2016 budget thoughts.....

[Deleted User]

Hi all.

Less than a month till the 2016 budget statement.......... if you found yourself in a pub, faced by the Chancellor and had time (and his undivided attention) to put two budget proposals to him for serious consideration, what would they be?

WR

Generali

1. Increase environmental taxes while reducing corporation and income taxes: we should be taxing bad things (environmental degradation) not good things (profits and salaries).
2. Continue to reduce the relative size of Government.

padington

A) Print a ton of money, build a ton of houses and rent them out forever for a pretty penny.
With the profits send every child to code school on the weekends.

King_Nothing

Can I swap my two budget proposals for once chance to smash him over the head with a bottle of vodka from the optics instead?

preciousillusions

I think sacking Jeremy Hunt would save a lot of money. Ian Duncan Smith, too.

michaels

Abolish both sorts of ni and charge the honest rate of income tax

Get rid of the silly cliffs in the tax system caused by removing allowances etc and just charge sensible progressive rates.

princeofpounds

Abolish both sorts of ni and charge the honest rate of income tax

Get rid of the silly cliffs in the tax system caused by removing allowances etc and just charge sensible progressive rates.

These are good ideas, and probably my specific picks too.


But generally I would love to see radical simplification of the tax system.

kabayiri

I'd ask him to look at ways of transferring wealth from the older and wealthier in society to the impoverished younger, by wrapping it up in some pretend pension credit reforms.

(Of course, he'd have to be ratfaced to listen!)

CLAPTON

kabayiri wrote: »

I'd ask him to look at ways of transferring wealth from the older and wealthier in society to the impoverished younger, by wrapping it up in some pretend pension credit reforms.

(Of course, he'd have to be ratfaced to listen!)

the young aren't impoverished; but they do lack decent housing due to the high level of demand caused by population rise
wealth is a different matter that general rises with age unless they have rich parents.

kabayiri

CLAPTON wrote: »

the young aren't impoverished; but they do lack decent housing due to the high level of demand caused by population rise
wealth is a different matter that general rises with age unless they have rich parents.

No, they aren't really, but it's a plausible excuse.

Pensions must look like juicy low hanging fruit to a chancellor struggling to reduce the deficit.

Where else is he going to get money from? The BTL crowd are already feeling squeezed. Companies aren't going to pay more tax.

mwpt

kabayiri wrote: »

No, they aren't really, but it's a plausible excuse.

Pensions must look like juicy low hanging fruit to a chancellor struggling to reduce the deficit.

Where else is he going to get money from? The BTL crowd are already feeling squeezed. Companies aren't going to pay more tax.

Raiding working people's pension contributions while the triple lock for retired people with existing pensions is in place. We're all in this together.