The PistonHeads Budget
Discussion
With all the very interesting discussions over the state of the UK's public finances including debates on whether or not the Chancellor is doing a good job - and indeed whether anybody else could do any better - I have a proposition for PH'ers.
Tell us what you would do if you were Chancellor right now. What taxes would you change? What new policies would you introduce? How would you pay for any changes and what difference do you think they'd make? Would you raise/lower income tax? What would you do on stamp duty? What would you do on the matter of petrol? How would you put money back into the publics pocket without having to increase borrowing? How would you get the economy moving?
This could be interesting
I will post mine later.
Tell us what you would do if you were Chancellor right now. What taxes would you change? What new policies would you introduce? How would you pay for any changes and what difference do you think they'd make? Would you raise/lower income tax? What would you do on stamp duty? What would you do on the matter of petrol? How would you put money back into the publics pocket without having to increase borrowing? How would you get the economy moving?
This could be interesting
I will post mine later.turbobloke said:
7. Ditch red tape and reduce other costs on businesses - home grown Labour legacy tape first
The Government have been going on about reducing red tape for two years. What red tape specifically and what other costs on business would you reduce and how would you pay for it? Are you suggesting the scrapping of 'green' spending would fill the gap?trashbat said:
Hey OP, can you change your post to, 'give us your right wing ideas regardless of whether they relate to growth'?
I was thinking that myself. Some of the ideas here are pure fantasy. Getting out of the EU, repealing climate change acts etc. Never going to happen. Maybe we should stick to working within realistic boundaries?Eric Mc said:
Make ALL serious businesses register for VAT (i.e. reduce the £77,000 turnover threshold to about £10,000).
Abolish Zero Rating and other "Special Case" rates
Make Standard Rate VAT 10%
Abolish National Insurance (especially Employer's NI) and ALL the legislation that relates to it.
Lower Corporation Tax to 10%.
Leave Income Tax as it is.
How do you pay for that massive black hole you create without increasing borrowing costs? Abolish Zero Rating and other "Special Case" rates
Make Standard Rate VAT 10%
Abolish National Insurance (especially Employer's NI) and ALL the legislation that relates to it.
Lower Corporation Tax to 10%.
Leave Income Tax as it is.
s2art said:
Why do you say that? We will have to repeal the climate change act sooner rather than later, because that really is total fantasy. I will bet good money that the Tories will be forced to offer a referendum on the EU by the next set of general elections.
I say that because I asked what would you do if you were Chancellor right now. There will be no EU referendum, Blair said we'd have one once upon a time and it never materialised. The Climate Change Act won't go but it may be revised, but not in a hurry.ArmaghMan said:
Dear sir,
Your gas ,electric and water bills will be increasing by 40% from today.
We will do as all utilities always do, and pass all of the costs on to you the customer (plus a little extra).
Should you find this unacceptable you are at liberty to change supplier ( their prices may prove somewhat similar to ours but this is purely a coincidence).
Have a nice day
Any utility.com
Indeed. Believing there's a free way to fix the roads really is bananas.Your gas ,electric and water bills will be increasing by 40% from today.
We will do as all utilities always do, and pass all of the costs on to you the customer (plus a little extra).
Should you find this unacceptable you are at liberty to change supplier ( their prices may prove somewhat similar to ours but this is purely a coincidence).
Have a nice day
Any utility.com
s2art said:
Dont be so sure. Osborn was indeed trying to repeal the target dates for the climate change act in the past few days. Either he will succeed or the defacto position will be they will be ignored. I think you underestimate the feelings on the Tory back benches regarding the EU. It wont take much more to push the EU referendum centre stage. (may take Cameron with it)
If the Tories get too bogged down in another b
hfit over Europe then they will take Cameron - to the opposition benches. An EU referendum will not win the Tories the election, they campaigned on a right-wing platform regarding Immigration, Europe and Tax during the Blair years and it didn't get them anywhere.Tory voters fleeing to UKIP might lose the Tories the election, but winning them back won't win them the election.
s2art said:
You think? The public are more anti-EU than they have been for years. More to the point the Tories will have to offer a referendum, in case Labour do. The first to do so will get the benefit. In other words, the Tories will have to offer a referendum, and fairly soon, to stand a chance next elections.
Are the public really that bothered? The Express might think so but in reality I'm not so sure. I doubt EU membership comes up very often when MP's meet the public on the doorstep. It might be important to backbenchers and the sort of voter who voted for Hague and Howard when they were losing elections but I just don't think its an election winner.Didn't the Coalition announce some sort of plan to force every employer to offer a pension or something? Sounds like that needs to go for starters.
Alex said:
The North needs to learn to stand on its own two feet. And I say that as a born-and-bred Yorkshireman (now living in Surrey).
When the country is set up to suck all the money towards London and the South East, places like Yorkshire need help or they'll cease to exist. Interesting to note you're no longer in Yorkshire, helping it stand on its own two feet Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff