Originally Posted by heero_yuy
A tax change that only makes £100m difference at the most compared with big increases on property transfer taxes (7% of property value), the removal of tax fiddles on property (Company property now at 15%), the closing of more tax loop holes, a cap on tax avoidance in monetary terms and a presumption that there will be a minimum tax for the rich to pay irrespective of ANY tax avoidance schemes. I don't think that looks very sweet to me. (And no I'm not a higher rate tax payer)
It's so simplistic to look at the headline tax rate without actually looking at what it really means but it plays well to the left wing despite the detractors conveiniently forgetting that they themselves stated that it would only be temporary for as long as it actually raised money.
Its great lopeholes getting shut that we can thank finally MP's seeing the redicolous trash which been going on for years. Who ever in power ignored to get on the gravy train of backhanders by big business in party funding. No doubt to make sure they play ball. It still do not see why the bitter sweet pill when everyone else gets pain pain more pain.
It still gives large impression look after those who got alot money. Sorry did not want give impression your one these.
Property one will still get fiddled they can get around this with gifting money dropping the price below the threshold of 2m.
My mum very angry she losing money as pensioner despite smirky hitler cameron try to fool them about twaddle they wont lose out. She was on £145 with pension credit so loses out £5 a week with rent rebate reductions coming bills going up not down how the hell can pensioner survive.
Talk about ripping of the lowest who cant fight back.
The papers nicknamed osbourne sheriff of nottingham robbing the poor to give to the rich. They not wrong.
Now not saying they should left welfare alone but they should not blamed it for the mess. Workfare is masked slave labour. Welfare needed slimling and revamped not butchered. Its the safety net for losing job, being sick and being disabled its everyone right for that help who falls into this.
Yes there fraud but surely its investigation and courts to deal with it not move the goalpost kick genuine of disibility which they rightly deserve.
Equally its wrong to attack unemployed workshy. use messures and tricckery to make people lose it there plenty horrors out there whats going off. Then again is it such biggie some diside to stick at that level afterall I been there it aint the sweet cheeks coalition makes it out.
Those who think its a sinch and money spinner to working live in lala land never been there long term. Especially if run by the rules try look for job out that pittance you get dont do odd jobs for cash in hand. Stick to the rules you will see it not easy not reward as people think. Now not saying all workers above water either depends on lifestyle car ?, Booze?, Fags?, Go Out?, indebt to loans?. You can be equally in struggles but how much cash you got left all down to lifestyles and choices. Some qualify for that little help tax credit some dont get the help.
Lower income workers getting shafted too.
We saw news the pittance minimum wage increase that was just slap in the face to those facing tax credit reductions.
You see big picture the pain all at the wrong scale.
Yet all this money which will get removed from the economy going to hurt the very businesses that many work for. Fully expect more job losses beckon. Ok the tax shift might ofset little but doubt it will be enough to prevent coming months hurting the economy.