position stays the same and effectively all currencies are devalued at the same rate. Only problem is if a smartass nation (China?) doesn't play by the same rules and expoits the situation. Then they call in national loans and own all of us.
20
12/02/2021 14:18:18 122 27
bbc
I think being chancellor right now is one of the most thankless jobs you could have.
67
12/02/2021 14:42:02 2 2
bbc
If people doubt what I am saying they can read up on it here:

https://www.bankofengland.co.uk/monetary-policy/quantitative-easing

https://www.bankofengland.co.uk/markets/market-notices/2020/asset-purchase-facility-additional-corporate-bond-purchases

It's not as if the BoE hides what the Government is doing!!

The debt is also much, much smaller than the debt left at the end of WW2.
20
12/02/2021 14:18:18 122 27
bbc
I think being chancellor right now is one of the most thankless jobs you could have.
68
12/02/2021 14:43:58 10 6
bbc
"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 dear boy. There was and is no need for austerity because the debt & deficit only exists in the imagination!
149
12/02/2021 15:52:47 7 2
bbc
Up to a point. Just wait until the first capital or interest payment cannot be met and the whole lot comes crashing down. That was threatened in the 1970's when Britain nearly defaulted and it could happen again.
It's easy to ignore a credit card bill as being only in the imagination until the bailiffs knock on the door.
60
12/02/2021 14:39:38 3 1
bbc
zero% chance
69
12/02/2021 14:40:43 1 0
bbc
sadly.know you are right.
38
12/02/2021 14:25:24 15 14
bbc
If the chancellor really knows how to be open and honest, perhaps he should let his boss in on the secret.
Openness and honesty are not Johnson’s forte. Or, is the chancellor following in the Prime Minister’s footsteps, lie first and foremost and stuff everyone else.
70
12/02/2021 14:47:11 12 17
bbc
Don't fall for the nonsense about Rishi: he's a Tory just like Bozo and any other Tory!
134
12/02/2021 15:42:05 3 2
bbc
Yes we could have Gordon Brown looking after the economy, a real expert, managing to sell the UK gold reserves at the exact LOWEST price for gold, wiping £BN from our reserves.
139
12/02/2021 15:45:19 0 2
bbc
A millionaire from a multi-millionaire family. He has never walked in the steps of those millions on the minimum wage.
11
12/02/2021 14:14:17 27 13
bbc
Because the rich would be forced to stay in the UK and pay higher tax? Get real, once you can run a business from anywhere, you'll balance cost versus utility.
71
12/02/2021 14:49:19 5 9
bbc
Mr Yan... that's why we should tax wealth; it's not easy to hide wealth, and it's not easy to take your land or buildings with you!!!!!!!!!!!!!!
96
12/02/2021 15:12:24 1 6
bbc
A few grams of botulinum toxin hidden in a small vial would make me a multi-billionaire.
72
12/02/2021 14:51:07 62 20
bbc
Your a likeable bloke Chancellor and will no doubt soon be PM ..

Stretch those long arms a bit, the low hanging fruit has been harvested such a lot in recent years? Look upwards on the tree at the rich sumptuous juicy stuff at the TOP.

