Budget 2018

[Deleted User]

Pennywise wrote: »

Could be worse - Steph McGovern :rotfl: at least LK knows her stuff.

Ah, so you advocate someone "knowing her stuff" regarding the presentation of a budget, whose education was in history, and regularly presents political programmes v someone whose education was in science and technology, and regularly presents business and money programmes. :rotfl:

Lungboy

Magic money trees everywhere yesterday it seems.

zagfles

Lungboy wrote: »

Magic money trees everywhere yesterday it seems.

Yes, surprised there was hardly anything negative and lots positive - seems the public finances are doing better than expected and they've decided to spend it!

kidmugsy

beaker141 wrote: »

I'll never accept it as fair until they look at child benefit on a household basis - ridiculous that a couple could earn 49.9k each and still keep the full amount.

Isn't it a consequence of the decision (by Nigel Lawson, I think) to introduce independent income taxation for wives?

I suppose you could reverse that but their would be rioting in the streets.

Thrugelmir

zagfles wrote: »

Yes, surprised there was hardly anything negative and lots positive - seems the public finances are doing better than expected and they've decided to spend it!

Minor tinkering. Doesn't disguise the fact that there's still a squeeze.

System

p00hsticks wrote: »

Hasn't it all been leaked to the Sunday papers any how ?



I can't recall the last time I saw was anything actually announced on Budget day that wasn't expected....

Funny to recall that many years ago Hugh Dalton resigned as chancellor because he had inadvertently given a hint of something in his budget speech while chatting to a journalist on his walk from Downing Street to the Commons to deliver it.

zagfles

Thrugelmir wrote: »

Minor tinkering. Doesn't disguise the fact that there's still a squeeze.

Yeah it's not radical, but there was talk of raising taxes or cancelling the tax threshold rise, or pension tax changes to pay for the NHS spending committment. Instead they bring forwards the threshold rises. Maybe they're planning an early election??

badmemory

This reads very like a pre election budget to me. Appease the poor with UC changes & move a few more out of paying tax altogether & appease those in the middle by taking them out of 40% tax. Tighten the screws a bit more on accidental landlords, all the more for the big companies they own. So December or January? And if they get in again the post Brexit budget will be a real humdinger.

Spreadsheetman

badmemory wrote: »

This reads very like a pre election budget to me. Appease the poor with UC changes & move a few more out of paying tax altogether & appease those in the middle by taking them out of 40% tax. Tighten the screws a bit more on accidental landlords, all the more for the big companies they own. So December or January? And if they get in again the post Brexit budget will be a real humdinger.

I can't believe they would risk it after last time, I can't see a better result being achieved.

Thrugelmir

zagfles wrote: »

Instead they bring forwards the threshold rises. Maybe they're planning an early election??

No early election. Longer term forecasts look better. Bringing forward is a one off relaxation. The impact of which can easily be contained.