Snap General Election?

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PurpleAki

1,601 posts

88 months

Tuesday 23rd May 2017
quotequote all
El stovey said:
Theresa May, being prime ministerial, making statements pledging resources to the security services, condemning terrorists.

Jeremy Corbyn, getting press for making elusive statements about terrorism yesterday.

Election over.
More than likely.

And don't forget some of those lovely lefties think the Conservatives (in league with the CIA) are behind the whole thing...



57 Chevy

5,411 posts

236 months

Tuesday 23rd May 2017
quotequote all
Murph7355 said:
57 Chevy...

(1) is in the Tory manifesto, though it's more a footnote.
Means testing winter fuel benefits and all the admin that goes with it is a step in the wrong direction. I want a simpler, smaller government.

Moonhawk

10,730 posts

220 months

Tuesday 23rd May 2017
quotequote all
57 Chevy said:
1. Simplification of taxes. Income tax: no one should pay tax only to receive benefits back from the state. Raise the minimum threshold to a point where this balances out. You either pay tax or get benefits not both. Simplification of other taxes such as VED. Scrap VED replaced with an increase on fuel duty, a true pay per use system that takes into account the economy of the vehicle. Reduce civil servants in line with simplification of taxes.
Although it doesn't go into any detail (and probably can't - it could take years to untangle the existing tax system) - there is a pledge to simply the tax system in the Conservative Manifesto (page 14)

turbobloke

104,067 posts

261 months

Tuesday 23rd May 2017
quotequote all
Eddie Strohacker said:
stick the knife into a politician for your own ideological purposes.
Did you have a politician in mind, the unelectable Labour Party harbours more than one candidate.

Anyway that's not the reason.

It's because they're worth it.

turbobloke

104,067 posts

261 months

Tuesday 23rd May 2017
quotequote all
Moonhawk said:
Although it doesn't go into any detail (and probably can't - it could take years to untangle the existing tax system) - there is a pledge to simply the tax system in the Conservative Manifesto (page 14)
And a commitment to lower taxes.

As opposed to unaffordable freebies on tick where our children and grandchildren will pick up the tab for years.

A transparent fail from economically incompetent Labour spivs as ususal.

Moonhawk

10,730 posts

220 months

Tuesday 23rd May 2017
quotequote all
57 Chevy said:
Means testing winter fuel benefits and all the admin that goes with it is a step in the wrong direction. I want a simpler, smaller government.
I don't know why this cannot be dealt with via the tax system.

Pensioners pay tax on their pension - would it therefore be possible to modify the tax code of those low income pensioners so that they pay less tax (and as a consequence receive what would be in essence a winter fuel top up).

57 Chevy

5,411 posts

236 months

Tuesday 23rd May 2017
quotequote all
Moonhawk said:
57 Chevy said:
Means testing winter fuel benefits and all the admin that goes with it is a step in the wrong direction. I want a simpler, smaller government.
I don't know why this cannot be dealt with via the tax system.

Pensioners pay tax on their pension - would it therefore be possible to modify the tax code of those low income pensioners so that they pay less tax (and as a consequence receive what would be in essence a winter fuel top up).
Exactly, that's the sort of thinking we need smile

turbobloke

104,067 posts

261 months

Tuesday 23rd May 2017
quotequote all
57 Chevy said:
Moonhawk said:
57 Chevy said:
Means testing winter fuel benefits and all the admin that goes with it is a step in the wrong direction. I want a simpler, smaller government.
I don't know why this cannot be dealt with via the tax system.

Pensioners pay tax on their pension - would it therefore be possible to modify the tax code of those low income pensioners so that they pay less tax (and as a consequence receive what would be in essence a winter fuel top up).
Exactly, that's the sort of thinking we need smile
It is. It'll never catch on.

Moonhawk

10,730 posts

220 months

Tuesday 23rd May 2017
quotequote all
57 Chevy said:
Moonhawk said:
57 Chevy said:
Means testing winter fuel benefits and all the admin that goes with it is a step in the wrong direction. I want a simpler, smaller government.
I don't know why this cannot be dealt with via the tax system.

Pensioners pay tax on their pension - would it therefore be possible to modify the tax code of those low income pensioners so that they pay less tax (and as a consequence receive what would be in essence a winter fuel top up).
Exactly, that's the sort of thinking we need smile
I don't understand why systems like this aren't used already. The tax code system is an easy one manipulate to either recoup or credit people (it is used for this purpose now if you owe excess tax - your tax code is lowered so that you overpay in each PAYE cycle). The good thing about this system is - for the majority of people, their employer are the ones who deals with most of the admin.

All the government need to ensure is that the tax code is set correctly based on a person's circumstances - and the employer does the rest via PAYE.

We could even have negative tax codes for people on low incomes and who also receive benefits. They could effectively receive those benefits as a monthly tax rebate/credit via PAYE.

A also agree with scrapping VED and rolling it into fuel duty. In the past a tax disc served a purpose in that it helped demonstrate the vehicle was MOT'd and insured and gave a visual indicator to any passing plod. With the scrapping of the tax disc and the fact that ANPR is so pervasive - you no longer need this visual indicator and as such VED doesn't seem to serve much of a purpose except to raise revenue off highly polluting vehicles.

Rolling it into fuel duty would automatically target highly polluting cars and would have the added benefit of targeting people who use their vehicle a lot (i.e. high mileage) too - it would cut administration massively and would also cut evasion to almost zero (it's difficult to evade a tax when it's put on the fuel you need to run that vehicle).

