The Budget

dirtydog · 22 Jun 2010 at 14:05

britboy4321 said:
Precisely. The vast majority of the people in this country, for one reason or another, spend less than 50% of their disposable income on VAT exempt goods.

But try explaining that to this forum! It's a minefield I tells ya!

Oh now you say disposable income - previously you said all income. Changing the goalposts...

britboy4321 · 22 Jun 2010 at 14:05

dirtydog said:
That is a logical fallacy.

For a start he would still be massively a net contributor in taxes, whereas there are millions who are net takers from the taxpayer.

He would still be a net contributor to HMV. So is it OK to nick a single DVD, or not?

He would still be a net contributor in taxes. So is it OK to take benefits you don't need, or not?

Disco Boy · 22 Jun 2010 at 14:05

britboy4321 said:
Precisely. The vast majority of the people in this country, for one reason or another, spend less than 50% of their disposable income on VAT exempt goods.

But try explaining that to this forum! It's a minefield I tells ya!

Well the definition of disposable income is that it isn't things which you need, so I'd expect it to be closer to 0%.

'Wes · 22 Jun 2010 at 14:06

Cider! Yeah baby!

Ahleckz · 22 Jun 2010 at 14:06

Robbie G said:
Lol, suddenly the Scots are opposed to prejudice? I'm very glad that Brown and Darling are not running this country anymore, yes.

I think you have misunderstood me...
First of all, I'm not Scottish.
Secondly, I'm also glad that Brown and Darling aren't running the country. My views were put out in the numerous election threads.
Thirdly, I'm not surprised that there weren't any Scottish issues addressed because the majority of the things that have an effect that were discussed today are devolved to the Scottish parliament.
Finally, I am against the Scottish parliament, the SNP and further devolution.

I'm not entirely sure why the nationality of the leader has to come into it...

Bar said:
I thought it was rather interesting that Alistair Darling seemed rather quiet and subdued when she was ranting.

It's standard practice for the leader of the opposition to respond to budgets, not the shadow Chancellor.

britboy4321 · 22 Jun 2010 at 14:06

Bar said:
Do you have any evidence what so ever to back these statements up? I appreciate that this is GD and not SC but I would love to see some evidence.

I googled for evidence of what % of income people spend on VAT exempt goods but couldn't find it. Its got to be out there somewhere - can you find it?

Remember to include all the population including kids - not just people that work or/and have mortgages ..

Duke · 22 Jun 2010 at 14:06

Disco Boy said:
Is it just me who found HH's response to the budget to be utterly pathetic? She concentrated on questioning the integrity of Clegg and Cameron and throwing mud rather than offering up an alternative.

Yep but I expect a lot of it is them trying to look good in front of their party, with the leader election coming up....

Sp00n · 22 Jun 2010 at 14:06

'Wes said:
Cider! Yeah baby!

I was thinking that :cool:

krooton · 22 Jun 2010 at 14:06

britboy4321 said:
Precisely. The vast majority of the people in this country, for one reason or another, spend less than 50% of their disposable income on VAT exempt goods.

But try explaining that to this forum! It's a minefield I tells ya!

LOL!

From the ages 0-16 I HAD NO MONEY!!! Hence I spent 0% on both VAT and non-VAT items.

Also, disposable income, by definition, is the money we have left over to pay for non-essential things. :rolleyes:

dirtydog · 22 Jun 2010 at 14:06

britboy4321 said:
He would still be a net contributor to HMV. So is it OK to nick a single DVD, or not?

He would still be a net contributor in taxes. So is it OK to take benefits you don't need, or not?

He isn't entitled to steal the DVD. He is entitled to child benefit. He contributes a huge amount of taxes which are funnelled into the pockets of the workshy and feckless. Claiming a tiny bit of HIS OWN MONEY back seems morally justified to me.

Substance · 22 Jun 2010 at 14:06

britboy4321 said:
He would still be a net contributor to HMV. So is it OK to nick a single DVD, or not?

He would still be a net contributor in taxes. So is it OK to take benefits you don't need, or not?

He would still be entitled to those benefits though, whether he needs them or not,

Stealing a dvd is against the law,

I can't see how you are trying to compare the two

Disco Boy · 22 Jun 2010 at 14:07

britboy4321 said:
I googled for evidence of what % of income people spend on VAT exempt goods but couldn't find it. Its got to be out there somewhere - can you find it?

Remember to include all the population including kids - not just people that work or/and have mortgages ..

You're actually saying that children spending their pocket money is relevant in the context of the budget? That's laughable.

The Mad Rapper · 22 Jun 2010 at 14:07

dirtydog said:
That is a logical fallacy.

For a start he would still be massively a net contributor in taxes, whereas there are millions who are net takers from the taxpayer.

Never let the facts get in the way of a good argument! He seems to think we should just hand all our cash over and be happy about it. I'm really not sure what planet he is on.

britboy4321 · 22 Jun 2010 at 14:07

The Mad Rapper said:
Never let the facts get in the way of a good argument! He seems to think we should just hand all our cash over and be happy about it. I'm really not sure what planet he is on.

Er, I was arguing against the VAT increase, remember?

Participant · 22 Jun 2010 at 14:08

Ahleckz said:
I'm not entirely sure why the nationality of the leader has to come into it...

Anyway...to answer your original question, yes it was a serious point. I don't see why a (basically Scottish if you look at the election map) party run by Scotsmen, should be in charge of English affairs and am very glad that they're not anymore.

Merlin5 · 22 Jun 2010 at 14:09

coltpython3 said:
i have a feeling this government will become very unpopular very quicky...

Why? Because all the vicky pollards who don't think before opening their legs won't be able to get child benefit anymore?

Disco Boy · 22 Jun 2010 at 14:09

britboy4321 said:
Er, I was arguing against the VAT increase, remember?

You're a bit late for that, it has been coming since Labour lowered the rate to 15% in 2008.

britboy4321 · 22 Jun 2010 at 14:09

Disco Boy said:
You're actually saying that children spending their pocket money is relevant in the context of the budget? That's laughable.

Read again.

Someone said 'Most people in this country spend MOST of their money on VAT exempt goods'.

THAT is laughable ..

antijoke · 22 Jun 2010 at 14:09

britboy4321 said:
Precisely. The vast majority of the people in this country, for one reason or another, spend less than 50% of their disposable income on VAT exempt goods.

But try explaining that to this forum! It's a minefield I tells ya!

britboy4321 said:
MOST people spend the VAST majority of their income on good subject to VAT. Sorry, it's just the real world mate!

Make your mind, which is it?

platypus · 22 Jun 2010 at 14:10

Disco Boy said:
Is it just me who found HH's response to the budget to be utterly pathetic? She concentrated on questioning the integrity of Clegg and Cameron and throwing mud rather than offering up an alternative.

What alternative can Labour provide? An utterly, utterly worthless party.