| Has Burnham focussed yet on the National debt? 23:07 - Aug 6 with 10831 views | ReslovenSwan1 |
With out doubt one of the biggest issues is national debt. It is currently hitting £3 Trillion. (A Trillion is a thousand billion.) £3,000,000,000,000. For each citizen the debt is £43,000 and growing.
The debt really kicked on after the £500 billion bankers bail out of 2009 when it was less than £1 Trillion.
The second spike was the Covid related borrowing for furlough and infrastructure etc 2020 -2021.
https://commonslibrary.parliam
I do not know what Burnham's priorities are but if it is not reducing the deficit and then debt then he is just fiddling on the roof while the house burns beneath him.
When Starmer tried to trim the budget his Chancellor was seen sobbing n the House of Commons after folding to MP pressure. He has no election for 3 years so should take unpopular decisions and cut the deficit first and then the debt.
Reform and Plaid in the Senedd is concentrating on Gender definition. If Wales went independent our share of the debt would be £150 billion. (5% of the total debt)
UK interest payment of this debt annually is £110 billion. (including my premium bond winnings)
[Post edited 6 Aug 23:13]
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| Has Burnham focussed yet on the National debt? on 23:51 - Sep 10 with 608 views | JACKMANANDBOY |
10 year bond rate now 5.37 percent !!! |  |
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| Has Burnham focussed yet on the National debt? on 00:16 - Sep 11 with 590 views | max936 |
| Has Burnham focussed yet on the National debt? on 07:48 - Sep 2 by Demitrius |
In the midst of all this Marxist shortarse Commie Corbett has vowed to increase foreign aid by £13 Billion.
A comparison in real life is that you have Debt Collectors hammering on your front door while you're sat on your doley arse inside buying a load of sh/te you don't need off QVC...
The a-holes running this country into the ground want shooting, they really do... |
They're not running the country they are drowning the country in debt, because they are totally clueless and massively out of their depth, can anyone name a proper politicians worth their salt these days, I'm 65 and I've seen more than few in my life time, but I can't see any these days they're all career politicians concentrating on their own ambitions, that's all Starmer did until he inevitably crashed and burned, Burnham will go down the same route, I guarantee it. |  | | |
| Has Burnham focussed yet on the National debt? on 07:25 - Sep 16 with 363 views | trampie |
Our tax money funds the lavish lifestyles of Government workers that are high up in Council's, NHS, police and teaching, we can't afford their salaries or gold plated pensions, pensioner's are on poor money and need to be paid more. |  |
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| Has Burnham focussed yet on the National debt? on 12:35 - Sep 22 with 209 views | JACKMANANDBOY |
Rumours that Burnham is going to hike CGT.
Problem 1per cent of CGT payers account for about 5O percent of CGT paid. These are the guys who can find their way around CGT or defer gains. | |
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| Has Burnham focussed yet on the National debt? on 15:16 - Sep 22 with 172 views | ReslovenSwan1 |
| Has Burnham focussed yet on the National debt? on 07:25 - Sep 16 by trampie |
Our tax money funds the lavish lifestyles of Government workers that are high up in Council's, NHS, police and teaching, we can't afford their salaries or gold plated pensions, pensioner's are on poor money and need to be paid more. |
Pensioners has plenty of time to save and build up pension pots. £100pcm for 40 years would do it. The £1000 pcm is more than enough.
It f you save nothing rely in the stat then fyoy should not expect a good lifestyle to be fully funded by the taxpayer . | |
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| Has Burnham focussed yet on the National debt? on 16:17 - Sep 22 with 128 views | trampie |
| Has Burnham focussed yet on the National debt? on 15:16 - Sep 22 by ReslovenSwan1 |
Pensioners has plenty of time to save and build up pension pots. £100pcm for 40 years would do it. The £1000 pcm is more than enough.
