15 billion more what a joke

Meltdown_2

dunstonh wrote: »

3 - it was over 12 months ago when this was announced. No real opposition given from the other parties and Labour MPs cheered it on. Now its flavour of the month in the media, you get all these comments. Why not 12 months ago?

a) Of course Labour MPs cheered - by and large (but with a few shining exceptions) they are mindless sheep. (The same goes for Conservative and LibDem backbenchers.) But in actual fact what they were cheering was the reduction from 22p to 20p announced by Gordon Brown. The deletion of the 10p band was virtually sneaked past them.

b) Within a day or so, though, those 'shining exceptions' I mentioned did their research and their calculations and started saying "hold on, this can't be right!".
This was not the only issue that they reacted this way to, and it was anticipated that since these changes were not due for immediate implementation, appropriate action would be taken to correct things before the start of the 2008-9 tax year.
Some of them have been raising the matter regularly since then. It is not entirely their fault that the media chose to ignore them until now.

c) In terms of comments now, in this forum, the explanation is simple. The MSE team chose to open a thread on it and those that care about the issue are commenting. Prior to this thread being opened, I would have thought another forum (Moneysavers Arms?) would have been more appropriate, but it is here, now.

setmefree

ShelfStacker wrote: »

I work full time for 12k, £6.10 an hour. Not too far from minimum wage;

With respect, what planet are you living on. the minimum wage for your age is £4.60 an hour, base that on a 40 hour week you are £60.00 a week better off than a person of your age, in fact you are £23.20 better off a than a 22 year old on minimum wage..based on 40 hours.
:rotfl::rotfl::rotfl:

setmefree

thor wrote: »

Isn't it funny how the Daily Mail brigade are suddenly up in arms about lower paid workers. Perhaps they should be advocating a raising of the minimum wage by £1 an hour to show solidarity with their comrades?

Or hows about pull back all that borrowed billions,plough it into the minimum wage so everyone has a decent wage..the Government will still get it back through PAYE..now that sounds a fairer system:D

ShelfStacker_3

setmefree wrote: »

Or hows about pull back all that borrowed billions,plough it into the minimum wage so everyone has a decent wage..

Because it doesn't work that way and the government has no power to directly change peoples' pay packets, outside legislation and tax?

setmefree wrote: »

With respect, what planet are you living on. the minimum wage for your age is £4.60 an hour, base that on a 40 hour week you are £60.00 a week better off than a person of your age, in fact you are £23.20 better off a than a 22 year old on minimum wage..based on 40 hours.
:rotfl::rotfl::rotfl:

Right. And the people on £4.60 an hour are going to be even worse off, which I consider even less fair.

This isn't just me directly pursuing my own interests, I couldn't give a monkeys about having £50 less a year, but there are a lot of people who'll be very negatively affected by the removal of the 10% band and need defending. It's a !!!!!! move, basically, and it should be a shaming one for Labour.

thor wrote: »

Isn't it funny how the Daily Mail brigade are suddenly up in arms about lower paid workers. Perhaps they should be advocating a raising of the minimum wage by £1 an hour to show solidarity with their comrades?

The Daily Mail brigade can !!!!!! off. Judging by the Mail's readership, and the people the new tax changes positively affect, a cynical person could be forgiven for thinking the whole lot is a ruse to get said brigade on-side (which backfired tremendously). They forget that the Mail's main raison-d'etre right now isn't sticking up for the middle classes, it's putting the boot into Labour.

setmefree

Look at it this way,so far Gordon Brown has

Turned on the Police
Turned on the Prison officers
Turned on the Fire brigade
Turned on the NHS
Screwed the Army Soldiers
Refused an inquiry into the War
Protests about an inquiry into the Saudi arms probe

So lets be honest it's only a matter of time before he back tracks on the Banking Industry

setmefree

And here you go, the Banking Industry will take, but they ain't gonna give back

http://news.sky.com/skynews/article/0,,30400-1313014,00.html

ShelfStacker_3

setmefree wrote: »

Look at it this way,so far Gordon Brown has

Turned on the Police
Turned on the Prison officers
Turned on the Fire brigade
Turned on the NHS
Screwed the Army Soldiers
Refused an inquiry into the War
Protests about an inquiry into the Saudi arms probe

So lets be honest it's only a matter of time before he back tracks on the Banking Industry

Even if this wasn't a total non-sequitur, it still has no bearing on this thread. He can't backtrack on the banking industr either way now.

Dithering_Dad

ShelfStacker wrote: »

I work full time for 12k, £6.10 an hour. Not too far from minimum wage; I don't think I should get more than anyone else, however I do believe that it should be the people that earn more who get taxed more, as is generally considered fair.

People who earn more, do get taxed more, 41% on everything they earn over 34,600. For instance, I paid more than your entire income in tax last year.

I don't wish to be harsh, but as you are a single person with no dependants and no ties, what is preventing you from getting a better job and earning more money instead of expecting preferential tax handouts?

setmefree

Dithering_Dad wrote: »

I don't wish to be harsh, but as you are a single person with no dependants and no ties, what is preventing you from getting a better job and earning more money instead of expecting preferential tax handouts?

Very true, and perhaps if the Banking Industry employed more suitable people at the top level,then they too wouldn't be expecting preferential tax handouts.:D

setmefree

FTSE 100 Index and sky should get together, they could rename the share index price drop.com

And after all the hype the Conservatives have said about wasting Tax Payers,now they say it's a good idea to have Bonds..wonder who funds that???
Shame on you Mr Cameron.