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December 6 2022 4.53pm

Fiscal event.

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View beak's Profile beak Flag croydon 24 Sep 22 9.38am Send a Private Message to beak Add beak as a friend

Apparently the word budget has been retired and re-named Fiscal events.We are at an all time borrowing record and people are facing a financial crisis. So what should a government do? Well, this lot have decided to further increase borrowing in order to cut taxes for the richest one per cent! The City was clearly unimpressed and U.K. shares nose dived as they have stoked up inflation,every economists public enemy number one. Labour do not need to kick the Tories as they are imploding.They are far too indoctrinated In monetarist policy to realise that genuine fiscal help for those in need has become the Countries priority.Watching the "Fiscal Event" yesterday had all the feel of a rambling suicide note. A very bad time to be a British subject.

Edited by beak (24 Sep 2022 10.02am)

 

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View cryrst's Profile cryrst Flag The garden of England 24 Sep 22 6.55pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by beak

Apparently the word budget has been retired and re-named Fiscal events.We are at an all time borrowing record and people are facing a financial crisis. So what should a government do? Well, this lot have decided to further increase borrowing in order to cut taxes for the richest one per cent! The City was clearly unimpressed and U.K. shares nose dived as they have stoked up inflation,every economists public enemy number one. Labour do not need to kick the Tories as they are imploding.They are far too indoctrinated In monetarist policy to realise that genuine fiscal help for those in need has become the Countries priority.Watching the "Fiscal Event" yesterday had all the feel of a rambling suicide note. A very bad time to be a British subject.

Edited by beak (24 Sep 2022 10.02am)

I thought all of us were getting a tax cut and a reduction in NI contributions.
Maybe I dreamt it !

 

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View beak's Profile beak Flag croydon 24 Sep 22 7.07pm Send a Private Message to beak Add beak as a friend

Originally posted by cryrst

I thought all of us were getting a tax cut and a reduction in NI contributions.
Maybe I dreamt it !

Hardly, one penny off of income tax and a cancellation of a proposed rise in National Insurance,which leaves us as we where. You obviously dreamt it. Not the standard of reply I expected D minus at best.

 

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View Henry of Peckham's Profile Henry of Peckham Flag Eton Mess 24 Sep 22 7.10pm Send a Private Message to Henry of Peckham Add Henry of Peckham as a friend

Originally posted by cryrst

I thought all of us were getting a tax cut and a reduction in NI contributions.
Maybe I dreamt it !

A pee in the pound from next April and the 1.25% surcharge from November. If you're a City broker or banker you get some extra Brucie Bonuses to help you with your fuel bills - write your own bonus cheque and you will only be taxed 19% on it not 45%.

 


Denial is not just a river in Egypt

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View Pierre's Profile Pierre Flag Purley 25 Sep 22 4.23pm Send a Private Message to Pierre Add Pierre as a friend

Originally posted by Henry of Peckham

A pee in the pound from next April and the 1.25% surcharge from November. If you're a City broker or banker you get some extra Brucie Bonuses to help you with your fuel bills - write your own bonus cheque and you will only be taxed 19% on it not 45%.

Not quite right as from 06.04.23 the tax rates will be
£12,571 - £50,270 19% tax.
£50,271 plus 40% tax.

45% tax rate will be abolished.

 

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View cryrst's Profile cryrst Flag The garden of England 25 Sep 22 4.47pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by beak

Hardly, one penny off of income tax and a cancellation of a proposed rise in National Insurance,which leaves us as we where. You obviously dreamt it. Not the standard of reply I expected D minus at best.

But did you think the NI rise was unfair and not affordable for all. If you did then your reply is also D minus. Plenty kicked right off including the liebour party but not one has stated that not implementing it is a good idea!
If it was so much money back then why is it not so much now?

 

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View cryrst's Profile cryrst Flag The garden of England 25 Sep 22 5.01pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by Henry of Peckham

A pee in the pound from next April and the 1.25% surcharge from November. If you're a City broker or banker you get some extra Brucie Bonuses to help you with your fuel bills - write your own bonus cheque and you will only be taxed 19% on it not 45%.

So go and work in the city as a banker or broker then. You did have a choice of career; if you picked the wrong one the blame doesn’t lie with the ones who chose the right one. Geez what do you want 99% tax so they are as bitter as some ! Btw what is 19% of a couple of million? Probably more than you will pay in your life but they pay it in one year. Who becomes a net taker first in retirement I wonder!

 

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