Reply to: Budget 2012

[original PM]

Yeah I know it goes what I was trying to say was that we should not as a voting puplic stand for it.

I would like to see politicians putting forward good idea's and plans and in doing that they would show the weakness of the opposition.

Simply picking up other peoples faults and not offering anything better yourself is pointless and does not mean you will do any better.

Any besides Milliband is a complete and utter tw@

[d000hg]

I do not want some weasly fu<ker trying to score points like its a fooking playground game running this country.

It is very easy to sit and be a smarmy tw@ and point out other peoples failings and errors.

So basically what you're saying is you've never watched what happens in the Commons before? This is how the game is played... hence Osborne's quip about GB selling gold.

[BigTime]

Boomed!

According to the BBC calculator, I'll be £29.50 better off

[TimberWolf]

Is there any demographic group left that will vote for the Con/Libs next time, or will vote for any other party for that matter, apart from bankers and immigrants?

[Zoiderman]

I agree with Atw, they do vote and will be vocal about this, but I still think it was right to do this.

The gradual increase in the allowance for all, the aim of making taxes simple and the fact that we will probably look back on this era as being the best ever time to be a pensioner, so they can contribute to the pot. Pensioners of the future are going to have a much tougher time.

They seemed to enjoy the boom years without too much complaint, and some would argue it is this crop of people who have benefitted the most out of the housing boom. So I don't really feel that bad for them. My GMiL died last year, selling up a house she paid peanuts for, for 740k. Healthy pension, and was a senior civil service worker.

I can't see many being the same in 30-40 years.

[Waldorf]

Quite clever increasing taxes on Pensioners - they have no real power and sephologists would suggest large numbers are "hit us again" Tories.

I agree with Atw, they do vote and will be vocal about this, but I still think it was right to do this.

The gradual increase in the allowance for all, the aim of making taxes simple and the fact that we will probably look back on this era as being the best ever time to be a pensioner, so they can contribute to the pot. Pensioners of the future are going to have a much tougher time.

[AtW]

Quite clever increasing taxes on Pensioners - they have no real power and sephologists would suggest large numbers are "hit us again" Tories.

They do actually - they vote more regularly, if you have problem with pensions being taxed go talk to Brown who robbed pension system by imposing tax on dividends received by pension funds.

[Peoplesoft bloke]

Quite clever increasing taxes on Pensioners - they have no real power and sephologists would suggest large numbers are "hit us again" Tories.

[lilelvis2000]

WHS

Osborne has conclusively proved that 50% tax band does not bring as much revenue and in fact can be very negative but he will only cut it next year

It only makes sense from one point of view - everybody in that band who can possibly defer income until next year would do so and Osborne next year will be able to show how much worse 50% tax collection was yet again to justify further moves, possibly to 40% in fifty years.

Yeah C4 reported that £18bn was moved forward to escape the tax increase. and no doubt will move £6bn to next year to escape the rest. had they let it stay on for a few years we've know more.

Overall a crap budget for the average person. a few pence given in one hand, a few pounds taken in the other hand. And high inflation created by the printing of money. What a wonderful place the UK have become.

[AtW]

Beatings will continue until you pay us more tax

WHS

Osborne has conclusively proved that 50% tax band does not bring as much revenue and in fact can be very negative but he will only cut it next year

It only makes sense from one point of view - everybody in that band who can possibly defer income until next year would do so and Osborne next year will be able to show how much worse 50% tax collection was yet again to justify further moves, possibly to 40% in fifty years.

[amcdonald]

Dear Lazy Web, I can't be arse reading the whole thread, whats the key points for us please

Beatings will continue until you pay us more tax

[oscarose]

Dear Lazy Web, I can't be arse reading the whole thread, whats the key points for us please

See posts 3&6.

[DimPrawn]

Dear Lazy Web, I can't be arse reading the whole thread, whats the key points for us please

It's all a load of dull

HTH BIDI

[SimonMac]

Dear Lazy Web, I can't be arse reading the whole thread, whats the key points for us please

[TimberWolf]

Independent Office for Budget Responsibility (OBR) revises up UK growth forecast for 2012 to 0.8% - from 0.7%.

Near enough zero then, and last year had been forecast to be 2 or 3%?

Forecast for 2013 is 2%, for 2014 is 2.7%, and in each of the two years after that 3%.

Heard that one before.

Eurozone growth forecast for this year revised down from 0.5% to -0.3%.

UK inflation forecast to fall from 2.8% this year to 1.9% next year.