| The budget 06:44 - Nov 4 with 4508 views | chicoazul |
Looks like all the TWTDers who have been lecturing us about how we need to pay more tax it’s our duty the country is in ruins etc are going to get their wish.
I expect the next three years to be absolute halcyon days with the grown ups in charge and income tax & NI seeing the clever people in the treasury raking it in! How exciting! |  |
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| The budget on 16:29 - Nov 4 with 927 views | vapour_trail |
| The budget on 13:56 - Nov 4 by chicoazul |
Going well with your lot isn’t it, imagine you’re delighted ushering Farage into power. |
My lot? You seem to have me mixed up with someone else sunshine. |  |
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| The budget on 16:33 - Nov 4 with 913 views | chicoazul |
| The budget on 16:29 - Nov 4 by vapour_trail |
My lot? You seem to have me mixed up with someone else sunshine. |
No no, you’re the same idiot you’ve always been. | |
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| The budget on 16:39 - Nov 4 with 898 views | Swansea_Blue |
| The budget on 10:10 - Nov 4 by Churchman |
The processes that were in place to tackle tax avoidance were comprehensive and specialised. Some would go after large business, some small business, personal tax you name it. To become a tax inspector requires brains and hard work. Beyond the qualifications you then need to learn the job which takes years.
The tories waved an airy hand and didn’t care about that. 1000s were retired, moved on voluntarily to businesses like insolvency practitioners etc. one bloke I know retired at 50. Pension to 60 all paid up and paid from date of retirement. Golden handshakes? Oh yeah and they’d have been mad to stay.
All govt cared about was head count. Get em out the door at any price was govt policy (austerity). When I challenged an acquaintance in Treasury on the folly of this he said ‘don't be silly, we can just print more money’.
A friend ran a highly specialised team going after the big guys. The serious criminals. They were recovering literally millions or seizing bad guys assets. Mansions, Rollers, Ice Cream vans, barges, hotels, golf course. You name it. They’re actual examples. The team has been all but gone now.
When Brexit fraud raised its head, a lot of the big hitter teams were redirected on it. Serious criminals? Who cares. The govt and everyone knew there was no chance of recovering the money (lucky for them as thanks to their mates I’ve no doubt their hands were dirty with it) but Hunt or whoever wanted to tell Parliament that recovering the money was the priority. So how much was recovered? Yep, you’ve guessed it. Politics before practical reality.
The govt at the time said serious crime was no longer a priority. This is not a lie. It’s how it was and is. There’s no votes in cutting waste and fraud so I doubt this lot are any more interested than the last. |
I’m not surprised by that, it seems to be a common pattern across much of central and local government.
For some reason we seem to have got ourselves into a ‘pile it high, sell it cheap’ society. Tax isn’t especially high compared to many countries, but with large periods of wage stagnation any rise hits people (plus there’s the ideological low tax lobbying which warps people’s views; a dominant feature of UK and US politics). When my better half worked overseas she paid much more tax than here, but then her salary was significantly higher too (about 50%ish higher if I remember correctly). |  |
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| The budget on 17:33 - Nov 4 with 848 views | vapour_trail |
| The budget on 16:33 - Nov 4 by chicoazul |
No no, you’re the same idiot you’ve always been. |
Well that post you are quite correct on.
Stopped clocks and all that. | |
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| The budget on 17:35 - Nov 4 with 845 views | LutherBlissett |
| The budget on 07:05 - Nov 4 by chicoazul |
Like you did. |
Like you tried to do.
But after two weeks you had to follow your missus back home with your tiny tail between your legs.
Lol |  | | |
| The budget on 17:53 - Nov 4 with 800 views | bartyg |
| The budget on 16:06 - Nov 4 by mellowblue |
I get the impression post covid this has risen because many have opted out of working altogether. Whether mental health is responsible or whether it is a card being played? I know it is a callous remark, but I come across too many playing the system. |
Hear a lot about people playing the system
The times I most frequently encounter tax evasion it's white british men doing cash in hand jobs
Far more likely that anyone on employment related benefits are either in work already and it doesn't pay enough, or looking for work and there simply aren't jobs! |  | | |
| The budget on 17:58 - Nov 4 with 779 views | ArnoldMoorhen |
| The budget on 07:51 - Nov 4 by DJR |
It was austerity wot done it, according to a Nobel prize-winning economist.
https://www.theguardian.com/politics/ng-interactive/2024/jun/28/how-the-unforced
Austerity itself was an excuse to shrink the state and we have been suffering the consequences ever since.
