| All this Budget Speculation 23:28 - Oct 18 with 22133 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 17:21 - Mar 17 with 1002 views | Whiterockin |
| All this Budget Speculation on 17:41 - Mar 5 by majorraglan |
There’s plenty of people out there struggling, but let’s be honest there’s a lot of people taking the p….
I’m all in favour of supporting those who genuinely can’t work and pensioners who’ve made their contribution, but those who haven’t worked because they can’t be asked are a different kettle of fish. We need to introduce work for the dole, get people off their backsides and away from their telly’s and get them doing things 37.5 hours a week. |
Working from home has changed the landscape. This has opened up opportunities for many to work who would have found it difficult before. I'm thinking of those with some disabilities in particular. |  | | |
| All this Budget Speculation on 23:18 - Mar 17 with 910 views | majorraglan |
| All this Budget Speculation on 17:21 - Mar 17 by Whiterockin |
Working from home has changed the landscape. This has opened up opportunities for many to work who would have found it difficult before. I'm thinking of those with some disabilities in particular. |
Absolutely.
Wifey has a relly who is cohabiting with his Mrs. Said couple reside in social housing, have 3 kids, she is on disability, there’s a decent haul of benefits coming so they get a lot of things paid for and for hood measure a stonking 4x4 on motorbility. Both could easily hold a job down if they wanted one. |  | | |
| All this Budget Speculation on 12:57 - Mar 18 with 821 views | ReslovenSwan1 |
| All this Budget Speculation on 23:18 - Mar 17 by majorraglan |
Absolutely.
Wifey has a relly who is cohabiting with his Mrs. Said couple reside in social housing, have 3 kids, she is on disability, there’s a decent haul of benefits coming so they get a lot of things paid for and for hood measure a stonking 4x4 on motorbility. Both could easily hold a job down if they wanted one. |
Even the Labour party realise many claimants are not genuine with a significant rise in applications. |  |
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| All this Budget Speculation on 13:08 - Mar 18 with 806 views | controversial_jack |
| All this Budget Speculation on 12:57 - Mar 18 by ReslovenSwan1 |
Even the Labour party realise many claimants are not genuine with a significant rise in applications. |
Childcare is the problem. Often nobody to look after the kids or take and get them from school | | | |
| All this Budget Speculation on 00:04 - Mar 19 with 713 views | Whiterockin |
| All this Budget Speculation on 13:08 - Mar 18 by controversial_jack |
Childcare is the problem. Often nobody to look after the kids or take and get them from school |
How did everyone manage before nurseries were available. Families structured their life around childcare. Parents worked opposite shifts, family members mucked in and everyone pulled together. Now people are chasing the pound and families want "quality time". If you want children take responsibility and stop relying on the state. People of my generation never looked for paid childcare, we lived within our means and stuck together as a family. | | | |
| All this Budget Speculation on 01:11 - Mar 19 with 703 views | Robbie |
Blue Badge and Disability car access 24 plate no less , drive with that invalid you are claiming for so not use it for your own personal usage day to day , it should be a benefit and help not be a runaround car .
Just wish I was savvy and clued up enough to milk and abuse the system we have , a failure on my part .
Maybe I should seek advice from a Human Rights lawyer , but not entitled to that help . | | | |
| All this Budget Speculation on 08:10 - Mar 19 with 629 views | JACKMANANDBOY |
Kendall said yesterday 10 percent of the workforce in the UK is on benefits and in some areas the rate was fout times that. So 40 percent of workforce is on benefits in some areas. | |
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| All this Budget Speculation on 08:14 - Mar 19 with 625 views | Dr_Winston |
I read somewhere that there are 27 million private sector workers in the UK. So that 27 million people are supporting the other 41 million. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| All this Budget Speculation on 08:24 - Mar 19 with 618 views | majorraglan |
| All this Budget Speculation on 00:04 - Mar 19 by Whiterockin |
How did everyone manage before nurseries were available. Families structured their life around childcare. Parents worked opposite shifts, family members mucked in and everyone pulled together. Now people are chasing the pound and families want "quality time". If you want children take responsibility and stop relying on the state. People of my generation never looked for paid childcare, we lived within our means and stuck together as a family. |
When I was growing up, my father worked full time while my mother didn’t work, and when she did work it was part time and we were old enough to sort ourselves out. The big difference between own and then was the cost of housing, when my parents bought their house what they could borrow was limited to 3.5 times my fathers salary and other costs were cheaper. Houses these days are much much more expensive and the average house is 7.5 times the average wage hence the requirement for both parents to work.
