clint van damme
Well-Known Member
Do what they've done in France and limit increase in gas prices to 4 percent.
Levy the energy companies with a windfall tax.
Reintroduce the 20 quid UB uplift.
There's loads the wank can do.
Do you want to discuss boring politics? (214 Viewers)
- Thread starter mrtrench
- Start date
Do what they've done in France and limit increase in gas prices to 4 percent.
Levy the energy companies with a windfall tax.
Reintroduce the 20 quid UB uplift.
There's loads the wank can do.
The wank ?!
Bit harsh. At least let him do his announcement first. Whatever peoples political persuasion I’m not sure many could complain about his actions during pandemic Agree about UB/UC. Forgot about that
Grendel
Well-Known Member
will the reduction in fuel duty?
Sky Blue Pete
Well-Known Member
Yeah to a gee greater extent
shmmeee
Well-Known Member
Not really. It brings petrol down to the price of about four weeks ago and isn’t exactly targeted. It’s a pretty crappy way of spending £5bn if you’re aim is to make life easier for those hardest hit. Saves the average low income family about £2/mo and 30% of the benefit goes to the richest 20%.
It is supposed to be a wider statement/mini budget though, not just focussed on cost of living, although appreciate that’s at forefront of peoples minds
Glad he’s raised NIC threshold to 12.5k.
I think the energy bills assistance is as previously advised when the new cap figure was confirmed earlier in the year ie council tax rebate and ‘loan’ reducing bills. I’d be shocked if further assistance doesn’t come in Autumn when they know what the new cap will be, assuming energy costs are still a major issue, which I guess they will be
Grendel
Well-Known Member
Why are you attempting rationale coherent arguments to these people? It’s just pointless
Philosoraptor
Well-Known Member
shmmeee
Well-Known Member
Is that why you’ve chosen not to present a rational or coherent argument in 66k posts so far?
skybluetony176
Well-Known Member
Not really as the government are earning on average 7p a litre on petrol and 9p a litre on diesel more than they were 12 months ago. The cut doesn’t outstrip the extra cost of VAT.
skybluetony176
Well-Known Member
It’s a cop out. He’s tried selling it as a brexit benefit when we all know the real benefit would be to scrap VAT on energy bills as touted in the referendum campaign. The people this helps is the people who can afford to get solar etc installed in the first place.
skybluetony176
Well-Known Member
Ted Heath with an instagram account.
Grendel
Well-Known Member
Thats a zinger. It must be so frustrating for you at General Election Time to fail time and time again.
Do better. D minus for that one Mr Councillor
Grendel
Well-Known Member
That is genuinely hilarious
shmmeee
Well-Known Member
Eh it was an open goal.
I’m…not a councillor?
Do you think this was a good budget for helping those struggling with the cost of living? Why do I, a higher rate tax payer, need a tax cut and the lowest paid get nothing?
Come on, share all that coherent rationalism with us. I can’t wait to hear it.
Or was that it? “Blue team wins lol”?
Philosoraptor
Well-Known Member
Still can't believe she tried to run as a candidate for a Labour MP in Coventry last General Election.
I’ve said before, in a sense fair play, it would’ve been the easiest thing to do and then make a big thing about it being a brexit benefit but they’ve chosen not to do it. I presume because this would’ve cut bills for plenty of people that can afford it so they’ve done weird council tax rebate thing instead
Grendel
Well-Known Member
Yes I remember you were bragging you'd entered high rate taxation fairly late in life and also that you started a thread like a true socialist trying to find ways to avoid it
According to Martin Lewis on the NI issue you'll now be paying more and anyone earning under £35,000 will be paying less.
Thoughts?
UC should’ve been bumped back up. The increase in NIC threshold will help lowest paid though
Edit - not sure anyone on higher income has received a tax cut overall. Higher rate thresholds have been frozen and increase in NIC
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D
Deleted member 5849
Guest
NI threshold raise good. Just need wages to keep pace with inflation now...
D
Deleted member 5849
Guest
Now's the time to renationalise energy companies btw - save them from themselves
Philosoraptor
Well-Known Member
Fully agree with this.
Philosoraptor
Well-Known Member
Was kind of amazing to see a energy firm go bust that was entirely funded by a local council.
shmmeee
Well-Known Member
The lowest paid don’t pay NIC in the first place, threshold increases disproportionately help the better off, as analysis has been showing since they started this in 2010.
If you want to help the poorest you do it through the benefits system, that’s what it’s there for. But Tories are ideologically opposed to the benefits system so will keep doing wasteful measures that are poorly targeted use of funds. The £20 uplift is almost the exact same cost as the NI threshold increase, but most of the benefit goes to richer households.
Same with raising NIC but cutting IT, it basically protects pensioners and those that earn their income outside of standard wages, again I’m sure it’s a complete coincidence these align with Tory voter demographics.
I’m not sure that’s responsible use of funds at the moment. Unless of course your aim isn’t to spend money to alleviate suffering but to give cash to your voters.
Philosoraptor
Well-Known Member
Apologies, half owned.
Council-backed energy firm Together Energy latest to go bust
Together Energy, which was backed by Warrington Borough Council, ceases trading due to high gas prices.
www.bbc.co.uk
skybluetony176
Well-Known Member
It’s irrelevant. The rise in the cost of living outstrips the gains.