EDIT: here is an extract.
To sum up: a decade ago, the main critique of austerity was macroeconomic – it was holding back recovery from the severe recession that followed the global financial crisis. And it did. But that was not the end of the story. Austerity also gradually undermined public services, including healthcare.
What will a Labour government do to reverse this damage? There are two reasons to worry it will fall short.
First, the era of Conservative austerity coincided with an era of low interest rates and substantial excess capacity, exactly the conditions under which Britain should have been investing in its future. The current environment is much less favourable.
Second, Labour’s stated plans lack any ambition to reverse austerity. In the US, the Biden administration came in with bold plans and managed to accomplish a significant fraction of them despite having only a razor-thin congressional majority. I am not hearing anything comparable from Labour, even though Keir Starmer seems on course to have political capital beyond the wildest dreams of US progressives.
I hope to be proved wrong. But right now it looks as though the shadow of austerity policies adopted in error 14 years ago will continue to darken Britain’s prospects for many years to come.
[Post edited 4 Nov 8:02]
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You are forgetting that the Brexit supporters like Glasgow "have had quite enough of experts". | | | |
| The budget on 18:05 - Nov 4 with 759 views | lowhouseblue |
| The budget on 17:53 - Nov 4 by bartyg |
Hear a lot about people playing the system
The times I most frequently encounter tax evasion it's white british men doing cash in hand jobs
Far more likely that anyone on employment related benefits are either in work already and it doesn't pay enough, or looking for work and there simply aren't jobs! |
in the 16 to 24 age group there are now just short of 1 million neets. only 1/3rd are looking for work - 2/3rds are economically inactive. most of the inactive neets will be in receipt of benefits at a huge total cost. there's no point in pretending that it's not an issue or that it doesn't impact the fiscal position, or the need for extra tax, or the availability of money to spend on other things. |  |
| And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show |
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| The budget on 19:58 - Nov 4 with 678 views | JammyDodgerrr |
| The budget on 12:58 - Nov 4 by lowhouseblue |
"Austerity itself was an excuse to shrink the state and we have been suffering the consequences ever since."
you think the state has shrunk since 2010? |
It hasn't but we've had to grow it enormously to cover things that we didn't have to do, before Brexit.
I do hope the mooted income tax change is 2p off NI, and 2p on Income Tax. It makes so much sense and you can do it every year until NI is gone. Makes so much sense and raises a ton of money without "working people" feeling it. |  |
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| The budget on 20:44 - Nov 4 with 642 views | chicoazul |
| The budget on 17:35 - Nov 4 by LutherBlissett |
Like you tried to do.
But after two weeks you had to follow your missus back home with your tiny tail between your legs.
Lol |
I understand the idea of making one’s wife happy is alien to you and I’m sorry. | |
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| The budget on 23:37 - Nov 4 with 592 views | Clapham_Junction |
| The budget on 13:28 - Nov 4 by MJallday |
The chancellor seems to think everyone on more than 45k is a bl**y millionaire, living the life of riley
what she fails to appreciate is this
45k a year = 3k bringhome
£1000 = most peoples rent/mortgage
£100 = most peoples gas bill
£150 = msost peoples electricty bill
£50 = most peoples water bill
£300 = most peoples transport costs (to get to work)
£250 = most peoples council tax bill
£200 = most peoples insurances (car/buildings/life/health/contents)
£500 = most peoples food bill a month
£50 = mobile phone bills
this leaves less than £75 a week to actually do anything. assuming none of the appliances in your house break, you dont want to leave the house to do anything except work, dont have any other expenses not listed above and basically want to live - oh and dont have any car payments (which most people do) , loan payments (which most people do ) , credit card payments (which most people do) or similar.
i maintain, and i will absolutely die on this hill - if you earn less than 150k a year in the UK - you cannot be considered wealthy or well off.
30 years ago, probably. not now. |
Most people do not pay £150 a month for electricity and £100/month for gas. If you do, you either live in a massive house, have the heating on all the time, or are on the worst tariff ever.
