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Thread: The budget

  1. #1
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    The budget

    So we see the budget in a couple of weeks and speculate about how far Hunt is prepared to go to scrape the barrel to survive the election.

    There is much discussion about tax cuts.

    There's one tax cut he could make that would make a difference to everyone, quickly.

    One of the lies promulgated in the Brexit argument was that we would be free to set our own tax rates. In reality we always were
    .
    One that was mentioned was the VAT on energy bills.Several EU countries set the rate at zero. Ours is 5%, and has been since before the Brexit vote.
    Which ironically means the higher our energy bills, the greater the revenue.

    We were always free to change this. Doing it now would make a contributiion to people coping wiith the cost of living.

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  4. #2
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    Quote Originally Posted by bensherman View Post
    So we see the budget in a couple of weeks and speculate about how far Hunt is prepared to go to scrape the barrel to survive the election.

    There is much discussion about tax cuts.

    There's one tax cut he could make that would make a difference to everyone, quickly.

    One of the lies promulgated in the Brexit argument was that we would be free to set our own tax rates. In reality we always were
    .
    One that was mentioned was the VAT on energy bills.Several EU countries set the rate at zero. Ours is 5%, and has been since before the Brexit vote.
    Which ironically means the higher our energy bills, the greater the revenue.

    We were always free to change this. Doing it now would make a contributiion to people coping wiith the cost of living.

    I vaguely remember this was mentioned after Brexit - but then it was only vaguely mentioned.

    It is said that we will get tax cuts around May time after which the general election will be called - with no doubt someone attempting to claim the responsibility for in the hope it will increase the voting numbers?

  5. #3
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    Quote Originally Posted by said View Post
    I vaguely remember this was mentioned after Brexit - but then it was only vaguely mentioned.

    It is said that we will get tax cuts around May time after which the general election will be called - with no doubt someone attempting to claim the responsibility for in the hope it will increase the voting numbers?
    No it wasn't "vaguely mentioned".

    It was a major part of the "sovereignty" argument and like most of the Brexit sory, a lie. We always were in control of our own taxation.

    As to your post re Brexit itself, I suggest you and local run away together and stop burdening us with claims about Brexit.

    It isn't "Brexit lite" ("light" BTW) . It is being gradually implemented . For example we are about to see yet more price rises from the imposition of the entirely predictable inspection measures.

    What is alarming is local's complete confusion re what she/he voted for.. The total outcome of the vote was to "leave" with no indication as to how. The arguments of the following years were about the "how". The Act itself was passed in 2017. A series of events which clearly confuses local.

    And if he/she thinks it was clear what was to follow, perhaps an explanation is onits way about why the Rees-Mogg/Bridgen set of cretins kept voting against their own party's attempts at a deal. And why during the campaign itself the Leave squad had at least three different versions of what was to follow.

  6. #4
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    Quote Originally Posted by bensherman View Post
    No it wasn't "vaguely mentioned".

    It was a major part of the "sovereignty" argument and like most of the Brexit sory, a lie. We always were in control of our own taxation.

    As to your post re Brexit itself, I suggest you and local run away together and stop burdening us with claims about Brexit.

    It isn't "Brexit lite" ("light" BTW) . It is being gradually implemented . For example we are about to see yet more price rises from the imposition of the entirely predictable inspection measures.

    What is alarming is local's complete confusion re what she/he voted for.. The total outcome of the vote was to "leave" with no indication as to how. The arguments of the following years were about the "how". The Act itself was passed in 2017. A series of events which clearly confuses local.

    And if he/she thinks it was clear what was to follow, perhaps an explanation is onits way about why the Rees-Mogg/Bridgen set of cretins kept voting against their own party's attempts at a deal. And why during the campaign itself the Leave squad had at least three different versions of what was to follow.



    You never did understand Brexit nor the workings of the EU and I have demonstrated this many many times.

    You keep getting stuck on your how we leave mantra forgetting that the operative word is leave.

    Whether you walk, run, skip or hop from the "club" the point is you leave not hang around the door, just go back on the weekends, you leave.

    You clearly failed to understand the issues from start to finish and I have regularly exposed your ignorance usually with a smile but its pointless discussing it with someone who is clearly not quite with it so I leave it to your hero Sir Beir Starmer the liar;


    There is no case for rejoining the EU.


    Just as with your misunderstandings over UK energy where I had to link to you Labour Policy you really haven't a clue on much.

  7. #5
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    Quote Originally Posted by local View Post
    You never did understand Brexit nor the workings of the EU and I have demonstrated this many many times.

    You keep getting stuck on your how we leave mantra forgetting that the operative word is leave.

    Whether you walk, run, skip or hop from the "club" the point is you leave not hang around the door, just go back on the weekends, you leave.

    You clearly failed to understand the issues from start to finish and I have regularly exposed your ignorance usually with a smile but its pointless discussing it with someone who is clearly not quite with it so I leave it to your hero Sir Beir Starmer the liar;


    There is no case for rejoining the EU.


    Just as with your misunderstandings over UK energy where I had to link to you Labour Policy you really haven't a clue on much.



    I forgot to educate you (or at least try) on UK tax

    How has the EU shaped the UK’s tax landscape?


    In 1973 when the UK acceded to the EU the new legal order profoundly affected the interpretation of UK statutes including tax statues. The infringement procedure has often led to changes in UK law although not always to the extent initially requested. Corporation tax has become the best-known area of EU influence with litigation over dividends tax credits cross-border tax relief and controlled foreign companies. EU law necessarily governs VAT although member states are given considerable discretion both by the legislator and the courts. The doctrine of abuse of right derives from the EU legal order but the UK has played a major role in developing it. EU law has affected the activity of tax authorities the structure of the system of appeals and the permitted structure of taxes as well as substantive tax law. HMRC has become used to...


    https://www.taxjournal.com/articles/...scape-18102018


    We certainly weren't free...................