228
12/02/2021 16:47:53 48 15
bbc
As much as I agree, why would the richest man in Parliament seek to take more from the richest people in society? He knows what side his Fortnum & Masons fresh organic sourdough bread is buttered...
315
12/02/2021 18:48:18 3 3
bbc
They're NEVER going to to that. That's where the Tory party donors live!
375
12/02/2021 20:52:34 6 1
bbc
Might want to check first at how much tax those at the top already pay...
And then look at how much they give to charity too.
How about we raise the tax rates to their level, so around 58%, I'm sure you won't mind paying the same as them?
389
12/02/2021 21:26:35 3 3
bbc
Start increasing taxes on people with high incomes who are already over and unfairly taxed and watch people leave the country. Good luck then. We need to boost the economy attract wealthy people to the country to boost tax revenues. Not drive people away.
397
12/02/2021 22:36:01 1 1
bbc
Yeah, that rationale worked out for Humpty Dumpy...not!
65
12/02/2021 14:40:45 1 10
bbc
and this is the most rich person in government telling us he will be truthful.
73
12/02/2021 14:52:52 7 1
bbc
Whats is your supposed correlation between wealth and honesty?
All the statistical evidence actually points to a much stronger degree/amount of criminality amongst the poor and disadvanatged and less amongst the wealthier...for obvious reasons.
74
12/02/2021 14:53:18 57 23
bbc
All the Labour shadow can do, as usual, is moan that Sunak hasn't announced things sooner. When asked earlier she wouldn't answer the question relating to Labours call to increase Corporation Tax by 30% which would have a significant negative impact on business. I would rather time was taken to get things right than rushing in and having to backtrack.
198
12/02/2021 16:30:51 15 23
bbc
A dogmatic RWA attempt at a deflection post based on ignorance and as usual failing.
223
12/02/2021 16:46:21 4 7
bbc
It’s not called the opposition for nothing, dear.
340
12/02/2021 19:32:38 2 4
bbc
I would rather time was taken to get things right than rushing in and having to backtrack.

You haven't been following this government very closely during the pandemic.
357
BBB
12/02/2021 20:05:10 3 3
bbc
Well time taken to get things right and not backtrack is unikely to happen with this government
455
13/02/2021 10:37:37 1 2
bbc
what is wrong with Corp tax @ 28% ?

almost half where Thatcher had it ..

you see conservatives were taken over by neo lib Corporates...its been like a coup to mine wealth and basic living standards of the many for the unseen and Global few.

GDP went up-pay and pensions went down, precarity went up..

So Mr Sunak lets have an honest converstaion about GDP per Head.You are out of warnings.
525
13/02/2021 13:35:49 3 0
bbc
typical labour opposition clap trap as usual... i would like to have seen what they would have done in this pandemic (rather not to be honest)
53
12/02/2021 14:34:34 3 8
bbc
Really - I doubt it

It would start

I have spent 400 billion and saved 100,000 over 70's who will be long dead before their children and grandchildren and great grandchildren have finished paying for it

4 million pounds per person

On this basis per quality adjusted life year I am going to spent 3 trillion a year on education now
75
12/02/2021 14:54:19 6 0
bbc
You certainly need that education...go for it.
76
12/02/2021 14:54:24 14 11
bbc
Time to start see the leveling up in the budget which is often talked about.

I'd like to see the income tax level raised to £17,500.

A windfall tax on people with assets of more than £1,000,000 each.

Office jobs moved back to the community so people can spend less time and money commuting to the cities.

Online purchase tax introduced to help save the high street.
82
12/02/2021 14:58:51 16 4
bbc
All those pensioners with homes worth £1m (quite a lot of them) but with little income will not be able to pay such a tax. You will then say they should sell, but why should they move, it's their home, it's not their fault its gone up in value.
89
12/02/2021 14:56:49 5 0
bbc
You are going to be very disappointed. But I do hope people stay working from home more now.
99
Bob
12/02/2021 15:16:25 6 2
bbc
People with assets have already been taxed on those assets. You can be asset rich but cash poor. It would not be fair to implement such an idea.

