Big Marty Posted March 21, 2012 Report Share Posted March 21, 2012 We don't even get the option to vote for who goes into Government,The politicians over here yes probably good do more but I think it's easy to criticise but could I do any better Probably not.. At least there talking which over here is a good thing,Think not matter who's in were always going to complain.Just trying to run a home is getting harder. I never was on benefits my whole life until my accident and I thought cause I had never claimed anything that now when I need them I'll be looked after,, silly silly me. Yet I know people that lived there lives and brought up families on benefits which is fine if you have no other choice, but alot of the folk I know do it cause it's easy,then when someone like myself really needs it your told no sorry your 20p over the limit of what we say you need to live on. Iam just a bit bitter naw alot bitter...!!!!!!! Quote Link to comment Share on other sites More sharing options...
Catweazle Posted March 21, 2012 Report Share Posted March 21, 2012 Oh come on...New Labour (Bliar et al) borrowed every year of the 13 years (never ever balanced their budget). They pushed up the National Debt year on year ending up with the credit crunch that spread from that twerp Bush via CDOs and New Labour insisting the FSA did nothing despite what King advised. Dear me. No point arguing with me, argue with the figures. Before the world economy crashed in 2009 the highest 5 yearly deficits ( by some margin ) were all in the last years of a long Tory government. I realise that Labour couldn't plan their way to the shops, but you can forget this myth that the Tories would have done better. Tory history shows, time after time, the plundering of national resources to give away to their rich conspirators. The utility companies are a good example. Todays budget will be worth a look, I've seen predictions of another top-rate tax cut "to stimulate business". Will this work ? I doubt it, we need small businesses to start and people don't put off starting small business because they're worried that if it is successful they'll have to pay 5p extra high rate tax. People running their own small companies pay themselves little wages for the first few years and attempt to avoid tax by paying dividends on their shares and those typically owned by their wives. A high rate tax cut is just more money into the pockets of the bankers and other corporate parasites. Back to basics, there are two taxation methods. First is a tax on earnings, second is a tax on purchases. Historically the Tories like a tax on basic purchases, this hits the lower earners hardest and leaves the rich with plenty. Labour prefer a tax on earnings, the idea being that as many people as possible have enough to live on. Neither method is perfect, but it's useful to recognize the two types. Quote Link to comment Share on other sites More sharing options...
storme37 Posted March 21, 2012 Report Share Posted March 21, 2012 your right marty if you have worked you will not know the crack or be uneligable to get help if you need it yet its people like you that paid for it. Quote Link to comment Share on other sites More sharing options...
Robin128 Posted March 21, 2012 Report Share Posted March 21, 2012 The figures do speak for themselves... Look at table Public Net Debt Fiscal Years 1900 to 2011 http://www.ukpublicspending.co.uk/downchart_ukgs.php?chart=G0-total&year=1900_2011&units=b&state=UK National debt rising from £348B in 1997 when Bliar took over to £525B in 2008 and then the crunch took it to £909B. National debt increased to 37% of GDP in 2007. This was due to extra government borrowing, largely caused by increased spending on health, education, and social security benefits. The best chancellor in the world ever (according to you know who) never balanced his budget. Cameron has to spend all of his efforts in power to try and bring UK Government spending back into equilibrium whilst striving to keep the economy out of recession. Quote Link to comment Share on other sites More sharing options...
Catweazle Posted March 21, 2012 Report Share Posted March 21, 2012 The figures do speak for themselves... Look at table Public Net Debt Fiscal Years 1900 to 2011 http://www.ukpublicspending.co.uk/downchart_ukgs.php?chart=G0-total&year=1900_2011&units=b&state=UK National debt rising from £348B in 1997 when Bliar took over to £525B in 2008 and then the crunch took it to £909B. National debt increased to 37% of GDP in 2007. This was due to extra government borrowing, largely caused by increased spending on health, education, and social security benefits. The best chancellor in the world ever (according to you know who) never balanced his budget. Cameron has to spend all of his efforts in power to try and bring UK Government spending back into equilibrium whilst striving to keep the economy out of recession. Quoting national debt is meaningless, unless you're trying the UKIP trick of grabbing headlines. I think the deficit is more important, that's why I quoted it. Quote Link to comment Share on other sites More sharing options...
CZ550Kevlar Posted March 21, 2012 Report Share Posted March 21, 2012 I think politicians are doing themselves no favors quoting national debt this and deficit that, all people really want to know is if they are allowed to keep more of their money, the can quote figures all they like about what goes where, all i care about is what i have left for my family. Quote Link to comment Share on other sites More sharing options...
