Autumn Statement - Predictions and results

happylucky

Capital Gains Tax on all investment property back up to 40%, retrospective and taking immediate effect. Maybe on all other investments too.

Potential proceeds earmarked for more social housing.

Thrugelmir

happylucky wrote: »

Capital Gains Tax on all investment property back up to 40%, retrospective and taking immediate effect. Maybe on all other investments too.

Potential proceeds earmarked for more social housing.

Tinkering around the edges. Something that is better suited to a spring budget. There's still a huge hole to filled. Bad news is best announced early in the Parliamentary cycle. Then people forget about it when actually takes effect.

BobQ

Abolition of Child Benefit

Sugar tax

Privatisation of Met Office

Privatisation of BBC

Privatisation of Network Rail

Privatisation of Motorway Network

Mistermeaner

I'd support abolishing the BBC

Them using our license fee to bid for sport is annoying (when the money spent adds nothing to the quality of the entertainment)

Also how much is spent on having correspondents everywhere for every world event, let the private companies do that.

Bbc should not use our money to compete on an unfair footing with private industry.

Rant over

WobblyDog

mystic_trev wrote: »

- Salary sacrifice schemes to be axed.

I hope not, as a middle-income single person, I reckon my salary-sacrifice pension contributions are the only way I can control the extent to which I'm a net financial contributor to the state.

From a slightly selfish point of view, I'm a bit bewildered by the number of things that can be covered by Salary Sacrifice. I can sort of understand pensions, because the government says it wants people to save for their retirement, but why cars and car-parking permits?

michaels

WobblyDog wrote: »

I hope not, as a middle-income single person, I reckon my salary-sacrifice pension contributions are the only way I can control the extent to which I'm a net financial contributor to the state.

From a slightly selfish point of view, I'm a bit bewildered by the number of things that can be covered by Salary Sacrifice. I can sort of understand pensions, because the government says it wants people to save for their retirement, but why cars and car-parking permits?

Given the bik rates for cars it seems it can be more expensive to buy via salary sacrifice than out of post tax income.

Tromking

Today will see many of our public services enter a new dark age. I'll be accused of hyperbole by some on here but time will tell as to whether Gideon's dogma driven desire to wipe out the deficit by reducing the size of the state at the expense of our once 'first world' public services was brave or foolhardy.
I detest this man politically but he can't be accused of lacking in political courage.

michaels

Was it dogma driven desire that led to Brown expanding the state much more quickly than the revenue base could grow?

Due to the housing crisis though (and the pandering to old voters) we are seeing a very unbalanced unwinding of Brown's imbalance with 'core' govt services being cut but not the total welfare bill.

Tromking

michaels wrote: »

Was it dogma driven desire that led to Brown expanding the state much more quickly than the revenue base could grow?

Due to the housing crisis though (and the pandering to old voters) we are seeing a very unbalanced unwinding of Brown's imbalance with 'core' govt services being cut but not the total welfare bill.

You vote for the dogma you agree with I suppose. I'll put one caveat on Osborne's political bravery, and that's if he bottles it on tax credits. You point re. public services bearing the brunt is well made, hence my point that under the cover of reducing the deficit he is destroying the effectiveness of our public services as a probable precursor to widespread privatisation. Not for nothing is he known as the most political of political Chancellors.

Generali

michaels wrote: »

Was it dogma driven desire that led to Brown expanding the state much more quickly than the revenue base could grow?

Due to the housing crisis though (and the pandering to old voters) we are seeing a very unbalanced unwinding of Brown's imbalance with 'core' govt services being cut but not the total welfare bill.

Haven't we been over this before?

An increase in the size of the state provides social justice. Moving it back to where it was is a dogma driven attack on the most vulnerable in society. Don't you know that there are food banks.
<<mutters>>