Also re: offices most people live and work in cities. The idea that moving offices would reduce commuting is fake news. Yes, a lot of people commute - but case in point, apart from the Welsh, those working in London commute the shortest distance to work.
206
12/02/2021 16:36:31 7 0
bbc
So if you've worked hard over 30 years studied to improve your skills, deferred gratification and invested your income, and end up in the £1M+ region you should then be soaked for yet more cash? (noting the 40%+ tax paid during those 30 years, the tax on interest and share gains, the CGT paid and so-on).
243
12/02/2021 17:00:29 2 0
bbc
You are likely to see indirect tax increases such as VAT, changes to tax allowances, further raid of pensions by stealth. A property tax on those above say £2m would raise a bit and not effect so many pensioners. Longer term we need a Turnover tax on all companies that trade in the UK, if they sell in the UK you pay tax. This seems a tax that a lot of countries are considering on Amazon etc
51
12/02/2021 14:33:22 2 8
bbc
No he will not. He will come out with the usual tosh and continue the failed austerity policy.
Then he will be loudly proclaimed as some sort of genius.
77
12/02/2021 14:56:11 2 1
bbc
So called 'austerity' or 'living within our means', which is what most of us know it as, was necessary after 2008 due to the ongoing deficit which had to be reduced otherwise the markets would have imposed punitive interest rates on borrowing. This is different, this is a one off hit to borrowing and I expect he will treat it like a 'war debt' and it will be paid off over a very long time.
52
12/02/2021 14:31:26 3 2
bbc
never mind being open and honest.extending the help to buy scheme again.helps builders,estate agents,solicitors and a few get on the housing ladder.oh forgot helps the stock market as well.need to start thinking about something that helps everybody.
78
12/02/2021 14:56:14 1 2
bbc
The housing industry with all its associated trades professions and services and materials is THE largest employer in any western democracy. So if one is to move the economy forward it needs to be secured.
229
12/02/2021 16:48:19 0 0
bbc
Ignorance personified.
248
12/02/2021 17:03:45 1 0
bbc
so,any other trades/business can rot?
51
12/02/2021 14:33:22 2 8
bbc
No he will not. He will come out with the usual tosh and continue the failed austerity policy.
Then he will be loudly proclaimed as some sort of genius.
79
12/02/2021 14:57:30 1 0
bbc
You are behind the game. He and the government have already stated that they will not be adopting an austerity approach.
80
12/02/2021 14:58:33 6 0
bbc
Prudent; austere; profligate; irresponsible, these are all terms that have been used to describe various governments' fiscal policies in the past. I suspect that in terms of the recent past and what confronts us in the future these terms are now are meaningless. Our economic engine is broken, spin and stunts won't fix it. We require a plan of historic proportions.
43
12/02/2021 14:27:03 9 14
bbc
he will be open and honest says the man that increased corona virus cases in the UK
From 600 a day to 10'000 a day with eat out to kill out
81
12/02/2021 14:58:40 6 0
bbc
Absolute nonsense your figures are ridiculous.
76
12/02/2021 14:54:24 14 11
bbc
Time to start see the leveling up in the budget which is often talked about.

I'd like to see the income tax level raised to £17,500.

A windfall tax on people with assets of more than £1,000,000 each.

Office jobs moved back to the community so people can spend less time and money commuting to the cities.

Online purchase tax introduced to help save the high street.
82
12/02/2021 14:58:51 16 4
bbc
All those pensioners with homes worth £1m (quite a lot of them) but with little income will not be able to pay such a tax. You will then say they should sell, but why should they move, it's their home, it's not their fault its gone up in value.
153
12/02/2021 15:55:22 1 3
bbc
There are not a large number of pensioners in the mansions you describe. This is a Tory press myth to stop fair property taxation.
197
12/02/2021 16:29:35 3 2
bbc
No it hasn’t. It’s value is what someone is prepared to pay for it, and if you are not selling, it has no value.
239
12/02/2021 16:54:43 2 0
bbc
I live on the coast, we get quite a few 'downsizing' to better homes than locals
21
12/02/2021 14:18:39 4 9
bbc
In a few weeks spring will be here.....and because this virus is a Coronavirus like our normal flu.....cases will inevitably fall.......but this year the Government will try to take credit for it!

It'll be very odd to watch people take credit for seasons changing.
83
12/02/2021 15:01:43 3 0
bbc
This governement has led the world in getting the people of this country vaccinated.Thats a fact whether you agree with their general politics or not.
84
12/02/2021 15:02:25 3 9
bbc
rishi Sunak the incompetent

the man that gave you eat out to kill out taking corona virus cases to 10'000 a day

the man that oversaw the Bounce back loans leading to billions and billions £ worth
of fraud to the UK Tax payer

says he is going to be open and honest the man behind the biggest fraud ever
committed in the UK .

