The wrath of Osborne: Winners and losers

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DonDaddyD
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The wrath of Osborne: Winners and losers

Postby DonDaddyD » Wed Dec 05, 2012 14:30 pm

So its that time again, budget season! The penny snatcher, Osborne, has been allowed to speak again and some will be licking their wounds. I am, I have to say, surprised. I find myself looking at this key points of the Autumn statement and am struggling to find anything to call Osborne a c*nt. In fact, the cancellation of the 3p rise, raise in income tax threshold and 40% threshold (not that I am in it - I ain't giving you lot that) has me thinking whether i should shake his hand before punching him square in the face (for... er... being him).

http://www.bbc.co.uk/news/uk-politics-20606382

What say you? Thoughts? Comments? Abuse?
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JamesB5446
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Re: The wrath of Osborne: Winners and losers

Postby JamesB5446 » Wed Dec 05, 2012 14:34 pm

Shale gas. rubber.

cyclingprop
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Re: The wrath of Osborne: Winners and losers

Postby cyclingprop » Wed Dec 05, 2012 14:36 pm

The fact that you were automatically looking for reasons to call someone a c* tells me more about your personality in one post than many of your essays have in the past.
What do you mean you think 64cm is a big frame?

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Il Principe
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Re: The wrath of Osborne: Winners and losers

Postby Il Principe » Wed Dec 05, 2012 14:38 pm

Cancellation of the 3p rise annoys me. Govt already subsidies motorists enough as it is.

Paul E
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Re: The wrath of Osborne: Winners and losers

Postby Paul E » Wed Dec 05, 2012 14:42 pm

cyclingprop wrote:The fact that you were automatically looking for reasons to call someone a c* tells me more about your personality in one post than many of your essays have in the past.


Seconded
bartman100 wrote:The OP is a troll = moron
The OP actually believes this = moron

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TailWindHome
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Re: The wrath of Osborne: Winners and losers

Postby TailWindHome » Wed Dec 05, 2012 14:43 pm

I thought we had an unofficial 'no politics' pact.
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DonDaddyD
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Re: The wrath of Osborne: Winners and losers

Postby DonDaddyD » Wed Dec 05, 2012 14:45 pm

The Inheritance tax nil-rate increase is a moral win, if not a significant one.

Still, this could all be the feel good smokescreen for the next statement, which will be brutal and make the more economically deprived areas of London look like the landscape of Fallout 3 (that's a computer game, Gregs).
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TheStone
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Re: The wrath of Osborne: Winners and losers

Postby TheStone » Wed Dec 05, 2012 14:46 pm

He basically waffled for a while an announced nothing.
Balls was even worse than normal in reply, can't see him lasting much longer.

Basically, whichever govt is in power, the same things will happen. Too much tax (on those that bother paying) and too much spending (including way too much waste). There is no gilt market any more. The Bank of England has just printed the last few years like Zimbabwe.

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DonDaddyD
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Re: The wrath of Osborne: Winners and losers

Postby DonDaddyD » Wed Dec 05, 2012 14:47 pm

TailWindHome wrote:I thought we had an unofficial 'no politics' pact.

As the unofficial 'Bikeradar community lead' my first act was to make discussing politics A-OK.
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A true scalp is not only overtaking someone but leaving them stopped at a set of lights. As you, who have clearly beaten the lights, pummels nothing but the open air ahead. ~ 'DondaddyD'. Player of the Unspoken Game

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DonDaddyD
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Re: The wrath of Osborne: Winners and losers

Postby DonDaddyD » Wed Dec 05, 2012 14:50 pm

TheStone wrote:He basically waffled for a while an announced nothing.
Balls was even worse than normal in reply, can't see him lasting much longer.

Basically, whichever govt is in power, the same things will happen. Too much tax (on those that bother paying) and too much spending (including way too much waste). There is no gilt market any more. The Bank of England has just printed the last few years like Zimbabwe.

It begs the question, which party will adopt UKIP's (I said it here first) tax policy:

http://www.ukip.org/content/ukip-policies
At the last election we opted to merge 20% basic income tax with 11% national insurance to create a 31% flat tax on all earned incomes over £11,500. As a tax cut for all, with a higher threshold, it would also take the poorest paid out of income tax altogether.

It would also mean abolishing the existing 40% and 50% income tax brackets, the latter actually costing the economy rather than taking in revenue.


How it could be done: http://markwadsworth.blogspot.co.uk/201 ... olicy.html
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A true scalp is not only overtaking someone but leaving them stopped at a set of lights. As you, who have clearly beaten the lights, pummels nothing but the open air ahead. ~ 'DondaddyD'. Player of the Unspoken Game

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TheStone
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Re: The wrath of Osborne: Winners and losers

Postby TheStone » Wed Dec 05, 2012 14:59 pm

DonDaddyD wrote:
http://www.ukip.org/content/ukip-policies
At the last election we opted to merge 20% basic income tax with 11% national insurance to create a 31% flat tax on all earned incomes over £11,500. As a tax cut for all, with a higher threshold, it would also take the poorest paid out of income tax altogether.

It would also mean abolishing the existing 40% and 50% income tax brackets, the latter actually costing the economy rather than taking in revenue.



Flat tax can be done, but not at those figures. If you include ENI the lower rate is now 40% and the higher 49% (not including the 150k band).

And that's not taking into account the extra needed to make up the higher allowance, or reducing the deficit, or ever paying back any debt !!!!

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TailWindHome
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Re: The wrath of Osborne: Winners and losers

Postby TailWindHome » Wed Dec 05, 2012 15:02 pm

DonDaddyD wrote:
TailWindHome wrote:I thought we had an unofficial 'no politics' pact.

As the unofficial 'Bikeradar community lead' my first act was to make discussing politics A-OK.



RICK!

RICK!

DDD thinks he's the boss again.

Ban him!
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DonDaddyD
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Re: The wrath of Osborne: Winners and losers

Postby DonDaddyD » Wed Dec 05, 2012 15:03 pm

Paul E wrote:
cyclingprop wrote:The fact that you were automatically looking for reasons to call someone a c* tells me more about your personality in one post than many of your essays have in the past.


Seconded

The fact that both of you took that comment in complete seriousness tells me more about your being grumblebum-trolls than any of your other posts aimed at insulting me.
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A true scalp is not only overtaking someone but leaving them stopped at a set of lights. As you, who have clearly beaten the lights, pummels nothing but the open air ahead. ~ 'DondaddyD'. Player of the Unspoken Game

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Kieran_Burns
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Re: The wrath of Osborne: Winners and losers

Postby Kieran_Burns » Wed Dec 05, 2012 15:06 pm

DonDaddyD wrote:It begs the question, which party will adopt UKIP's (I said it here first) tax policy:

http://www.ukip.org/content/ukip-policies
At the last election we opted to merge 20% basic income tax with 11% national insurance to create a 31% flat tax on all earned incomes over £11,500. As a tax cut for all, with a higher threshold, it would also take the poorest paid out of income tax altogether.

It would also mean abolishing the existing 40% and 50% income tax brackets, the latter actually costing the economy rather than taking in revenue.


How it could be done: http://markwadsworth.blogspot.co.uk/201 ... olicy.html


CEP please.

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CiB
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Re: The wrath of Osborne: Winners and losers

Postby CiB » Wed Dec 05, 2012 15:07 pm

Changes you say? I won't hold my breath. For the many years that I've been at work (as opposed to school) budgets & chancellors have come & gone, and with monotonous regularity they tweak the tax on fuel, alcohol, cigarettes, VED, income tax, VAT occasionally and various other forms of revenue generation; we all sit in the pub in days gone by or in our bigger & bigger living rooms as time & years go by and allow us to do that, and not much changes. We still drink a bit too much, carry on pouring fuel into the cars, buying stuff and on the whole life goes on once the budget headlines have died down. I don't know anyone who's life has been hugely affected by changes as a result of any budget announcement. It's a bit of tinkering, it adjusts what the govt of the day needs to bring in, then we all tut or cheer and get on with things. Osbourne is no different from the rest. Except for Brown. He was a c**t.

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DonDaddyD
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Re: The wrath of Osborne: Winners and losers

Postby DonDaddyD » Wed Dec 05, 2012 15:08 pm

TheStone wrote:
DonDaddyD wrote:
http://www.ukip.org/content/ukip-policies
At the last election we opted to merge 20% basic income tax with 11% national insurance to create a 31% flat tax on all earned incomes over £11,500. As a tax cut for all, with a higher threshold, it would also take the poorest paid out of income tax altogether.

