Everyone got their pots of vaseline ready today ? 
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Huge danger of tipping us into recession though? With increases in oil/ulitlities/food well in the system can the economy stand tax increaes?Originally posted by moorfield View PostEveryone got their pots of vaseline ready today ?
Still I guess interest rate can always be cut if the economy does go downhill enough to bring inflation down... -
Word is out that there is going to be a up the jacksey tax so the cost of vasseline is going to go through the roof.Originally posted by moorfield View PostEveryone got their pots of vaseline ready today ?Throw them to the lions - WC2 5.4Comment
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It will be the usual deal.
Low paid will pay a bit more tax but then a complex tax credits system will pay some of it back, albeit at a high cost and prone to mistakes.
The middle income group will be absolutely hammered.
The seriously wealthy will be left alone on grounds that they might "leave the country and take their wealth with them".
Standard New Lie social engineering.Comment
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Isn't it about that someone held Paul Daniels, Frank Bruno, Andrew Lloyd Webber and Jim Davison to their pre-election promises when they vowed that they would leave the country if Labour ever got in?Originally posted by DimPrawn View PostComment
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Yes I've got joggers nipple!Originally posted by moorfield View PostEveryone got their pots of vaseline ready today ?
I would have voted for them if I'd knownOriginally posted by TheFaQQer View Post
Last time the low paid got hammered with the removal of the 10% rateOriginally posted by DimPrawn View PostLast edited by Bagpuss; 12 March 2008, 11:17.The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”Comment
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People earning 6 to 15k would be slightly worse off (max ~£150 year) because of the removal of the 10% band, but there were plenty of tax credit raises to offset this.Originally posted by Bagpuss View Post
People on 39k plus are worse off (~£500) because of the huge increase of the upper NI threshold
People inbetween are slightly better off because of the decrease in normal tax rate from 22 to 20%It's about time I changed this sig...Comment
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even more so as vaseline is oil-based - You're better off buying a big tub of KYOriginally posted by wc2 View Post
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The British economy will continue to grow, he said. "This Budget is about equipping Britain for the times ahead...about building a fairer society," he said.
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