    What I do wonder is why I have even bothered to link you

    I couldn't post a more direct rebuttal of your tosh but hey lets have some fun with the effort to unravel yourself

  8. #6
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    Quote Originally Posted by local View Post
    There is no case for rejoining the EU.
    Disagree....

    Membership of the EU, allows any UK'ers who want, to migrate visa-free to Southern Europe whenever and for as long as they like - to escape the cold and dreary weather back home.
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  9. #7
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    So what do we think?

    Unconvincing "productivity" ideas for the NHS and the police.

    Dispute the assertion that low-tax economies grow better. ( And BTW why do we watch income tax so closely, but forget VAT, and in particular VAT on fuel?)

    I got really tired of him bigging up the MPs from a list of threatened Tory seats before describing each measure; forgot his own.

    And of course the fact that the frozen allowance bands are a form of tax rise anyway.

    Others?

  10. #8
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    Quote Originally Posted by bensherman View Post
    So what do we think?

    Unconvincing "productivity" ideas for the NHS and the police.

    Dispute the assertion that low-tax economies grow better. ( And BTW why do we watch income tax so closely, but forget VAT, and in particular VAT on fuel?)

    I got really tired of him bigging up the MPs from a list of threatened Tory seats before describing each measure; forgot his own.

    And of course the fact that the frozen allowance bands are a form of tax rise anyway.

    Others?
    Haven't seen it yet, as I've only just got in....But if it were me, I'd slap 50p on a litre at the pump. Not only would that yield plenty for all those struggling departments, solving the Govt's cash crisis. But would also make folk think more carefully before making unnecessary trips in the car.
    On Yer Bike!

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  12. #9
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    Par for the course. The very poorest in society will get NO benefit AT ALL from this change. (Got to be paying NI to benefit). That is OUTRAGEOUS. As ever, Tory grandiloquence are focused on the richest in society ie NI payers.

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  14. #10
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    Quote Originally Posted by bensherman View Post
    So we see the budget in a couple of weeks and speculate about how far Hunt is prepared to go to scrape the barrel to survive the election.

    There is much discussion about tax cuts.

    There's one tax cut he could make that would make a difference to everyone, quickly.

    One of the lies promulgated in the Brexit argument was that we would be free to set our own tax rates. In reality we always were
    .
    One that was mentioned was the VAT on energy bills.Several EU countries set the rate at zero. Ours is 5%, and has been since before the Brexit vote.
    Which ironically means the higher our energy bills, the greater the revenue.

    We were always free to change this. Doing it now would make a contributiion to people coping wiith the cost of living.


    Rodney, you are ungrateful, I helpfully corrected you on the remainer lie highlighted with a very good explanation and link yet you still "Labour" with it.

    Tut tut...........................


    So rude

  15. #11
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    Quote Originally Posted by The PNP View Post
    Haven't seen it yet, as I've only just got in....But if it were me, I'd slap 50p on a litre at the pump. Not only would that yield plenty for all those struggling departments, solving the Govt's cash crisis. But would also make folk think more carefully before making unnecessary trips in the car.


    Hmm, you do realise that fuel duty increases are very inflationary and affect just about everything we do.

    Even delivering bikes to the bike shop would cost a whole lot more.

    Every Government department's costs would increase and the cost of its workforce getting to them.

    Have a think before you post this tosh.

    Its on par with your "unique" knowledge of renewables

  16. #12
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    Quote Originally Posted by donkey22 View Post
    Par for the course. The very poorest in society will get NO benefit AT ALL from this change. (Got to be paying NI to benefit). That is OUTRAGEOUS. As ever, Tory grandiloquence are focused on the richest in society ie NI payers.
    Nothing for the pensioners, a big section of the electorate to alienate.

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  18. #13
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    Quote Originally Posted by local View Post
    Hmm, you do realise that fuel duty increases are very inflationary and affect just about everything we do.

    Even delivering bikes to the bike shop would cost a whole lot more.

    Every Government department's costs would increase and the cost of its workforce getting to them.

    Have a think before you post this tosh.

    Its on par with your "unique" knowledge of renewables
    Fuel duty has been 'frozen' for goodness knows how many years now, during which time inflation has reduced the cost of fuel in real terms. It's way too cheap nowadays and if it had been raised at a realistic rate over the years, would probably be around £2 a litre.

    That it would be inflationary, is true...but the price-hike would soon work its way through the system and people simply adjust to it. How is it right for fuel to become cheaper in real terms year on year, whilst care for the most needy in society is whittled annually away?
    On Yer Bike!

    www.20splentyforus.co.uk

  19. #14
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    Quote Originally Posted by local View Post
    Hmm, you do realise that fuel duty increases are very inflationary and affect just about everything we do.

    Even delivering bikes to the bike shop would cost a whole lot more.

    Every Government department's costs would increase and the cost of its workforce getting to them.

    Have a think before you post this tosh.

    Its on par with your "unique" knowledge of renewables
    He’s got f*** all to think with, just another rant at his hatred of motorists.

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  21. #15
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    Quote Originally Posted by justbecause View Post
    He’s got f*** all to think with, just another rant at his hatred of motorists.
    Just look at the NHS nowadays; one person in seven in the UK is stuck on their endless waiting lists, whilst millions of lazy-a$$ed motorists get to tank-up on the cheap - duh!
    On Yer Bike!

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