| Budget Speculation - Part Deux 2025 20:43 - Sep 19 with 18414 views | JACKMANANDBOY |
This year the talk is about a range of tax rises to areas such as wealth, pensions and savings, fuel duty and property taxes. The clear risk here is that these measures will take money out of the economy as people move money between asset classes and the property market slows. A slow property market has a wide impact on legal services, building companies, DIY, furniture, white goods etc.
We are likely to see a lack of confidence in spending, combined with further pressure on some sectors pushing up prices and unemployment adding to today's problems.
Let's hope Reeves decides to stimulate confidence and get more money moving in the economy, the back benches seem to have won the day on Welfare Reform so I doubt it.
PS Why Part Deux, because the French are in the merde and we are not far behind them.
[Post edited 8 Oct 11:59]
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| Budget Speculation - Part Deux 2025 on 10:20 - Sep 21 with 3479 views | trampie |
| Budget Speculation - Part Deux 2025 on 09:45 - Sep 21 by majorraglan |
The world has changed significantly and a 90% top rate of tax is ridiculous.
It’s about having a balance, the rich and affluent have to pay their share, but if they are crucified they’ll upsticks and emigrate.
Going back to the 1950’s and 1960’s when we had those tax rates, it was very difficult for people to move around like they can today, no golden visas, you couldn’t be in Oz or New Zealand in 24 hours, no internet etc to keep in touch with families, accessing good healthcare was an issue in many places. These days you can be anywhere in 2 days, access top healthcare almost anywhere in the world if you have the cash etc.
We can’t live in the past, referring to things that happened 70 years ago is crackers. The world society has changed and we need to move with it. |
Absolutely the World has changed and 90% top rate of tax would be ridiculous now but I put it up to show what rich people used to pay and what they pay now because I'm sure most people would have no idea historical levels of taxation in the UK, I don't want them thinking the rich are hard done by when I think the opposite is true.
I think tax on rich individuals and very profitable corporations should be increased and if them means a percentage leaving then good, I don't say that to be arsey, I don't want money oriented people that don't care about their country here, they can go and live behind a wall or fence in a country that will tax them less but obviously due to lack of taxation that leads to gated communities and high crime. |  |
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| Budget Speculation - Part Deux 2025 on 12:41 - Sep 21 with 3379 views | johnlangy |
| Budget Speculation - Part Deux 2025 on 23:00 - Sep 20 by Dr_Winston |
Seriously?
The five grand in tax the Government might get from someone employed by the private sector is a gain. The five grand the Government gets back from someone who it gave it to in the first place is not.
This is not a difficult concept. |
You are correct Dr. I went automatically into the protect the permanently lambasted Civil Servant mode (i'm not and wasn't a Civil Servant) instead of thinking logically about your point  |  | | |
| Budget Speculation - Part Deux 2025 on 13:22 - Sep 21 with 3325 views | trampie |
| Budget Speculation - Part Deux 2025 on 12:41 - Sep 21 by johnlangy |
You are correct Dr. I went automatically into the protect the permanently lambasted Civil Servant mode (i'm not and wasn't a Civil Servant) instead of thinking logically about your point |
The people that create the wealth work in the private sector, teachers, police ect don't create wealth, people like me pay their wages and I object to paying them even more money.
The country can't afford their pensions, my family that worked in those jobs their pensions are so high you have to wonder how the country can afford it. | |
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| Budget Speculation - Part Deux 2025 on 21:07 - Sep 21 with 3163 views | JJBomber |
| Budget Speculation - Part Deux 2025 on 18:14 - Sep 20 by Whiterockin |
VAT coming on taxi rides. |
That will wipe out what's left of the hospitality sector! | | | |
| Budget Speculation - Part Deux 2025 on 02:15 - Oct 9 with 1783 views | Robbie |
Done my bit and still 45 years working ongoing , paying income tax and NI taxes always .
Rachel from accounts might hit my hard earned with extra on top taxes to hit me again
My Pension Pot was I believe my safe retirement fund .
How much more tolerance is the DHSS going to give to the freeloaders who milk the system and laugh , why should I work anyway .
Mobility Car usage should really be looked into too . | | | |
| Budget Speculation - Part Deux 2025 on 06:57 - Oct 9 with 1756 views | builthjack |
Should we be looking at the people, the scroungers who walk with a stick outside the house and run up the stairs inside the house, the mobility cars that are used by relatives 99% of the time,.
The tax dodging huge companies, the offshore accounts etc etc.
That is why our taxes are so high.
Look at your neighbours. Look at your Starbucks. Don’t just look. Do something. |  |
| Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
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| Budget Speculation - Part Deux 2025 on 07:46 - Oct 9 with 1729 views | Whiterockin |
| Budget Speculation - Part Deux 2025 on 06:57 - Oct 9 by builthjack |
Should we be looking at the people, the scroungers who walk with a stick outside the house and run up the stairs inside the house, the mobility cars that are used by relatives 99% of the time,.
