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Con-Lib agreement on a £10k personal allowance for income tax?

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Comments

  • Optimist
    Optimist Posts: 4,557 Forumite
    Part of the Furniture
    ninky wrote: »
    is the 10k allowance for everyone or just people with kids?


    I believe the original lib/dem plan called for it to be for everyone
    "The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."

    Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)
  • ninky_2
    ninky_2 Posts: 5,872 Forumite
    StevieJ wrote: »
    That reminds me about a girl I know whose hubbie worked on the market, he bought one of those cheap football kits for the kid, the first time he went out in it he got a right ribbing off the other kids and ended up in tears icon9.gif You can't get away with anything these daysicon7.gif

    kind of makes you wonder what values the parents are instilling in those other kids that they feel it is so important. baby consumers in the making.
    Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves. - Lord Byron
  • ninky_2
    ninky_2 Posts: 5,872 Forumite
    Optimist wrote: »
    I believe the original lib/dem plan called for it to be for everyone


    be interesting to see if they keep to that then or do a rightwing 'rewarding marriage and family' type shift.
    Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves. - Lord Byron
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    StevieJ wrote: »
    That reminds me about a girl I know whose hubbie worked on the market, he bought one of those cheap football kits for the kid, the first time he went out in it he got a right ribbing off the other kids and ended up in tears icon9.gif You can't get away with anything these daysicon7.gif

    S0d him. He should be please he has got a football kit to start with. Perhaps he shouldbe grateful he got a kit in the first place?

    Kids better get used to this attitude. Things are going to change and I dont think designer labels and the newest football strip are going to be the norm.

    I wonder how long his old man had to work for to pay for that kit? I wonder howhe felt?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    mbga9pgf wrote: »
    I wonder how long his old man had to work for to pay for that kit? I wonder howhe felt?

    It is not the kid it is the peer pressure created by the advertising media.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ninky wrote: »
    kind of makes you wonder what values the parents are instilling in those other kids that they feel it is so important. baby consumers in the making.

    The trick is to buy one of those foreign kits where the kids don't quite know the detail icon7.gif Argentina is a good one.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    StevieJ wrote: »
    It is not the kid it is the peer pressure created by the advertising media.

    Tell him to grow a pair of balls and suck it up. First valuable lesson in life; ignore the Oiks, they wont be laughing when you go to study medicine when they are stacking shelves in Asda.
  • Optimist
    Optimist Posts: 4,557 Forumite
    Part of the Furniture
    ninky wrote: »
    be interesting to see if they keep to that then or do a rightwing 'rewarding marriage and family' type shift.

    I'm sure you will be the first one to give praise if they do keep to that !
    "The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."

    Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)
  • Mr_Mumble
    Mr_Mumble Posts: 1,758 Forumite
    FT economics editor doesn't think this is particularly feasible:
    the rumours are that the Conservatives have accepted the Liberal Democrats’ £17bn (more than 1 per cent of GDP) tax cut as part of the deal to secure cooperation in Parliament.

    What does the Treasury’s permanent secretary say. “Welcome chancellor. It is good to see your proposals to deal with the budget deficit, your new proposals for huge tax cuts, your insistence that public spending will form the vast majority of deficit reduction, your view that the growth forecasts of the last government were a little too strong and your plans to protect large parts of government spending from the chop. Please can I show you the dictionary definition of the words ‘inconsistent’ and ‘impossible’”.

    Of course Labour will get blamed for leaving a mess, but the worst thing a new coalition could do would be to fail to address it. Compared with yesterday, Britain might soon have a government, but it still does not have a credible fiscal consolidation plan, nor does it have much time.
    "The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    StevieJ wrote: »
    That reminds me about a girl I know whose hubbie worked on the market, he bought one of those cheap football kits for the kid, the first time he went out in it he got a right ribbing off the other kids and ended up in tears icon9.gif You can't get away with anything these daysicon7.gif
    To me that's a fault with society though.

    Everything is brand X this, brand Y now. We make it easy to isolate people because they can't afford what others have by brand identification.

    Thing is...I'm with mbg... on this in that I don't think you can ever fix the system by pushing money at the problem. There will always be that next deserving case which you miss.

    I consider myself more right of centre than left nowadays, yet I can see great value in providing people with the ability to get around the country cheaply and in safety by subsidising transport. I think people should be able to go and do sports like swimming extremely cheaply. To pay for this, I would be willing to accept that other things become more expensive.

    The way I see things panning out for me now is to pay ever more tax, and yet still have to sit on cramp trains which cost a kings ransom should you wish to get to another city in time for a meeting, god forbid.

    We seem to get the worst of both worlds.
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