Boris boost for Pensions, cuts to Tax and Stamp Duty..

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parchedpeas
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Re: Boris boost for Pensions, cuts to Tax and Stamp Duty..

Post by parchedpeas » Mon Dec 16, 2019 11:13 am

Changes WERE made the day after the result, by the Bank of England. Those changes mitigated some of the effects, and the pretty close deal Theresa May negotiated mitigated others.

The real test will be in December when we're supposed to leave onto an FTA. If, as everyone suggests, this will be bare-bones at best, then there will undoubtedly be problems for business and knock on effects for consumers.

Lots of this 'moving forwards' nonsense is just the same tin-eared response we've had from leaver voters for the last three years. Supporters of close ties with the EU may well have lost the vote, but the facts have not changed and will not change. I anticipate that Johnson will borrow like mad to get a sticking plaster put over the problem because his interest does not lie in the good of the country, he just wants his name attached to "success". Londoners know this only too well.
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Re: Boris boost for Pensions, cuts to Tax and Stamp Duty..

Post by Sarah » Mon Dec 16, 2019 1:33 pm

An impromptu budget always seemed an unlikely issue to swing votes. I understand Sajid Javid is planning to have one in February anyway.
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Re: Boris boost for Pensions, cuts to Tax and Stamp Duty..

Post by AAAlphaThunder » Mon Dec 16, 2019 2:01 pm

It's done, let's look to the future...
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Re: Boris boost for Pensions, cuts to Tax and Stamp Duty..

Post by Chadwick » Mon Dec 16, 2019 2:17 pm

AAAlphaThunder wrote:
Mon Dec 16, 2019 2:01 pm
It's done, let's look to the future...
We are.


There's a viral post doing the rounds on Facebook at the moment. I haven't got it to hand but the gist is this:

For 3.5 years, Remainers have said that leaving the EU is not in our best interests. Leave campaigners have claimed otherwise, and our electoral system has returned a resounding victory in support of Brexit.
Remain has lost the argument. It's now up to the leavers to deliver all the benefits they said would appear.


So, the proof will be in the pudding. There's nothing stopping Boris now. He can implement the Surrender Agreement that is worse than staying in - that's what the electorate want.

The question is, were remainers, the Bank of England, and every analysis including the government's, correct; Brexit will not deliver any benefit, and in fact will make us worse off, personally and nationally? Was Rees-Mogg right, when he said it would take 50 years before we get the Brexit-bonus?

Or were UKIP and the leavers right; there are good reasons for leaving the EU, and as soon as we exit we will start to reap the benefits?
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Re: Boris boost for Pensions, cuts to Tax and Stamp Duty..

Post by Sarah » Tue Dec 17, 2019 2:08 am

The upcoming years seem likely to be unremittingly awful, with practically unopposed right wing government and unabashed nationalism across all quarters of the UK. It may help preserve sanity to switch off politics and try to ignore it as much as possible; otherwise we may soon need to watch the news from behind the sofa.

This week Boris Johnson will test the new Speaker of the House of Commons by pushing against established procedures to timetable the first and second readings of the latest revised Withdrawal Agreement on the same day; not usually allowed, so that MPs can have sufficient time to review proposed legislation. He's also reported to be considering dropping commitments on workers rights and including a change that prevents transition arrangements extending beyond 2020; which unnecessarily ties his own hands if negotiations aren't going well, so that he's either forced to make whatever concessions necessary to strike a trade deal with the EU, or pivots to no deal.
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Re: Boris boost for Pensions, cuts to Tax and Stamp Duty..

Post by expressman33 » Tue Dec 17, 2019 9:10 am

parchedpeas wrote:
Mon Dec 16, 2019 9:49 am
merging tax and NI is sensible, but this is yet another tax cut in a country that needs investment in services.
It would be an increase in tax for high earners
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Re: Boris boost for Pensions, cuts to Tax and Stamp Duty..

Post by blythburgh » Tue Dec 17, 2019 10:16 am

expressman33 wrote:
Tue Dec 17, 2019 9:10 am
parchedpeas wrote:
Mon Dec 16, 2019 9:49 am
merging tax and NI is sensible, but this is yet another tax cut in a country that needs investment in services.
It would be an increase in tax for high earners
Well at least they can afford it unlike those on zero hour contracts who all too often end up at a food bank
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Re: Boris boost for Pensions, cuts to Tax and Stamp Duty..

Post by blythburgh » Tue Dec 17, 2019 10:18 am

planteria wrote:
Mon Dec 16, 2019 10:35 am
parchedpeas wrote:
Mon Dec 16, 2019 9:49 am
the facts behind 'project fear' have not changed. They were based on the governments own figures.
it's not even about facts, more about threats of an emergency budget within days, reductions to state pensions within weeks, no bread in the shops, no baby milk in the UK et al.. nonsense, which was seen as such.

anyway, we are moving forwards, and there are some interesting developments to come for working people.
We can only live in hope that the interesting developments will be to the advantage not to the disadvantage of the working people.

But it is all in the hands of our unelected leader, Dominic Cummins.
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Re: Boris boost for Pensions, cuts to Tax and Stamp Duty..

Post by AAAlphaThunder » Tue Dec 17, 2019 11:43 am

blythburgh wrote:
Tue Dec 17, 2019 10:18 am
planteria wrote:
Mon Dec 16, 2019 10:35 am
parchedpeas wrote:
Mon Dec 16, 2019 9:49 am
the facts behind 'project fear' have not changed. They were based on the governments own figures.
it's not even about facts, more about threats of an emergency budget within days, reductions to state pensions within weeks, no bread in the shops, no baby milk in the UK et al.. nonsense, which was seen as such.

anyway, we are moving forwards, and there are some interesting developments to come for working people.
We can only live in hope that the interesting developments will be to the advantage not to the disadvantage of the working people.

But it is all in the hands of our unelected leader, Dominic Cummins.
Didn't he do well.
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parchedpeas
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Re: Boris boost for Pensions, cuts to Tax and Stamp Duty..

Post by parchedpeas » Tue Dec 17, 2019 11:57 am

expressman33 wrote:
Tue Dec 17, 2019 9:10 am
parchedpeas wrote:
Mon Dec 16, 2019 9:49 am
merging tax and NI is sensible, but this is yet another tax cut in a country that needs investment in services.
It would be an increase in tax for high earners
No, what he is proposing now - raising NI contributions limit to £12,500 - is a tax cut for all workers. At a time when we need tax receipts.
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