Don't make me laugh .he makes Boris look intelligent
87
12/02/2021 15:04:24 3 4
bbc
No one can make Boris look intelligent!
112
12/02/2021 15:29:22 1 2
bbc
well said!
85
12/02/2021 14:53:39 11 8
bbc
Anything he says is likely to be more honest than the approach previously espoused by the opposition that everyone can have everything they want, and only the top 5% will have to pay for it!
97
12/02/2021 15:12:52 6 10
bbc
That's seems like the nonsense that comes straight out of the gutter press.
19
12/02/2021 14:18:14 8 6
bbc
Just wait for negative interest rates to ensure UK government pays back less than it borrowed. With our national debt at around £2 trillion he will be creative but won't think of a mansion tax, nor curbing Overseas Territory tax havens nor supertax on 4x4s nor ensuring the likes of Amazon, Google etc pay their fair share of taxes. That would be just too difficult...
86
12/02/2021 15:04:13 6 0
bbc
There are aready various forms of mansion tax.EG stamp was not removed for homes over 500k...and...eg council tax discrimminates against those in larger home..despite often only receiiving the same services /..and there are several more.
152
12/02/2021 15:55:17 0 0
bbc
Stamp duty is meaningless in terms of "mansion taxes " , the wealthy form offshore companies in places like the channel islands , only asset is the house and sell 100 % of the shares, hey presto you own the house and no stamp duty due , plus the impossibility proving ownership with overseas trusts .
84
12/02/2021 15:02:25 3 9
bbc
rishi Sunak the incompetent

the man that gave you eat out to kill out taking corona virus cases to 10'000 a day

the man that oversaw the Bounce back loans leading to billions and billions £ worth
of fraud to the UK Tax payer

says he is going to be open and honest the man behind the biggest fraud ever
committed in the UK .

Don't make me laugh .he makes Boris look intelligent
87
12/02/2021 15:04:24 3 4
bbc
No one can make Boris look intelligent!
88
12/02/2021 15:05:13 5 6
bbc
you can fool some of the people some of the time

but apparently all of the Tories all of the time
76
12/02/2021 14:54:24 14 11
bbc
Time to start see the leveling up in the budget which is often talked about.

I'd like to see the income tax level raised to £17,500.

A windfall tax on people with assets of more than £1,000,000 each.

Office jobs moved back to the community so people can spend less time and money commuting to the cities.

Online purchase tax introduced to help save the high street.
89
12/02/2021 14:56:49 5 0
bbc
You are going to be very disappointed. But I do hope people stay working from home more now.
9
12/02/2021 14:13:32 3 5
bbc
You guys will love this...

https://www.bbc.co.uk/news/uk-politics-56043196

'Mark Harper, who chairs the Covid Recovery group of backbench Tories...

"You can't say .... I need everybody else to change their lives to protect me,'" he said.

S'cuse me?

Isn't that precisely what the lockdown fanatics HAVE been saying for the past twelve months?

Resulting in complete economic destruction?
90
12/02/2021 15:06:57 1 0
bbc
God forbid that people like yourself ever actually experience real hardship..as has occurred in the past because your attitude that what we have now is QUOTE "complete economic destruction"..is completely ridiculous and over the top.
91
12/02/2021 15:08:08 1 3
bbc
So finally the truth Rishi that you have beggard us ? No I thought not.
53
12/02/2021 14:34:34 3 8
bbc
Really - I doubt it

It would start

I have spent 400 billion and saved 100,000 over 70's who will be long dead before their children and grandchildren and great grandchildren have finished paying for it