It would also mean abolishing the existing 40% and 50% income tax brackets, the latter actually costing the economy rather than taking in revenue.



Flat tax can be done, but not at those figures. If you include ENI the lower rate is now 40% and the higher 49% (not including the 150k band).

And that's not taking into account the extra needed to make up the higher allowance, or reducing the deficit, or ever paying back any debt !!!!

The fact that it could work has me thinking that one of the three major parties may take it up as a policy....
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A true scalp is not only overtaking someone but leaving them stopped at a set of lights. As you, who have clearly beaten the lights, pummels nothing but the open air ahead. ~ 'DondaddyD'. Player of the Unspoken Game

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rjsterry
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Re: The wrath of Osborne: Winners and losers

Postby rjsterry » Wed Dec 05, 2012 15:08 pm

DonDaddyD wrote:
TailWindHome wrote:I thought we had an unofficial 'no politics' pact.

As the unofficial 'Bikeradar community lead' my first act was to make discussing politics A-OK.


Much as I'd love to get involved, it'll lead to a lost afternoon. That, and some already seem to be using it is a platform for sniping, before we even get into the usual cyclical repetition of arguments and name calling a few pages in. I'm with TWH on this one.
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Rick Chasey
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Re: The wrath of Osborne: Winners and losers

Postby Rick Chasey » Wed Dec 05, 2012 15:10 pm

Didn't think this was a budget that announced anything significant at all.

The main thing is that what Osbourne predicted would happen to the deficit and growth hasn't, and, in an ideal world, we'd be able to objectively look at why.

I'm always happy for people to make predicitions. I'm even Ok with them being wrong if we look at why a) the prediction was made, b) why the prediction is wrong and c) what we can do to make it better/ not make the mistake again.

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rubertoe
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Re: The wrath of Osborne: Winners and losers

Postby rubertoe » Wed Dec 05, 2012 15:11 pm

CiB wrote:Changes you say? I won't hold my breath. For the many years that I've been at work (as opposed to school) budgets & chancellors have come & gone, and with monotonous regularity they tweak the tax on fuel, alcohol, cigarettes, VED, income tax, VAT occasionally and various other forms of revenue generation; we all sit in the pub in days gone by or in our bigger & bigger living rooms as time & years go by and allow us to do that, and not much changes. We still drink a bit too much, carry on pouring fuel into the cars, buying stuff and on the whole life goes on once the budget headlines have died down. I don't know anyone who's life has been hugely affected by changes as a result of any budget announcement. It's a bit of tinkering, it adjusts what the govt of the day needs to bring in, then we all tut or cheer and get on with things. Osbourne is no different from the rest. Except for Brown. He was a c**t.


This is it, it doesn't really make major differences we still have to pay tax and we will always have to .

the last bit is especially true.
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DonDaddyD
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Re: The wrath of Osborne: Winners and losers

Postby DonDaddyD » Wed Dec 05, 2012 15:13 pm

CiB wrote:Changes you say? I won't hold my breath. For the many years that I've been at work (as opposed to school) budgets & chancellors have come & gone, and with monotonous regularity they tweak the tax on fuel, alcohol, cigarettes, VED, income tax, VAT occasionally and various other forms of revenue generation; we all sit in the pub in days gone by or in our bigger & bigger living rooms as time & years go by and allow us to do that, and not much changes. We still drink a bit too much, carry on pouring fuel into the cars, buying stuff and on the whole life goes on once the budget headlines have died down. I don't know anyone who's life has been hugely affected by changes as a result of any budget announcement. It's a bit of tinkering, it adjusts what the govt of the day needs to bring in, then we all tut or cheer and get on with things. Osbourne is no different from the rest. Except for Brown. He was a c**t.
Though not really budget related:
http://en.wikipedia.org/wiki/Fuel_prote ... ed_Kingdom

Image


They (we) protested at a time that fuel was costing 80p a litre and would reach a pound. What fools we were, they were glorious days.
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A true scalp is not only overtaking someone but leaving them stopped at a set of lights. As you, who have clearly beaten the lights, pummels nothing but the open air ahead. ~ 'DondaddyD'. Player of the Unspoken Game


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