So - Good Budget or Bad Budget?

[AtW]

I very much doubt we'd have seen Labour drop the tax from 50->45%.

Labour would keep borrowing or more like printing money to make up for lack of demand for low yield gilts.

It would have worked too but the price of loaf of bread would have been £1000+.

[Friday Blue]

I still think they could have done more with VAT cut and in return compensate by cutting housing benefit, especially for people who are "forced" to live in the most expensive part of london.

[Sysman]

There is a reason why everything is now announced in one year to follow the following year. It never used to that way but since computers have arrived it takes a year for the changes to be programmed.

I was doing payroll back in the 80s and early 90s. I think we had until something like June/July to implement Budget changes.

I suppose someone must have lobbied for more time since then.

[d000hg]

I still think they could have done more with VAT cut and in return compensate by cutting housing benefit, especially for people who are "forced" to live in the most expensive part of london.

They already made cuts to housing benefits in the last year or so.

[Friday Blue]

They already made cuts to housing benefits in the last year or so.

i still thikn they can go abit further. and also i think they need to bring back the old system where rent is paid directly to landlord instead of via dhss. it may cost the conucil abit more, but no where near as much as problematic down stream.

[d000hg]

In some cases they still do pay direct. However it was changed (partly at least) to help tenants learn about paying themselves, so they understand it's real money not a free house. As a landlord I would rather just get the money, but I can understand their logic.

[original PM]

Ok, just to get it into your nicotine addled brain. Your addiction can be cured. No-one is forcing you to continue your pitiful existence dependent on chemicals to distort your reality!

Oh and you smell.

seeing as obesity is a much bigger burden on the NHS than smoking when are we going to see lardy fu<kers being taxed more?

[Peoplesoft bloke]

Labour would keep borrowing or more like printing money to make up for lack of demand for low yield gilts.

It would have worked too but the price of loaf of bread would have been £1000+.

So under Labour, we'd have had even more QE you reckon?

[d000hg]

seeing as obesity is a much bigger burden on the NHS than smoking when are we going to see lardy fu<kers being taxed more?

Firstly, please provide a citation.

Secondly... I thought luxury foods were taxed more.

[amcdonald]

Firstly, please provide a citation.

Secondly... I thought luxury foods were taxed more.

Since when was a pasty a luxury item, not even to a knuckle dragging chav surely ?