Reply to: Cameron could extend tax credits ban to British expats to reach EU deal

[MrMarkyMark]

FTFY

So true, so true

[vetran]

Big business needs no controls whatsoever. That is why we voted the Tories back in. oh sorry we saw the alternative and took the only option open.

FTFY

[MrMarkyMark]

FTFY

Big business needs no controls whatsoever. That is why we voted the Tories back in.

[LondonManc]

Big business needs governing. That is what we pay MPs for.

You're thinking too logically here. The other part where it falls down is that the MPs need to understand that we elected them to do our bidding, not to serve themselves. More holes in that idea than in the Playboy Mansion.

[MrMarkyMark]

FTFY

That 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.

[vetran]

Agreed. 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.

Big business needs governing. That is what we pay MPs for.

[LondonManc]

Most 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.

Agreed. 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.

[vetran]

The 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.

Most 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.

[LondonManc]

That'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 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.

[scooterscot]

You 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.

That'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.

[LondonManc]

We 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.

You 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.

[Halo Jones]

Anyway if you look at the welfare system figures it's pensions and housing benefit that make up most of the costs.

But it suits the government to magnify the benefits issue, because then they don't have to take action on the real issues.

Indeed & anyone on disability benefits can expect to be treated as a low life faking skiver due to the Daily Fail & Government focus on them as the sole cause of every crisis

[PurpleGorilla]

It's not warm in the whole of Spain in winter.

Though again there is nothing wrong in changing the rules to state if you are not living in the UK you don't get them by simply pointing out they are for people residing in the UK permanently.

Boomers [emoji35]

[SueEllen]

The Tories in the House of Commons tried to remove them but the Labour and Liberal peers in the House of Lords stopped them.

If Labour wanted to have any chance of getting into government they shot themselves the foot by not getting their non-elected peers to not turn up.

[scooterscot]

We 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.