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All this Budget Speculation 23:28 - Oct 18 with 17095 viewsJACKMANANDBOY

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.

Besian Idrizaj Forever a Jack
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All this Budget Speculation on 18:37 - Jan 24 with 1205 viewsAnotherJohn

It looks as though the non-doms tax changes are set to be watered down. I don't expect this to be the last u-turn

https://www.msn.com/en-gb/money/other/reeves-to-water-down-tax-raid-on-non-doms-
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All this Budget Speculation on 10:46 - Jan 25 with 1154 viewsDr_Winston

All this Budget Speculation on 18:37 - Jan 24 by AnotherJohn

It looks as though the non-doms tax changes are set to be watered down. I don't expect this to be the last u-turn

https://www.msn.com/en-gb/money/other/reeves-to-water-down-tax-raid-on-non-doms-


The "F*ck Around" of Labour Socialist Policy is rapidly meeting the "Find Out" of economic reality.

Sixth Form politics have no place in Government. Unfortunately we have an entire Cabinet full of Ministers whose political sensibilies haven't evolved beyond that level.
[Post edited 25 Jan 10:54]

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 14:26 - Jan 25 with 1119 viewsAnotherJohn

All this Budget Speculation on 10:46 - Jan 25 by Dr_Winston

The "F*ck Around" of Labour Socialist Policy is rapidly meeting the "Find Out" of economic reality.

Sixth Form politics have no place in Government. Unfortunately we have an entire Cabinet full of Ministers whose political sensibilies haven't evolved beyond that level.
[Post edited 25 Jan 10:54]


Yep, that misguided talk from some about adults now being in the room keeps coming back to me. Sixth formers may indeed be more accurate.
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All this Budget Speculation on 10:05 - Jan 26 with 1071 viewsSullutaCreturned

Just a thought, could they be alright with rasing the tax threshold to 16k if you earn less than 100k, keep it at 12.5 for 100 to 250k but then scrap it entirely for those above 250k earnings.

Is that viable? Would it raise more than it costs?
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All this Budget Speculation on 10:39 - Jan 26 with 1047 viewsDr_Winston

All this Budget Speculation on 10:05 - Jan 26 by SullutaCreturned

Just a thought, could they be alright with rasing the tax threshold to 16k if you earn less than 100k, keep it at 12.5 for 100 to 250k but then scrap it entirely for those above 250k earnings.

Is that viable? Would it raise more than it costs?


I think there's a strong argument to be made for reducing income taxes but increasing others. For example, VAT could be raised on "luxury" items, or stamp duty on properties worth more than £500k. Things that won't bother regular people but would cost the wealthy more. In return they get to keep more of their income, and so would those lower down the earnings ladder.

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 12:06 - Jan 26 with 1014 viewsSullutaCreturned

All this Budget Speculation on 10:39 - Jan 26 by Dr_Winston

I think there's a strong argument to be made for reducing income taxes but increasing others. For example, VAT could be raised on "luxury" items, or stamp duty on properties worth more than £500k. Things that won't bother regular people but would cost the wealthy more. In return they get to keep more of their income, and so would those lower down the earnings ladder.


I'd agree there. I think increasing fuel duty is wrong when it pushes inflation but increasing VED duty on the high end cars, maybe increase MOT costs on those cars too and how about putting an insurance premium on them? It makes the rich pay more for things they want but doesn't increase costs for the poorest.
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All this Budget Speculation on 12:44 - Jan 26 with 1009 viewsDr_Winston

All this Budget Speculation on 12:06 - Jan 26 by SullutaCreturned

I'd agree there. I think increasing fuel duty is wrong when it pushes inflation but increasing VED duty on the high end cars, maybe increase MOT costs on those cars too and how about putting an insurance premium on them? It makes the rich pay more for things they want but doesn't increase costs for the poorest.


More perfect examples. I particularly like the car tax one. Charge £10k pa on anything with a list price higher than £100,000.

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 02:46 - Feb 3 with 892 viewsAnotherJohn

The latest report from the EY ITEM Club predicts that UK GDP will grow by 1% in 2025, down from a previous estimate of 1.5%, and provides a gloomy assessment of the impact of the budget.

https://www.msn.com/en-gb/money/other/britain-s-economic-growth-stopped-after-la
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All this Budget Speculation on 11:49 - Feb 7 with 780 viewsAnotherJohn

Now the Bank of England confirms that we are close to a situation of stagflation (meaning stalled growth in a period when prices are rising).

https://www.msn.com/en-us/money/markets/stagflation-threat-rises-as-bank-of-engl

Some of this can be linked to international developments, but the Budget was a major factor.
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All this Budget Speculation on 18:30 - Feb 7 with 720 viewsFlashberryjack

https://www.facebook.com/reel/1173160370895493

Hello
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All this Budget Speculation on 18:42 - Feb 7 with 703 viewsGwyn737

All this Budget Speculation on 18:30 - Feb 7 by Flashberryjack

https://www.facebook.com/reel/1173160370895493


This from nearly two years ago and in regard to the local elections about to take place.

