Discussion
Now this is going to be good, I can see bloody pressure and piss tempreature reaching critical levels on PH
"In a speech in Edinburgh, the Chancellor admitted that the 2010 Budget will confirm major spending cuts, but added that the extra cuts a Conservative government would impose would damage the economy. He said that the Budget which, he confirmed for the first time, will take place next month, would also cement: "fair tax rises, with the biggest burden falling on those who can most afford it."
I'm amazed that Labour are going to have a budget before an election, seems crazy from a political perspective.
"his comments came as jitters in the government debt market sent the yield on the benchmark 10-year gilt rose to just beneath 4.1pc, touching highs it has not reached since late 2008. At these levels, the UK Government's cost of borrowing is significantly higher than Italy or Spain's".
http://www.telegraph.co.uk/finance/financetopics/b...
So any predictions? £5000 on a bottle of wine to pay for labours debts?
"In a speech in Edinburgh, the Chancellor admitted that the 2010 Budget will confirm major spending cuts, but added that the extra cuts a Conservative government would impose would damage the economy. He said that the Budget which, he confirmed for the first time, will take place next month, would also cement: "fair tax rises, with the biggest burden falling on those who can most afford it."
I'm amazed that Labour are going to have a budget before an election, seems crazy from a political perspective.
"his comments came as jitters in the government debt market sent the yield on the benchmark 10-year gilt rose to just beneath 4.1pc, touching highs it has not reached since late 2008. At these levels, the UK Government's cost of borrowing is significantly higher than Italy or Spain's".
http://www.telegraph.co.uk/finance/financetopics/b...
So any predictions? £5000 on a bottle of wine to pay for labours debts?
thinfourth2 said:
Punish the rich (people who work)
Reward the workers (people who don't work)
Well if you believe the main story in todays Times that may not be strictly true:Reward the workers (people who don't work)
"A rise in VAT is looming whichever party wins the general election, as Labour and the Conservatives draw up plans to balance Britain’s books.
Alistair Darling and George Osborne, the Shadow Chancellor, are both considering raising VAT to as high as 20 per cent — the European average — from the current rate of 17.5 per cent, The Times has learnt. "
http://www.timesonline.co.uk/tol/news/politics/art...
VAT hits everyone but I was under the impression it hits those on lower incomes the hardest. Something along the lines of people on low incomes spend a higher percentage of their cash on VAT items than those with higher incomes.
Anyway looks like we're all screwed.
thinfourth2 said:
Mclovin said:
middle classes are going to be dropping trouser for this one....
And according to labours own think tank it is anyone earning more then 15K a yearOn the positive side should help immigration, I mean would you clink to the bottom of a Eurostar to get to Labour's promised land?
Fittster said:
thinfourth2 said:
Mclovin said:
middle classes are going to be dropping trouser for this one....
And according to labours own think tank it is anyone earning more then 15K a yearOn the positive side should help immigration, I mean would you clink to the bottom of a Eurostar to get to Labour's promised land?
RYH64E said:
Fittster said:
thinfourth2 said:
Mclovin said:
middle classes are going to be dropping trouser for this one....
And according to labours own think tank it is anyone earning more then 15K a yearOn the positive side should help immigration, I mean would you clink to the bottom of a Eurostar to get to Labour's promised land?
Fittster said:
RYH64E said:
Fittster said:
thinfourth2 said:
Mclovin said:
middle classes are going to be dropping trouser for this one....
And according to labours own think tank it is anyone earning more then 15K a yearOn the positive side should help immigration, I mean would you clink to the bottom of a Eurostar to get to Labour's promised land?
Fittster said:
RYH64E said:
Fittster said:
thinfourth2 said:
Mclovin said:
middle classes are going to be dropping trouser for this one....
And according to labours own think tank it is anyone earning more then 15K a yearOn the positive side should help immigration, I mean would you clink to the bottom of a Eurostar to get to Labour's promised land?
5.8 x 48 x 52 = 14476, a long way short of £22,375
And I think that 40 hours is more representative of a working week, so minimum wage would be about £12k per annum gross.
Looked at your link, the figure 22375 is 'international dollars' not GBP
Edited by RYH64E on Saturday 13th February 13:23
I was yapping to a highly paid "head honcho" in the village and he was absolutely spitting about taxes and him getting raped to the tune of £60k (PAYE). He was also spitting about tax avoidance, which was mere jealousy of those who have the freedom to manage their affairs.
I've started up my own business and am looking at lots of ways that I'm allowed not to pay tax. It's f
king brilliant! Seriously, why anyone would work for anyone else, they'd have to be maaaaaad!
The bottom line is that the politicians are not familiar with the term "dynamic equilibrium" or "negative feedback". In a nutshell, the equilibrium will readjust to pay less taxes via various means. You'll see whole loads of staff sacked and then taken on subcontracts etc, etc, etc.
There are a million ways to get around this crap, unless you are on PAYE and then you're paralysed. Regardless of who gets in, we are going to get hammered and since the people that get in won't have the magnificent scrotum of Maggie Thatcher, they will not make adequate cuts and will hammer the working class. There is no choice in this as both Labour and Conservatives have similar levels of inadequacy.
Here's how I view it. I am proud of my country and I want it to do well, I want the people in it to be free to pursue wealth and happiness, I want people to have a true reward and not have most of it stolen to pay for irrelevant projects like the EU or "Polish dancing lessons courtesy of the council". I'd like to be a part of a fantastic country which has good values based on human nature, not ignorant eutopias.