It f you save nothing rely in the stat then fyoy should not expect a good lifestyle to be fully funded by the taxpayer . |
Take a look at this video, 'pension tax relief favours high earners' https://share.google/6oXWQL4SJ | |
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| Has Burnham focussed yet on the National debt? on 19:34 - Sep 22 with 75 views | Gwyn737 |
| Has Burnham focussed yet on the National debt? on 15:16 - Sep 22 by ReslovenSwan1 |
Pensioners has plenty of time to save and build up pension pots. £100pcm for 40 years would do it. The £1000 pcm is more than enough.
It f you save nothing rely in the stat then fyoy should not expect a good lifestyle to be fully funded by the taxpayer . |
People refuse to see pensions as a benefit even though it takes up about half of the welfare bill. |  | | |
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| Has Burnham focussed yet on the National debt? on 20:33 - Sep 22 with 65 views | AnotherJohn |
| Has Burnham focussed yet on the National debt? on 19:34 - Sep 22 by Gwyn737 |
People refuse to see pensions as a benefit even though it takes up about half of the welfare bill. |
Isn't the distinction most people draw that between non-contributory benefits and contributory benefits, with the latter requiring beneficiaries to accumulate credits or make payments over many years to establish eligibility? | | | |
| Has Burnham focussed yet on the National debt? on 20:39 - Sep 22 with 58 views | JACKMANANDBOY |
| Has Burnham focussed yet on the National debt? on 20:33 - Sep 22 by AnotherJohn |
Isn't the distinction most people draw that between non-contributory benefits and contributory benefits, with the latter requiring beneficiaries to accumulate credits or make payments over many years to establish eligibility? |
Spot on. There's an enormous and obvious difference between decades of contributions as part of a contract and receiving benefits having contributed nothing. | |
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| Has Burnham focussed yet on the National debt? on 21:07 - Sep 22 with 44 views | Whiterockin |
| Has Burnham focussed yet on the National debt? on 19:34 - Sep 22 by Gwyn737 |
People refuse to see pensions as a benefit even though it takes up about half of the welfare bill. |
Do you pay tax on a benifit? |  | | |
| Has Burnham focussed yet on the National debt? on 21:16 - Sep 22 with 35 views | JACKMANANDBOY |
| Has Burnham focussed yet on the National debt? on 21:07 - Sep 22 by Whiterockin |
Do you pay tax on a benifit? |
A good point well made, 70 percent of OAPs pay income tax. They are still contributing.
OAPs contribute 30 billion pounds in UK tax. [Post edited 22 Sep 21:24]
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| Has Burnham focussed yet on the National debt? on 21:30 - Sep 22 with 19 views | Whiterockin |
| Has Burnham focussed yet on the National debt? on 21:16 - Sep 22 by JACKMANANDBOY |
A good point well made, 70 percent of OAPs pay income tax. They are still contributing.
OAPs contribute 30 billion pounds in UK tax. [Post edited 22 Sep 21:24]
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In April my tax code was adjusted on one of my pensions to collect the tax off my state pension, because the system currently can't collect tax from your state pension. If you paid NI before a certain date your pension is above the tax threshold. | | | |
| Has Burnham focussed yet on the National debt? on 21:42 - Sep 22 with 14 views | JACKMANANDBOY |
| Has Burnham focussed yet on the National debt? on 21:30 - Sep 22 by Whiterockin |
In April my tax code was adjusted on one of my pensions to collect the tax off my state pension, because the system currently can't collect tax from your state pension. If you paid NI before a certain date your pension is above the tax threshold. |
I've paid tax and NI since I was 18, I'll be paying tax until I die, because I've saved into a private pension, it's a fact of life I don't object to that what I do object to is patronising progressive types asking to rebalance the system so those who are capable of working and don't get more.
The morons don't realise that by paying people more in benefits than they can get by working will leads to a distortion of the system where less and less taxpayers fund people who do not contribute at all.
I know it's a Marxist route to equality where everyone has nothing but the dumb ass jerks can't see it. | |
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