[Benjamin]

I actually think this is one of the best budgets to happen for a while. Everyone has been effected, and it is for the greater good. I'm glad the rich have not been hit harder like some want. Just because they earn more does not mean that the budget should penalise them more than the rest. It's not their fault England got into debt, just a few elitists fault. Also, as a smoker, I have no issue with the mass increase in price as I already cut down, this just gives me a reason to cut down further.

[Kizzy]

Originally Posted by ukturtle

I actually think this is one of the best budgets to happen for a while. Everyone has been effected, and it is for the greater good. I'm glad the rich have not been hit harder like some want. Just because they earn more does not mean that the budget should penalise them more than the rest. It's not their fault England got into debt, just a few elitists fault. Also, as a smoker, I have no issue with the mass increase in price as I already cut down, this just gives me a reason to cut down further.

Who wants that? Personally I don't want anyone to suffer from the outcome of the budget. It just seems strange to me that the country is in such a dire financial situation, how could the government relieve that? ...Tax, why then have they reduced the rate of tax for those earning over £150.000pa?
A 5% drop will cost the country millions and millions, where are they going to recover that money from?
Those on low very low incomes are fine with the rise in personal allowance, its those on a middle income earning over £35'000 pa I feel sorry for those on middle incomes 40% tax rate ....how can that be representative of a fair system...how is it proportional?

[Benjamin]

Originally Posted by kizzy

Who wants that?

Quite a lot of people.

[Kizzy]

Originally Posted by ukturtle

Quite a lot of people.

who? I bet theres more on middle incomes want their rate lowered...It should have stayed the same. My dads words keep coming back to me, tories look after their own...the rich.
I think he is right, no matter how many years have gone by between governments their changes always benefit the richest in society, and project a Laissez Faire approach to the poorest in society.

[Benjamin]

Originally Posted by kizzy

who?

Of course there are people who believe the rich should be hit harder. People on a low income for example. Not all of them, but quite a few. Would you like me to go into the street and find actual respondents for you?

[Kizzy]

Originally Posted by ukturtle

Of course there are people who believe the rich should be hit harder. People on a low income for example. Not all of them, but quite a few. Would you like me to go into the street and find actual respondents for you?

Again you ignore 99% of what i said... Yes go out into the street right now, ask everyone you meet if they think reducing the 50p rate was a good idea. Do you know many people who earn over £150,000?

[Benjamin]

Originally Posted by kizzy

Again you ignore 99% of what i said... Yes go out into the street right now, ask everyone you meet if they think reducing the 50p rate was a good idea. Do you know many people who earn over £150,000?

I'm choosing to ignore the rest of your post because I said some people want the rich hit harder, you asked who, I told you. There are clearly people who do want the rich hit harder, why you feel the need to question that when it's clear some people do.

As for the rest of your post I don't want to discuss it, I really don't have much else to say to you.

Originally Posted by ukturtle

Of course there are people who believe the rich should be hit harder. People on a low income for example. Not all of them, but quite a few. Would you like me to go into the street and find actual respondents for you?

It's not just people on low income, to be fair. Many people (including myself) believe in paying our fair share.

Warren Buffet is pushing for his taxes to be raised to help ease the burden in the US.

[Benjamin]

Originally Posted by Jesus.H.Christ

It's not just people on low income, to be fair. Many people (including myself) believe in paying our fair share.

Warren Buffet is pushing for his taxes to be raised to help ease the burden in the US.

Oh, I know. I was just giving her one example.

[CharlieO]

Originally Posted by kizzy

Who wants that? Personally I don't want anyone to suffer from the outcome of the budget. It just seems strange to me that the country is in such a dire financial situation, how could the government relieve that? ...Tax, why then have they reduced the rate of tax for those earning over £150.000pa?
A 5% drop will cost the country millions and millions, where are they going to recover that money from?
Those on low very low incomes are fine with the rise in personal allowance, its those on a middle income earning over £35'000 pa I feel sorry for those on middle incomes 40% tax rate ....how can that be representative of a fair system...how is it proportional?