It's probably time to actually realise it's broken and nobody is offering the solution to it's repair, all we get is the result of nasty, greedy, envious inadequacy spouted from self-serving, self-perpetuating diddle-daddles who pray upon hard work like a tapeworm. No wonder we're so fked.
It's time to realise that they all want to rape you and it's up to you to run away via various "allowed" means.
They can puruse their self-indulgent frivilous wastes of public money and I'm not going to care anymore, because I will fking well make sure my taxable income (legally) is virtually nil. I suggest a lot of you do as well.
You take care to secure your house and car, so why not your wallet? It's a part of the typical British culture that the people in charge know best and that if they take our money, they must clearly need it for worthy causes.
You will see the diversity projects, more EU waste, more MP waste, more speedbumps, speed cameras, regulation, bodies set up to oversee this and that, new think tanks, community bullst nonsense that no-one uses for sure.
Are you going to pay for it, or are you going to learn how taxation works, what you are entitle to, how things change if you do this rather than that, etc, etc?
They aren't going to tell you how to legally pay less tax, you have to do it yourself.
Or are you all content with having a moan and doing fk all?
I've started up my own business and am looking at lots of ways that I'm allowed not to pay tax. It's f
king brilliant! Seriously, why anyone would work for anyone else, they'd have to be maaaaaad!The bottom line is that the politicians are not familiar with the term "dynamic equilibrium" or "negative feedback". In a nutshell, the equilibrium will readjust to pay less taxes via various means. You'll see whole loads of staff sacked and then taken on subcontracts etc, etc, etc.
There are a million ways to get around this crap, unless you are on PAYE and then you're paralysed. Regardless of who gets in, we are going to get hammered and since the people that get in won't have the magnificent scrotum of Maggie Thatcher, they will not make adequate cuts and will hammer the working class. There is no choice in this as both Labour and Conservatives have similar levels of inadequacy.
Here's how I view it. I am proud of my country and I want it to do well, I want the people in it to be free to pursue wealth and happiness, I want people to have a true reward and not have most of it stolen to pay for irrelevant projects like the EU or "Polish dancing lessons courtesy of the council". I'd like to be a part of a fantastic country which has good values based on human nature, not ignorant eutopias.
It's probably time to actually realise it's broken and nobody is offering the solution to it's repair, all we get is the result of nasty, greedy, envious inadequacy spouted from self-serving, self-perpetuating diddle-daddles who pray upon hard work like a tapeworm. No wonder we're so f
ked. It's time to realise that they all want to rape you and it's up to you to run away via various "allowed" means.
They can puruse their self-indulgent frivilous wastes of public money and I'm not going to care anymore, because I will f
king well make sure my taxable income (legally) is virtually nil. I suggest a lot of you do as well. You take care to secure your house and car, so why not your wallet? It's a part of the typical British culture that the people in charge know best and that if they take our money, they must clearly need it for worthy causes.
You will see the diversity projects, more EU waste, more MP waste, more speedbumps, speed cameras, regulation, bodies set up to oversee this and that, new think tanks, community bulls
t nonsense that no-one uses for sure. Are you going to pay for it, or are you going to learn how taxation works, what you are entitle to, how things change if you do this rather than that, etc, etc?
They aren't going to tell you how to legally pay less tax, you have to do it yourself.
Or are you all content with having a moan and doing f
k all?I reckon Higher Rate Tax relief on pension contributions could be another Labour Tax 'winner'. They already stop people earning more than £150K from claiming it, what's to stop that aboloshing it all togther. It would be, to a certain extent, electoral suicide though, although the socialists will love it. If they do that it will cost me dearly and I will be looking to emmigrate, the final nail in the coffin. VAT increase I can understand in the circumstances, it's relatively discretionary. There should also be an extraordinary tax on Labour MPs salaries, they are the a***holes behind 13 years of completely irresponsible public spending.
They should also look at abolishing at least 100 Quangos though, that would save Billions.
They should also look at abolishing at least 100 Quangos though, that would save Billions.
Tangent Police said:
The bottom line is that the politicians are not familiar with the term "dynamic equilibrium" or "negative feedback". In a nutshell, the equilibrium will readjust to pay less taxes via various means. You'll see whole loads of staff sacked and then taken on subcontracts etc, etc, etc.
They've already though of this, a quick google of "IR35" will tell you all about one of their ways of taxing small service companies, that may look to HMRC like tax mitigation measuresFittster said:
Well nice to see Labour bringing the country together! The annual wage for someone on the legal minimum wage is £22,375.
No the annual gross wage for someone on minimum wage (£5.80 per hour) and working full time hours is more along the lines of 11.5k. Try it at http://www.thesalarycalculator.co.uk/hourly.phpCertainly when I was on £13-14K I was on above minimum wage.
AndrewW-G said:
Tangent Police said:
The bottom line is that the politicians are not familiar with the term "dynamic equilibrium" or "negative feedback". In a nutshell, the equilibrium will readjust to pay less taxes via various means. You'll see whole loads of staff sacked and then taken on subcontracts etc, etc, etc.
They've already though of this, a quick google of "IR35" will tell you all about one of their ways of taxing small service companies, that may look to HMRC like tax mitigation measuresI doubt they will spell out to many cuts or tax increases just before an election.
As for the middle classes pants being down, labour had them round our ankles years ago.
Sure labour if they won would go for their favourite tax, on jobs, NI. Keep uping it boys, and watch jobs disappear!
As for the middle classes pants being down, labour had them round our ankles years ago.
Sure labour if they won would go for their favourite tax, on jobs, NI. Keep uping it boys, and watch jobs disappear!
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