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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Want to become a Forum Ambassador? Visit the Community Noticeboard for details on how to apply

Government Revenue

2

Comments

  • We should be spending and lending - let's create some major growth
  • IronWolf
    IronWolf Posts: 6,462 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Wait, i thought the labour bummers said that tax receipts would fall if you make spending cuts.

    Looks like the coalition is doing a good job, managing to make cuts whilst increasing revenue.
    Faith, hope, charity, these three; but the greatest of these is charity.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    We should be spending and lending - let's create some major growth

    Perhaps we should be content with what we have got and look to maintain it.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    IronWolf wrote: »
    Looks like the coalition is doing a good job, managing to make cuts whilst increasing revenue.

    Tax revenues are below forecasts.
  • Mr_Mumble
    Mr_Mumble Posts: 1,758 Forumite
    A 4.6% per annum compound increase in tax revenue is very greedy of government, on the limit of what is feasible given the 5%pa increase in money supply that the Bank of England targets.

    It's only when you look at government spending, though, that you can see the politicians and bureaucrats deserve to be put in stocks.
    "The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.
  • ILW
    ILW Posts: 18,333 Forumite
    There haven't been any cuts.
    Weird situation where just not increasing spending is described as a cut.
  • PaulF81
    PaulF81 Posts: 1,727 Forumite
    All that says to me is, freeze or cut state pension and cut NHS spending.

    They have killed the goose that laid the golden egg.
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    meljm2 wrote: »
    This guvernemt will never cut pensions.

    Theres two many votes innit

    Perhaps they should spend a bit more on edukshun. ;)
  • N1AK
    N1AK Posts: 2,903 Forumite
    Part of the Furniture 1,000 Posts
    Generali wrote: »
    It's quite difficult to draw any conclusions really however as the trend line doesn't take into account any other periods of economic difficulty.

    It wasn't posted to help people draw informed conclusions it was posted entirely as an attempt to baffle people with bs and bring them around to the position Hamish has decided is right and won't budge from.

    Anyone with more than rudimentary mathematical/economic knowledge, including I suspect Hamish, would know that chart projection means nothing.
    Having a signature removed for mentioning the removal of a previous signature. Blackwhite bellyfeel double plus good...
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    meljm2 wrote: »
    This guvernemt will never cut pensions.


    Flat rate pension thats ahead may be the start for many.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.9K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.9K Work, Benefits & Business
  • 603.5K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.