The Budget, 2009

So, trade in your old car and the government give you £2,000?

Sounds good to me
(Pity about the 2p rise on petrol from September . . . )

Good to see them looking after the elderly a little bit.

Shame there were no cuts on benefits for lazy dole munching scummers to make them try to train or get low paid jobs at least!

Seems as if the tax @rse-raping has begun then!!

50% for those who earn more than £150k....

Its the booze and fuel that farks me.

Work hard, pay taxes, need a beer at the end of the day and it hits me in the pocket to pay the dole munchers!

9bn public spending cuts, yet what the fark was that 9bn being spent on anyways??

holcs wrote:Good to see them looking after the elderly a little bit.

Shame there were no cuts on benefits for lazy dole munching scummers to make them try to train or get low paid jobs at least!

Seems as if the tax @rse-raping has begun then!!

They could start by means-testing Child Benefit. I object to someone with an identical size family to me on 5 or 6 times my salary getting the same benefit.

Oh and the car scheme is great for registrations for automotive mnufacturers and the numbers for the govn't, but it will be used on small, low cost cars which are heavily subsidised anyway by the manufacturers, plus they have to pay 50% of the £2k anyways. Is another pointless introduction as no profit = no extra jobs.

Basil wrote:

holcs wrote:Good to see them looking after the elderly a little bit.

Shame there were no cuts on benefits for lazy dole munching scummers to make them try to train or get low paid jobs at least!

Seems as if the tax @rse-raping has begun then!!

They could start by means-testing Child Benefit. I object to someone with an identical size family to me on 5 or 6 times my salary getting the same benefit.

Hey no worries from me here on that one.

holcs wrote:

Basil wrote:

holcs wrote:Good to see them looking after the elderly a little bit.

Shame there were no cuts on benefits for lazy dole munching scummers to make them try to train or get low paid jobs at least!

Seems as if the tax @rse-raping has begun then!!

They could start by means-testing Child Benefit. I object to someone with an identical size family to me on 5 or 6 times my salary getting the same benefit.

Hey no worries from me here on that one.

We're agreeing too much!

Basil wrote:

holcs wrote:

Basil wrote:

holcs wrote:Good to see them looking after the elderly a little bit.

Shame there were no cuts on benefits for lazy dole munching scummers to make them try to train or get low paid jobs at least!

Seems as if the tax @rse-raping has begun then!!

They could start by means-testing Child Benefit. I object to someone with an identical size family to me on 5 or 6 times my salary getting the same benefit.

Hey no worries from me here on that one.

We're agreeing too much!

Don't worry Baz. You'll soon enough start chuntering about some gashlord and all will be back to normal!!!

My son said he's pleased about the 25 million being put into helping the long term unemployed, so he's obviously aiming high for when he leaves school

This seems like a good site HERE

Long term unemployed are the problem, well the ones that can't be arsed to try and find a job.

Your son sounds like he wants to be a dole muncher Dem?!

holcs wrote:Long term unemployed are the problem, well the ones that can't be arsed to try and find a job.

Funnily enough they're usually the ones complaining about 'bloody Poles coming over ere nickin our jobs.'

holcs wrote:Long term unemployed are the problem, well the ones that can't be arsed to try and find a job.
Your son sounds like he wants to be a dole muncher Dem?!

I don't think he wants to be. I just think he has low expectations of job opportunities in Newquay.

JKLever wrote:

holcs wrote:Long term unemployed are the problem, well the ones that can't be arsed to try and find a job.

Funnily enough they're usually the ones complaining about 'bloody Poles coming over ere nickin our jobs.'

Aye. Shame most of them won't do the jobs that 'bloody Poles' would.

I have a suggestion, people on the dole have to undertake a part-time job in cleaning or a low earning job each week to be eligible!

Or send them to the hand carwash around the corner from me for 2 days a week. Them there Poles work their nuts off for 14 hours a day. That'll learn the feckers!!

Yes, but is it Johnny Chav's fault that he was let down by the educational system that didn't take into account his single mother's gambling, alcoholic problem which was caused by the government's useless unemployment policy. He wanted to learn at school but wasn't given the support. Should he therefore be made to undertake a part-time job in cleaning or a low earning job each week to be eligible . . . ?

Only joking, but that's what some do-gooder would say!

And as I was reading that I was dissassembling the argument into Mush!

Glad you was joshing, and I HATE do-gooders!!

The 50% tax rate on income of >£150k will do f/all. Just a sop to the newly energised left of the Labour Party.

........And this car scrappage bollocks scheme - WTF is that all about? How many miles of railway could you electrify for the same cost?

Alastair Darling is a twat. End Of.

Basil wrote:The 50% tax rate on income of >£150k will do f/all. Just a sop to the newly energised left of the Labour Party.

