news & politics:discussion

[steviewevie]

7 minutes ago, Ozanne said:

Geez. That sounds dreadful. We are all paying for the Tories mess.

without wanting to open older arguments...in terms of tax rises these don't sound too bad...

-Expect all tax thresholds [NI/IT] to be frozen

-Big increase in energy windfall tax + new tax on elec generators

-45p threshold to £125k (from £150k)

[steviewevie]

but yeah, some big spending cuts.

[steviewevie]

I don't get the argument they're making that these are needed to get a grip of inflation...that is the bank's remit. Maybe because they know that inflation likely to start coming down over next 12 months.

[steviewevie]

3 minutes ago, Crazyfool01 said:

yeah i do ... thats why I offered to try and house some Ukrainian refugees ... unfortunately as a single guy that wasnt possible ... my parents have though .... again we neglect the fact that we are so much worse off than others .... and they had/ have  exactly the same issues but without the mismanagement . I gave no permission to waste money !!! paying people is not wasting money ... failed test and trace is . along with billions of pounds written off , and torys giving backhanders to mates 

yes they spent a lot of money, but a lot of it was spent to keep people in work and businesses running. And other govts spent a lot too but are not in as much shit as us.

[Crazyfool01]

Just now, steviewevie said:

yes they spent a lot of money, but a lot of it was spent to keep people in work and businesses running. And other govts spent a lot too but are not in as much shit as us.

70 billion on furlough I was just looking ( source bbc ) ... important to have jobs to return to after the pandemic otherwise no income tax for govt and costs for unemployed 

[Guest]

18 minutes ago, steviewevie said:

without wanting to open older arguments...in terms of tax rises these don't sound too bad...

-Expect all tax thresholds [NI/IT] to be frozen

-Big increase in energy windfall tax + new tax on elec generators

-45p threshold to £125k (from £150k)

It’s still tax rises we weren’t getting before Truss’ mini-budget.

Lets see the small print on the windfall tax, as the current one let’s firms get away with paying nothing. 

[Crazyfool01]

2 minutes ago, Barry Fish said:

Or we could of just let people go to work.  Public enquiry is likely to find lockdowns had little impact.  If you was still reading covid stuff you would realise the view pont on them are now very much of that view point.

yeah why not kill off a few more people ... with already 200,000 dead . whats a few more lives !!! 

[Crazyfool01]

2 minutes ago, Barry Fish said:

Reality is everyone died who was going to die.  Was arrogant to think we could stop it.

a mate lost his dad early 60s ... he wasnt going to die for a good while  .... please fuck off with that bullshit 

Edited November 16, 2022 by Crazyfool01

[steviewevie]

May as well get rid of NHS cause everyone just dies anyway.

[Crazyfool01]

1 minute ago, steviewevie said:

May as well get rid of NHS cause everyone just dies anyway.

Saves a few quid ... while we are at it free prescriptions might as well go , oh and medicine whats the point 

[lost]

Under 50’s in good health were at no greater risk than your average flu season. Obviously there is a lot of grey area between forcing oldies out at knife point to mingle and stealing young peoples best years and education. 

[Guest]

Oh goodie, Covid denial is back. ‘It’s just the flu’ etc etc. 

[Neil]

2 hours ago, Barry Fish said:

Wrong....  Utterly wrong...  This would have been happening regardless.

truss fucked up and fucked the country's finances.

[steviewevie]

31 minutes ago, lost said:

Under 50’s in good health were at no greater risk than your average flu season. Obviously there is a lot of grey area between forcing oldies out at knife point to mingle and stealing young peoples best years and education. 

Yes and I think that was maybe the plan initially, but they scrapped it when realised wouldn't work.

Agree about the education thing personally, they should have kept schools open somehow... although my kid was made up.

[Guest]

Every single lockdown was too late and as a result went on too long. Another Tory error. 

[fred quimby]

7 hours ago, Barry Fish said:

How are you defining wealth ?  CGT ? 

Just to answer the question, I know thread has moved on.

A wealth tax is a tax on an entity's holdings of assets. This includes the total value of personal assets, including cash, bank deposits, real estate, assets in insurance and pension plans, ownership of unincorporated businesses, financial securities, and personal trusts.

That can be one definition,  obviously that can be sliced up different ways of course. 

Edited November 16, 2022 by fred quimby

[fred quimby]

2 hours ago, Barry Fish said:

Or we could of just let people go to work.  Public enquiry is likely to find lockdowns had little impact.  If you was still reading covid stuff you would realise the view pont on them is now very much of that view point.

Were you not massively in favour of lockdowns in the beginning before the Vaccine.  You of course have the right to change your mind and now think there were a waste of time, but that does not alter the fact that you were happy with this. 

sorry if I got the wrong person, but sure I was agreeing with you at the time.

[fred quimby]

2 hours ago, Barry Fish said:

 

I presume you support our efforts in regard to to Ukraine ?   It comes at a cost.

I reckon we should do the windfall tax on the energy companies, earning money of the back of  Putins invasion. And use that to support Ukraine. We have committed to £2bn , from memory. Use those Putins profits to try and fuck him over.

[Guest]

Good to see Labour win the windfall tax battle. The Tories have been dragged kicking and screaming into doing it, twice!

[Guest]

Oh good. 

[Guest]

 

[fred quimby]

29 minutes ago, Barry Fish said:

Wrong person I think...  I was never in favour of lockdowns.  I didn't fight against lockdown - come lockdown two I was a sceptic.

Ah ok. 

[kaosmark2]

28 minutes ago, Ozanne said:

 

When myself and my friends have dealt with 85% rent increases over a 4 year period, it's very hard to feel sympathy for 7%.

Not impossible, and I'd still vote against it, but this will have zero resonance publicly. Absolutely zero. Private renters are facing 15-25% in a year, homeowners are seeing 12% increases in mortgages. Most people will look at that and think "wow, jealous it's that little".

Is it too much for the poorest in today's economic climate? Yes, but it's still comparatively marginal to everything else.

[steviewevie]

Today's the day, and we can argue the reason we face this is definitely all Truss or all covid or all brexit or all ukraine when infact it's all of the above...but I stand by the fact that Osborne and Cameron fucked us with the first bunch of austerity in 2010s that went beyond what was necessary and became just a shrinking state exercise for ideological reasons and now there really is fuck all to cut, so we're getting tax rises as well.

(and they are doing this to desperately show the markets that we're not kwarteng crazy anymore - we wouldn't be going so far if hadn't had that market shock from the mini budget that pushed us to the edge last month).

[Guest]

7 hours ago, kaosmark2 said:

When myself and my friends have dealt with 85% rent increases over a 4 year period, it's very hard to feel sympathy for 7%.

Not impossible, and I'd still vote against it, but this will have zero resonance publicly. Absolutely zero. Private renters are facing 15-25% in a year, homeowners are seeing 12% increases in mortgages. Most people will look at that and think "wow, jealous it's that little".

Is it too much for the poorest in today's economic climate? Yes, but it's still comparatively marginal to everything else.

How nice and compassionate of you.