Rachel Reeves

[Willo]

Well, at least I can still whack £20k a year in a cash ISA cos I'm over 65. But the whole thing was a fiasco targeting all those folk who set their alarms every morning to do an honest day's work for the benefit of those on welfare who would undoubtedly think it was well fair.

We are 'In the same canoe' on this matter.

 

[rob1969]

"We must all contribute". says RR. Fair enough - but how much are those on benefit contributing?
All income - from whatever source (outside tax allowance and ISA interest) - should be subject to tax !
This shoud include any benefit that exceeds the personal allowance.
Crazy someone earning £15K pays income tax when someone receiving £15K benefit pays nothing

 

[ASCPFC]

I think people are failing to see the significance of not raising income tax thresholds for the lower paid. As I said earlier, that is effectively a pay cut, year on year. There becomes no incentive either to work more or be better at, or work if you're on benefits. Add in inflation and it's pretty significant. Some people will be significantly worse off. I tend to agree with Willo that this is taxing workers for the sake of welfare. Unemployment needs to be tackled. There has to be some kind of way of decreasing benefits over time whilst developing job schemes to deliver workers to sectors who need them. It doesn't seem as hard as successive governments are making it.

 

[Palace Old Geezer]

We are 'In the same canoe' on this matter.

Well, I'm glad we're not 'on the same twig'. The strain might be too much.

 

[Palace Old Geezer]

Cyclists should be taxed if only because the nearly 4000 seriously injured every year would be making a contribution to the NHS for their treatment.

A good point Teddy.

Cyclists often give the impression they have priority over other road users, they don't obey the highway code and ignore red lights so I would support a move for them to pay a road tax. They use our roads for free while other users, even EV drivers soon, have to pay a premium.

 

[chris123]

"We must all contribute". says RR. Fair enough - but how much are those on benefit contributing?
All income - from whatever source (outside tax allowance and ISA interest) - should be subject to tax !
This shoud include any benefit that exceeds the personal allowance.
Crazy someone earning £15K pays income tax when someone receiving £15K benefit pays nothing

I read the other day that someone on universal credit, housing, incapacity and pip paid more and was untaxed, than minimum wage which is taxed. I think it was 3 grand better off.

 

[Willo]

Well, I'm glad we're not 'on the same twig'. The strain might be too much.

🤣 🤣 👍

 

[beak]

Rachel Reeves promised last summer not to hike taxes. She broke her promise within 4 months, and her Jobs Tax has spiked unemployment and clobbered growth.
She then promised not to hike taxes again.
But over a year later Rachel Reeves has come back for even more with a further £26 Billion in taxes.

Last summer Labour came into office and spent billions. Wasteful green energy subsidies. Trade union payouts that didn’t stop strikes etc etc.They scrapped the Conservative plan to cut £12 billion off the welfare bill, allowing the cost of welfare to soar.
Keir Starmer was too weak to make tough decisions on public spending. It was patently clear that Labour would once again break their promises and come back for more.
Tax the working people to pay for the increase in welfare spending.
This was a 'Benefits' budget not a 'Growth' budget.

Are you really saying that the toytown Tories never broke an election pledge ,really ? I don't think that your multiplicity of P.M.s managed to keep one. No wonder you are unelectable.

 

[Willo]

Are you really saying that the toytown Tories never broke an election pledge ,really ? I don't think that your multiplicity of P.M.s managed to keep one. No wonder you are unelectable.

I am delighted you are admitting that your beloved Labour has broken election pledges.
'Whataboutery' is alive and well on HOL.
Deflection from the sheer lies by Labour politicians in order to get elected and their atrocious record in Government.

 

[eaglesdare]

Rachel Reeves promised last summer not to hike taxes. She broke her promise within 4 months, and her Jobs Tax has spiked unemployment and clobbered growth.
She then promised not to hike taxes again.
But over a year later Rachel Reeves has come back for even more with a further £26 Billion in taxes.

Last summer Labour came into office and spent billions. Wasteful green energy subsidies. Trade union payouts that didn’t stop strikes etc etc.They scrapped the Conservative plan to cut £12 billion off the welfare bill, allowing the cost of welfare to soar.
Keir Starmer was too weak to make tough decisions on public spending. It was patently clear that Labour would once again break their promises and come back for more.
Tax the working people to pay for the increase in welfare spending.
This was a 'Benefits' budget not a 'Growth' budget.