AVB Posted March 21, 2012 Report Share Posted March 21, 2012 Quoting national debt is meaningless, unless you're trying the UKIP trick of grabbing headlines. I think the deficit is more important, that's why I quoted it. You think deficit is more important. Others don't. Deficit is short term. Debt is accumulated deficit. Quote Link to comment Share on other sites More sharing options...
Livefast123 Posted March 21, 2012 Report Share Posted March 21, 2012 If they cut the 50p tax rate then that will show how out of touch they are, if you are paying that rate of tax then you can be damn sure that your business is fine and dandy and probably making a donation to the Tories. Quote Link to comment Share on other sites More sharing options...
storme37 Posted March 21, 2012 Report Share Posted March 21, 2012 yep i guess we are going to find out just who they are going to look after long term Quote Link to comment Share on other sites More sharing options...
Dr W Posted March 21, 2012 Report Share Posted March 21, 2012 If they cut the 50p tax rate then that will show how out of touch they are, if you are paying that rate of tax then you can be damn sure that your business is fine and dandy and probably making a donation to the Tories. Discouraging the wealthy from living and working in Brittain isn't a good idea either. Why should you pay proportionally more just because you are doing well, you're already paying 40% of your earnings so the total goes up as you earn more. I don't earn anywhere near that amount but I don't think it's a good idea. Closing loopholes that are exploited is a better plan. Quote Link to comment Share on other sites More sharing options...
Dave-G Posted March 21, 2012 Report Share Posted March 21, 2012 Expect austerity measures that other counties are experiencing to be a big player in any budget. Be it fuel prices - to help pay for the war that gets us the fuel or earnings taxation, or spending taxation etc. Either way we need to dig ourselves out of the big hole we are in and start doing what it takes to pay back the excessive borrowing that we simply could not afford. The last few years have been too extravagant by far. We priced our industry excellence off to other countries with ever increasing costs to employers. Even now we still see call centres in other counties dealing with our own affairs. We have become an uneconomic place to do business in as far as I can see. It comes to something when most of us can find something for sale off ebay in china for less than half the price it would be from an ebay seller over here - and thats including the postage. Our cost of living rises are largely to blame in my opinion. Quote Link to comment Share on other sites More sharing options...
Uncle Albert Posted March 21, 2012 Report Share Posted March 21, 2012 They are all as bad as each other. They may start off with high ideals but they soon see how big the trough is and dive in. Who else votes for their own pay rise? Whilst teachers and nurses are having their pay cut or frozen, who is going to take bets on MP's giving themselves a pay freeze? I don't know what the answer is butwhy should I pay for people to come into this country, give them a house, pay for all their family and offspring to come after them, and then have them rob us blind. Make the fat cats answerable to the public. A bonus is supposed to be something extra to your pay, to act as a way of saying thank you for the good work. It is not supposed to be, "Take your annual salary and think of a number. Multiply that pay by the number. Don't worry, we ain't paying for it, the punters/public are." Quote Link to comment Share on other sites More sharing options...
AVB Posted March 21, 2012 Report Share Posted March 21, 2012 If they cut the 50p tax rate then that will show how out of touch they are, if you are paying that rate of tax then you can be damn sure that your business is fine and dandy and probably making a donation to the Tories. get real. Quote Link to comment Share on other sites More sharing options...
AVB Posted March 21, 2012 Report Share Posted March 21, 2012 They are all as bad as each other. They may start off with high ideals but they soon see how big the trough is and dive in. Who else votes for their own pay rise? Whilst teachers and nurses are having their pay cut or frozen, who is going to take bets on MP's giving themselves a pay freeze? I don't know what the answer is butwhy should I pay for people to come into this country, give them a house, pay for all their family and offspring to come after them, and then have them rob us blind. Make the fat cats answerable to the public. A bonus is supposed to be something extra to your pay, to act as a way of saying thank you for the good work. It is not supposed to be, "Take your annual salary and think of a number. Multiply that pay by the number. Don't worry, we ain't paying for it, the punters/public are." You read the Daily Mail too much. Let's see what bonus really means. Let's assume my market aligned compensation is 100. Of that 100, 50 is fixed and the rest is variable. If I (meet my objectives) and the company do well then the variable would be paid. So total compensation 100. However if I don't then it would be zero therefore total compensation is 50. Is the variable amount of between zero and 50 a bonus? No it is the variable element of compensation. It's is NOT something extra to my pay to act as a way of saying thank you. It is part of my pay. Quote Link to comment Share on other sites More sharing options...
