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BRANDED 11:32 Wed Jul 8
Today's budget
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Its said to be a dramatic one.
Remove all in work benefits.
increase the minimum wage.
I guess the unions won't be unhappy on this one.
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Replies - Newest Posts First ( Show In Chronological Order)
Infidel
10:49 Fri Jul 10
Re: Today's budget
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A8
One Nation conservatism was a concept invented by Benjamin Disraeli, as I am sure you know.
You will be surprised to hear though that I once served as President of the Disraeli Society. My credentials as a One Nation Conservative are impeccable.
I oppose the minimum wage not because I want the children of the poor to go barefoot and malnourished but because I believe the minimum wage causes mass unemployment and misery for the poor.
As a target of Leftist abuse on here yourself you ought to be ashamed of yourself turning this into a 'who cares most about the poor?' argument with me.
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After8
9:55 Fri Jul 10
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It's not socialist, it's reasonable. It helps rebalance us away from a high welfare country.
The fact is you'd complain no matter what, you aren't a one nation conservative like I am, you probably think Thatcher was soft.
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Infidel
9:12 Fri Jul 10
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Comma
The loony left Greens wanted a hike in the minimum wage to £8.
The Socialist Party of GB wanted £8.50.
Osborne raised it to £9. NINE!
(Amusingly though the SP GB are now calling for it to be increased to £10. You have to laugh.)
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,
8:42 Fri Jul 10
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Let's get something clear, that this Budget is only "socialist" from the wide right perspective of Infidel.
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bobbymoore
8:00 Fri Jul 10
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Omm was hitting me hard last night
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Infidel
7:59 Fri Jul 10
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A8
Would you not agree that Osborne's budget is at the very least, a surprise for most Conservatives?
Tax increases. A massive hike in the minimum wage. Government enforcement of development,even against the wishes of local communities.
This is in fact a socialist budget.
Surely you, as a Conservative, were hoping for tax cuts, less regulation and a big cut in spending.
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After8
6:26 Fri Jul 10
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Yes we know you are.
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LAD
6:24 Fri Jul 10
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gay
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ooooh Morley Morley
6:24 Fri Jul 10
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I'm off the sauce this week handsome. Been hitting it hard lately.
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After8
6:22 Fri Jul 10
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I'm very calm beefcake and I hope you are enjoying a peroni somewhere.
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After8
6:20 Fri Jul 10
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http://www.livingwage.org.uk/living-wage-champion-awards-2014
And look here's other small businesses too able to cope to a living wage.
The obr have predicted 60,000 job losses from the introduction of the minimum wage so there is of course going to be job losses from this but the idea there's mass unemployment coming is overblown.
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After8
6:18 Fri Jul 10
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http://www.ft.com/intl/cms/s/0/3a9eaada-263f-11e5-9c4e-a775d2b173ca.html#axzz3fVI67eQa
I had a good look round for some quotes from people in the care industry and I saw the above which doesn't imply that the whole things about to close down and leave old people dying in the streets.
And then I looked around and found this. And what can it be you ask?
Why it's a care company with a similar number of people and look they're paying the living wage. Of course every company is different but this idea that somehow everyone's going to collapse is a little bit of shroud waving.
By becoming the first care provider in the country to offer the Living Wage to its staff Care in Hand are blazing a trail for all care workers in Wales! Carers are some of the lowest-paid employees in the Welsh workforce.
Care in Hand was formed 10 years ago and is now the largest provider of home care in Pembrokeshire, employing over 180 people. They strive to offer high quality care to their clients and recognise that achieving this is only possible if carers feel valued and supported.
They have always stepped beyond the norm of the care sector in looking after carers. They encourage and support all of our carers to pass their QCF Health and Social Care Diplomas, and they provide holiday pay and pay for travelling time.
As part of their ongoing commitment to their Carers, they wanted to do something special and lasting to mark their 10th Anniversary. After researching the Living Wage, they decided that joining the Foundation was an excellent way to make a clear public commitment to the benefits their carers will receive.
