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Author Topic: Let's Get Political!  (Read 2213126 times)
Legends-Lounge

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« Reply #13590 on: Wednesday, July 31, 2024, 19:18:06 »

Conservatives were the most left wing in their history, triple lock, max 86k care fees etc etc, as they wanted to keep there loyal voters.
Now wait for labour to screw all the tax avoiding companies, mostly the foreign owned vital infrastructure companies.
Thames Water - China and the Peoples Republic of Ontario Teachers,
Railways - Belgium, Germany, France, Sark
Electric   - France, France and Fucking France
Hopefully we can discourage Luxembourg from being a bunch of cunts
You never know

Don’t hold your breath comrade.
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Nemo
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« Reply #13591 on: Wednesday, October 30, 2024, 12:36:54 »

Budget day. Not sure this is going to be a barrel of giveaways, the one after the election rarely is, whoever wins power. Tax rises and long term investment. We'll see.

Every time I actually watch parliament happen I find the pantomime of it rather off-putting. I know that people like the traditions, but it's all a bit naff.
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Batch
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« Reply #13592 on: Wednesday, October 30, 2024, 13:04:42 »

If we want stuff fixed, it costs.

Not sure they are whacking the right people though. We'll see.
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Nemo
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« Reply #13593 on: Wednesday, October 30, 2024, 13:28:21 »

I do struggle to follow all this so will wait to see what smarter people than I say afterwards, but it feels like the overall picture is an increase in the non-core taxes (income, VAT etc.) to pay for a slight increase in public spending which will probably help a bit but hardly turn everything around overnight.

Maybe there's more to it than that, but it feels like it's not exactly tearing up the playbook.

Main thing I've taken away is that we have a Science, Technology and Innovation Secretary. Surely they should have thought a bit more about that acronym...
« Last Edit: Wednesday, October 30, 2024, 13:35:53 by Nemo » Logged
Bogus Dave
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« Reply #13594 on: Wednesday, October 30, 2024, 13:54:24 »

Nothing in there that massively affects me, although I guess NI and Minimum wage increases will get passed on by corporate greed. If it helps roads get fixed and schools get built then it’s worthwhile

Removing the income tax cap freeze is a nice thing to look forward too if and when it happens

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Nemo
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« Reply #13595 on: Wednesday, October 30, 2024, 13:56:16 »

Removing the income tax cap freeze is a nice thing to look forward too if and when it happens

Yeah I got mildly interested at that point, and then she said "beyond the already announced freezes until 2028/29". So erm in four years time. Something to look forward to...

What sounded like a lot of money for the NHS and schools towards the very end. Always hard to work out what is *actually* a lot of money in the NHS as all the numbers are silly.
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THE FLASH

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« Reply #13596 on: Wednesday, October 30, 2024, 15:00:59 »

£2.10 on a bottle of Vape Juice next year.....only a matter of time before 'the' Government got wise to the popularity and taxed it!
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« Reply #13597 on: Wednesday, October 30, 2024, 16:31:23 »

Budget probably won't affect people much immediately, but ultimately for those of us as employees in the private sector, we'll probably be looking at reduced pay rises, redundancies and a higher percentage of our wages being taken by taxes through the length of this government.

Growth forcast doesn't look good, so expect things not to get better any quicker, ultimately the country is almost as fucked as town are.

Obviously 4 years is a long time and forcasts can be wrong, so hopefully I'm wrong but it's hard to have a positive outlook these days
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« Reply #13598 on: Wednesday, October 30, 2024, 16:45:27 »

After all the drama and hysteria from the right over the past week (mainly on Twitter, and perhps primarily because of Musk's new algorithm) you would have thought today's budget would have hit everybody quite hard.

Whenever revenues need to be raised there will be people complaining that the government "clearly doesn't care about working people/the elderly/children/business/growth/other", but with this budget there seems to be a sense in which larger businesses will bare the brunt in a relatively affordable way, and the average person will be very slightly worse off for the next few years with the hope of some better things ahead of the next GE in 4-5 years time.

I think all of that is fair enough given the current state of the country, but will be reading more detailed analysis form various sources to see how others see all this panning out.
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RedRag

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« Reply #13599 on: Wednesday, October 30, 2024, 19:59:54 »

There is now clear red water between Labour & Conservative.

Not comfortable with this Budget but the wildly inconsistent Tories had long lost their standing as a safe pair of hands.

On the matter of "growth", both main parties continue to refuse  to even debate issues around re-alignment with the Single Market.


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Nemo
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« Reply #13600 on: Wednesday, October 30, 2024, 20:16:50 »

https://twitter.com/jburnmurdoch/status/1851658431607758872

Thought this was pretty interesting, our tax burden is very high but so is everywhere else's. Ageing population blamed, but I wouldn't be surprised if debt accrued during Covid is a fair contributing factor either.
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Ƭ̵̬̊: The Artist Formerly Known as CWIG
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« Reply #13601 on: Wednesday, October 30, 2024, 20:22:25 »

Pay as little attention to politics as I can usually but RR changes to stamp duty has potentially cost be thousands and thousands of pounds between now and christmas with how it will effect my work and god knows how much more in the long run.

Probably wouldn't have voted for Labour ever anyway but that has just sealed it. Fuck off.
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« Reply #13602 on: Wednesday, October 30, 2024, 22:39:44 »

There is now clear red water between Labour & Conservative.

Not comfortable with this Budget but the wildly inconsistent Tories had long lost their standing as a safe pair of hands.

On the matter of "growth", both main parties continue to refuse  to even debate issues around re-alignment with the Single Market.

Because alignment with EU rules will stifle us and make us uncompetitive with the rest of the world

You only have to look at GDP growth of countries in the EU not great reading and Germany one of the worst


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RedRag

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« Reply #13603 on: Thursday, October 31, 2024, 14:55:09 »

At least you're up for debating the economic impact of the UK not being part of the Single Market (EU or EEA).  

I'm certainly very interested in the topic, especially at Budget time.  Excuse me however for wimping out, having raised the issue in the first place.
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« Reply #13604 on: Thursday, October 31, 2024, 15:44:29 »

https://twitter.com/jburnmurdoch/status/1851658431607758872

Thought this was pretty interesting, our tax burden is very high but so is everywhere else's. Ageing population blamed, but I wouldn't be surprised if debt accrued during Covid is a fair contributing factor either.
That’s why the bastards are trying to kill us off. Covid didn’t kill enough oldies so we’ll freeze them to death.

£2 billion saving, apparently, to freeze us. Pissy small amount in the overall scheme of things but a political choice instead of maybe getting it from the energy companies.

Government hates pensioners.
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