Tax hikes

Graham_Devon

Heyman wrote: »

It's going to be a pretty fragile balancing act for this government!

That's why so far, all they have done is try and make it look all nice and rosy and pretend they are doing the best for us.

It's only out of pressure they are now talking of cuts.

Remember just before summer recess? Brown was telling us actually, instead of cutting, they were increasing investment? They were the investment party and the tory party were the cutting party. No no no, labour, and Rochdale who's dissapeared from here were ramping up the investments side.

They are still talking about the same figures. But those figures, which was "increased investments" back then, are being called cuts now. You'll no doubt remember the figures, the ones where actually he was cutting investment, but because the figures were higher, he said he was raising investment. In percetange terms, it was a cut.

How anyone can honestly go to the ballot box and vote this lot of spinning crooksters in again without feeling a sense of shame is beyond me.

kennyboy66_2

Graham_Devon wrote: »

You can't just freeze welfare payments, and public sector wages.

You need to keep up with inflation / other sectors.

It would not bein in the countries interests to freeze a whole sectors wages while the private sector carries on getting bonuses and rises. Firstly it wouldn't save all that much and secondly, tax revenues would fall even further and a bigger mess would be created, inclduing unrest, thirdly, other welfare payments would go up such as tax credits to keep these people on par with the private sector.

Are you Bob Crow of the Rail, Maritime and Transport Union ?

Got to keep those differentials up Brother Graham !

Graham_Devon

kennyboy66 wrote: »

Are you Bob Crow of the Rail, Maritime and Transport Union ?

Got to keep those differentials up Brother Graham !

Nope, but if thats a "counter argument" I'm happy with that

Thrugelmir

Graham_Devon wrote: »

You can't just freeze welfare payments, and public sector wages.

You need to keep up with inflation / other sectors.

It would not bein in the countries interests to freeze a whole sectors wages while the private sector carries on getting bonuses and rises. Firstly it wouldn't save all that much and secondly, tax revenues would fall even further and a bigger mess would be created, inclduing unrest, thirdly, other welfare payments would go up such as tax credits to keep these people on par with the private sector.

Which private sectors are getting rises?

Recently I conducted a review where all staff (including directors) took an 8% paycut. This years 3% incremental rise was cancelled. 6 members of staff were made redundant. This was in attempt to negate the downturn in profitability.

At the moment 2010's payroll budget is being frozen, as lending conditions are tight and unpredictable. With a rise in interest rates a certainty at some point. So the focus is on conserving cash and pay down both short term and long term debt.

Heyman_2

Graham_Devon wrote: »

They are still talking about the same figures. But those figures, which was "increased investments" back then, are being called cuts now. You'll no doubt remember the figures, the ones where actually he was cutting investment, but because the figures were higher, he said he was raising investment. In percetange terms, it was a cut.

How anyone can honestly go to the ballot box and vote this lot of spinning crooksters in again without feeling a sense of shame is beyond me.

I do remember Brown's '0% rise' - that was quite funny and did make him look like an idiot. Oh wait, he is an idiot. :rolleyes:

At the Ballot box it's a choice between him and Cameron's Millionaires Club - I'll be voting for Clegg and Compo I reckon, about time they had a crack of the whip!

mbga9pgf

Graham_Devon wrote: »

That's why so far, all they have done is try and make it look all nice and rosy and pretend they are doing the best for us.

It's only out of pressure they are now talking of cuts.

Remember just before summer recess? Brown was telling us actually, instead of cutting, they were increasing investment? They were the investment party and the tory party were the cutting party. No no no, labour, and Rochdale who's dissapeared from here were ramping up the investments side.

They are still talking about the same figures. But those figures, which was "increased investments" back then, are being called cuts now. You'll no doubt remember the figures, the ones where actually he was cutting investment, but because the figures were higher, he said he was raising investment. In percetange terms, it was a cut.

How anyone can honestly go to the ballot box and vote this lot of spinning crooksters in again without feeling a sense of shame is beyond me.

I dont agree I am afraid Graham. We all need to share the pain. And real inflation simply cant happen without widescale tax rises. All raising public sector pay (including benefits in this) would do is stoke inflation cronicly, and create a worse devide between Public and private sector. As a public servant, I cant see why I shouldnt have a 10% tax cut to help sort out this mess.

Old_Slaphead

Graham_Devon wrote: »

You can't just freeze welfare payments, and public sector wages.

Why ever not.

Many in private sector have had wage freezes/reductions for past 18 months and there's little prospect of any rises for the forseeable future.

Bonuses ???? What are they? It's a bonus to keep our job.

Public sector workers are living in a different world....check the RPI.....cost of living is reducing so why do they need inflation increases (to go with this years +2 or 3% payrises)

thriftybabe

chucky wrote: »

i sort of see what you're saying but the number of employed people has only reduced by around 2%. is that a huge loss - you'll say that they're going to need to get benefits but that isn't the point you're making.

what tax revenues are being hit more - corporate or personal.

corporate taxation reveneues will/has obviously got a battering - the investments banks especially left a big hole in tax revenues.

there are probably less higher tax earners too.

Our company has been hit with all these! Our tax bill is about £150k less than last year and we are only a small business!

CLAPTON

Graham_Devon wrote: »

You can't just freeze welfare payments, and public sector wages.

You need to keep up with inflation / other sectors.

It would not bein in the countries interests to freeze a whole sectors wages while the private sector carries on getting bonuses and rises. Firstly it wouldn't save all that much and secondly, tax revenues would fall even further and a bigger mess would be created, inclduing unrest, thirdly, other welfare payments would go up such as tax credits to keep these people on par with the private sector.

RPI is currently (August figure ) -1.3% (yes minus 1.3%) are you saying the public sector pay should match that?

leveller2911

I don't see why some benefits should be exempt from cuts.I know more and more self employed people who are giving up working 5-6 days a week and working 3 days and claiming more WTC,s.Now given the mess we are in if a sizeable minority are are "giving up the fight" then it just piles pressure on the rest of us.

It seems that those in charge have yet again "got away with murder".Not one MP,Minister or Bank boss has been made accountable for this mess...


"Its a !!!!!! sandwich and we all gotta take a bite"

I just lost my appetite ,so feel free to start without me....;)