Gordon Bleeds us dry

#1
1. Drops income tax by 2p but scraps the 10p starting tax, so those on lower incomes pay more.

2. Raises tax on "gas gusslers" that account for less than 1% of carbon emmisions

3. Extra 1bn to fight child poverty - code words for more money for benefits. Combine this with a higher tax on lower incomes means that its pointless for single parents to go to work. They are better off on benefit.

4. Corporate tax raised by 2% on small buisness whilst cut on large companies - ??????

Thats all I can be arrsed with. Sum total is that everyone gets shafted and pays more. Come on Sven, defend the un-defensable
 

B_AND_T

MIA
Book Reviewer
#2
The bloke is a clunt!
 
#3
I think Sven maybe the one one the left:
 

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#4
Increases corporate tax: business owners don't vote Labour
Cuts income tax for low earners: this applies to all low earners, i.e. not just the people whose bosses are paying more corporate tax, but also State workers and benefits claimants, who (are more likely to) vote Labour.

Apart from poncing about trying to be friends to the tree-huggers, all he's doing is taking from people he doesn't like, to give to his mates.

If he hands out the money every day for the next 18 months, it will look a lot less like an election bribe than if he just turned up at the polling station with a bunch of brown envelopes.

B_AND_T sums it up rather well. :pissedoff:
 
#5
I always said he was a cnut. I've just remembered why!
 
#6
All the usual Smoke and mirrors. Some real nasties will buried in the Press Releases and "other documents".

All stinks of buying some votes and gaining brownie points with Trade Unions just in time for the next election campaign.
 
#7
Hmmmm

dropping the 10p rate - the Beeb said

"Lower starter rate of 10p to go, meaning all those who pay income tax will start at 20p in the pound - meaning little difference likely to take-home pay"

Little difference which will be made up in tax credits perhaps - I don't know this but it is fair enough to summise?


Top rate to rise to £43,000 - You don't want to mention this DSniffer?

Penny or so on booze - fair enough. VAT DROPPED TO 5% ON NICOTINE PATCHES

Fuel duty up by inflation - fair enough

NO VAT ON AIRLINE TICKETS

Car tax up for some - down for others - Great

Roger so far - Discuss
 
#8
Sven wrote: Penny or so on booze - fair enough

You F*CKING WHAT?????
 

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#9
Wow - 5% on nicotine patches. Lets all go and celebrate folks

No VAT on Airline Tickets - Thats because he has already introduced an illegal tax on flying which bumps up the cost of flying

Car tax up for some - for most I wouls say and down for very few.

Very weak Sven
 
#10
Sven you throbber.

By removing the 10% threshold it basically means all of those people who used to benefit from the lower tax rate will have to pay more, whilst those who earn more pay less. That'll win votes.

Brown is tool of the highest order. He's effectively ensured labour will not return to power.
 
#12
Just done a rough calc using the BBC's Budget calculator, £4.81 worse off a month. :pissedoff:

Blogg you were right to be suspicious of buried news, and not just in the budget - big meeting in London this morning where Lyons revealed that the Council Tax is inherently unfair, it will be lucky if it warrants a few column inches in the inside pages. :frustrated:
 
#13
angular said:
Increases corporate tax: business owners don't vote Labour
I thought he'd cut corporation tax. Has he sneaked in some cunning stunt involving National Insurance that I missed?

Also, he said many of the changes will come into effect next April. Am I right in thinking that means April 2008 rather than April 2007. This will leave whoever replaces him plenty of time to make up any difference with new increases.

As others have said - smoke and mirrors.
 
#14
Sven wrote: Perhaps I'll remind You of this the next time You whinge about binge drinkers

Well being a binge drinker myself.. that may prove difficult.

It is people who cannot hold their ale I despise old boy.
 
#15
Sven, obviously not being the politico that you profess to be I would rather not discuss the merits or demerits of a stalinist wonker that no-one, other than you, seems to like. He and his cronies in the Labour Party have systematically raped every dept that the government control. They came to power on an election promise of education education education the only thing any of us has learned is subducation subducation subducation. The whole of the party stink and the stench that is waiting to inherit the nation from Bliar will bring tears to the nations eyes.

You are obviously a socialist of some degree. Which strikes me as strange as you are choosing to follow a party that ditched it's socialist roots to gain power and will do anything to stay in power. So why do you choose to defend them?
 
#16
I always notice how the increases in the likes of petrol, cigarettes and booze always come into effect almost immediately. Yet the cuts ( if any) don't come into effect til April next year. Some don't even come into effect until 2009!!

Just listening to the radio, our future, unelected prime minister is saying most people will be better off. Can we have their names and addresses? It won't take long as their can't be many of them and I'd like to ask each of them if they can lend me a tenner.
 
#17
Their addresses...Number 10 and 11 Downing street sounds about right.
 
#18
Bravo2nothing said:
Sven you throbber.

By removing the 10% threshold it basically means all of those people who used to benefit from the lower tax rate will have to pay more, whilst those who earn more pay less. That'll win votes.

Brown is tool of the highest order. He's effectively ensured labour will not return to power.
You are quite right - they will be paying the higher rate. The threshold was (under the 10% band) £2230 after the £5225 personal allowance. This meant the wage earner paid roughly 43p per week. They now pay 86p.

You were saying about being a throbber B20
 
#19
Sven said:
Hmmmm



Top rate to rise to £43,000 - You don't want to mention this DSniffer?
Are you really that stupid??

"I can also announce that the point at which people start paying top rate income tax will, from April 2009, not be annual income of £38,000 but £43,000; and I will align the income tax with the national insurance system with its ceiling set at the same single threshold - £43,000 - thereby creating a tax system for income that has just two rates and two thresholds."

Splendid. By linking the tax thresholds to employees NIC contribution upper contribution limit will also rise to £43,000, from the current £34,840, all charged for Non-Contracted Out employees at 11%.

So £5000 @ 20% saved= +£1000

Extra NIC= -£ 897

Ohh and I nearly forgot about the effect of losing the 10% starting rate

Extra 10% on £2150 -£215

So the net effect from April 2009 will be to INCREASE the tax burden on someone earning £43,000 of taxable income or above by £122
 

B_AND_T

MIA
Book Reviewer
#20
Slight off thread, but has anyone else noticed that the words "Backstabbing, lying, cheating, wonkers) are nearly an anagram of "Labour Party"

If you squint abit.

Thanks Gordon, you have yet again proved how you have this country's interests at heart.
 

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