MSE News: Higher rate tax payers to lose child benefit

keithnic_2

ajaxgeezer wrote: »

... if only the Tories weren't so politically opposed to tax rises. I've no idea what would be raised compared to the £1 billion of CB cuts, but a 1p/2p basic tax rate rise couple with a sensible benefit review would surely be fairer across the board?

This government will cripple this country. No-one listened to me in May though, and I doubt things have changed now.

This country has been crippled over the past 13 years by the Labour Govt simply spending money they didn't have. And their solution to this recession is to spend more money. Unbelievable!

welshmoneylover

ajaxgeezer wrote: »

This government will cripple this country.

So did the last Labour government, all spend spend spend until the pot run out.

I think this country's mind set needs to change from 'what can I claim to how can I earn enough income to match my bills and if I can't afford it then I can't have it'.

ajaxgeezer

welshmoneylover wrote: »

I think this country's mind set needs to change from 'what can I claim to how can I earn enough income to match my bills and if I can't afford it then I can't have it'.

... no argument there, and that includes kids in my book. Have as many as you want, but pay for the damn things yourself. Don't expect free handouts.

deedee1968

Juicyloo wrote: »

I think the whole point of this is going back to the whole point of the Welfare System, whereby set up to ensure the welfare of everyone in the system- the welfare as in basic standards of living, not maintaining those living outside their means- listen to yourselves for goodness sake.

I have been on both sides of the equation so am well qualified to comment.

Earning over 44k for a family are more than average, and I have no sympathy with this entitled to society whatsoever- about time everyone had a wake up call.

As for the scroungers on benefits- every story is different, and generalisation is ignorant.



Yes generalisation is ignorant. Yet you are generalising that anyone earning over 44k for a whole family doesn't really need chb. All cases are individual. A single mother for example earning 44k may have to pay about 15k in childcare plus all her bills etc. Suddenly her salary is no longer above average.

deedee1968

welshmoneylover wrote: »

deedee1968 wrote: »

Many moons ago, there was no help at all for working mothers to pay for childcare.

Didn't stop them working though...

I do not expect the govt to pay for my childcare costs. Although over the years my tax and NI has probably paid for others to return to work. What I refused to do was actually be worse off going back to work because the cost of childcare is more than the amount I would earn after paying for childcare, petrol etc. Yet I had a colleague who had a absent partner. She was able to return to work and have 80% of her childcare paid by state. I don't mind that because of course vulnerable people in siciety should be supported to return to work.

jennie65

If you are in the "higher tax bracket" and are sat on here pleading poverty then you are obviously living well beyond your means then. Try getting rid of your HP cars and buying a smaller house then.
I only earn 18k and I have 2 children to support on that. I have no loans, credit cards, I own my 2nd hand car, and rent privately.
I'm sorry but if you cant "get by" on your measly £44k then you are seriously doing something wrong.

Naughty_Noonoo

jlpike wrote: »

I have just worked out that recent announements will (if I dont change a few things) make me 10% (£3600) worse off in my take home pay which is approx 16% (£7000) before tax. Im sure my bos is likely to give me a pay rise like that in the current conditions, my company is just about staying in business.

I would lose child benefit
I am losing Working family allowance (although this is not much and I probably should not get this)
NI is going up 1%
VATis going up 2.5%

Thankyou Mr Cameron

Mr Cameron mocked the last government for placing a tax on jobs when the 2% (currently 1%) NI rate was announced......it's funny how since being elected he has opted to implement this policy................ but isn't that a tax on jobs Mr.Cameron?

Oh and they promised to keep Child Benefit for all......hmmm!

Don't get me wrong, I have contempt for all politicians, I just wish that sometimes they would say it for real 'we lied' or ' we cannot deliver on our promises'. Instead they choose to treat the general population as idiots.

deedee1968

Just had another thought. Surely SAHP should be applauded for staying at home looking after their children. They are not claiming benefits apart from chb and most importantly are not taking jobs away from all the people on benefits.

Just can't see how the govy plans to get people on benefits back to work.

Also the saving is minimal compares to the amount it is going to cost to introduce universal credit.

headcone

welshmoneylover wrote: »

I think this country's mind set needs to change from 'what can I claim to how can I earn enough income to match my bills and if I can't afford it then I can't have it'.

I wonder will the Welsh Assembly ever be converted to this radical idea?

They should be limited to spending only monies raised in Wales,with no support from the English taxpayer whatsoever.

Naughty_Noonoo

jennie65 wrote: »

If you are in the "higher tax bracket" and are sat on here pleading poverty then you are obviously living well beyond your means then. Try getting rid of your HP cars and buying a smaller house then.
I only earn 18k and I have 2 children to support on that. I have no loans, credit cards, I own my 2nd hand car, and rent privately.
I'm sorry but if you cant "get by" on your measly £44k then you are seriously doing something wrong.

Yes I did do something seriously wrong, 10 years ago I was made redundant from my job. After failing to get similar work locally and being off work for 6 months I accepted a job 80 miles away. I was in effect 20k a year worse off. It then took over 2 years to sell my house by which time I was well and truly in debt (loans and credit cards etc.). It is only in the last 18 months that I have been able to start eating away at the long standing debt. I have two 2nd hand cars, one is essential for work and the other to get my children to and from school (they closed the school within walking distance and there is no public transport alternative). I have now managed to to start earning 45k after a long period of hard work but there will be no recognition for me having done everything possible to avert state help. In total I received 12 weeks Job seekers allowance (and had to pay £120 in train fares to sit assessments prior to interviews).

What I should have done is sold my house before being made redundant and start renting, waste or hide the surplus cash then not bothered to get another job. I could have had Sky Sports, more kids, free school travel, free school meals, free school trips, free school uniforms.

I'm not bitter, just twisted!