The Budget

Chappy112

Well-known member
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!
Footballers aren’t the people I would be targeting here although I understand they are an easy target because we see them on the TV every week.
 

h_m_boro

Well-known member
Start of the end for the Tories.

18 and a bit months of financial (public purse) scorched earth policy, lining their and their doners pockets. Implementing as many unpopular pieces of legislation they can (to line their pockets and put in the groundwork for privatising everything). They are past caring.

Then, when / if Labour get in May 2024 the country is such an absolute mess they can only do so much .....by which time the RWM will start their criticism-on-steroids and by 2029 they will be unpopular and the Tories get back in.

Next decade has the potential to be like nothing we have ever seen...... scary.
 

Keelo

Well-known member
The decision to vote for Johnson and his ilk at the last election is finally hitting people - right between the eyes. You were always going to rue the day you did.
This fkn country is so far down the rabbit hole that if Bozo comes riding over the horizon on his white charger once Truss has completely lost it the clowns in this country would vote him back in a heartbeat ....were fkd!!!
 

GazC_MFC

Well-known member
Well
This fkn country is so far down the rabbit hole that if Bozo comes riding over the horizon on his white charger once Truss has completely lost it the clowns in this country would vote him back in a heartbeat ....were fkd!!!
Truss is doing a good job of making bozo’s government look fantastic
 

SmallTown

Well-known member
How about Singapore standards of care on Singapore tax levels?
They have state owned health insurance, that citizens pay into (so a tax) but most people need private healthcare too.

That being said, according to the bloomberg health efficiency index it is the best in the world. I'd take that to be fair
 

SuperStu

Well-known member
There are people earning just over the student loan threshold who's marginal deductions are now 20% IT + 12% NI + 9% SL = 41%

The highest earners in the country now have a marginal rate of 40% IT + 2% NI = 42%

Aha so this is what they meant by levelling up and all being in it together?
 

Boro in Devon

Well-known member
There are people earning just over the student loan threshold who's marginal deductions are now 20% IT + 12% NI + 9% SL = 41%

The highest earners in the country now have a marginal rate of 40% IT + 2% NI = 42%
Not quite, you need to deduct the £12,500 tax free allowance and the NI lower earnings limits to make this a true comparison.

I am not defending the injustices of the budget, as I agree with what you are trying to say.
 

Thornaby90

Active member
Same old story with the Tories - they will protect the big earners and millionaires, do what they can in their favour whilst throwing crumbs to the rest without any thought.

Like I always say with them THE RICH GET RICHER AND THE POOR GET POORER.
 

Badonde

Well-known member
What's the point in the Stamp Duty relief?
House prices have been way too expensive for years.
So now we look for ways to kick them up higher?
(yes I know it's a vote winner and helps keep the house-owning populace happy - but really!!!!)

If anything it shows just how bad the data forecasts must be that they are looking at.
Recession, currency collapse, housing crash.
Scary stuff
 

The Ruthsayer

Active member
I am in the top 3%as are most of my colleagues and we all think the budget stinks.
It makes no sense either economically or politically. When I worked in the City, I and most of my peers had a very large chunk taxed at 45%, and nobody ever complained about the level, even the rabid free marketeers and blue blood Tories.
 
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