The Budget

kabayiri

2 young people on breakfast telly right now saying it's a bad budget. One is 17; both articulate; both aspirational.

It seems the wider aspiration - to tackle a deficit which is adding debt to everyone - has escaped them.

Yet, they are amongst those most likely to benefit if we get our finances in order.

It seems we don't link the fortunes of the state to our individual circumstances fully yet.

ukcarper

kabayiri wrote: »

2 young people on breakfast telly right now saying it's a bad budget. One is 17; both articulate; both aspirational.

It seems the wider aspiration - to tackle a deficit which is adding debt to everyone - has escaped them.

Yet, they are amongst those most likely to benefit if we get our finances in order.

It seems we don't like the fortunes of the state to our individual circumstances fully yet.

Perhaps they feel that other people could pay a little more.

Pennywise

ukcarper wrote: »

Perhaps they feel that other people could pay a little more.

But that's the thing isn't it? We all know that taxes have to rise and benefits reduce, but we all want it to be someone else, not us!

kabayiri

Pennywise wrote: »

But that's the thing isn't it? We all know that taxes have to rise and benefits reduce, but we all want it to be someone else, not us!

We've all seen the shows. We all think that we pay more than our fair share of the taxation burden too.

It's a perception issue. High profile scandals like the banker mega bonus era and the MPs expenses gravy train have not helped.

My primary point is that the young have the most to lose from our inability to tackle the deficit, yet this message hasn't been made clear.

remorseless

without getting bashed...the budget seems all right unless you're dependent on benefits.

Why is there an expectation in the UK about getting benefits? Like would you expect the state to give benefits for 3rd child, grants for schools, etc?

Taxes in the UK don't seem to be so HIGH to be able to feed everyone or AFAIK UK isn't so rich either... what am I missing?

*gentle please*

Marktheshark

remorseless wrote: »

without getting bashed...the budget seems all right unless you're dependent on benefits.

It is going to be poetic justice.
Those who ran out and voted to punish benefit scroungers are going to have their tax credits stripped away budget by budget.
Tax credits are benefits and scrounging off tax credits is not going to be an option much longer.
You voted for it and for once in over 50 years, people are actually going to get what they voted for.
Poverty.
By the end of this 5 years, you will have what you can earn to live from and not a penny more.

Get your udders greased, you are getting milked.

afly

remorseless wrote: »

without getting bashed...the budget seems all right unless you're dependent on benefits.

or self employed or an employer or a landlord

basically anyone remotely enterprising was hit hard also and some tit was on the BBC after the budget commenting that this was a "budget for business"

padington

Less benefits, more pay, its exactly what is needed to help people out of the benefits trap. My only hope is those genuinely broken and very vulnerable can be supported in a humane way.

padington

afly wrote: »

or self employed or employer

Everyone working will benefit from a stronger economy with even more investment.

lisyloo

Perhaps they feel that other people could pay a little more.

I'm a middle income earner, double income no kids.
I didn't need to pay less income tax from moving the thresholds, so I'd be happy to pay a little more.
I know that moving the tax thresholds helps a lot of lower paid people but it's a blunt instrument as people much higher up the income scale benefit (people earning as much as £80k).