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the budget your thoughts

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i know this is a bit boring but its important what did you think of the budget and what you think of Gordon Brown, now i know what i think i have a very interesting conversation with someone today. whats yours first?
hmmm, bit too deep and too complex for me at this time of night, may well return to this one tomorrow drinkies
Well lets see, If your rich your richer and if your poor your poorer, Pretty much sums him and his budget up :shock:
Fekin pants...
Quote by Mallock2006
Fekin pants...

An enlightened opinion and i concur
Its all a con, a two pence reduction in income tax but he puts up fags by eleven pence :shock: . So the smokers loose out already. Then again I suppose thats what their aiming for, or they say they are confused If all the smokers gave up, think of all the revenue the government would lose.
Louise xx
I haven't looked at it properly but there's not much point. I know I'll be worse off yet again after this. Add my ever-rising Council Tax ( mad ) and measly 1% pay rise and it gets worse evil
Deep joy!
I cant be the only one better off from it can I ... how will I spend the additional £350 next year?
Quote by cukman
I cant be the only one better off from it can I ... how will I spend the additional £350 next year?

Well your obviously one of the more well off people who the governments made richer, they do like to take from the poor and give to the rich, Most of us plod along and make ends meet but its this section of people who always seem to get hit the hardest, a 2% tax cut will gain us £1 or so they say but my 1.6 astras road tax is up £15 a year so that’s £14 down already before taking any other rises into account?
Quote by louise_and_joe
Its all a con, a two pence reduction in income tax but he puts up fags by eleven pence :shock: . So the smokers loose out already. Then again I suppose thats what their aiming for, or they say they are confused If all the smokers gave up, think of all the revenue the government would lose.
Louise xx

What a great thought - if I give up smoking, next year they will have to tax 4x4 drivers even more lol
Quote by cukman
I cant be the only one better off from it can I ... how will I spend the additional £350 next year?

Nope - because I have a negative tax code (no tax free allowance) I have just worked out I should be around £600 better off biggrin
And I have just had my PRP bonus confirmed :D :D :D
Which I will get an extra £90 of due to the decrease in tax :D :D :D :D :D :D
does anyone really believe they will be better off in the long run??
as has been already said its a con, when you balance out the figures of what hes giving away and look at he tax increases else where then no we are not better of. This is a blatant ploy to get middle england voters on his side when he becomes prime minister.
:cry: :cry: :cry:
does anyone really believe they will be better off in the long run??
as has been already said its a con, when you balance out the figures of what hes giving away and look at he tax increases else where then no we are not better of. This is a blatant ploy to get middle england voters on his side when he becomes prime minister.
:cry: :cry: :cry:

absolutely, 11 budgets, PM's job up for grabs soon....
Quote by Ukwineman
does anyone really believe they will be better off in the long run??
as has been already said its a con, when you balance out the figures of what hes giving away and look at he tax increases else where then no we are not better of. This is a blatant ploy to get middle england voters on his side when he becomes prime minister.
:cry: :cry: :cry:

Do you really expect to be better off at all?
If taxes don't go up in some shape or form, how do they meet the increasing costs of public spending? Without an increase somewhere along the line the only choice for any government is to cut services.
Yes, on the face of it I am better off. But would I have preferred not to have 2p in the pound back and that money have been spend on something else... if it was something like Health Care - yes.
People talk about the budget making the rich richer and poor poorer, but I remember the liberalist views of the old Tory government - who btw gave a HUGE tax cut to the highest earners in the country by dropping their income tax by something like 39p in the pound for a significant proportion of their salaries.
Quote by PoloLady
does anyone really believe they will be better off in the long run??
as has been already said its a con, when you balance out the figures of what hes giving away and look at he tax increases else where then no we are not better of. This is a blatant ploy to get middle england voters on his side when he becomes prime minister.
:cry: :cry: :cry:

Do you really expect to be better off at all?
If taxes don't go up in some shape or form, how do they meet the increasing costs of public spending? Without an increase somewhere along the line the only choice for any government is to cut services.
Yes, on the face of it I am better off. But would I have preferred not to have 2p in the pound back and that money have been spend on something else... if it was something like Health Care - yes.
People talk about the budget making the rich richer and poor poorer, but I remember the liberalist views of the old Tory government - who btw gave a HUGE tax cut to the highest earners in the country by dropping their income tax by something like 39p in the pound for a significant proportion of their salaries.
public spending :!: :!: like the increase from about 50 public relations people before this goverment came in to the something like 3000 we have now that you and i pay for :shock:
or the cast iron pensions that they have set themselves with final salery payments and the fact that have bought thier own retirement age DOWN.
dont get me wrong im not saying the tories any better, but cutting the shear waste of public money would cover any ligitment increases.
Why does Gordon Brown think he has the right to be PM,if i'm not mistaken....wasn't Tony Blair elected PM,and shouldn't he see his term out...and if Gordon Brown wants to be PM he should see if we the people want him as PM and vote for his party!
Quote by Mr-Powers
Why does Gordon Brown think he has the right to be PM,if i'm not mistaken....wasn't Tony Blair elected PM,and shouldn't he see his term out...and if Gordon Brown wants to be PM he should see if we the people want him as PM and vote for his party!