They marked accreditation with a buffet lunch for carers at their Quarterly Staff Award and the Living Wage logo is now part of all current marketing material. They promoted the news through social media, local newspapers and we also made their MP, local Councillors and members of the Welsh Government Health & Social Care Committee aware of their accreditation.
Allison Saunders, Care Coordinator, Care in Hand, said:
Without any doubt our carers appreciate the extra money in their pay, it gives them peace of mind at the end of each month that they can pay their bills and so on. At Care In Hand we expect high standards of care provision and believe that every client deserves nothing less than excellent service provision, the living wage gives us the opportunity to show our gratitude to our staff for the provision of such high standards and Makes them feel valued for the hard work they do.
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After8
6:06 Fri Jul 10
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A couple of points on Italian Johns latest cut and paste (who does that remind you of?)
1. I proved recently to him that the conservatives in 07 and 08 consistently pointed out that the government was spending too much.
2. I pointed out in the 05 election we proposed spending 30 billion less and were slammed for heartless Tory cuts
3. It is hypocritical of labour supporters to complain there is a national debt when they have oppose every single cut. You cannot borrow more to get yourself out of debt.
4. I see France is mentioned. Is that the same France that went into recession after a socialist got in? Is that the same France that brought in massive tax hikes on the wealthy and then saw them leave reducing the overall tax take? Is that the same France with higher unemployment.
It is a fact that Yorkshire created more jobs than France.
And finall, on tax credits.
Tax credits were supposed to help people in real need. They now cost over 30 billion pounds a year.
That is more than we spend on the police, indeed it's more than we spend on the whole home office or on transport or on housing.
It is unstainable.
There is no tax out there that you can magic up which will cover the cost of 30 billion pounds of welfare payments. The only way to reduce the deficit is to included a reduction in welfare payments.
Government spending will be going back to the same level it was in 2000/2001 are we seriously suggesting that wasn't enough money because I distinctly remember labour winning in a landslide election.
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After8
5:57 Fri Jul 10
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J.Riddle 4:23 Fri Jul 10
Re: Today's budget
There has been some very serious Taxation come in recently.
That's a fair point. I don't think a lot of people realise this budget actually raises taxes overall, albeit on a targeted basis.
We've got the left bitching about the bankers but I bet none of them realise the banks are paying more in tax than under labour and I bet none of them know Osborne just hit them on Wednesday with another tax on their profits.
They moan about the rich but it's a fundamental fact that the tax take from the top has increased. In fact we need to be very careful we don't continue to hit the rich because there is a breaking point.
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After8
5:54 Fri Jul 10
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Look you're twisting what's going on. For the avoidance of any doubt this is what the employment allowance will do.
12. The Employment Allowance will increase by a further £1,000 to £3,000
Businesses will have their employer National Insurance bill cut by another £1,000 from April 2016, as the Employment Allowance rises from £2,000 to £3,000. The Employment Allowance gives businesses and charities a cut in the employer National Insurance they pay.
This means, next year, businesses will be able to employ 4 people full time on the National Living Wage and pay no National Insurance at all.
That's it. End of discussion.
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J.Riddle
4:23 Fri Jul 10
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There has been some very serious Taxation come in recently.
Stamp duty on higher priced property, a property slow down is already taking place.
Buy to let investors who pay the high rate of tax will no longer be able to claim this against their mortgage interest, instead they will only be able to reclaim the lower rate. Expect a flood of buy to let property on the market, the market can only go one way when this happens.
Dividend tax at a much higher rate, expect many to sell up their businesses.
Business Rates no change? See above.
Non Doms who have been in the UK for over 15 years will have to pay UK tax for the first time since 1918 and their children will no longer inherit the status if born in the UK, they will also have to now pay inheritance tax. They do employ a team of people to look after their homes when away, pay other tax such as paye and vat on high spending while in the UK, expect an exodus.
UK investment Visa requirements have changed recently also. A wealthy foreign individual including Russians, Chinese, Indians, Arabs etc could obtain one a few years ago with a £1m investment in a property. Now that has changed a £2m investment is required and it can not be invested in property.
The government is doing an excellent job of killing the goose...