'
should step up to 80% for millionaires...all those who have made gazillions fro the finance sector need to have their assets impounded

The 50% tax rise is pure gesture politics designed to catch out the Conservatives with little or no practical effect whatsoever. If the Tories oppose the 50% they will be accused of being the party of the rich seeking to grind the faces of the poor in order to benefit their wealthy backers whereas if they support it they will be depicted as having renounced their Thatcherite principles and of having simply become a "me too" party to Nu Labour.

Apart from this rather transparent political trap there is little, if anything, to justify the increase in economic terms. The Laffer curve shows that after a certain party tax rates and tax revenues become inversely, rather than directly, related:

The Laffer curve

The penal rates of tax that reached as high as 98% on very high levels of income and 104% on investment income that applied in the UK during the 1960s (providing the inspiration for the Beatles' song "Taxman") generated little if any additional revenue except to accountants and lawyers skilled in tax avoidance schemes. It was during this period that the tax havens of Gibraltar, the Channel Islands and the Isle of Man came into being.

When Lawson slashed the top rate of tax (and got rid of the many tax allowances with it) to 40% in the 1980s revenue from higher earners actually doubled. As Chris Huhne, the Liberal Democrat spokesman, pointed out on "The Daily Politics" today the Government have further increased the differential between top-rate tax (now 50%) and Capital Gains Tax (currently 18%) to 32% so City fat-cats (assuming there are any left) will now more than likely take their remuneration in the form of capital gains rather than salary payments so, if anything, Darling's latest wheeze will see the rich paying less, not more, in tax. But then the Budget was always about saving Gordon not rescuing the country from the economic mire Nu Labour has put it in. Even on this basis I expect it will turn out to be a dismal failure.

Obviously the British Labour party caused the US Sub-Prime crisis.

Basil wrote:........And this car scrappage bollocks scheme - WTF is that all about? How many miles of railway could you electrify for the same cost?

Alastair Darling is a powerless twat just carrying out that qunt of a PM's bidding. End Of.

Fixeth.

ten years after wrote:Obviously the British Labour party caused the US Sub-Prime crisis.

No, but British banks such as RBS, HBOS and Northern Rock were heavily involved in fuelling the sub-prime market thanks to Gordon's "light-touch" regulatory regime that he put in place as Will Hutton pointed out in his "Dispatches" programme on C4 this week - "Crash -How the Banks Went Bust" :

"Britain and America were in effect one financial system, but regulated indifferently as two - one of the many causes of the crisis. So for the first 12 months, both governments copied each others' approach - case by case, no generalised response - until finally the whole thing blew up."

Crash - C4 Dispatches

Brown even attended the opening of Lehman Brothers' shiny new multi-million pound offices in Canary Wharf in 2007 as Guest-of-Honour, unveiling a commerative plaque like the Queen, and grinning like a Cheshire Cat alongside Lehman's odious and now thoroughly-discredited CEO, Dick Fuld. In his speech Brown stated that this was "a golden era" for the City of London and world financial markets. Unfortunately the "gold" turned out to be the fools' variety.

"In December 2008, Fuld was given the "Lex Overpaid CEO" and "thief" award of the Financial Times for having received $34m in 2007 and $40.5m in 2006, the last two years before his bank's failure."

Richard S.Fuld Jr.

Basil wrote:........And this car scrappage bollocks scheme - WTF is that all about? How many miles of railway could you electrify for the same cost?

Alastair Darling is a twat. End Of.

It supposed to get the automotive manufacturers moving vehicles again and the factories up and running, as well as getting more environmentally cars on the road, and reducing emissions.

Fact of the matter is, we would have to match the £1000 that the Government are putting towards it, which in fact actually makes us lose even more money on the vehicles, which strangley enough means there is less chance of us:

1. Reopening factories full time.
2. Taking on staff again

Its a load of trash. It works in Germany where they fork out the full £2k.

Its also pointless as he's paying for it, with the extra tax on fuel.

Typical Labour fudge.

At every turn they simply take the shortest route towards doing what they think will make themselves electable, and they pay not the slightest bit of attention on what might actually be in the best interests of the country.

Utter qunts.

The budget was completely laughable.

The forecasts are based on cloud cuckoo land predictions of an ecomonic turnround and growth.

Also full of pointless, meaningless gimmicks designed to appeal to the average thick oik who can't think things through for themselves, but the qunts in the government hope will be mesmerised by what looks like a 'deal for the common man.'

These gimmicks include the 50% tax rate, which in principle is fine by me, but won't actually return a significant amount of revenue compared to the black hole these bast@rds have created for the country. An optimistic view is that this new rate will raise £1bn per annum for the country, whilst we're set to borrow as a nation £175bn in the next financial year alone.

Absolute cobblers. We're so farked.