The Budget

[Dybuk]

Just wow.

I know we were all worried how those with salaries over £150k a year were going to squeeze through this winter. Looks like Kwasi has put our minds at rest. Plus those poor city bankers. I was terrified for them.

I can sleep well tonight. Good on everyone who voted for the progressive Conservatives at the last election. As Kwasi said - 'For too long we have indulged in a fight over redistribution in this country'. Absolutely. Let the people with the gold encrusted cake not worry about having more golden spinkles.

 

[MolteniArcore]

Pretty disgusting from the Tories. No surprises there though.

 

[LaPennaBianca]

Stealing everything that isn't nailed down for another two years before they're summarily thrown out on their arses.

 

[El Guapo]

Did he really say that? Disgraceful if so

 

[atomicloonybin aka ALB]

Aaaaaannnnnnndddd the pound is falling like a stone against the dollar after that. Insane. We're now the wet-dream of that "Britannia Unchained" bunch and the ERG.

Starmer now 8/11 to be the next prime minister.

 

[MolteniArcore]

Stealing everything that isn't nailed down for another two years before they're summarily thrown out on their arses.

It's the last throw of the dice isn't it?

If it all works they have a slim chance of staying in power.

If it all goes to crap they can tie Labours hands somewhat in their first term.

Either way they are gambling with OUR money and OUR futures. It is very irresponsible.

 

[MolteniArcore]

Aaaaaannnnnnndddd the pound is falling like a stone against the dollar after that. Insane.

Tories are the cause of our currency crashing. That in itself is crazy. They really need ousting.

Anything is better than this. Even if people don't like Starmer I plead just hold your noses at the next election and get this lot out.

 

[Dybuk]

Did he really say that? Disgraceful if so

https://twitter.com/x/status/1573250972306079749

At 1:40

 

[Zoophonic]

Aaaaaannnnnnndddd the pound is falling like a stone against the dollar after that. Insane. We're now the wet-dream of that "Britannia Unchained" bunch and the ERG.

Starmer now 8/11 to be the next prime minister.

You can bet 100% that they and their mates with their hedge funds are making an absolute killing with the £'s collapse. The markets hate this budget

 

[NorthumberlandBoro]

The cap on bankers' bonuses has been lifted.
We can all breathe a sigh or relief.

 

[clay]

Brilliant news. I've been claiming UC and sitting on my backside watching Loose Women every day, because the 45% rate was such a disincentive. Now it's dropping to 40% I'll go back to my £500k job and help boost the economy

 

[sambaDTR]

So a PL footballer on £100,000 per week has just got another £5,000 per week pay rise (£260,000 per year)? Let’s clap for the NHS workers!

 

[SmallTown]

I hate the way the narrative in this country is that tax cuts = good.

Looking across the north sea to a group of high taxation countries and seeing the welfare they provide with that tax and the cost of living charts they constantly top shows it not to be true.

 

[ThePrisoner]

Stealing everything that isn't nailed down for another two years before they're summarily thrown out on their arses.

Into the blue after the money's gone. Same as it ever was! Same as it ever was!

 

[Badonde]

Unbelievable.
Looks like 'casino economics' and all a bit desperate and ill thought out.
Just look at Sterling

As a business owner I guess I should be happy that corporation tax is staying at 19%.
Fortunately hard work and a little bit of luck means that we don't really need this saving.
I was more than happy to pay the 25%......though would be delighted to see many of our tax-dodging competitors do the same.
More concerned about consumer demand falling 40% for us this year and rapidly rising costs.

What I don't understand is this:
It is said that higher business taxes put off foreign investment into the UK.
So why on earth publish a 30% increase back in Spring 2021 only to not follow through with it?
Hasn't this just reduced foreign investment by threatening a cost increase then only to pull it away at the last minute?

All the pain, no gain????

I'd have left it at 25%. All extra cash to be put into a fighting fund for HMRC to go after the corporate cheats.
There's billions out there if we can just find the minerals to go after them.

 

[SuperStu]

What can you say? This is what folk voted for unfortunately.

 

[Ziggy]

I hate the way the narrative in this country is that tax cuts = good.

Looking across the north sea to a group of high taxation countries and seeing the welfare they provide with that tax and the cost of living charts they constantly top shows it not to be true.

Yet again…you can’t have Scandinavian standards of care, on Singapore tax levels.

 

[ForssAwakens]

Appalling budget

 

[Brian Marwood]

Yet again…you can’t have Scandinavian standards of care, on Singapore tax levels.

How about Singapore standards of care on Singapore tax levels?

 

[Funky_Chicken]

I think all you can say about this “budget” is WTAF