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Are you really £400 worse off a year if the govt is also borrowing £400 less each?

2

Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    and another 1p in January 2011 as Labour spread this years hike. plus 3p a litre duty for the following tax years.
    is that the one Labour spread to 2011 or is that the 1p that the tories/lib dems decided to keep as it suited their agenda?
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Apart from VAT we are better off by about £100. :beer:
    It can't say I noticed any difference when VAT went down and up last time.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    chucky wrote: »
    is that the one Labour spread to 2011 or is that the 1p that the tories/lib dems decided to keep as it suited their agenda?

    I amended my original post. As Labour put into motion 3p a litre over 5 tax years in last Autumns budget. In the March budget this years rise was split into 3 installments.

    Worst hit will be haulage firms and couriers, who are already struggling at the moment with the downturn.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    chucky wrote: »
    is that the one Labour spread to 2011 or is that the 1p that the tories/lib dems decided to keep as it suited their agenda?

    Very little of future Labours tax plans has been changed following the budget yesterday.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Very little of future Labours tax plans has been changed following the budget yesterday.
    they could have been reversed but they obviously weren't - if the tax plans were that bad, i'm sure that these guys would have made a point of highlighting this.

    political point scoring is the name of the game at the moment - what's good for the country is secondary.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    chucky wrote: »
    they could have been reversed but they obviously weren't - if the tax plans were that bad, i'm sure that these guys would have made a point of highlighting this.

    political point scoring is the name of the game at the moment - what's good for the country is secondary.

    Not saying that future measures announced by the Labour government previously are bad. Just that the economy is going to have a thumbscrew applied to it over the next 4-5 years. As the cumulative effect of all the measures take hold.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Not saying that future measures announced by the Labour government previously are bad. Just that the economy is going to have a thumbscrew applied to it over the next 4-5 years. As the cumulative effect of all the measures take hold.
    it's irrelevant mentioning Labour every three posts - we're in a different era and others are responsible for their actions.
  • Chris2685
    Chris2685 Posts: 1,212 Forumite
    We are going to be worse off by the BBC calculator but by less than I thought...under £1k worse off due to the budget. (didn't do the fuel bit though)

    edit: ran it again, still with out fuel but with next years pay and its still ...not nice, but less nasty than we had planned for.

    If you are so much worse off, you must be earning an absolute packet. So I'm sure you can handle it ;)
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Chris2685 wrote: »
    If you are so much worse off, you must be earning an absolute packet. So I'm sure you can handle it ;)


    DH earns well, indeed. I earn nothing. I didn't say how worse off we are BTW and indeed, indicated we ''can handle it''. :)
  • Chris2685
    Chris2685 Posts: 1,212 Forumite
    Well under 1k I assumed to mean somewhere near 1k... I guess it could be £2.50 though.
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