The tax dodging huge companies, the offshore accounts etc etc.
That is why our taxes are so high.
Look at your neighbours. Look at your Starbucks. Don’t just look. Do something. |
We could also look a the vast sums of money wasted by the Welsh and national government on pet vanity projects and do something about it. Wait a minute the polls are suggesting we are. |  | | |
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| Budget Speculation - Part Deux 2025 on 10:51 - Oct 14 with 1565 views | JACKMANANDBOY |
The employment market is looking wobbly. a combination of AI, slow growth and rising employment costs are making if difficult for those starting their careers. 1 in 10 of 18 to 24 year olds are not working.
Average wages have grown by a sausage roll (£1.50) a week in the last year according to the Resolution Foundation when you take into consideration inflation.
https://www.telegraph.co.uk/business/2025/10/14/uk-unemployment-ons-trump-china- [Post edited 14 Oct 11:04]
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| Budget Speculation - Part Deux 2025 on 10:44 - Oct 15 with 1480 views | AnotherJohn |
Rachel is meeting the IMF to explain to them why their inflation forecast makes the UK's situation look worse than it is. I sincerely hope that she won't have to go back for a bail out in the next year or two. | | | |
| Budget Speculation - Part Deux 2025 on 10:23 - Oct 18 with 1334 views | Whiterockin |
It looks as if Reeves is going to clamp down on users of the Motorbility scheme. This scheme costs £2.8 Billion a year to run and definitely needs tightening up. | | | |
| Budget Speculation - Part Deux 2025 on 01:39 - Oct 19 with 1245 views | Robbie |
| Budget Speculation - Part Deux 2025 on 10:23 - Oct 18 by Whiterockin |
It looks as if Reeves is going to clamp down on users of the Motorbility scheme. This scheme costs £2.8 Billion a year to run and definitely needs tightening up. |
If Rach from accounts will again do another Labour U turn on the Welfare costs on mobility cars I will applauded her , I see some stories on this issue daily and it makes me cringe ..
Last throw of the dice for Starmer and getting the decent taxpayers onside or an excuse for the wailing aint not fair innit , I need my brand new 75 plate car whilst on Benefits .
Wait with interest on this Caerphilly by election upcoming result . | | | |
| Budget Speculation - Part Deux 2025 on 09:34 - Oct 19 with 1149 views | Demitrius |
The biggest p/ss take in benefits history....
An absolute p/ss soaked pair of size 14 clown shoes in fact.
Driving to the Vape shop for scratchcards and Vagisil...
"Pick up thy sickbed and walk" |  |
| “Cunnilingus and Psychiatry brought us to this …” |
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| Budget Speculation - Part Deux 2025 on 11:26 - Oct 19 with 1101 views | Dr_Winston |
Mobility is ripe for the piss take. Some of the additional premiums that follow the award of DLA to children need to be looked at too, but that's a nettle it would take a brave Government to grasp. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| Budget Speculation - Part Deux 2025 on 11:30 - Oct 19 with 1092 views | Whiterockin |
| Budget Speculation - Part Deux 2025 on 11:26 - Oct 19 by Dr_Winston |
Mobility is ripe for the piss take. Some of the additional premiums that follow the award of DLA to children need to be looked at too, but that's a nettle it would take a brave Government to grasp. |
Exactly have a mobility car for a child then use a taxi for the school run. Insanity. | | | |
| Budget Speculation - Part Deux 2025 on 01:35 - Oct 20 with 987 views | Robbie |
| Budget Speculation - Part Deux 2025 on 11:30 - Oct 19 by Whiterockin |
Exactly have a mobility car for a child then use a taxi for the school run. Insanity. |
Using the car by a fit for purpose individual , but should only be used as the other half is claiming benefits , should be in the passengrer seat for that reason , that is why you have the latest plate top of the range motor and chuck in a blue badge to help you along .
All disabilities can not be seen and I undesrtand , but sometimes the cleverer folk amonst us really know how to milk the system .
Wish I had their talents to make a mockery of the Benefits System . | | | |
| Budget Speculation - Part Deux 2025 on 09:32 - Oct 20 with 931 views | Dr_Winston |
| Budget Speculation - Part Deux 2025 on 11:30 - Oct 19 by Whiterockin |
Exactly have a mobility car for a child then use a taxi for the school run. Insanity. |
You can also get extra money on Universal Credit for having a child in receipt of DLA, even though that's the point of DLA in the first place.
DLA/PIP need a thorough looking at as they're essentially almost a "Gateway" to some serious cash. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| Budget Speculation - Part Deux 2025 on 15:14 - Oct 20 with 853 views | max936 |
| Budget Speculation - Part Deux 2025 on 06:57 - Oct 9 by builthjack |
Should we be looking at the people, the scroungers who walk with a stick outside the house and run up the stairs inside the house, the mobility cars that are used by relatives 99% of the time,.