We’ve got politicians going on about the falling birth rate, is it any wonder when havin* a child is so expensive. | | | |
| All this Budget Speculation on 08:51 - Mar 19 with 605 views | JACKMANANDBOY |
| All this Budget Speculation on 08:14 - Mar 19 by Dr_Winston |
I read somewhere that there are 27 million private sector workers in the UK. So that 27 million people are supporting the other 41 million. |
Those look like unsustainable percentages. | |
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| All this Budget Speculation on 10:15 - Mar 19 with 571 views | Gwyn737 |
| All this Budget Speculation on 08:14 - Mar 19 by Dr_Winston |
I read somewhere that there are 27 million private sector workers in the UK. So that 27 million people are supporting the other 41 million. |
That's a bit simplitic don't you think?
We've 14+ million under 18's to 'pay' for, 13+ million pensioners who have already paid in, and 6 million public sector workers who pay tax (at source) who contribute. | | | |
| All this Budget Speculation on 10:18 - Mar 19 with 570 views | Whiterockin |
| All this Budget Speculation on 10:15 - Mar 19 by Gwyn737 |
That's a bit simplitic don't you think?
We've 14+ million under 18's to 'pay' for, 13+ million pensioners who have already paid in, and 6 million public sector workers who pay tax (at source) who contribute. |
What about the other 8 million of the 41. | | | |
| All this Budget Speculation on 10:50 - Mar 19 with 553 views | Gwyn737 |
| All this Budget Speculation on 10:18 - Mar 19 by Whiterockin |
What about the other 8 million of the 41. |
They're the ones the main conversation should be centred around. [Post edited 19 Mar 10:50]
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| All this Budget Speculation on 10:59 - Mar 19 with 535 views | Dr_Winston |
| All this Budget Speculation on 10:15 - Mar 19 by Gwyn737 |
That's a bit simplitic don't you think?
We've 14+ million under 18's to 'pay' for, 13+ million pensioners who have already paid in, and 6 million public sector workers who pay tax (at source) who contribute. |
Anyone who receives their sole income from the government is a tax recycler, not a tax payer. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| All this Budget Speculation on 11:12 - Mar 19 with 521 views | Gwyn737 |
| All this Budget Speculation on 10:59 - Mar 19 by Dr_Winston |
Anyone who receives their sole income from the government is a tax recycler, not a tax payer. |
So for accuracy you'd need to take them out of the equation entirely.
Otherwise it suggests that the tax take from the 27 million is simply proping up everything else and nothing is received in return.
We could certainly get the tax take down if we closed all healthcare, schools, the forces etc. | | | |
| All this Budget Speculation on 11:27 - Mar 19 with 518 views | Dr_Winston |
| All this Budget Speculation on 11:12 - Mar 19 by Gwyn737 |
So for accuracy you'd need to take them out of the equation entirely.
Otherwise it suggests that the tax take from the 27 million is simply proping up everything else and nothing is received in return.
We could certainly get the tax take down if we closed all healthcare, schools, the forces etc. |
The tax take from the 27m (plus corporate and business taxation) is propping up everything else though.
An NHS nurse may provide a brilliant service, but if they receive £40k a year in salary and pay £5k back in tax and NI, the Treasury is still £35k down on the deal. Money that has to come from somewhere.
There are not enough net taxpayers and too many net tax receivers. If that doesn't change the country will slowly go bankrupt. [Post edited 19 Mar 12:12]
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| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| All this Budget Speculation on 12:09 - Mar 19 with 491 views | Whiterockin |
| All this Budget Speculation on 10:59 - Mar 19 by Dr_Winston |
Anyone who receives their sole income from the government is a tax recycler, not a tax payer. |
I see it as the private sector generate income the public sector spend it. | | | |
| All this Budget Speculation on 12:14 - Mar 19 with 479 views | Gwyn737 |
| All this Budget Speculation on 12:09 - Mar 19 by Whiterockin |
I see it as the private sector generate income the public sector spend it. |
...on providing services.
