The Budget

[just_joe]

Yes, expect more regressive taxation in the form of increased duties on booze, fags and petrol, all of which proportionally has greater impact on the poorest among us and helps to subsidize tax cuts that have been put into place to help the most wealthy over the last 20 years.

End result of these regressive taxes? More pain for the poorest, increased gap between the rich and the poor, and more entrentchment of those who have wealth as the primary political and economic decision makers, as we watch the democracy the working class fought for go down the tubes.

Don't blame me. It's YOU who voted tory.

At least Scotland has a chance to forge a brave new world.

Aye right

Cannae remember Liebour ever putting up taxation/duty on cigs, booze , petrol tec.

leave Sambo alone you dozy bint.[/quote]

There'll need to be some pretty stiff increases on duty on fags, booze, and petrol to pay for

[just_joe]

Whisky tax may go up it usually does..

Petrol prices will go up even though we bring the stuff in via Scotlands North Sea.

Fags will go up again..even though I don't smurk I think it's a big tax on the working classes..they need summat

Don't think the dole folks money will go up London can't afford all that anymore.

Pension age has already went up obv London can't afford that either..

Poor old folk it's now work Untill you die..

We need to ask ourselves why London can't afford benefits for the poor and aged when, in fact, the size of the British economy has doubled over the last thirty years, meaning there's twice as much money in the country now as there was in 1980.

So, how come we can't afford to help the poor and aged? How does that work, then?[/quote]


Joe may have something to do with wars and things like trident..[/quote]

[moorlad]

Whisky tax may go up it usually does..

Petrol prices will go up even though we bring the stuff in via Scotlands North Sea.

Fags will go up again..even though I don't smurk I think it's a big tax on the working classes..they need summat

Don't think the dole folks money will go up London can't afford all that anymore.

Pension age has already went up obv London can't afford that either..

Poor old folk it's now work Untill you die..

We need to ask ourselves why London can't afford benefits for the poor and aged when, in fact, the size of the British economy has doubled over the last thirty years, meaning there's twice as much money in the country now as there was in 1980.

So, how come we can't afford to help the poor and aged? How does that work, then?[/quote]

Because there are more people living significantly longer (life expectancy in 1980 was 73, in 2010 it was 81). Also t

[521buc]

Moorlad,
With you being a flamboyant accountant..

Do you think with many people retiring and living longer which equates to more doctors appointments hospital visits..more drugs that will be required..
Higher dementia ratio..more home care required by carers..
Do you think the London goverment can keep up with keeping all this going and survive or do you think the system will colapse..

As you say many people retiring and no enough people working to keep poor old people in retirement..

[moorlad]

The system won't collapse, the movement up of retirement ages will help. The forthcoming auto enrolment will also start to address some of those problems, which means there will be less reliance on state pensions.

However when my kids reach 67 (or whatever the retirement age is then) the state pension will be massively reduced.

Health and social care is already an massive issue Jimmy, and is going to become more and more off of an issue as the general population's age keeps increasing. Leaving health and social budgets as they are (or even increasing in line with inflation) amounts to an cut, because more people require the care. That is where we'll have problems.

[griff]

Knowing my luck, he'll freeze the duty on red, and put an punitive tax on buckets. The ****.

[imtheboy]

Whats wrong wiv wars? I of done alright out off of the 5(five) I of been involved in.

[Markovitch]

Cutting the top rate of tax increases tax revenue. Rich people pay less for tax avoidance schemes and rich people from other countries move their residence to the UK. Fiat is now moving its management to the UK because you are again a low tax country.
As for Moorlad's point I totally sympathize, my father will be 81 this year, my mother 77, the problem is economics though (both worked all their lives). When the NHS was introduced there were 19 people in work for every 1 on the pension. Now it is 16:4 and by 2050 will be 1:1 As an economic process it is unsustainable. In addition the British Government spends money on unnecessary things like foreign wars- a billion a day to bomb Afghanistan and Iraq. That is a lot of hip replacements. I really didn't like Maggie but economic realism needs to come to many in Britain, not just tax the rich more because it doesn't work. Australia means tests old age pensions, France and almost all countries in the EU charge foreigners for using medical ser

[Sir_Judd]

[quote="Markovitch"]Cutting the top rate of tax increases tax revenue. Rich people pay less for tax avoidance schemes and rich people from other countries move their residence to the UK. Fiat is now moving its management to the UK because you are again a low tax country.
As for Moorlad's point I totally sympathize, my father will be 81 this year, my mother 77, the problem is economics though (both worked all their lives). When the NHS was introduced there were 19 people in work for every 1 on the pension. Now it is 16:4 and by 2050 will be 1:1 As an economic process it is unsustainable. In addition the British Government spends money on unnecessary things like foreign wars- a billion a day to bomb Afghanistan and Iraq. That is a lot of hip replacements. I really didn't like Maggie but economic realism needs to come to many in Britain, not just tax the rich more because it doesn't work. Australia means tests old age pensions, France and almost all countries i

[moorlad]

[quote="Sir_Judd"]Cutting the top rate of tax increases tax revenue. Rich people pay less for tax avoidance schemes and rich people from other countries move their residence to the UK. Fiat is now moving its management to the UK because you are again a low tax country.
As for Moorlad's point I totally sympathize, my father will be 81 this year, my mother 77, the problem is economics though (both worked all their lives). When the NHS was introduced there were 19 people in work for every 1 on the pension. Now it is 16:4 and by 2050 will be 1:1 As an economic process it is unsustainable. In addition the British Government spends money on unnecessary things like foreign wars- a billion a day to bomb Afghanistan and Iraq. That is a lot of hip replacements. I really didn't like Maggie but economic realism needs to come to many in Britain, not just tax the rich more because it doesn't work. Australia means tests old a