My point being if my good lady did something like that I would be totally hacked off.
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Truss... Oh dear !
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I thought you both shared your account on here.
Certainly explains why you talk bollox one minute and total sense the next.
Now be VERY careful how you answer that as she might be reading this......
I do.
I do.
Just been watching how question time went today.
Until my wife launched with "they're giving
my arse a headache".
Until my wife launched with "they're giving
my arse a headache".
Can someone explain how by cutting the 45% tax rate for the higher earners and by abolishing the cap on bankers bonuses is going to help people on the minimum wage who are really struggling.
Yes they are cutting the base rate by 1p but that won't make any difference especially if you don't earn enough to pay tax.
The rich get richer the poor get poorer
Yes they are cutting the base rate by 1p but that won't make any difference especially if you don't earn enough to pay tax.
The rich get richer the poor get poorer
It doesn't, unless you subscribe to the "crumbs trickle down" theory.
It’s more than a theory, it’s reality. Keynes.
The faster that money circulates the more society benefits, including the tax man. It’s essentially how Hoover and then Eisenhower got USA out of the 1920s depression….although, and I hate to say it, a good war has massive long term global economic benefits. Unfortunately inflation running away due to that f#ck#r Putin inevitably saw an interest rate hike yesterday (more to come in my personal opinion) usually suppresses spending….it’s a double edged sword at present.
But I agree with Minkey , at present I would prefer to see those toward the bottom of the ladder getting more direct help. Those that deserve it anyway, not those that have the profession of leeching off the state and nicking anything that isn’t bolted down.
My quick take....
The change in National Insurance does nothing for me personally as from the end of this month I don't pay it any more anyway.
The stamp duty change will probably stimulate the housing market, but will also fuel housing price rises. That may well generate activity and spending - if any "spare money" isn't being soaked up by fuel/heating costs.
The change in the highest tax rate is nothing more than helping themselves and their mates. I'd reckon that an MP salary plus a few "consultancy" commissions would put them firmly in that band.
So that's another £10,000 a year in the pocket!
All of this is being paid for by borrowing so it's the mostly you and I who'll pay for it all.
But, will any of it actually happen?
Almost everything doesn't take effect until next April.
Will it still be the same people or even the same party in control them?
The change in National Insurance does nothing for me personally as from the end of this month I don't pay it any more anyway.
The stamp duty change will probably stimulate the housing market, but will also fuel housing price rises. That may well generate activity and spending - if any "spare money" isn't being soaked up by fuel/heating costs.
The change in the highest tax rate is nothing more than helping themselves and their mates. I'd reckon that an MP salary plus a few "consultancy" commissions would put them firmly in that band.
So that's another £10,000 a year in the pocket!
All of this is being paid for by borrowing so it's the mostly you and I who'll pay for it all.
But, will any of it actually happen?
Almost everything doesn't take effect until next April.
Will it still be the same people or even the same party in control them?
I thought that was what people voted for I the Conservatives.
On the other hand, if it was easy, the problem would have been solved many years ago.
I read, a long time ago, that economists predictions are 5% accurate.
OK Andy, I shouldn't have used the "theory" word.
It's just that what's generating the current issues isn't normal fiscal events.
It's just that what's generating the current issues isn't normal fiscal events.
Absolutely. Covid followed by an energy crisis cased by f#ck#r Putin.
Unprecedented.
Just a thought, but.....
With the pound taking a dive and all that, maybe we could rejoin the EU and adopt the euro.
Although it might not work as we're probably miles off the eurozone public borrowing limits
With the pound taking a dive and all that, maybe we could rejoin the EU and adopt the euro.
Although it might not work as we're probably miles off the eurozone public borrowing limits
There’s a thought…..Just a thought, but.....
With the pound taking a dive and all that, maybe we could rejoin the EU and adopt the euro.
Although it might not work as we're probably miles off the eurozone public borrowing limits
Stock markets in France and Germany have dived also.
I think events to the east are the driving forces.
Must say I was somewhat reminded of another chancellor today - a certain John Barber.
That didn't end well either!
I think events to the east are the driving forces.
Must say I was somewhat reminded of another chancellor today - a certain John Barber.
That didn't end well either!
I cannot for the life of me understand why tax increases on booze has been cancelled. Should have been doubled as far as I am concerned…and I enjoy a drink!
Shares in The Kamikaze Bank have dived.
And The Origami Bank has folded.
And The Origami Bank has folded.
To keep prices down in the House of Commons bars, simples.
I suspect our political elite really do function at that level