The other option is just privatise everything but I'm strggling to name many successes. | | | |
| All this Budget Speculation on 12:24 - Mar 19 with 466 views | JACKMANANDBOY |
| All this Budget Speculation on 12:14 - Mar 19 by Gwyn737 |
...on providing services.
The other option is just privatise everything but I'm strggling to name many successes. |
I guess the counter argument is that you nationalise everything and we go bust tomorrow. | |
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| All this Budget Speculation on 12:36 - Mar 19 with 456 views | Gwyn737 |
| All this Budget Speculation on 12:24 - Mar 19 by JACKMANANDBOY |
I guess the counter argument is that you nationalise everything and we go bust tomorrow. |
Possibly.
And if it did a lot of it would be down to the private sector sucking money out of the public sector.
As for success, I'd hold up schools where ours (in England) are some of the highes performing in the world.
Edit: I should include that the Academy system in England has seen the privatisation of around 50% of schools at a vast cost. There has been no demonstable impact apart from the fact that there are now hundreds of trust CEOs earning over £150k with the best paid earning half a million quid. [Post edited 19 Mar 12:43]
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| All this Budget Speculation on 12:50 - Mar 19 with 429 views | Whiterockin |
| All this Budget Speculation on 12:36 - Mar 19 by Gwyn737 |
Possibly.
And if it did a lot of it would be down to the private sector sucking money out of the public sector.
As for success, I'd hold up schools where ours (in England) are some of the highes performing in the world.
Edit: I should include that the Academy system in England has seen the privatisation of around 50% of schools at a vast cost. There has been no demonstable impact apart from the fact that there are now hundreds of trust CEOs earning over £150k with the best paid earning half a million quid. [Post edited 19 Mar 12:43]
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Meanwhile school headmasters can earn up to £138,000 per annum.
https://nationalcareers.service.gov.uk/job-profiles/headteacher | | | |
| All this Budget Speculation on 12:57 - Mar 19 with 417 views | JACKMANANDBOY |
| All this Budget Speculation on 12:36 - Mar 19 by Gwyn737 |
Possibly.
And if it did a lot of it would be down to the private sector sucking money out of the public sector.
As for success, I'd hold up schools where ours (in England) are some of the highes performing in the world.
Edit: I should include that the Academy system in England has seen the privatisation of around 50% of schools at a vast cost. There has been no demonstable impact apart from the fact that there are now hundreds of trust CEOs earning over £150k with the best paid earning half a million quid. [Post edited 19 Mar 12:43]
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I don't think an academy is a private school, rather they remain state funded but free of local authority control. | |
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| All this Budget Speculation on 13:06 - Mar 19 with 405 views | Gwyn737 |
Yep.
Pretty rare but those Academy schools nomally with have CEOs and central teams on top. | | | |
| All this Budget Speculation on 13:07 - Mar 19 with 403 views | Gwyn737 |
| All this Budget Speculation on 12:57 - Mar 19 by JACKMANANDBOY |
I don't think an academy is a private school, rather they remain state funded but free of local authority control. |
...and have control to massive pay awards to Trust leadership teams. | | | |
| All this Budget Speculation on 17:48 - Mar 19 with 313 views | ReslovenSwan1 |
| All this Budget Speculation on 12:14 - Mar 19 by Gwyn737 |
...on providing services.
The other option is just privatise everything but I'm strggling to name many successes. |
British Gas. That was excellent. A local firm who a was released and sold to Shell for billions. Many shareholders bought the firms shares off the Thatcher Government. BG exploration was developing gas fields in South America by the end. Vodafone is a great UK company sold off from the British army and developed. The taxpayer did not make much our of that. Presumably they have paid corporation tax at some point being based near Basingstoke.. National Grid he as been a solid performer. Steadily growing make profits and paying tax and dividends.
BT is as dull as chips but doing OK. They were released from state ownership and formed O2. Now EE the Shara have not done much but dividends go to shareholder from the Thatcher era.
The railway and Water companies have not performed well and Thames Water my have been linked to shenanigans of some sort. Hard regulation was required with no dividends payable with out the company first hitting key performance indicators. One would assume that would not be so difficult to arrange. High dividend payments with little infrastructure improvements like the abolishing of storm water outfalls into rivers coastal areas and lakes. [Post edited 19 Mar 17:50]
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