2021 Budget Predictions
Discussion
baptistsan said:
Told the elderly and vulnerable to take whatever precautions they deemed fit to protect themselves.
Allowed the fit and healthy population to continue life as normal whilst taking sensible precautions, hand washing, reasonable social distancing etc.
Economy then wouldn't have been impacted to this extent and we wouldn't be seeing £2.1 trillion net public sector debt.
As for the irony of Sunak saying he wants to be honest
So the fit and healthy could infect each other wholesale and of course, kill off the old and sick.Allowed the fit and healthy population to continue life as normal whilst taking sensible precautions, hand washing, reasonable social distancing etc.
Economy then wouldn't have been impacted to this extent and we wouldn't be seeing £2.1 trillion net public sector debt.
As for the irony of Sunak saying he wants to be honest
Of course, for the brutalist ultra "market forces driven" mindset of some people, that would be a desirable outcome.
Who needs old and infirm or ill people, welching off society. Kill'em all off - it's better for the economy.
aeropilot said:
baptistsan said:
Eric Mc said:
What would you have done?
Not locked the country up like this in the first place.Talk about thick.
So you fall back on personal insults. Well done you.
You don't think that the response has been completely disproportionate?
Eric Mc said:
Small profits (under £50,000) Corporation Tax stays at 19%.
Profits over £250,000 it goes up to 25%.
Marginal rates will apply on a sliding scale between £50,000 and £250,000 (just like the old days).
As a business owner in the middle band. I have no problem with that at all.Profits over £250,000 it goes up to 25%.
Marginal rates will apply on a sliding scale between £50,000 and £250,000 (just like the old days).
If he targets dividends I will cry myself to sleep.
paulw123 said:
joestifff said:
paulw123 said:
zygalski said:
How’s magic Rishi paying for all of this?
I suspect if Labour were spending on this scale, this thread would be on fire.
Ironic one of the reasons they won the election was they weren’t going to spend like Labour was intending to. Utter joke.I suspect if Labour were spending on this scale, this thread would be on fire.
There is a pandemic, they rightly so, had to adjust spend
baptistsan said:
Eric Mc said:
baptistsan said:
Not locked the country up like this in the first place.
I don't want to hear what you wouldn't have done.What WOULD you have done
Allowed the fit and healthy population to continue life as normal whilst taking sensible precautions, hand washing, reasonable social distancing etc.
Economy then wouldn't have been impacted to this extent and we wouldn't be seeing £2.1 trillion net public sector debt.
As for the irony of Sunak saying he wants to be honest
Eric Mc said:
baptistsan said:
Told the elderly and vulnerable to take whatever precautions they deemed fit to protect themselves.
Allowed the fit and healthy population to continue life as normal whilst taking sensible precautions, hand washing, reasonable social distancing etc.
Economy then wouldn't have been impacted to this extent and we wouldn't be seeing £2.1 trillion net public sector debt.
As for the irony of Sunak saying he wants to be honest
So the fit and healthy could infect each other wholesale and of course, kill off the old and sick.Allowed the fit and healthy population to continue life as normal whilst taking sensible precautions, hand washing, reasonable social distancing etc.
Economy then wouldn't have been impacted to this extent and we wouldn't be seeing £2.1 trillion net public sector debt.
As for the irony of Sunak saying he wants to be honest
Of course, for the brutalist ultra "market forces driven" mindset of some people, that would be a desirable outcome.
Who needs old people, welching off society. Kill'em all off - it's better for the economy.
You are aware that there are also a large number of older people who themselves didn't want to be locked up in their own homes, nor be able to see their grandchildren etc?
Eric Mc said:
Small profits (under £50,000) Corporation Tax stays at 19%.
Profits over £250,000 it goes up to 25%.
Marginal rates will apply on a sliding scale between £50,000 and £250,000 (just like the old days).
Nobody is going to be calling Magic Rishi a friend of the corporates anymore!Profits over £250,000 it goes up to 25%.
