40p bracket lifted, from 42 to 50k. Great to see him looking after the average man again. **** minimum wage
Minimum wage has no effect on me but I would never, ever, EVER vote for the Tories. A million people having to go to food banks in a country with the 6th biggest economy in the world. **** you Cameron.
Think it's time we had regional levels of tax seeing as the north/south divide in terms of wages gets wider. The way I see it, if you get about £800 a month after tax (which I'm guessing is about minimum wage), then an extra £80 in your pay packet will make a massive difference to your life, whereas someone who clears £4000 a month would barley notice a tax code change that costs them an extra £100 a month in tax. I know it's all about fairness but we've had these tax thresholds for years now and it seems a really weird time to be cutting taxes by the largest amounts for the wealthiest whilst providing less than proportionate relief for those at the bottom end. People having more disposable is surely the best thing for the economy so allow people on low wages to have some to spend rather than cutting tax at the top where it will no doubt be stuck in an ISA
Fekin typical Tories. Mention Tax cuts and everything else is forgotten. No matter what they promise the electorate they'll all have to wait till the multi millionaires have left the table before they get any scraps.
And Labours record of lifting people out of poverty is so good because? The economy is starting to pick up, do we really want to give Labour another chance to shaft the country. I think the minimum wage is an insult to a working man but there will be increases to their personal tax allowances too.
I thought you might see beyond the hyperbole MK I'm far from a defender of New Labour but have to say this myth that Labour "caused" the financial crash that led to the recession just proves that if you say something often enough it becomes true. Like there is no alternative to austerity. The failure was one of Capitalism and of Capitalist Governments falling to regulate properly. Of course New Labour are guilty of that but this is a symptom not the illness.
I thought you might see beyond the hyperbole MK I'm far from a defender of New Labour but have to say this myth that Labour "caused" the financial crash that led to the recession just proves that if you say something often enough it becomes true. Like there is no alternative to austerity. The failure was one of Capitalism and of Capitalist Governments falling to regulate properly. Of course New Labour are guilty of that but this is a symptom not the illness.
I'm sure that someone on minimum wage would jump at the chance of an extra £20_£30 a month in tax breaks,but scant consolation that millionaires would be topping their already ample bank accounts/investments by £100s of thousands of pounds whilst queing up at food banks and already depleted services like care for the elderly struggle even more and the fact that soldiers injured in wars that is making western companies absolute fortunes are having to depend on charities such as help the heroes is an absolute disgrace.they should!d want for nothing on the tax payers expense.
That is just one aspect of the biggest deficit in living memory. I was making a point more related to Labours record of getting people of welfare - they did the opposite and made people welfare dependent. What do we have to show for three terms under Labour? Can you honestly say the country was in a better state when Labour left office than when they took it?
Mario you need to take your anti Labour blinkers off mate. This Government have put moire people into poverty than any other Government since the Victorian times and still people are blaming fecking Labour !! I agree that people need to be better off working than on benefits, but surely the best way is increase what the workers get, not take away what those with the least have ? This Government have given millionaires an extra £115k a year whilst taking an average of £987 from the poorest in society, yet it seem this is seen as good economics !!! Oh and the deficit is growing at a greater rate under this Government than under ANY Labour government.
Sorry Mark but being accused of wearing anti Labour blinkers on the Barnsley BBS is so loaded with irony I just can't take it seriously. This isn't a personal dig at you but there are times this place is like a meeting of Trotskyist students.
As is often the case you are confusing the deficit and the national debt. The deficit is the amount we lose each year. The national debt is the total amount we owe. The deficit each year makes the national debt bigger. Of course the national debt has gone up by more in this government than at any time in history. That is because at the time they took over from Labour, the deficit, the amount we were losing each year, was the highest its ever been. Ever since, the government have been reducing that deficit each year, and their stated aim is now to eliminate it by 2018 - I.e. stop losing any more money each year. You make that accusation in one breath about the addition to the national debt being more than any other government and then complain in the next breath about tory cuts. It doesn't make sense, the two complaints are at odds with each other. Believe me, if they had cut the deficit from the amount we were losing when they took over to an amount that was lower than previous records, that would have been because they had pretty much turned off the money tap. Those really would have been nasty tory cuts to complain about!
Bet rich people don't have these discussions. No, just let for the working class to worry about (as usual). If the rich paid their dues in proportion to the working clas then it'd be bye bye decifit guaranteed.
Not sure where you get that idea from. The shift in the 40% threshold would save a maximum of around £2k a year for anybody on higher rate, whether they earn £50k a year or 5 million a year, because from 50k upwards they are still paying 40%. The maximum saving is the extra tax paid on £8100. The shift in the threshold for higher rate tax is massively overdue, as the reduction in the rate in recent years has brought millions of extra people in the middle bracket into paying higher rate tax, those that earn half decent but still very much everyday type salaries. Not rich people by any stretch. But presumably still worthy of being labelled rich tory *******s?
THIS. Additionally, I'll never understand why people on here have such a hatred for successful people. If someone is 'rich' that's because either they, or one of their ancestors either worked hard and became successful, or caught a lucky break (aka lottery etc).
As per Redstar, I'm no defender of New Labour, but blaming them for failing to regulate the banks and then voting Tory in response is absolutely nonsensical. New Labour's failings were in behaving like the Tories and getting in bed with the city. And until the recession hit the Tories were promising to match Labour's public spending. They only deviated in their response to the recession. All against the backdrop of responding to the chronic underinvestment in public services under multiple Tory governments and trying to respond to the catastrophic consequences of the overnight deindustrialisation of Britain. They didn't save any money to fix the roof because they were fixing the whole ******* house. All of which is immaterial because all the main parties are wedded to the route cause of the problem. Labour should stop dicking about with people who can't see the above and start looking to form a progressive left consensus from which 80% of the electorate would benefit. And if they don't win the election at least they'd've had courage in their convictions.