Rishi was right!

 

[Jacey]

Apart from those comfortable on Benefits,the hard working strivers, and pensioners who have worked hard and saved throughout their working lives,have been clobbered.
Starmer,though,is not effected as he can call up his chum,Ali, for financial assistance and handouts,at anytime!!

 

[the silurian]

FFS some people need to stop reading the Mail and get some sense of realism.

The country generates c£1 tr in tax receipts per year of which £100bn goes to service our debt. These figures were inherited by labour and were always going to be an impact, regardless of who was in power. Post covid and after 15 years of almost zero growth plus the damage of brexit the country was already paying record tax of c38% of all income so increasing it by £1 would be a new record.

Ultimately £20bn here or there is minor in the grand scheme of things.

This 'promise' is getting silly now - before the last election every day the press and the Tories hounded Labour until they made that commitment not to increase the main taxes and they are jumping on it now. The commitment was slightly vague - referring to the income tax band %, so there is an argument that as they have not been increased the pledge has been maintained.

The Tories also made it difficult by cutting NI twice before they left - the 2nd cut was not really affordable and was an election ploy - either get votes or leave a mess for Labour to sort out.

Whilst many don't like the 2 child benefit cap it's removal will take 450k kids out of poverty. Surely this is a good thing. The cost per family (and it is means tested) is c£4k per year - that's £80 a week. Hardly rewarding people to have too many kids.

Other than maybe the £2m mansion tax that will impact a low % the changes will be minimal for most people and potentially offset by lower utilities bills etc

4K per year, on top of all the other benefits they are getting, so much much more than 4k per year....its already been shown that some families will be 14k ayear better off....without working!

 

[becky]

Will child benefit affect universal credit?

I was in favour of increasing the cap to 3 or 4 children, but not unlimited and not for people who have just arrived here. There is no subtlety and therefore no sense to the changes.

The bottom line is that Reeves just increased taxes for millions and just gave the unemployed a pay rise.
She also increased the costs of running a business, the sum of which will be passed onto consumers and therefore further increase inflation.

I would add to that also not for children who are not domiciled in the UK with their parent(s), so that at least the benefit gets spent here rather than overseas.

 

[beak]

I am delighted you are admitting that your beloved Labour has broken election pledges.
'Whataboutery' is alive and well on HOL.
Deflection from the sheer lies by Labour politicians in order to get elected and their atrocious record in Government.

I will go further all parties break election manifesto pledges and the tories do it industrially.

 

[Willo]

I will go further all parties break election manifesto pledges and the tories do it industrially.

There is a significant difference between not being able to meet targets or pledges set out in a manifesto and making announcements and manifesto commitments which are subsequently totally reversed. IE TAXES !

 

[Teddy Eagle]

I will go further all parties break election manifesto pledges and the tories do it industrially.

At least there's still one functioning industry in the country.

 

[Spindle]

Employers NI just costs other people or keeps them out of work, fewer promotions, hiring, bonuses etc etc etc. It’s a stealth tax. Tbh I’d prefer a short term income tax rise…

You could say this about any tax. If tax rises aren't an answer, cut all taxes and make it a free for all. Problems solved.

 

[Spindle]

Be honest, how much is Brexit or the blocks on Brexit the reason for our problems?

Hundreds of billions in the decade since.

 

[Spindle]

How about when they cause damage to someone's car, or block up traffic because of their dedicated cycle lanes taking up road space, or ignore zebra crossings or red lights, go the wrong way up one way streets and injure someone crossing the road then zip off with no way of being identified?
There should be a test to ensure they at least understand what road signs mean.

Right, so not only should they pay for their own treatment for being run down but also now to repair the damage done to the vehicle that struck them. How dare they.
And making your lanes a bit narrower in order to protect themselves, can't have that.

Mental

 

[Teddy Eagle]

Right, so not only should they pay for their own treatment for being run down but also now to repair the damage done to the vehicle that struck them. How dare they.
And making your lanes a bit narrower in order to protect themselves, can't have that.

Mental

Don't sell yourself short. Your ideas are not at all that mental. But they should also be booted up the arse for taking children's toys onto the roads.