We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Kicking the can
Comments
-
That doesn't follow.0
-
Ilya_Ilyich wrote: »"The country spends more on benfits than it takes in income tax." Source? Can you explain why this is a problem?
Are you for real? :rotfl::rotfl::rotfl:0 -
The_White_Horse wrote: »but it is not one area is it. what the govt pays out is more than it brings in. that is the reason for the deficit. yes, there are plenty of different types of taxes but benefits should never be greater than income tax. if you can't see that, you have no hope. tell me, do you vote labour per chance?
TWH - too young to vote, I think, judging by the lack of common sense.0 -
well said White Horse!!
I don't even work in the public sector but that pr1ck is boring me now.
'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 Thatcher0 -
-
Ilya_Ilyich wrote: »Sure, it seems a rather strange stance so wondering if he can support it in any way.
Try a search on google, theres plenty of statistical evidance to back up their post. TBH I can't be @rsed to do it for you...........;)0 -
Well thanks for coming into the thread to post about how you won't contribute!
Afraid I'm going to need some help with googling as this [institute for fiscal studies] indicates total benefit expenditure in 2009-10 of £188bn vs Income Tax & NI receipts of ~£229bn [HMRC]. Am I looking at incorrect or invalid figures? Still unclear as to why this is necessarily problematic!0 -
It's a problem in a lot of ways. Income is less than total expenditure. I'm sure you don't need an explanation as to why that's problematic?
As for income tax and benefits.....on a social level, this is a big problem, as it dissincentivises work, especially when people think that basically their entire income tax for the year won't even cover the benefits bill. For society, it problematic as it suggests there is an underlying problem in the country.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards