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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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Darlo Debs
11:58 Fri Jul 10
Re: Today's budget
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I dunno....always fun to witness a swearing rant.
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Northern Sold
11:53 Fri Jul 10
Re: Today's budget
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Found it....
"All animals are equal, but some animals are more equal than others".
Mr Orwell sums it all up better in one para' than I could do in a 5000 word swearing rant...
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Darlo Debs
11:48 Fri Jul 10
Re: Today's budget
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Best book ever
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Northern Sold
11:46 Fri Jul 10
Re: Today's budget
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Course they are Debs... we are all in this together... trying to think of that George Orwell quote about all Animals being equal??
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Darlo Debs
11:41 Fri Jul 10
Re: Today's budget
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I think.M.Ps are getting more than 1% though
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Northern Sold
11:33 Fri Jul 10
Re: Today's budget
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Tell you this 4 years of 1% pay rises has gone down like a lead balloon here... so Britain Deserves a Pay Rise eh....
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Darlo Debs
11:16 Fri Jul 10
Re: Today's budget
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Local governments won't or cannot especially up here where there budgets are being slashrd year on year.
I couldn't agree more about the time bomb of dementia, personally I think Osbourne and Cameron should be made to work in an EMI unit for a fortnight to see what the impact of this budget will really be.
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Spandex Sidney
11:04 Fri Jul 10
Re: Today's budget
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Plus A8, how does this fund an employer to employ 4 more staff?
Extra £1000 NIC benefit (It's been £2000 for the last 2 years anyway) to pay for 4 more staff:
£9 an hour x 35 hours a week x 4 staff = £65,520. Plus NIC and Holiday Pay (c.18%) gives a grand total of £77,313.60
How does £1000 cover £77,313.60 of costs?! And the man who thinks this adds up is running the country's finances?!
For the rest of these additional costs to come from the reduction in Corporation Tax then the company would need to make a profit of £3,815,680 a year?
How many small and medium business make nearly £4m net profit a year?
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Infidel
10:07 Fri Jul 10
Re: Today's budget
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A8
The small company Infidel is getting a tax break to hire 4 people on the living wage.
First, this is exactly the type of government subsidy for wages you have so vocally criticised. It's hypocritical foe you now to proclaim it as a triumph.
Secondly it reinforces how out of touch you are with struggling small businesses. I pointed out that legislating for a steep increase in their wage bill will cripple them. Your answer is that they should go out and hire four more people.
I know you are intelligent enough to understand this and not really sure why you are trying to defend the indefensible.
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Spandex Sidney
2:22 Fri Jul 10
Re: Today's budget
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Debs, you are right, but until local commissioners change the way they commission care then it won't. Wages account for 95% of our costs and 90% of our total income. There is no room for further increases unless Local Authorities start paying more. Many Care businesses pay minimum wage and no travel and they will probably go to the wall in the next 2 years or less, there's just no money in it. The government announcement will put more carers on the dole queue than it will give £9 an hour wages to.
After8, don't insult me by calling me a Labour (spit) supporter, I hate them as much as I hate your party. As I have told you before I hate professional, out of touch politicians and their minions, like you and George and you haven't disappointed me with this and how out of touch you really are.
The industry average for net profit is around 3%, we make 5% because we are well run and yet our net profit barely covers half the increased wage costs. There are around 5500 companies like mine in the Uk and probably employ at least 300,000+ people. If we are in this much danger then there are many that will go before us. But let's just say that even if those 300,000 people get put out of work and the government will pick up that welfare bill, entirely of their own making.
There will also be around £1.2 BILLION lost to the treasury in tax take from these companies to help pay the welfare bill for the 300,000 people now unnecessarily out of work.
Plus what about the c.1 MILLION mainly elderly, vulnerable people, many with dementia who will have no care? Does anyone in the Government REALLY know what a timebomb dementia is? You could stick them in care homes but hang on, they have all shut too because their finances are worst than ours.
So in your infinite political wisdom and guile, how to you explain this will help 'honest, hard working people' and reduce the welfare bill? If you think the buck stops at 60k then think again.
I can't wait to see further independent analysis on this abortion of a budget.
But don't you EVER call me a Labour supporter, I'm as likely to vote for them as I would for you idiots.
By all means, cut the wellfare bill but don't write cheques from someone else's bank account to pay for it.
I know you won't try to justify further because there simply is no justification for such carnage. I am proud that I have created something from nothing that now pays 159 mortgages and rent payments each month and well over half a million to the exchequer each year and when that is all lost and you have to pay for my staff to live as well as my clients to survive I hope you will be happy. The shortsightedness of this is truly breathtaking.
Very easy to spend someone elses money my friend, look at the auto enrollment pensions for that.
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After8
1:27 Fri Jul 10
Re: Today's budget
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Sure
First, you're a known Labour voter so you are biased for a start, you were coming on here in a gleeful mood predicting a Labour win.
So if you took off your anti conservative specs for a moment and debated rationally that would be good.
No one denies there will be job losses, indeed the OBR say 60,000 jobs will be lost.
http://www.independent.co.uk/news/business/news/budget-2015-live-osbornes-living-wage-will-leave-60000-job-cuts-says-obr-10375495.html
But as the Institute of Directors say "We should not understate the boldness of this move, and many businesses will have been taken by surprise, but the IoD accepts that after several years of slow wage rises, now is the time for companies to increase pay," he said.