Marginal rates will apply on a sliding scale between £50,000 and £250,000 (just like the old days).
no changes in personal taxes, no change in VAT, small businesses at lowest corp tax rate, big business gets all the shafting, 130% of capital spending deductible from EBITDA..
Goldman Sachs has taught this boy well! you have to be absolutely raving mad to try and critique this move and hold water.
S17Thumper said:
paulw123 said:
joestifff said:
paulw123 said:
zygalski said:
How’s magic Rishi paying for all of this?
I suspect if Labour were spending on this scale, this thread would be on fire.
Ironic one of the reasons they won the election was they weren’t going to spend like Labour was intending to. Utter joke.I suspect if Labour were spending on this scale, this thread would be on fire.
There is a pandemic, they rightly so, had to adjust spend
baptistsan said:
aeropilot said:
baptistsan said:
Eric Mc said:
What would you have done?
Not locked the country up like this in the first place.Talk about thick.
So you fall back on personal insults. Well done you.
You don't think that the response has been completely disproportionate?
paulw123 said:
S17Thumper said:
paulw123 said:
joestifff said:
paulw123 said:
zygalski said:
How’s magic Rishi paying for all of this?
I suspect if Labour were spending on this scale, this thread would be on fire.
Ironic one of the reasons they won the election was they weren’t going to spend like Labour was intending to. Utter joke.I suspect if Labour were spending on this scale, this thread would be on fire.
There is a pandemic, they rightly so, had to adjust spend
baptistsan said:
Why would the old and sick be killed off? If they were isolating they would be in no more real danger.
You are aware that there are also a large number of older people who themselves didn't want to be locked up in their own homes, nor be able to see their grandchildren etc?
You are in a minority. The vast number of people - old and young - feel that lock down was right and proper and something that was necessary.You are aware that there are also a large number of older people who themselves didn't want to be locked up in their own homes, nor be able to see their grandchildren etc?
If the vast bulk of people were wandering about ASSUMING they were healthy, the death toll would have been incredible - and the NHS would have collapsed.
Maybe that's what people like you want. Of course, you all assume that you personally won't be affected by these illnesses.
Disgraceful, and selfish.
Digga said:
See my note earlier today regarding Italy. Corp tax is 24% but they have run very generous capital allowances to encourage firms to invest in technology. This is desperately needed if the UK is to step up per-capita productivity.
You have heard of the Annual Investment Allowance?bobbylondonuk said:
Eric Mc said:
Small profits (under £50,000) Corporation Tax stays at 19%.
Profits over £250,000 it goes up to 25%.
Marginal rates will apply on a sliding scale between £50,000 and £250,000 (just like the old days).
Nobody is going to be calling Magic Rishi a friend of the corporates anymore!Profits over £250,000 it goes up to 25%.
Marginal rates will apply on a sliding scale between £50,000 and £250,000 (just like the old days).
no changes in personal taxes, no change in VAT, small businesses at lowest corp tax rate, big business gets all the shafting, 130% of capital spending deductible from EBITDA..
Goldman Sachs has taught this boy well! you have to be absolutely raving mad to try and critique this move and hold water.
Eric Mc said:
baptistsan said:
Why would the old and sick be killed off? If they were isolating they would be in no more real danger.
You are aware that there are also a large number of older people who themselves didn't want to be locked up in their own homes, nor be able to see their grandchildren etc?
You are in a minority. The vast number of people - old and young - feel that lock down was right and proper and something that was necessary.You are aware that there are also a large number of older people who themselves didn't want to be locked up in their own homes, nor be able to see their grandchildren etc?
If the vast bulk of people were wandering about ASSUMING they were healthy, the death toll would have been incredible - and the NHS would have collapsed.
Maybe that's what people like you want. Of course, you all assume that you personally won't be affected by these illnesses.
Disgraceful, and selfish.
Eric Mc said:
Digga said:
See my note earlier today regarding Italy. Corp tax is 24% but they have run very generous capital allowances to encourage firms to invest in technology. This is desperately needed if the UK is to step up per-capita productivity.
You have heard of the Annual Investment Allowance?Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff