| All this Budget Speculation 23:28 - Oct 18 with 7013 views | JACKMANANDBOY |
The plan seems to be to raise taxes like IHT and Capital Gains and maybe on Non-Doms etc. whilst changing the rules to borrow more.
There a realistic risk here, if the tax income does not increase as planned, the very rich can work their way around these increases, and if growth is slow then the cost of borrowing increases as bond rates will go up as confidence is lost in the money markets and we will have a slow burn Liz Truss effect.
With all that is happening in the World having some gold makes a lot of sense right now. |  |
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| All this Budget Speculation on 14:37 - Oct 26 with 1148 views | SullutaCreturned |
| All this Budget Speculation on 11:37 - Oct 26 by union_jack |
Why not? What happens if they are house owners and their roof needs replacing or any other major job. That money is there for security so they know they can pay for something essential if needed. In the grand scheme of things, it’s not a lot of money. |
If the roof needs raplacing? Depends on the reason why I guess, if it's damaged by extreme weather or bad workmen then claim on insurance.
Parts of a roof may need work but the whole roof?
I agree that 16k is too much, I think 10k is reasonable. Of course things can change depending on where you live. I read recently that people who lived in areas known to flood cannot get insurance anymore. in which case 30k seems more apt. |  | | |
| All this Budget Speculation on 19:53 - Oct 26 with 1105 views | onehunglow |
At least they’ve binned the working “ class”
People sounds less stigmatising | |
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| All this Budget Speculation on 20:32 - Oct 26 with 1098 views | Scotia |
| All this Budget Speculation on 11:37 - Oct 26 by union_jack |
Why not? What happens if they are house owners and their roof needs replacing or any other major job. That money is there for security so they know they can pay for something essential if needed. In the grand scheme of things, it’s not a lot of money. |
Because I have to work to make sure I can do that. Everyone should.
I expect to maintain my own house as long as it's mine. | | | |
| All this Budget Speculation on 21:35 - Oct 26 with 1055 views | union_jack |
| All this Budget Speculation on 20:32 - Oct 26 by Scotia |
Because I have to work to make sure I can do that. Everyone should.
I expect to maintain my own house as long as it's mine. |
I have to apologise, for some reason I saw benefits and read pension. Ignore me, it’s usually for the best😂. |  |
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| All this Budget Speculation on 21:42 - Oct 26 with 1056 views | Scotia |
| All this Budget Speculation on 21:35 - Oct 26 by union_jack |
I have to apologise, for some reason I saw benefits and read pension. Ignore me, it’s usually for the best😂. |
No worries.
For the record any comment I make about benefits doesn't include state pension.
Most people earn that and deserve every penny of it. | | | |
| All this Budget Speculation on 22:01 - Oct 26 with 1026 views | majorraglan |
A couple of weeks ago I attended at voluntary sector event where I spoke to a young girl aged around 20/22 about her volunteering work. The young lady explained that she was now working so her voluntary h work had reduced, but she had to be careful that her hours didn’t exceed 15 hours a week. The penny didn’t drop straight away, but the reference to 15 hours was so her benefits weren’t affected. She was happy to wrk 15 hours and do voluntary work on top, but didn’t want to work for more than 16 hours.
This kind of stuff needs to be sorted, people who can work are choosing not to and are gaming the system. 🤬 | | | |
| All this Budget Speculation on 00:09 - Oct 27 with 975 views | JACKMANANDBOY |
| All this Budget Speculation on 22:01 - Oct 26 by majorraglan |
A couple of weeks ago I attended at voluntary sector event where I spoke to a young girl aged around 20/22 about her volunteering work. The young lady explained that she was now working so her voluntary h work had reduced, but she had to be careful that her hours didn’t exceed 15 hours a week. The penny didn’t drop straight away, but the reference to 15 hours was so her benefits weren’t affected. She was happy to wrk 15 hours and do voluntary work on top, but didn’t want to work for more than 16 hours.
This kind of stuff needs to be sorted, people who can work are choosing not to and are gaming the system. 🤬 |
Good old Gordon Brown and his working tax credits, the Dull Idiot could not see that people would limit their work to maximise their tax credits income or employers would hold down wages as the government will top up incomes.
He should have simply increased the minimum wage gradually. He created the conditions for low wages and higher welfare bills. | |
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| All this Budget Speculation on 08:05 - Oct 27 with 905 views | onehunglow |
| All this Budget Speculation on 20:32 - Oct 26 by Scotia |
Because I have to work to make sure I can do that. Everyone should.
I expect to maintain my own house as long as it's mine. |
You own your house !
My Gid,you’ve probably got money aside to pay for a new boiler or a microwave .
You Int working class.
You’re fair game for Rachel and Keir | |
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| All this Budget Speculation on 10:30 - Oct 29 with 812 views | controversial_jack |
Working class isn't a slur. It's doesn't infer that anyone is educationally inferior, it's just a sociological term to refer to those who are | | | |
| All this Budget Speculation on 13:14 - Oct 29 with 757 views | Whiterockin |
| All this Budget Speculation on 10:30 - Oct 29 by controversial_jack |
Working class isn't a slur. It's doesn't infer that anyone is educationally inferior, it's just a sociological term to refer to those who are |
There's a big difference to what is seen as "working class" and "working people". |  | | |
| All this Budget Speculation on 15:34 - Oct 29 with 685 views | felixstowe_jack |
| All this Budget Speculation on 13:14 - Oct 29 by Whiterockin |
There's a big difference to what is seen as "working class" and "working people". |
Working people can be working class, middle class or upper class. Labour cannot define what working people are. Even Starmer likes to pretend he is working class despite his title. | |
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| All this Budget Speculation on 15:48 - Oct 29 with 674 views | Whiterockin |
| All this Budget Speculation on 15:34 - Oct 29 by felixstowe_jack |
Working people can be working class, middle class or upper class. Labour cannot define what working people are. Even Starmer likes to pretend he is working class despite his title. |
Class is all in the mind. | | | |
| All this Budget Speculation on 13:47 - Oct 30 with 551 views | builthjack |
Fantastic budget by Reeves. Fair play. |  |
| Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
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| All this Budget Speculation on 14:03 - Oct 30 with 537 views | builthjack |
Sunak the greasy freak is now trying to claim the credit.u believable Jeff. Time for him to dissappear with his wife's non dom billions. | |
| Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
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| All this Budget Speculation on 14:12 - Oct 30 with 523 views | onehunglow |
| All this Budget Speculation on 15:34 - Oct 29 by felixstowe_jack |
Working people can be working class, middle class or upper class. Labour cannot define what working people are. Even Starmer likes to pretend he is working class despite his title. |
Working people taken over from working class.
Greasy freak
What a filthy phrase
You should be ashamed | |
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| All this Budget Speculation on 14:21 - Oct 30 with 512 views | AnotherJohn |
I thought both speeches were good, and Rachel Reeves's performance was better than I expected. It is going to take time to digest the implications of the overall budget package. | | | |
| All this Budget Speculation on 14:23 - Oct 30 with 506 views | JACKMANANDBOY |
I'm pleased I no longer run my own business! | |
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| All this Budget Speculation on 14:24 - Oct 30 with 505 views | onehunglow |
| All this Budget Speculation on 14:21 - Oct 30 by AnotherJohn |
I thought both speeches were good, and Rachel Reeves's performance was better than I expected. It is going to take time to digest the implications of the overall budget package. |
One thing for sure.
It’s a gamble with “ working people” being first on line if things go tits up.
Massive increased borrowing is a gamble.
Penny off a pint is a pitiful gesture and rather insulting
NI insurance contributions will increase significantly and employers will be worried | |
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| All this Budget Speculation on 14:31 - Oct 30 with 496 views | builthjack |
| All this Budget Speculation on 14:24 - Oct 30 by onehunglow |
One thing for sure.
It’s a gamble with “ working people” being first on line if things go tits up.
Massive increased borrowing is a gamble.
Penny off a pint is a pitiful gesture and rather insulting
NI insurance contributions will increase significantly and employers will be worried |
Significantly?
£120 a year extra on your average £30k a year to be paid by the employer. It's a little, but not significant. | |
| Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
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| All this Budget Speculation on 14:33 - Oct 30 with 493 views | onehunglow |
| All this Budget Speculation on 14:31 - Oct 30 by builthjack |
Significantly?
£120 a year extra on your average £30k a year to be paid by the employer. It's a little, but not significant. |
You’re a Labour man .
You post accordingly
Yeah ,significantly
Hope you aren’t one of those wealthy mid Wales farmers who will be leaving the family farm to siblings .
She could have increased fuel duty immediately and also alcohol and betting tax .For a start .
She could have cut the VAT on home chargers to encourage people to ditch internernal combustion engined vehicles [Post edited 30 Oct 14:36]
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| All this Budget Speculation on 14:47 - Oct 30 with 485 views | builthjack |
But she didn't increase fuel duty.
The Tories said she would.
She didn't increase income tax.
The Tories said she would.
She didn't increase vat.
The Tories said she would.
I could go on.
I didn't agree with ghe taking g away of ghe winter fuel allowance .
4 months to put right 14 years of carnage.
10 years needed.
But a good start. | |
| Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
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| All this Budget Speculation on 15:04 - Oct 30 with 461 views | JACKMANANDBOY |
Well Government costs are now guaranteed to go up, if revenue does not increase via growth, the cost of money to government will increase. She will have to come back for more tax. [Post edited 30 Oct 15:05]
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| All this Budget Speculation on 15:24 - Oct 30 with 426 views | raynor94 |
| All this Budget Speculation on 14:47 - Oct 30 by builthjack |
But she didn't increase fuel duty.
The Tories said she would.
She didn't increase income tax.
The Tories said she would.
She didn't increase vat.
The Tories said she would.
I could go on.
I didn't agree with ghe taking g away of ghe winter fuel allowance .
4 months to put right 14 years of carnage.
10 years needed.
But a good start. |
£40 Billion tax burden the highest ever, and growth forecast to go down.
I sincerely hope she knows what she's doing |  |
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| All this Budget Speculation on 15:25 - Oct 30 with 425 views | majorraglan |
| All this Budget Speculation on 15:04 - Oct 30 by JACKMANANDBOY |
Well Government costs are now guaranteed to go up, if revenue does not increase via growth, the cost of money to government will increase. She will have to come back for more tax. [Post edited 30 Oct 15:05]
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Lots of if’s and but’s there. Maybe the budget and strategy will deliver what she wants and costs will go down as revenue increases.
I’m hoping that some of the budget finds its way in to improved infrastructure around the Brynglas tunnels. That could turbo charge growth in Wales. If I was Starmer I’d be telling Eluned Morgan to sort it because it’s things like the Brynhlas tunnels which will make or break investment in South Wales. | | | |
| All this Budget Speculation on 15:45 - Oct 30 with 396 views | SullutaCreturned |
| All this Budget Speculation on 13:47 - Oct 30 by builthjack |
Fantastic budget by Reeves. Fair play. |
Aome people claimed taxes wouldn't rise but most could see they had too.
The NI rise does worry employers, it's an extra cost to them and is forecast by the OBR to have a suppressing effect on wages going forward.
I'm not really bothered by tax rises as to improve things, taxes absolutely had to rise.
For improvements though, we also need the public sector to spend more wisely, to cut waste and then, politics should be looking to vut it's own costs, the gravy train needs controlling. | | | |
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