| All this Budget Speculation 23:28 - Oct 18 with 14397 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 10:46 - Jan 25 with 232 views | 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]
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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 14:26 - Jan 25 with 197 views | AnotherJohn |
| 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]
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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. |  | | |
| All this Budget Speculation on 10:05 - Jan 26 with 149 views | 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? | | | |
| All this Budget Speculation on 10:39 - Jan 26 with 125 views | Dr_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 92 views | SullutaCreturned |
| 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. | | | |
| All this Budget Speculation on 12:44 - Jan 26 with 87 views | Dr_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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