| All this Budget Speculation 23:28 - Oct 18 with 65722 views | JACKMANANDBOY |
The plan seems to be to raise taxes like IHT and Capital Gains and maybe on Non-Doms etc. whilst changing the rules to borrow more.
There a realistic risk here, if the tax income does not increase as planned, the very rich can work their way around these increases, and if growth is slow then the cost of borrowing increases as bond rates will go up as confidence is lost in the money markets and we will have a slow burn Liz Truss effect.
With all that is happening in the World having some gold makes a lot of sense right now. |  |
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| All this Budget Speculation on 21:14 - Sep 3 with 3195 views | Whiterockin |
| All this Budget Speculation on 20:57 - Sep 3 by Dr_Winston |
The left will fracture. The left always fractures. Too many opportunities to slag each other off for not being ideologically pure enough. Jezbollah have started arguing amongst themselves already. Labour, The Greens, and whoever else is on the left will just find themselves fighting over a diminishing pool of voters.
Unity used to be a Tory thing, but now they're basically doing the same with many shifting to Reform and eventually whatever Rupert Lowe ends up doing with Elon Musk's money.
Wales could end up largely split between Plaid and Reform, which would make things interesting if nothing else. Scotland might actually go more Lib Dem. They're fed up of Labour and the SNP. |
October 23rd is the Caerphilly by election and could be the day Labour loose power in Wales. |  | | |
| All this Budget Speculation on 15:24 - Sep 16 with 2461 views | Whiterockin |
Next April the state pension rises by 4.7% and takes it to £12,535 a year £35 under the tax threshold. If nothing changes by April 2027 those on the full new state pension will pay tax on their pension. Some big decisions to be made within the next two budgets, whatever they do it will alienate them even further from a great number of the voting population. | | | |
| All this Budget Speculation on 16:39 - Sep 18 with 1769 views | trampie |
Raise the tax threshold and give the pensioner's more money, pay for it by raising taxes on the rich and big corporations.
I'm generalising but most oaps would spend any pay rise in the economy but if more and more money via pay rises and tax breaks are given to the well off then they won't spend it in the economy they will just bank it and add it too their own personal wealth. |  |
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| All this Budget Speculation on 09:23 - Sep 19 with 1487 views | Whiterockin |
Tax rises in the budget wouldn't need to be so high if the government were making a better job of running the country. The debt is rising, they can't keep on blaming the previous government. The country can see right through them, the problem is by the time they are out it will be to late to sort the mess out. | | | |
| All this Budget Speculation on 09:38 - Sep 19 with 1464 views | trampie |
Labour historically have a better record of managing the economy than the Tories. | |
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