Budget 2010

[The Shaggy D.A.]

The drivel's going to start in a bit, what wonders do you think they'll throw in to try and convince voters to stay with Labour? Or will they put so much shit in place that the Tories will look like the bad guys in a year's time?

https://www.direct.gov.uk/en/Nl1/Newsroom/Budget/Budget2010/DG_186500
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[Itchy]

Usual BS, fiscal drag (i.e. personal allowances will not increase in line with inflation). i.e. a disguised tax hike.

Beer + cigs up

Fuel up

He is going to say :

hardworking families at least 45 times
Started in America at least 30 times
World wide at least 20 times

Unfortunately for them the price elasticity constraints of everything have hit the buffers, which means that the more they stick the price up the less tax take they will actually get. I think I wrote something in 2008 about this that if you include EVERY single possible benefit you can claim all jobs under 18K were not worth doing.


Oh and I reckon he will make noises about printing money again as nobody wants our bonds.
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Spain 2008France 2007Big one 2009 We all die. The goal isn't to live forever, the goal is to create something that will. In the end, your life will flash before your eyes. Make sure it is worth watching.

[Kickstart]

[GhostRider]

The only thing I know about the budget is that it is that time of year when some smug cunt will hold up a briefcase and smile the devils smile, knowing that it's contents fall under the heading of "Ways in which to rape you further of your money".

GhostRider
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[Itchy]

[D O G]

What a load of crap, no real substance, just a lot of wind about giving from the rich to the poor (I'm paraphrasing here).

[Itchy]

[D O G]

That wasn't the message he put out. Not one bit.

[smegballs]

Oh the government gives a lot to the poor, the non-working poor at least.

While the rich stay rich and the scum stay scum, it seems the working man pays for it all.....

An unsustainable system that will no doubt fail before too long.

[Phoenix]

No amazing revelations as suspected, he's not going to rock the boat much before an election, problem is he may aswell have as they're stupid if they think they're going to win so what's the point in clinging on anymore.


Regarding giving from the poor to the rich, check out the new feed-in tariffs for people with 20 grand or so to spend on solar or wind power for their homes. They will be paid well over the odds for supplying surplus electricity back to the grid by every energy bill payer in the country so that they can make their money back quickly on their investment. So we'll all be paying even more for electricity so some rich arse can improve his pad and make some savings on his bills and eventually get a nice extra income.

[smegballs]

[Kickstart]

Hi

Ouch, just looked at the figures for the feed in tariff:-

Third Tab Down

A garunteed up to 41p a unit. Bill sat here shows my normal daytime units are 15.96p a unit and night units are 5.19p a unit. So during the day people will be paid 41p for a unit of electric that will be sold on for 15.96p, a loss of ~25p a unit before even taking into account supply costs, billings costs, customer registration costs, etc.

All the best

Keith
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[Robby]

My parents are looking forward to feed-in tarriffs.

They have a big house in the country, with oil fired central heating. It costs a hideous amount to run, with heating kerosene over 50p/litre.

With a feed-in tarriff they can get a grant towards a wood-fired boiler, and then get money each year to pay for the wood. They have space to coppice some willow or other fast-growing wood, or they can buy it in.

It'll definately be cheaper than oil, but not as convenient.

[smegballs]

[pa_broon74]

The government can afford to make lofty promises re. this feed in tariff because in reality, it'll never happen. It's just a positive soundbite that looks good for the green elements, nothing more.

I wasn't expecting much with an election coming soon. I worry that they'll actually cling on to power though, the tories aren't exactly blowing many skirts up with their chat.

Only thing of note was the tax hike on Cider, the SNP have been championing Minimum Drink Pricing up here (which I think is a load shit, more state control; just what we need.) Labour don't like it either, it seems Darling has dealt the SNP a bit of a slap on behalf of Scottish Labour.


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Didn't catch anything.

[Ste]

The reasoning behind Labours cider tax is pretty obvious; there are lots of cider brewing businesses in the west country which is an area where Labour have very few seats.

Bank accounts for all is an equally stupid idea. If someone can't get a bank account then there's a reason why the banks won't let them. If those people have to be allowed to have accounts then that's something the rest of the country will pay for.

Freezing tax bands is a subtle way of raising taxes that lots of people don't notice.

[pa_broon74]

All sorts of theories about why they want more people to have bank accounts flying around. The main one being, cash is hard to trace, where-as if most transactions are electronic they can be audited and traced more easily.

Not sure I'd sign up to a conspiracy theory, but when you think about all the other laws they've brought in (control orders etc) it does make a sort of sense, well, to them anyway.


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Didn't catch anything.

[Phoenix]

[Itchy]

[Itchy]

[smegballs]

[Mudskipper]

[Itchy]

[Itchy]

[D O G]