What would you like to see in the Budget next month?

westernpromise

The really big spending spree is the one they go on when they get sick i old age and selfishly expect hospital treatment having paid taxes all their lives. So the greedy old b4st4rds still deserve to be killed and it's still worthwhile to do so.

Their stuff is a bonus. Well, their houses that the yoof are entitled to. The chintzy curtains, little plates on the wall, paper doilies to go under the biscuits on a plate and the knitted toilet roll holders are all junk obviously. I say use it as fuel for their pyres.

ruperts

Scrap HS2, reinvest in roads targeted first of all at major traffic hotspots.

In addition to the above finally embark on the long-promised but never delivered big infrastructure spending programme to prevent us falling even further behind the developing world, never mind the developed world.

Another set of ambitious house building figures but this time with a clue as to how they might actually achieve it.

Lower the tax burden on self employed contractors specifically in the engineering and construction industries to provide a fluid workforce available to deliver the above.

Substantially increase the amount of tax free allowance one partner can give to the other.

Higher rates of tax due for each successive property owned.

Clampdown on the great British leasehold service charge and ground rent scams.

MacMickster

Impose a new turnover tax on large entities, against which UK corporation tax paid by them (and possibly also employers national insurance contributions) can be offset. This would create a more level playing field between UK based businesses who do pay corporation tax and their multinational competitors who move their profits to other low-tax jurisdictions.

rtho782

westernpromise wrote: »

The really big spending spree is the one they go on when they get sick i old age and selfishly expect hospital treatment having paid taxes all their lives.

You mean when they expect more in returns than they ever paid in while the next generation will be the other way around.

20-30 years of retirement was never funded for them. The next generation is subsidising it. Their taxes do not cover what they are taking out.

antrobus

rtho782 wrote: »

..20-30 years of retirement was never funded for them. The next generation is subsidising it. Their taxes do not cover what they are taking out.

I've got news for you. The state pension has never been funded, it has always been paid for by the next generaion. Carry on the way you are, and the generations to come may well decide to take you at your word, and give you doodly-squat.

antrobus

ruperts wrote: »

..Lower the tax burden on self employed contractors specifically in the engineering and construction industries to provide a fluid workforce available to deliver the above....

Self employed contractors already have a lower tax burden. Can't we just draft in some more Polish builders to deliver the same output at a lower cost?

We still have a deficit that needs attention. We can't go around handing out tax cuts willy-nilly without good reason. Such as buying people's votes.

Thrugelmir

MacMickster wrote: »

Impose a new turnover tax on large entities,

Turnover has no bearing on an ability to pay more. Volume does not equate to higher profit.

GreatApe

westernpromise wrote: »

The really big spending spree is the one they go on when they get sick i old age and selfishly expect hospital treatment having paid taxes all their lives. So the greedy old b4st4rds still deserve to be killed and it's still worthwhile to do so.

Their stuff is a bonus. Well, their houses that the yoof are entitled to. The chintzy curtains, little plates on the wall, paper doilies to go under the biscuits on a plate and the knitted toilet roll holders are all junk obviously. I say use it as fuel for their pyres.

Just like the NHS it is a simple economic question not a moral one

MacMickster

Thrugelmir wrote: »

Turnover has no bearing on an ability to pay more. Volume does not equate to higher profit.

It doesn't, which is why multinationals couldn't avoid it by moving their profits elsewhere. Think of it as a sales tax, a little like VAT. Unlike VAT there would be no inputs to set off against it - but corporation tax and employers national insurance could be.

westernpromise

So you'd tax losses, then?

Why not just close the business and give the shareholders their money back while there's any left?