The fact is that one group will always suffer more or benefit more than the other, one decision cannot effect everyone the exact same way otherwise we could be communist.
They will have reduced the rate of tax for the higher income groups because they have the means to dramatically increase spending and cause economic growth which will create more jobs in the future. The government are doing the best they can and it is just annoying when people feel they are targeted by the government when actually all the government is trying to do is fix it for everyone in the long run.

[Kizzy]

Originally Posted by CharlieO

The fact is that one group will always suffer more or benefit more than the other, one decision cannot effect everyone the exact same way otherwise we could be communist.
They will have reduced the rate of tax for the higher income groups because they have the means to dramatically increase spending and cause economic growth which will create more jobs in the future. The government are doing the best they can and it is just annoying when people feel they are targeted by the government when actually all the government is trying to do is fix it for everyone in the long run.

What! charlie for someone so young your views really scare me.
How about suggesting they reduce the 40% tax rate to 35%?.....Give them a bit more money to spend eh?

[CharlieO]

Originally Posted by kizzy

What! charlie for someone so young your views really scare me.
How about suggesting they reduce the 40% tax rate to 35%?.....Give them a bit more money to spend eh?

Why do they scare you?

They cannot reduce that tax rate because then we will go further into a fiscal deficit and end up like Greece and not be able to pay back our borrowing.
The people who make these decisions are incredibly qualified to do so and make the best possible decision for all. The people who complain just see a very narrow view of it and are often only concerned about the affect it has on them personally.

[Kizzy]

Originally Posted by CharlieO

Why do they scare you?

They cannot reduce that tax rate because then we will go further into a fiscal deficit and end up like Greece and not be able to pay back our borrowing.
The people who make these decisions are incredibly qualified to do so and make the best possible decision for all. The people who complain just see a very narrow view of it and are often only concerned about the affect it has on them personally.

Any reduction in tax rates is going to affect the economy, I am aware that they are qualified, however it is clear that it does not sit well with certain members of the coalition, why is that do you think,that it divides opinion?
They are educated and informed, therefore their view is not narrow.
I wonder too what the IFS thinks?
http://www.ifs.org.uk/projects/375

[MTVN]

Originally Posted by CharlieO

Why do they scare you?

They cannot reduce that tax rate because then we will go further into a fiscal deficit and end up like Greece and not be able to pay back our borrowing.
The people who make these decisions are incredibly qualified to do so and make the best possible decision for all. The people who complain just see a very narrow view of it and are often only concerned about the affect it has on them personally.

You think that will happen from reducing the top rate of tax from 50p to 45p?

[CharlieO]

Originally Posted by kizzy

Any reduction in tax rates is going to affect the economy, I am aware that they are qualified, however it is clear that it does not sit well with certain members of the coalition, why is that do you think,that it divides opinion?
They are educated and informed, therefore their view is not narrow.
I wonder too what the IFS thinks?
http://www.ifs.org.uk/projects/375

But the people who work for the government are more so and that is why they have that position. Lower income people tend to feel they are victims or are ignored by budget changes. This is not the case, they are bloody lucky to have what they have and really have no reason to complain.

Originally Posted by MTVN

You think that will happen from reducing the top rate of tax from 50p to 45p?

Not necessarily put them into deficit but it will indeed reduce the amount of tax revenue they receive and therefore could spiral into that.

[arista]

Originally Posted by ukturtle

I actually think this is one of the best budgets to happen for a while. Everyone has been effected, and it is for the greater good. I'm glad the rich have not been hit harder like some want. Just because they earn more does not mean that the budget should penalise them more than the rest. It's not their fault England got into debt, just a few elitists fault. Also, as a smoker, I have no issue with the mass increase in price as I already cut down, this just gives me a reason to cut down further.

Yes Clever Budget.

Feel The Force.