Most people do not pay £250 a month for council tax, as that is band E or F.
£50 a month for a mobile phone or £2,400 a year for insurance? I think you're being ripped off. Unless that includes private health insurance, in which case again it's not most people. |  | | |
| The budget on 09:27 - Nov 5 with 460 views | DJR |
| The budget on 12:58 - Nov 4 by lowhouseblue |
"Austerity itself was an excuse to shrink the state and we have been suffering the consequences ever since."
you think the state has shrunk since 2010? |
It was certainly misconceived and cost more in the long term but it certainly is the case that vast areas of the state have shrunk in the sense that they are not able to meet demand.
Health, social care and the criminal justice system spring to mind.
[Post edited 5 Nov 10:00]
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| The budget on 10:11 - Nov 5 with 417 views | JammyDodgerrr |
| The budget on 13:28 - Nov 4 by MJallday |
The chancellor seems to think everyone on more than 45k is a bl**y millionaire, living the life of riley
what she fails to appreciate is this
45k a year = 3k bringhome
£1000 = most peoples rent/mortgage
£100 = most peoples gas bill
£150 = msost peoples electricty bill
£50 = most peoples water bill
£300 = most peoples transport costs (to get to work)
£250 = most peoples council tax bill
£200 = most peoples insurances (car/buildings/life/health/contents)
£500 = most peoples food bill a month
£50 = mobile phone bills
this leaves less than £75 a week to actually do anything. assuming none of the appliances in your house break, you dont want to leave the house to do anything except work, dont have any other expenses not listed above and basically want to live - oh and dont have any car payments (which most people do) , loan payments (which most people do ) , credit card payments (which most people do) or similar.
i maintain, and i will absolutely die on this hill - if you earn less than 150k a year in the UK - you cannot be considered wealthy or well off.
30 years ago, probably. not now. |
I think some of these are off. Here's mine on a 3 bed house, with 2 adults/2 kids. I earn 50k and am the sole earner.
£800 Mortgage(Naturally this one varies the most, I've been in our house for five years)
£120 Gas/Electric
£62 Water
£150 Diesel
£162 Council Tax(Grade B)
£40 Car Insurance/House Insurance
£500 Food
£20 Phone Bill(Sim only)
I've said it before that our biggest crisis is actually the huge lack of financial education in this country. Nobody knows how to manage their money, or talk about it. Everyone is laden down with car payments, phone handset costs, bad deals on their internet, insurance etc and it's playing a huge part in killing people. We have to find a way to improve it. | |
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| The budget on 10:12 - Nov 5 with 416 views | lowhouseblue |
| The budget on 09:27 - Nov 5 by DJR |
It was certainly misconceived and cost more in the long term but it certainly is the case that vast areas of the state have shrunk in the sense that they are not able to meet demand.
Health, social care and the criminal justice system spring to mind.
[Post edited 5 Nov 10:00]
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real terms healthcare expenditure: 2010 = £227bn and 9.5% GDP; 2024 = £317bn and 11.1% gdp.
shrunk is a strange word to describe that. it's a more complex story than you suggest. | |
| And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show |
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| The budget on 10:36 - Nov 5 with 385 views | DJR |
| The budget on 10:12 - Nov 5 by lowhouseblue |
real terms healthcare expenditure: 2010 = £227bn and 9.5% GDP; 2024 = £317bn and 11.1% gdp.
shrunk is a strange word to describe that. it's a more complex story than you suggest. |
Leaving aside the fact that austerity affected growth and so GDP, real terms increases in health spending have been lower under governments since 2010 than under any government since 1955. And that at a time of an ageing and rapidly increasing population. The figures for the coalition government who went big on austerity are particularly damning, and in my view did the real damage.
https://www.kingsfund.org.uk/insight-and-analysis/data-and-charts/nhs-budget-nut
And of course, a health service that can't cope with demand will have an impact on another topic on this thread, namely, people being economically inactive. [Post edited 5 Nov 10:47]
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| The budget on 10:45 - Nov 5 with 360 views | Reus30 |
I don't care if income tax raises - I already pay more than most anyway because I live in Scotland.
But free prescriptions for now so.... meh.