I can't justify your individual circumstances, I am not in charge of your business but what I also can't justify is the government borrowing money to top up peoples pay.
The growth in tax credits has been unsustainable and something has to give and that is my point.
Now it sounds like you're about to close your business. There is nothing I can say or do to make it sound better for you. All I can do is point out my consistent statements for a number of years that the welfare bill is unsustainable.
The harsh truth is your employees have been subsided by the tax payers for far too long.
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Darlo Debs
1:17 Fri Jul 10
Re: Today's budget
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Spandex I assume you employ home care workers?
If your agency works like most then it would be helpful if we could just get a shift rate. I was out for 4 hours tonight but got paid for 3.5 hours as travel time is unpaid. Effectively this reduces our hourly rate. Agency office staff would not accept not getting paid for the hours they are in the office. (Sorry not having a go at you but this is a practice that needs to change).
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Spandex Sidney
1:04 Fri Jul 10
Re: Today's budget
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After*, as I have you, can you justify and explain how George Osborne giving me a grand towards an extra 370 grand in compulsory wage costs, which will put us out of business is good policy for the country when we will lay off 150 odd staff and onto benefits and in one swoop fill up the local hospital with our clients at 300 quid a NIGHT, EACH?
Please, go on, try to see if you can spin how my company going from a productive employers to being shut down and everyone out of work while 500 vulnerable people get thrown on the mercy of Social Services and the NHS is a good thing?
Oh, by the way, my company paid to the exchequer over £600,000 in PAYE, NIC and Corporation Tax last year. Which you won't be getting anymore.
Go on, I DARE you to put a coherent, sensible counter point to how this reflects traditional Conservative values and justify it to me and my staff and clients.
Go on, do it. I really want to hear it.
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After8
12:40 Fri Jul 10
Re: Today's budget
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The small company Infidel is getting a tax break to hire 4 people on the living wage.
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Spandex Sidney
12:29 Fri Jul 10
Re: Today's budget
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A8, are you thick about how companies work? I have my own company, I employ 159 people, I know this because payroll was done today. I have a health and social care business and as such 93% of our work is done for Local Authorities and the NHS and we do NOT set the price we get, it's take the contract or leave it. We have to as they control all the work.
Our lowest pay rate is £7.75 an hour, £1.25 over the minimum wage and we are the highest payers locally. We turnover about £4m a year and make about 5% net profit IF we are lucky, so about £200k.
in 5 years I need to uplift that £7.75 to £9.00 an hour, across about 250,000 hours of work a year, so that's going to cost us and EXTRA (with holiday pay and Employers NIC) c.£368,750 a YEAR!
And I need to pay this out of £200k of net profit?!
Oh hang on, Gideon has given me and extra £1000 of NIC toi play with, great, we are down to just £367,750 a year! Oh hang on the economic genius that he is has given me another 2% off my corporation tax, which of course is only levied on profits, which will save me another £4000 a year! Great, down to £363.750 now!
Oh hang on, I won't get the 4 grand, because by 2018 my business won't be making any profits so I won't have any corporation tax to pay so I won't get the 4 grand off it!!!!
Maybe I should ask the LA for more money? Well considering they have refused since 2009 because of their cuts from central government and limited availability to raise their own council tax income.
So about Dec 2018 I will close, put 150 people out of work and onto your central welfare bill but the really worrying part is the nearly 500 vulnerable, mainly frail elderly adults that will have no one to make sure they eat, take medication and hospitals can look after them instead for about 10 times the cost we do it for.
Your position and your party is a FUCKING JOKE. Don't debate business matters, you clearly know nothing about this like the rest of your party.
Yes, we'll pay you £9 an hour and they can fucking pay for it. Fucking Oxbridge idiots.
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Infidel
11:13 Thu Jul 9
Re: Today's budget
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A8
"Companies can afford a modest pay rise. We've cut their corporation tax significantly"
In case you haven't noticed, corporation tax is levied on profits. Therefore it is only paid by profitable companies.
What about the companies struggling to make ends meet? The small family businesses just about breaking even and trying to stay in business? They don't benefit from the corporation tax cut but they still have to give all their staff a pay rise because of this idiotic policy.
Like Osborne you are out of touch and have no idea how small and medium sized businesses actually work.
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Fifth Column
7:47 Thu Jul 9
Re: Today's budget
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A8 - if Corbyn is the equivalent of IDS, that is never going to happen
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HairyHammer
7:33 Thu Jul 9
Re: Today's budget
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The bullshit Budget screws the poor much more than the rich say's experts.
Congratulations Osbourne you are a lovely chancellor This country will be like America soon even those who try to work will lose out how can anyone accept that as a good budget, it is a shit shit Budget.
After8
I said It was a nothing budget and guess what the Experts agree with me.
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The Kronic
5:51 Thu Jul 9
Re: Today's budget
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After8 5:44
I wasn't including you Mr Sensitive.
As for Corbyn, he is of course unelectable, but he's at least there to show that not everyone connected to Labour is a wannabe Tory. The Left desperately need a young, charismatic leader who truly understands the working class,so as to sweep aside these mundane, SPAD New Labour tossers.
I've yet to see him/her.
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After8
5:46 Thu Jul 9
Re: Today's budget
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Labour have had their Hague (young inexperienced told the party what it wanted to hear)
Now they're due their IDS (unable to accept why they lost so think a more extreme version is required)
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