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Italian John
3:58 Fri Jul 10
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George Osborne should be regarded as one of the worst chancellors in modern British history. When the Tories came to power in 2010, Osborne choked off the then gathering economic recovery with an emergency austerity budget. Indeed, the “recovery” under his “long-term economic plan” is the most sluggish since the 19th century.
GDP per capita remains lower than before Lehman Brothers imploded. Not since the Victorian era have workers’ pay packets flatlined for as long as they have under Osborne.
He promised to eliminate the deficit over the course of a single parliament, but didn’t manage half of it, which was what he ridiculed Labour for offering in 2010. His government pledged to start paying off the country’s debts, but he added more than every single Labour chancellor in history put together.
Under his chancellorship, productivity has stagnated disastrously. In much-derided France, productivity is 27% higher. How can this record be regarded as anything other than dire?
But it isn’t seen like this at all. Osborne is now in his pomp, presented – admittedly by a largely supine media – as a man vindicated who took difficult decisions in the face of adversity, decisions that have been proved correct. Yes, his transformation has been aided by a disastrously ineffective opposition, but Osborne is a genius at politics – and the left has to learn from him.
Take this week’s budget. It has been the argument of many on the left – myself included – that in-work benefits are subsidising poverty pay in our low-pay country, where at least half of those in poverty are in work.
By introducing a living wage, we argued, we would save considerable amounts of taxpayers’ money: when a low-paid worker’s pay packet increases, the amount they receive in tax credits automatically reduces.
But Osborne has subverted this argument ingeniously. He raised the minimum wage – yes, a vindication for campaigners – but to a level that will not be a living wage at all. But when the left makes this point, we simply look like we are quibbling. Labour offered £8 an hour by 2020, which was derisory (as many of us pointed out at the time ), and now you’re kicking off because £9 an hour by 2020 doesn’t quite meet the technical specifics of a “living wage”!
And then he imposes an eyewatering attack on in-work benefits, appropriating the left’s argument against corporate subsidies as he does so, leaving millions of low-paid workers far worse off.
But Osborne’s opponents are forced to deploy a morass of statistics to demonstrate how, in fact, despite the welcome increase in the minimum wage, the hammering of in-work benefits will drive millions of workers further into hardship. It is a complicated argument to make, leaving Osborne able to hide one of the biggest attacks on low-paid workers in a generation behind a much trumpeted “living wage”.
Just look at Osborne’s record. He backed every single penny of Labour’s spending until the end of 2008 yet now presents Labour’s “overspending” as the cause of Britain’s economic plight. He wrong-footed Gordon Brown in 2007 by promising a cut in inheritance tax that would benefit only the top 6% or so of estates – again, a tough rebuttal to make. After easing up on austerity, which had simply sucked growth out of the British economy, sustained weak growth returned – but any growth looked like a triumph after prolonged stagnation.
Above all else, Osborne forces his opponents into a defensive posture. That’s where the left all too often fails. I note the Greens are proposing the abolition of inheritance tax and the introduction instead of a tax levied according to the wealth of the recipient, not the estate of the person who has died. That’s an example of how, Osborne-like, the left can go on the offensive.
Until we do, look in awe: Osborne is a magician. He turns myths into common sense. He spins policies that benefit the richest into rewards for aspiration. He transforms his disastrous record into success. It’s a story of triumphant failure.
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Darlo Debs
12:05 Fri Jul 10
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Or Mr Bumble should I say.
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Darlo Debs
12:04 Fri Jul 10
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Branded this is to be celebrated....we finally agree on something :-)
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BRANDED
11:59 Fri Jul 10
Re: Today's budget
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The problem is as you rightly put it all about money. How much of it there is, who makes it and who gets it. The poor want more. The tax payers want to pay less. The rich seem to want more. The middle classes worry about it all the time.
I personally think the big problem we have is massively over inflated property prices. This seems to knock onto everything else.
The government seems to encourage this putting everybody into more and more debt.
Even the people who own their houses with no debt seem to worry about what they can or can't afford.
Its a fucking nonsense.
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