Edited by Moonhawk on Tuesday 23 May 11:41

PurpleMoonlight

22,362 posts

158 months

Tuesday 23rd May 2017
quotequote all
The trouble with incorporating the winter fuel payment into net pension is that many people will have spent it on other things when the winter bill arrives.

Yipper

5,964 posts

91 months

Tuesday 23rd May 2017
quotequote all
El stovey said:
Theresa May, being prime ministerial, making statements pledging resources to the security services, condemning terrorists.

Jeremy Corbyn, getting press for making elusive statements about terrorism yesterday.

Election over.
That is not yet being reflected on the betting markets this morning.

A record 60% of bets have gone on Labour to win in the past few hours. And Labour odds now at 6/1, from 8/1 yesterday, and 20/1 a month ago. The gap, so far, is continuing to close.

Moonhawk

10,730 posts

220 months

Tuesday 23rd May 2017
quotequote all
PurpleMoonlight said:
The trouble with incorporating the winter fuel payment into net pension is that many people will have spent it on other things when the winter bill arrives.
Do people actually get a "winter bill".

With the exception of wood/coal for the burner - my energy payments are spread more or less equally over the course of the year - we tend to go into credit over the summer and early autumn - then use that credit over the winter - so it averages out.

PurpleMoonlight

22,362 posts

158 months

Tuesday 23rd May 2017
quotequote all
Moonhawk said:
Do people actually get a "winter bill".

With the exception of wood/coal for the burner - my energy payments are spread more or less equally over the course of the year - we tend to go into credit over the summer and early autumn - then use that credit over the winter - so it averages out.
Lots of people pay quarterly when a bill arrives.

wiggy001

6,545 posts

272 months

Tuesday 23rd May 2017
quotequote all
PurpleMoonlight said:
Moonhawk said:
Do people actually get a "winter bill".

With the exception of wood/coal for the burner - my energy payments are spread more or less equally over the course of the year - we tend to go into credit over the summer and early autumn - then use that credit over the winter - so it averages out.
Lots of people pay quarterly when a bill arrives.
Lots of people are capable of holding back some money to pay for bills when they arrive. I don't think we should keep an inefficient system just because some people cannot budget properly.

alfie2244

11,292 posts

189 months

Tuesday 23rd May 2017
quotequote all
Yipper said:
That is not yet being reflected on the betting markets this morning.

A record 60% of bets have gone on Labour to win in the past few hours. And Labour odds now at 6/1, from 8/1 yesterday, and 20/1 a month ago. The gap, so far, is continuing to close.
What on earth has betting got to do with who is actually going to win the election? I picked the winner in the grand national this year and I don't know the back of a horse from the front but given I clearly have a gift for these things I will bet £10 that Conservatives will win.


ps are you related to jawknee?

Edited by alfie2244 on Tuesday 23 May 12:41

Northbloke

643 posts

220 months

Tuesday 23rd May 2017
quotequote all
Yipper said:
That is not yet being reflected on the betting markets this morning.

A record 60% of bets have gone on Labour to win in the past few hours. And Labour odds now at 6/1, from 8/1 yesterday, and 20/1 a month ago. The gap, so far, is continuing to close.
Labour Most Seats:



Not according to Betfair Yipper.

Quite a big drift since yesterday and as of now you can get 18/1 on Labour most seats. Fill your boots. (The 40/1 was nearer the mark for me).

Where are you getting your 60% volume figures from, do you have a source?

Stickyfinger

8,429 posts

106 months

Tuesday 23rd May 2017
quotequote all
Yipper said:
That is not yet being reflected on the betting markets this morning.

A record 60% of bets have gone on Labour to win in the past few hours. And Labour odds now at 6/1, from 8/1 yesterday, and 20/1 a month ago. The gap, so far, is continuing to close.
You do not make much with your betting business do you smile.....try harder mate, this "betting says this" effort you are making is laughable

Moonhawk

10,730 posts

220 months

Tuesday 23rd May 2017
quotequote all
PurpleMoonlight said:
Moonhawk said:
Do people actually get a "winter bill".

With the exception of wood/coal for the burner - my energy payments are spread more or less equally over the course of the year - we tend to go into credit over the summer and early autumn - then use that credit over the winter - so it averages out.
Lots of people pay quarterly when a bill arrives.
And many people pay monthly. Those paying monthly will be slightly out of pocket each month until the winter fuel credit arrives.

Swings and roundabouts - no system can cover all of the possible payment methods and payment intervals that people use. As long as we make sure the correct people get the correct allowance in as easy and non-bureaucratic way as possible is the key - how they then manage that money is up to them.




Edited by Moonhawk on Tuesday 23 May 12:34

sidicks

25,218 posts

222 months

Tuesday 23rd May 2017
quotequote all
Yipper said:
That is not yet being reflected on the betting markets this morning.

A record 60% of bets have gone on Labour to win in the past few hours. And Labour odds now at 6/1, from 8/1 yesterday, and 20/1 a month ago. The gap, so far, is continuing to close.
Number of bets is irrelevant. Amount of bets is relevant - how much has been bet on each of the two parties in the last week or two?

Why do you keep ignoring the issues?!
wavey

sidicks

25,218 posts

222 months

Tuesday 23rd May 2017
quotequote all
Stickyfinger said:
You do not make much with your betting business do you smile.....try harder mate, this "betting says this" effort you are making is laughable
Same nonsense, different day!
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