Catweazle Posted March 21, 2012 Report Share Posted March 21, 2012 You think deficit is more important. Others don't. Deficit is short term. Debt is accumulated deficit. I like to watch deficit because it shows which way things are heading. A smaller deficit, to me, shows that we are closer to being able to repay our debts. You're the banker, perhaps you can explain it better. Quote Link to comment Share on other sites More sharing options...
Livefast123 Posted March 21, 2012 Report Share Posted March 21, 2012 (edited) get real. So people earning over £150,000 a year shouldn't pay more tax than lets say a nurse earning £20,000 or a headteacher earning £50,000. I don't feel it's me that needs to get real Edited March 21, 2012 by Livefast123 Quote Link to comment Share on other sites More sharing options...
AVB Posted March 21, 2012 Report Share Posted March 21, 2012 So people earning over £150,000 a year shouldn't pay more tax than lets say a nurse earning £20,000 or a Headteacher earning £50,000. I don't feel it's me that needs to get real They do pay more tax. Simple maths. That's how percentages work. 10% of 200,00 is 20,000. 10% of 20,000 is 2,000. So even a flat rate means you will pay a lot more. Quote Link to comment Share on other sites More sharing options...
Catweazle Posted March 21, 2012 Report Share Posted March 21, 2012 They do pay more tax. Simple maths. That's how percentages work. 10% of 200,00 is 20,000. 10% of 20,000 is 2,000. So even a flat rate means you will pay a lot more. Now take off the cost of surviving ( heat, food, a roof ) off those figures, call it £15k for arguments sake, and explain to me why the nurse deserves to live on the breadline whilst the investment banker buys more gold. Quote Link to comment Share on other sites More sharing options...
AVB Posted March 21, 2012 Report Share Posted March 21, 2012 Now take off the cost of surviving ( heat, food, a roof ) off those figures, call it £15k for arguments sake, and explain to me why the nurse deserves to live on the breadline whilst the investment banker buys more gold. Because he earns 200,000 and the nurse earns 20,000. Simple. Are you saying that the nurse should pay no tax and the other should pay 90% tax so that they take home the same? Are you a communist? Quote Link to comment Share on other sites More sharing options...
Dr W Posted March 21, 2012 Report Share Posted March 21, 2012 Now take off the cost of surviving ( heat, food, a roof ) off those figures, call it £15k for arguments sake, and explain to me why the nurse deserves to live on the breadline whilst the investment banker buys more gold. That's not about tax rates that's about pay in the public sector and is a different conversation. Quote Link to comment Share on other sites More sharing options...
DSPUK Posted March 21, 2012 Report Share Posted March 21, 2012 Nappies and Politicians should be changed often - Both for the same reason. Whatever happens it won't help us Pensioners - I have had to sell all my gold and downsized to a small 4 bed house. - I don't know if I can survive the year. :unsure: Dave :lol: Quote Link to comment Share on other sites More sharing options...
Catweazle Posted March 21, 2012 Report Share Posted March 21, 2012 Because he earns 200,000 and the nurse earns 20,000. Simple. Are you saying that the nurse should pay no tax and the other should pay 90% tax so that they take home the same? Are you a communist? I was illustrating why tax is ( in my opinion correctly ) based on a sliding scale rather than your hypothetical fixed-rate. From each according to his means, to each according to his needs. Actually no, I'm not a communist, not even close. I do see huge mistakes in how we value people, personally I value a nurse as highly as an investment banker but the "market" obviously doesn't. Perhaps "market forces" are not as good as we thought eh ? That's not about tax rates that's about pay in the public sector and is a different conversation. I think it's relevant, tax can be used to correct the excesses of "the market". Quote Link to comment Share on other sites More sharing options...
shaun4860 Posted March 21, 2012 Report Share Posted March 21, 2012 (edited) no change in fuel duty then car tax up by inflation cigs up by 37p/20, didnt see if he touched alcohol? top rate of tax down to 45p from next year (2013) thats all ive seen so far Edited March 21, 2012 by shaun4860 Quote Link to comment Share on other sites More sharing options...
Guest cookoff013 Posted March 21, 2012 Report Share Posted March 21, 2012 i just hoped the fuel would be reduced, but its not. all the petrol went up localy ! Quote Link to comment Share on other sites More sharing options...
Big Marty Posted March 21, 2012 Report Share Posted March 21, 2012 We are going to have to sell the wifes car not because of Tax or insurance but cant afford to keep up with the fuel prices.. :no: Quote Link to comment Share on other sites More sharing options...
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