The Budget

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andrewb

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Are you better or worse off?

You can find a budget calculator here: BBC News - Budget calculator 2010 although it is not comprehensive.

My housemate is not too happy with the 10% increase in the price of cider. ;)

My biggest peeve is the hidden stealth tax on working people. It's not within the BBC's budget calculator as it's sneakily done. They're going to freeze the personal tax allowance, where as normally it increases in line with inflation. This means that you'll be taxed an extra £50 on your income. I'm absolutely against this. I think the personal allowance should be raised to £10,000 so the lowest income workers are taken out of tax altogether.
 
andrewb said:
Are you better or worse off?

You can find a budget calculator here: BBC News - Budget calculator 2010 although it is not comprehensive.

My housemate is not too happy with the 10% increase in the price of cider. ;)

My biggest peeve is the hidden stealth tax on working people. It's not within the BBC's budget calculator as it's sneakily done. They're going to freeze the personal tax allowance, where as normally it increases in line with inflation. This means that you'll be taxed an extra £50 on your income. I'm absolutely against this. I think the personal allowance should be raised to £10,000 so the lowest income workers are taken out of tax altogether.
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from the bbc's website .. BBC News - Parties draw economy battle lines on day after Budget

But Mr Osborne claimed 30 million workers were facing an effective tax rise due to the freeze on personal allowances.
He said the details, contained in official documents, were a new "stealth tax" and Mr Darling had "said nothing about the biggest tax rise in the Budget" in his speech.
Mr Darling said that tax thresholds are linked to the inflation rate the previous September. At the time inflation was negative so "in theory these allowances should have been cut... now that would have been daft... so I froze them".
 
cashman said:
well i certainly liked the bit about increases on Cider n Alcho-Pops,
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Alcopops o.k, but Cider ? you can't get much more British than a Pint of Cider in a Country Beer-Garden, or at Home in your own Garden with family & friends on a Summers evening. No I find that wrong personally. Maybe that's why they've done it ! They'd sooner have us drinking imported fizzy pish from Europe, sad days indeed.
 
andrewb said:
Are you better or worse off?

You can find a budget calculator here: BBC News - Budget calculator 2010 although it is not comprehensive.

My housemate is not too happy with the 10% increase in the price of cider. ;)

My biggest peeve is the hidden stealth tax on working people. It's not within the BBC's budget calculator as it's sneakily done. They're going to freeze the personal tax allowance, where as normally it increases in line with inflation. This means that you'll be taxed an extra £50 on your income. I'm absolutely against this. I think the personal allowance should be raised to £10,000 so the lowest income workers are taken out of tax altogether.
Click to expand...
Just used the the budget calculator. I am 53 pounds worse off, didnt realise just how the taxes were hidden.
 
Our budget was boring .... seems like our problem is how to put a damper on our economy, particularly the soaring loonie, without slowing it down too much ... especially when our neighbour's economy is still sluggish.;)
 
andrewb said:
Are you better or worse off?
My biggest peeve is the hidden stealth tax on working people. It's not within the BBC's budget calculator as it's sneakily done. They're going to freeze the personal tax allowance, where as normally it increases in line with inflation. This means that you'll be taxed an extra £50 on your income. I'm absolutely against this. I think the personal allowance should be raised to £10,000 so the lowest income workers are taken out of tax altogether.
Click to expand...

Given your Party wants 'An Age of Austerity', how will you pay for this allowance increase.

Being cynical I think you are trying to say Britain's debts are a tragedy and we need deep cuts on the one hand but on the other you'll be better off under the Tories. All this without an explanation of how.

Whatever Labour is, at least it is being more upfront, clear, with one just policy it is sticking too. Believe it or not you know what it is.
 
DaveinGermany said:
Alcopops o.k, but Cider ? you can't get much more British than a Pint of Cider in a Country Beer-Garden, or at Home in your own Garden with family & friends on a Summers evening. No I find that wrong personally. Maybe that's why they've done it ! They'd sooner have us drinking imported fizzy pish from Europe, sad days indeed.
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yep cider as well, in general alkies n knobheads get out their skulls on it especially from supermarkets.
 
g jones said:
Given your Party wants 'An Age of Austerity', how will you pay for this allowance increase.

Being cynical I think you are trying to say Britain's debts are a tragedy and we need deep cuts on the one hand but on the other you'll be better off under the Tories. All this without an explanation of how.

Whatever Labour is, at least it is being more upfront, clear, with one just policy it is sticking too. Believe it or not you know what it is.
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With all the cuts in university grants I'm surprised you got a PhD in talking rubbish or have you got an all paid tip sorted.Missed the R out - Sorry
:D
 
g jones said:
Given your Party wants 'An Age of Austerity', how will you pay for this allowance increase.

Being cynical I think you are trying to say Britain's debts are a tragedy and we need deep cuts on the one hand but on the other you'll be better off under the Tories. All this without an explanation of how.

Whatever Labour is, at least it is being more upfront, clear, with one just policy it is sticking too. Believe it or not you know what it is.
Click to expand...

It's not Conservative policy to change the allowance in the way I suggest, as far as I know. They were against removing the 10p tax band, and were against the stealth tax in freezing the personal allowance though.

It is Conservative policy to start paying back the debt this year, which means we will save money on interest payments. Interest payments to bankers currently dwarf the entire schools budget. The public knows leaving debt just makes it worse.

Darling is now saying he will cut spending "deeper and tougher" than Margaret Thatcher's government did. I just wish he wouldn't raise taxes on the backs of the lowest income workers.
 
DaveinGermany said:
Alcopops o.k, but Cider ? you can't get much more British than a Pint of Cider in a Country Beer-Garden, or at Home in your own Garden with family & friends on a Summers evening. No I find that wrong personally. Maybe that's why they've done it ! They'd sooner have us drinking imported fizzy pish from Europe, sad days indeed.
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all this fuss over cider and how its a disgrace taxing a british drink and all the romance of drinking cider in a country pub.

come on lets face it higer percentageof cider drinkers are jeremy kyle black toothed inbreds smashed out their skulls on white lightening and any other high percentage cheap nasty cider sitting on benches in town centers or clogging up hospitals after clobbering each other or looking at them selves in teh wrong way.

thats teh only people that are going to be hit ,anyone who enjoys an odd pint of cider isnt gonna be hurt too much in the pocket
 
andrewb said:
Are you better or worse off?

You can find a budget calculator here: BBC News - Budget calculator 2010 although it is not comprehensive.

My housemate is not too happy with the 10% increase in the price of cider. ;)

My biggest peeve is the hidden stealth tax on working people. It's not within the BBC's budget calculator as it's sneakily done. They're going to freeze the personal tax allowance, where as normally it increases in line with inflation. This means that you'll be taxed an extra £50 on your income. I'm absolutely against this. I think the personal allowance should be raised to £10,000 so the lowest income workers are taken out of tax altogether.
Click to expand...
Yes great idea. Have the conservatives considered this and what are their plans in terms of lower income workers. It appears to me that the Labour party are no
longer the party for the working class.
 
Seems Mancie hasn't been on because he's so upset at cider going up:D White Lightening:mosher:
 
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