There’s plenty at the moment to criticise Starmer and the Labour Party for. Not this though.
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All this Budget Speculation on 18:58 - Feb 7 with 692 viewsraynor94

All this Budget Speculation on 11:49 - Feb 7 by AnotherJohn

Now the Bank of England confirms that we are close to a situation of stagflation (meaning stalled growth in a period when prices are rising).

https://www.msn.com/en-us/money/markets/stagflation-threat-rises-as-bank-of-engl

Some of this can be linked to international developments, but the Budget was a major factor.


Truss was hounded out, how on earth is Reeves still in a job!

You give it out, you take it back it`s all part of the game
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All this Budget Speculation on 19:44 - Feb 7 with 681 viewsJACKMANANDBOY

All this Budget Speculation on 18:58 - Feb 7 by raynor94

Truss was hounded out, how on earth is Reeves still in a job!


She's slowly wrecking things, Truss did it somewhat quicker. Mind you the rental market is going to get a right turning over in the name of net zero leaving even less rental properties in the market. Of course, the dull idiots have announced this before improving tenants rights, expect a few evictions.

"Rayner and Miliband start EPC clampdown on landlords - Landlord Today" https://www.landlordtoday.co.uk/breaking-news/2025/02/rental-epc-clampdown-begin

Besian Idrizaj Forever a Jack
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All this Budget Speculation on 01:48 - Feb 8 with 643 viewsRobbie

Kwasi Kwarteng silence is deafening , add in Liz Truss . both hopelessly out of depth .
They both stepped back obviously incapabile of running a Nation .

Lets give our cash to Rach and Ange to waste , that black hole excuse will run out of soon ,

Bank of England have cut rates at the minimum they can , yet the GDP under Labour is going South at a rate of knots .

Trust Kwasi or our Rach , better off putting your head into the lions den .
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All this Budget Speculation on 15:17 - Feb 8 with 603 viewsFlashberryjack

All this Budget Speculation on 18:42 - Feb 7 by Gwyn737

This from nearly two years ago and in regard to the local elections about to take place.

There’s plenty at the moment to criticise Starmer and the Labour Party for. Not this though.


Proof the he's a lying hypocrit.

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All this Budget Speculation on 15:22 - Feb 8 with 598 viewsGwyn737

All this Budget Speculation on 15:17 - Feb 8 by Flashberryjack

Proof the he's a lying hypocrit.


He said “ a labour government would freeze your council tax this year” two tears ago.

Admittedly, easy to say this in opposition but not a lie.
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All this Budget Speculation on 16:28 - Feb 8 with 581 viewsFlashberryjack

All this Budget Speculation on 15:22 - Feb 8 by Gwyn737

He said “ a labour government would freeze your council tax this year” two tears ago.

Admittedly, easy to say this in opposition but not a lie.


Of course it's a bloody lie, just like his lying and hypocricy with the voice cooach.

Hello
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All this Budget Speculation on 16:55 - Feb 8 with 572 viewsGwyn737

All this Budget Speculation on 16:28 - Feb 8 by Flashberryjack

Of course it's a bloody lie, just like his lying and hypocricy with the voice cooach.


The voice coach thing is definitely an issue for me.

The council tax is isn’t because it’s demonstrably not a lie.
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All this Budget Speculation on 18:46 - Feb 8 with 547 viewsAnotherJohn

All this Budget Speculation on 16:55 - Feb 8 by Gwyn737

The voice coach thing is definitely an issue for me.

The council tax is isn’t because it’s demonstrably not a lie.


I don't want to say it is a hanging offence, but if the aim of the lockdown restrictions was to stop the virus jumping between geographical areas (and a key worker wasn't involved), the voice coach travel was a worse breach than parties attended by people who work together.
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All this Budget Speculation on 19:18 - Feb 8 with 535 viewsGwyn737

All this Budget Speculation on 18:46 - Feb 8 by AnotherJohn

I don't want to say it is a hanging offence, but if the aim of the lockdown restrictions was to stop the virus jumping between geographical areas (and a key worker wasn't involved), the voice coach travel was a worse breach than parties attended by people who work together.


Possibly. Although you could argue that it was part of his work.

Still doesn’t sit well with me.
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All this Budget Speculation on 19:34 - Feb 8 with 518 viewsLuther27

All this Budget Speculation on 19:18 - Feb 8 by Gwyn737

Possibly. Although you could argue that it was part of his work.

Still doesn’t sit well with me.


Nor with the public.
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All this Budget Speculation on 09:07 - Feb 21 with 307 viewsJACKMANANDBOY

It appears that tax income has not increased as planned.

https://www.theguardian.com/business/live/2025/feb/21/uk-record-january-budget-s

Besian Idrizaj Forever a Jack
Poll: When will Duff Revert to 4 at the Back

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All this Budget Speculation on 07:51 - Mar 5 with 131 viewsJACKMANANDBOY

Spending cuts on the way, World events will be blamed, but the budget has eaten up all the headroom Reeves had.

https://www.bbc.co.uk/news/articles/c1lpjqg2mp5o

Besian Idrizaj Forever a Jack
Poll: When will Duff Revert to 4 at the Back

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All this Budget Speculation on 17:41 - Mar 5 with 65 viewsmajorraglan

All this Budget Speculation on 07:51 - Mar 5 by JACKMANANDBOY

Spending cuts on the way, World events will be blamed, but the budget has eaten up all the headroom Reeves had.

https://www.bbc.co.uk/news/articles/c1lpjqg2mp5o


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.
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