4 million pounds per person

On this basis per quality adjusted life year I am going to spent 3 trillion a year on education now
92
12/02/2021 15:08:37 2 0
bbc
What an abhorrent and uneducated person you are.
93
12/02/2021 15:10:29 0 4
bbc
Is he going to be open and honest about using COVID-19 as a Trojan Horse to recalibrate the economy in-line with The Great Reset?
94
12/02/2021 15:11:04 5 3
bbc
The UK is now split into two economies. The activity within the economy is dependent from the large mass of working people with limited disposable income. The second group are still sizeable but in comparison spend little and invest more which leads to increases in asset prices such as shares and property. Historically, Tory governments have taxed the first group which is inefficient.
104
12/02/2021 15:20:50 15 4
bbc
Incorrect as over 60% of the countrys ENTIRE income tax" take" comes from 40% plus tax payers.Source HMRC..O.N.S. etc
A 100k salaried person pays more income tax than 10 persons on say 18k per ann. Facts not matters of opinion. Our public sector is massively reliant on higher rate tax payers. Lower paid actually pay very little tax...first 12300 zero..and only 20% on their margin above that.
105
12/02/2021 15:19:30 3 1
bbc
They aren’t going to tax their own core vote
124
12/02/2021 15:39:26 9 7
bbc
you missed out the third group: a very large group who live on benefits, have more children than they can afford, and pay no tax, living the life of Riley at the expense of hardworking taxpayers.
5
12/02/2021 14:09:37 62 16
bbc
Well that will make a refreshing change for a politician to be open and honest. No doubt he will still find some nice little scheme that will tap into the pockets of the Middle earners whilst leaving the Top earners to continue offshoring their wealth in our British Overseas tax havens. No doubt Amazon and eBay will get off scott free once again.
95
12/02/2021 15:11:06 8 1
bbc
Check your tax facts.
Over 60% of all uk income tax is collected from "top earners" and practically nothing is collected from lower earners because they get £12300 tax free...and their marginal rate above that is only 20%..so ...they are contributing a very small proportion of the countrys total income tax take. SOURCE H.M.R.C & O.N.S
253
12/02/2021 17:06:10 6 2
bbc
... but thats the top earners that pay HMRC - the super rich dont appear ( money off shore) so the highest earning "employees" pay 60% of all taxes - the real big money investors sure don't
71
12/02/2021 14:49:19 5 9
bbc
Mr Yan... that's why we should tax wealth; it's not easy to hide wealth, and it's not easy to take your land or buildings with you!!!!!!!!!!!!!!
96
12/02/2021 15:12:24 1 6
bbc
A few grams of botulinum toxin hidden in a small vial would make me a multi-billionaire.
85
12/02/2021 14:53:39 11 8
bbc
Anything he says is likely to be more honest than the approach previously espoused by the opposition that everyone can have everything they want, and only the top 5% will have to pay for it!
97
12/02/2021 15:12:52 6 10
bbc
That's seems like the nonsense that comes straight out of the gutter press.
98
12/02/2021 15:09:33 5 7
bbc
He’s going to Chair a G7 meeting, should be great.

Item 1:- who has done worst?

Rishi: Move on!

Item 2:- Eat out to Help out - Was it a good idea?

“Move on”

Item 3:- Who is going to pay for covid & Brexit?

“I’m losing internet connection.”
76
12/02/2021 14:54:24 14 11
bbc
Time to start see the leveling up in the budget which is often talked about.

I'd like to see the income tax level raised to £17,500.

A windfall tax on people with assets of more than £1,000,000 each.

Office jobs moved back to the community so people can spend less time and money commuting to the cities.

Online purchase tax introduced to help save the high street.
99
Bob
12/02/2021 15:16:25 6 2
bbc
People with assets have already been taxed on those assets. You can be asset rich but cash poor. It would not be fair to implement such an idea.

Also re: offices most people live and work in cities. The idea that moving offices would reduce commuting is fake news. Yes, a lot of people commute - but case in point, apart from the Welsh, those working in London commute the shortest distance to work.
13
12/02/2021 14:16:05 29 17
bbc
Taking more money from the economy to prop up government finances is a sure fire way to kill off any recovery. Perhaps the public sector could be pruned to reduce costs. The oft-quote "Bonfire of the Quangos" being a good place to start. This might also increase accountability of government departments and the politicians that lead them.
100
12/02/2021 15:16:41 6 0
bbc
They could also move all gov depts out of London including perm secs, only leave what is needed for locals, then no london pay rates needed