Isn't life just full of misery. |  | | |
| The budget on 10:49 - Nov 5 with 356 views | Radlett_blue |
| The budget on 10:36 - Nov 5 by DJR |
Leaving aside the fact that austerity affected growth and so GDP, real terms increases in health spending have been lower under governments since 2010 than under any government since 1955. And that at a time of an ageing and rapidly increasing population. The figures for the coalition government who went big on austerity are particularly damning, and in my view did the real damage.
https://www.kingsfund.org.uk/insight-and-analysis/data-and-charts/nhs-budget-nut
And of course, a health service that can't cope with demand will have an impact on another topic on this thread, namely, people being economically inactive. [Post edited 5 Nov 10:47]
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The answer to healthcare in the UK is not simply throwing even more money at the problem.
Most European countries offer universal access, but use a mixed system involving tightly regulated health insurance companies and these seem to work far better than the UK system, which costs a fortune but seems to please very few.
However, changing the UK system seems impossible in the modern world of shouty politics. I can hear the screams of "privatising the NHS", "helping your billionaire corporate mates" if the Tories proposed anything like this so we'll muddle along, like we usually do. |  |
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| The budget on 13:31 - Nov 5 with 297 views | HotShotHamish |
| The budget on 08:47 - Nov 4 by Herbivore |
A lot of people on universal credit are in work, they are just paid a pitifully low wage. A lot of other people on benefits have disabilities that mean they can't work. The number of people who could work, who live in an area that has jobs that they are capable of doing, but who don't work is very small and would make no real difference to the overall public finances. |
Nobody is paid a pitiful wage as you state in your post. The NLW has risen, mostly above inflation, for years and is now at a level that can, in no way, be described as pitiful.
Your assertion that the number of people who can work, but don't, is made up from your own political leanings, rather than any real evidence. Just as it is easy for me to say that thousands of people off work due to minor mental health issues could work. Both statements can be challenged and both were made without any real facts.
Just because you write it from your exalted position on the hill of virtue - doesn't mean it is true. | | | |
| The budget on 14:04 - Nov 5 with 279 views | Leaky |
| The budget on 14:01 - Nov 4 by DJR |
The elephant in the room is that the latest figures from ONS show 717,000 vacancies, and I rather doubt that many don't require prior experience.
And given that my daughter, who left university two years ago, has had on job applications to account for all she has done since 18, it doesn't strike me that employers are particularly keen on gaps in employment.
EDT: According to the ONS, this is the 39th consecutive period where vacancy numbers have dropped compared with the previous three months, with vacancies decreasing in half of the 18 industry sectors.
It ain't easy to get a job these days, and even graduates are struggling. [Post edited 4 Nov 14:30]
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Strange that graduates can't find employment. Labour are promising to build 1.5 million houses by the end of this Parliment, we have a shortage of skilled trades to build them. |  | | |
| The budget on 15:41 - Nov 5 with 226 views | MJallday |
| The budget on 23:37 - Nov 4 by Clapham_Junction |
Most people do not pay £150 a month for electricity and £100/month for gas. If you do, you either live in a massive house, have the heating on all the time, or are on the worst tariff ever.
Most people do not pay £250 a month for council tax, as that is band E or F.
£50 a month for a mobile phone or £2,400 a year for insurance? I think you're being ripped off. Unless that includes private health insurance, in which case again it's not most people. |
It depends where you live on the gas and electricty
£200-250 a month is normal for a 4 bedroom house
my council tax band is D (it goes up to G) and i can tell you now its £235 a month - it will also go up 5% next year
£50 a mobile phone is cheap. Again, my, my wifes and my kids mobiles come to £100
£2400 a year for insurances is £200 a month, when i talk about insurances i bundle in car insurances, house insurances and the like
the figures are not unrealistic |  |
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| The budget on 15:56 - Nov 5 with 204 views | LutherBlissett |
| The budget on 20:44 - Nov 4 by chicoazul |
I understand the idea of making one’s wife happy is alien to you and I’m sorry. |
I imagine pleasing your wife isn't all that difficult. | | | |
| The budget on 16:06 - Nov 5 with 179 views | chicoazul |
| The budget on 15:56 - Nov 5 by LutherBlissett |
I imagine pleasing your wife isn't all that difficult. |
Stop imagining other peoples wives MJH you don’t want to get banned again. | |
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