Originally posted by SueEllen
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Cameron could extend tax credits ban to British expats to reach EU deal
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Originally posted by SueEllen View PostAnyway if you look at the welfare system figures it's pensions and housing benefit that make up most of the costs.Originally posted by NotAllThere View PostBut it suits the government to magnify the benefits issue, because then they don't have to take action on the real issues.Growing old is mandatory
Growing up is optionalComment
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Originally posted by scooterscot View PostWe don't really claim tax credits abroad. But I continue to find the PM actions irritating. Investment must be made instead of chasing pensioners in Spain.
The pettifogging over tax credits, just get on with it and remove them. Why are we compensating families of 2+ children with the extra income they don't have but need? Retrospective application is not fair of course, but the message for future families is unchanged. That surely has to stop. And that's just looking at savings.
Osbourne claims the economy is on a sound footing and rebounding under his chancellorship. Actually the towel stacker has bankrupted the country. We're bankrupt. Debt has doubled under the Tories and they're solution continues to shunt out cuts. The result? More debt.
In time the reset button will be pressed for us or we QE ourselves out of existence. Right now we have the luxury of saying when it'll be pressed and nothing more.
Did you notice the recent sell off of Chinese shares? Where did investors put their cash? Into currency. Swiss Franc, Euro, and Dollar. £ for 6th on the list!! The Euro almost gained 10 cents on the pound on the Chinese sell off. The reason given was the Euro was seen as a more flexible currency.
In a government scenario, revenue = taxation and increasing that is rarely popular, same with costs = benefits. If you make the right cuts and impose the right taxes to make profit >0 then you get re-elected.The greatest trick the devil ever pulled was convincing the world that he didn't existComment
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Originally posted by LondonManc View PostYou make a profit by increasing revenue or decreasing costs. If you can do both, great.
In a government scenario, revenue = taxation and increasing that is rarely popular, same with costs = benefits. If you make the right cuts and impose the right taxes to make profit >0 then you get re-elected.
While that is the case, we're sitting ducks to outside influences."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostThat's the theory. Using that theory it'll take us 100+ years to return debt to historical levels for as long as GDP remains at 90%+ and interest rates at 0%.
While that is the case, we're sitting ducks to outside influences.The greatest trick the devil ever pulled was convincing the world that he didn't existComment
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Originally posted by LondonManc View PostThe outside influences are, to an extent, controllable. We need to consider the social expenditure budget that keeps soaring as more and more people end up on benefits, pensions and other forms of social assistance. Not an ounce of Daily Fail in that, just simple truth based on the amount of spending on "social protection". No point having stringent tests on those you tax, if you don't have it on those you give to.
We need to up wages at the bottom end not pay the employers at the bottom end to pay substandard wages.
The payments should be for those in the UK just as the winter fuel pay should be.Always forgive your enemies; nothing annoys them so much.Comment
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Originally posted by vetran View PostMost sensible.
We need to up wages at the bottom end not pay the employers at the bottom end to pay substandard wages.
The payments should be for those in the UK just as the winter fuel pay should be.The greatest trick the devil ever pulled was convincing the world that he didn't existComment
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Originally posted by LondonManc View PostAgreed. That said, all plcs have an obligation to shareholders first, not the greater good of society, which is where the notion of improving society with fairer pay falls down every single time.Always forgive your enemies; nothing annoys them so much.Comment
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FTFY
Originally posted by LondonManc View PostThat said, all plcs have an obligation to directors and shareholders first, not the greater good of society, so feck the poor barstewards that have to do the actual work.The Chunt of Chunts.Comment
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Originally posted by vetran View PostBig business needs governing. That is what we pay MPs for.The greatest trick the devil ever pulled was convincing the world that he didn't existComment
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