good point :thumbup: why do you think he made the lowest income tax rate for 75 years as he knows it might be short lived, and he needs the votes.
hmm is the first serious post i seen you make Mr Powers :giggle:
Crap crap and double crap!.. he sat there in that interview and blethered on about reducing this and reducing that.. but someone told me today that what he skirted over was the fact he's INCREASING tax on people who's salary is under 15,000 and people earning a higher wage would have a lower tax rate - correct me if I am wrong confused
Personally it was like watching Jackanory. evil
Jaymar what or who was the crap bit aimed at??
he has reduced corperation tax for the big companies
oh yeah he did not tell you he has increased it for smaller companies mad
Quote by Ukwineman
Jaymar what or who was the crap bit aimed at??
he has reduced corperation tax for the big companies
oh yeah he did not tell you he has increased it for smaller companies mad

Yeah.
He's just compensating for the rampant VAT evasion in smaller companies !
Quote by JTS
Jaymar what or who was the crap bit aimed at??
he has reduced corperation tax for the big companies
oh yeah he did not tell you he has increased it for smaller companies mad

Yeah.
He's just compensating for the rampant VAT evasion in smaller companies !

hmm good point put in that context and very valid.
does not change the waste of public expenditure though
ok im not going into all the ins and outs of the budget cos i cant be arsed BUT can i just say that ive just quit smoking and how pleased and smug am i!!
lol :lol:
Suze xx
Quote by jaymar
Crap crap and double crap!.. he sat there in that interview and blethered on about reducing this and reducing that.. but someone told me today that what he skirted over was the fact he's INCREASING tax on people who's salary is under 15,000 and people earning a higher wage would have a lower tax rate - correct me if I am wrong confused
Personally it was like watching Jackanory. evil

this is my understanding...
the 2p off income tax rate helps everyone... but the 10p tax rate for the first couple of thousand after the free tax allowence hurts everyone... i have seen a graph of and i think the break even is at 16-17k.... if you earn under that.. you are in theory worse off.. more than that and you are in theory better off...
that is the case up till 35k...then it takes a dip again....
however (and this is the bit that i am not so sure about) if you are eligable for tax credits then this should make up a lot of the shortfall lost....
Give with one hand, take with the other - as with every budget.
Quote by Mr-Powers
Why does Gordon Brown think he has the right to be PM,if i'm not mistaken....wasn't Tony Blair elected PM,and shouldn't he see his term out...and if Gordon Brown wants to be PM he should see if we the people want him as PM and vote for his party!

err.
No.
The LEADER of the PARTY with the most members elected is the Prime Minister. The PARTY, or the members of same, pick the leader.
It is very simple, once you get past the fact that democracy is not very democratic.
The removal of the 10p limit on the first 10K will cost those on 10-30K/year an estimated per year.
Since the low paid are also those most likely to not vote (under 15K = 13% vote) (over 50K = 60%+ vote) you can see a bit of financial gerrymandering here !
Quote by Ukwineman
Jaymar what or who was the crap bit aimed at??
he has reduced corperation tax for the big companies
oh yeah he did not tell you he has increased it for smaller companies mad

confused his speech on TV
Quote by jaymar
Jaymar what or who was the crap bit aimed at??
he has reduced corperation tax for the big companies
oh yeah he did not tell you he has increased it for smaller companies mad

confused his speech on TV
oh he did did he still shite though redface bolt
Quote by Ukwineman
Jaymar what or who was the crap bit aimed at??
he has reduced corperation tax for the big companies
oh yeah he did not tell you he has increased it for smaller companies mad

confused his speech on TV
oh he did did he still shite though redface bolt
UK.. you've lost me, you asked me what I was referring to in the crap bit, I said his speech. In my opinion his speech was a load of pants, yes full of good things but they were hiding other things. I can't understand why you are having a dig?
Quote by jaymar
Jaymar what or who was the crap bit aimed at??
he has reduced corperation tax for the big companies
oh yeah he did not tell you he has increased it for smaller companies mad

confused his speech on TV
oh he did did he still shite though redface bolt
UK.. you've lost me, you asked me what I was referring to in the crap bit, I said his speech. In my opinion his speech was a load of pants, yes full of good things but they were hiding other things. I can't understand why you are having a dig?
:doh: :doh: :doh: i not had a good day and i realise now, i was not having a dig was just a question. surprisedops:
Quote by Fun Scottish Couple
I cant be the only one better off from it can I ... how will I spend the additional £350 next year?

Well your obviously one of the more well off people who the governments made richer, they do like to take from the poor and give to the rich, Most of us plod along and make ends meet but its this section of people who always seem to get hit the hardest, a 2% tax cut will gain us £1 or so they say but my 1.6 astras road tax is up £15 a year so that’s £14 down already before taking any other rises into account?
Ha ha ha ha ha …. I wish!
Actually I’m one of those who did ok at school, then spent a while on the dole then another while working in a factory then another while on the dole then …. see a pattern?
I then had an offer from a friend; drive to Birmingham twice a week and pick a package up for an easy couple of grand, but instead I decided to get a useful education; national certificate, higher national certificate, diploma and honours degree all gained over a 10 year period. I then took a salary of about half of what I had been on 5 years before to get into the business I am in.
I have worked hard to get here and I continue to do so.
The taxes I pay (be it 17.5%, 20% or 40%) are paid gladly when I see they are well managed, appreciated and needed. I have 3 children in the education system, all of whom were prematurely born and were extremely well looked after by the NHS so I see the benefits of the tax system in real terms. This is despite the fact that the premature baby units are funded to a large extent by charities and donations (no waiting lists to manipulate you see) … but money paid into the system and used elsewhere makes more of such (charity/donation) money available for the others.
You may not like it in your socialist utopia but I and others like me pay for this system we live in … the additional £350 I referred to is meaningless over a year. I earned a £5,000 bonus last year, which was very much appreciated by me, but I got no thanks for the £2,000 of that which I put back into the system, but do you know what …. it made me feel a little warmer inside.