The tax dodging huge companies, the offshore accounts etc etc.
That is why our taxes are so high.
Look at your neighbours. Look at your Starbucks. Don’t just look. Do something. |
Our taxes are so high because governments give a hell of a lot of taxpayers money away, especially this lot now. |  |
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| Budget Speculation - Part Deux 2025 on 15:34 - Oct 20 with 830 views | Joesus_Of_Narbereth |
| Budget Speculation - Part Deux 2025 on 15:14 - Oct 20 by max936 |
Our taxes are so high because governments give a hell of a lot of taxpayers money away, especially this lot now. |
They do, the amount of wastage is criminal but it’s also deeply ideological, the desire to punish people for having the temerity to earn a bit of coin is ingrained in them. Wealth is a dirty word so they must have it taken off them. |  |
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| Budget Speculation - Part Deux 2025 on 15:41 - Oct 20 with 826 views | Boundy |
I'm all for the Government ( who ever that maybe) going after the big companies who avoid paying taxes although I suspect they're only using a system created by the same governments you want to chase them .As regards benefit cheats I for one feel uneasy at the thought we become a nation of snitches, making allegations without perhaps having the full facts as to why their claiming , more stringent checks definitely by those who are empowered to carry them out ,yes, vigilantes not for me. | |
| "In a free society, the State is the servant of the people—not the master." |
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| Budget Speculation - Part Deux 2025 on 15:46 - Oct 20 with 820 views | Boundy |
| Budget Speculation - Part Deux 2025 on 15:34 - Oct 20 by Joesus_Of_Narbereth |
They do, the amount of wastage is criminal but it’s also deeply ideological, the desire to punish people for having the temerity to earn a bit of coin is ingrained in them. Wealth is a dirty word so they must have it taken off them. |
It seems ingrained in the minds of those with more socialist leanings that any one who works hard to better them selves should carry the burden of supporting those who don't.
Some think for example that farmers are the devil incarnate and should be kept below the poverty line because they sometimes show the trappings of their hard work, the socialist mantra seems to me that it should be a race to the bottom. | |
| "In a free society, the State is the servant of the people—not the master." |
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| Budget Speculation - Part Deux 2025 on 18:09 - Oct 20 with 786 views | JACKMANANDBOY |
| Budget Speculation - Part Deux 2025 on 15:46 - Oct 20 by Boundy |
It seems ingrained in the minds of those with more socialist leanings that any one who works hard to better them selves should carry the burden of supporting those who don't.
Some think for example that farmers are the devil incarnate and should be kept below the poverty line because they sometimes show the trappings of their hard work, the socialist mantra seems to me that it should be a race to the bottom. |
The Resolution Foundation vision for 2030 highlights how small business owners are ripe for taxation as is the hospitality industry where the middle classes will be more than able to accept increased prices.
https://economy2030.resolutionfoundation.org/
There's pages and pages and here are some some tax recommendations - sound familiar?
The Government should make permanent currently temporary full expensing of business investment within Corporation Tax, and ideally extend its scope to all investment, while keeping the headline rate stable over time.
Business rates should exempt new construction and improvements from the tax base, so that the tax converges to a land tax.
The VAT registration threshold should be cut to £30,000
A new per-mile ‘Road Duty’ system should mirror Fuel Duty for electric cars
Council Tax should move to a flat rate within Local Authorities based on up-to-date valuations, while the higher threshold for residential Stamp Duty should be made permanent and the rate on more expensive properties cut.
Tax rates on different kinds of income should be equalised but very high marginal rates should be removed, through higher dividend and Capital Gains taxes and higher top National Insurance rates for the self-employed, offset by indexing capital gains to inflation, a cut in employer National Insurance, reinstating the Personal Allowance above £100,000 and abolishing the High Income Child Benefit Charge.
The Government should reform taxes on pensions and inheritance to raise more revenue and make them more progressive | |
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| Budget Speculation - Part Deux 2025 on 09:15 - Oct 21 with 718 views | AnotherJohn |
Last month's government borrowing was the highest for many years. Public expenditure is running about 10% higher than last year. It won't take long to arrive at a financial crisis if this goes on much longer. [Post edited 21 Oct 16:05]
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| Budget Speculation - Part Deux 2025 on 16:32 - Oct 21 with 677 views | max936 |
| Budget Speculation - Part Deux 2025 on 10:23 - Oct 18 by Whiterockin |
It looks as if Reeves is going to clamp down on users of the Motorbility scheme. This scheme costs £2.8 Billion a year to run and definitely needs tightening up. |
Hitting the disabled again, disabled and pensioners are easy targets.
She's borrowed another 22 billion now then, where's that going I wonder. Must be a another needy country looking for a hand out, better to do that than spend it where it should be spent. | |
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