Has anyone found anything in it for John and Jane Dough with 1.7 kids and who both work with medium incomes, an average mortgage, drink 5 pints a week, smoke 10 fags a day and pay TAX ?
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Has anyone found anything in it for John and Jane Dough with 1.7 kids and who both work with medium incomes, an average mortgage, drink 5 pints a week, smoke 10 fags a day and pay TAX ?
I found it quite boring tbh, and budgets are one of the few things for which that isn't a grave insult.
Relatively speaking there wasn't much in it. This lack of changing the tax thresholds is starting to annoy me. A year or two is fine but keeping them as they are for the best part of a decade fundamentally changes what a high earner is. It's also an easy way to put more money in lower earners pockets.
Minimum wage going is was inevitable and good for those on it of course, but I do worry we are at a point where businesses will see cutting jobs as a means to cut costs.
Agree on a few things they did re. increasing taxes on internet deliveries, online gambling, Uber etc. Personally I would have a flat 1% tax on all internet purchases to encourage in person activities.
What else was there? The budget leak beforehand was ridiculous, but the OBRs fault it seems. Kemi Badenochs budget response was ferocious, perhaps too much so.
I don't agree with the limits to ISAs, as stock investments are risky. People shouldn't feel compelled towards them. But you can still put a grand a month in a normal ISA so I'm not that concerned about people who can afford to do that.
Mixed feelings on the two child benefit limit. I'm not convinced it's a golden ticket as Universal , credit and housing benefit are greater than child benefit. Can see why it pisses off tax payers who struggle to pay for things for their own kids too.
Markets barely moved. No bad thing. Some stability is welcome I guess, but at the same time, I can't see it changing much really.
Plenty of the usual hidden stuff that most won’t notice for a while. Got to fund the mythical black hole for them to waste billions on vanity projects. Good idea to try and get the 1 million NEETS between 16-24 into doing something but you can’t just magic a course to make someone a plumber or carpenter for example.
The lefty’s are all very quiet today:hehe:
A few takes on the reaction:
Racists like to say letÂ’s start with looking after our ownÂ…until you do and then they say you canÂ’t do that they are skivers and scroungers.
Business owners moan about taxes and costs but obviously want their own staff to work for nothing.
People with £1m houses bleat they are hard done by. Many are inherited but they whine that their ‘hard graft’ isn’t rewarded.
They all think an ambulance will arrive at their house on time financed by the tooth fairy.
Well, they’ve sacked off half the inept lying cabinet already haven’t they? Even the deputy….A few more go, jump ship or Starmer does like some on here allude to, then I’d say it’s fair game for another election…can the sh*tshow continue much longer?? Everyone is soooo angry :hehe:
There are over 150 billionaires in the UK today.
Scumbag Reform brexiteers the great patriots leaving the UK to avoid tax and protect their wealth.
Unless these issues are addressed and the huge wealth gap narrowed then things will never improve and get worse.
The wealthiest in Society need to pay far more.
It wont happen though.
Seething!!!
The politics of envy will not realise a bigger take take.
Calm down i'm a basic rate tax payer :biggrin:
BTW I agree that the wealth gap is obscene, IMO by taxing them even more, and as 1000;s are doing currently, they will just piss off and the tax take gets less resulting in a bleaker outlook.
"The politics of envy" is one of the silliest and least accurate right wing mottoes. It's up there with "skivers and strivers" as some of the most puerile of throwaway lines which promote unpleasant beliefs.
You would have been much more on point using the description "politics of ethics" because that is the reality. Huge levels of inequality are very damaging and also unethical. Nature abhors a vacuum so you can be certain that when the rich elite flounce off into the sunset, their places will be occupied soon enough.