Ed Balls: Conservatives planning extreme spending cuts

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Cuts is good!!!. Live within your means!! (some of you, anyway)..
 
Off the top of my head... buy in another country. Then sell to a friend in that country and buy it back. Or just get a friend to buy it in the first place. Do used good still attract VAT when bringing them in the country?

Or like I said wrap it in a company.

You would still own the watch because you own the company. It is similar to houses. A huge number of very expensive homes in London are no longer owned by people and are wrapped in companies (not sure if tax laws have changed yet to fix that loophole). Or as pointed out above just buy it when abroad.

I would hazard a guess that wealthy people are such because they are prepared to use such vehicles (no pun intended)

You are probably right. I think 'why bother' if you have that much money, why go through that hassle? Just buy it and be done with it. But then, that mentality is one of the reasons I am not rich and they are I guess :)
 
your just being pedantic because you didn't think of it first :p

30% VAT on very high value luxury items isn't that harsh when most of pay 20% of most things bar food, books and energy.

and please don't call me a socialist, I'm far from and just trying to think out of the box, try it ;)

Increasing VAT on luxury goods is going to disproportionately impact middle to low earners. A 10% increase on the cost of a TV is quite a lot for a middle or low earner, but for someone with a lot of cash its no big deal.

What we need is a thorough review of how we run our country and how we can better manage it for the long run. It seems to me that Frank Underwood had it right: Welfare is not a sustainable system.
 
I'd like to see how they're going to cut any more from the Police.

They used to have a level called "Minimum Manning" i.e. the minimum number of police needed for an area. Now that the previous round of cuts have reduced the number of frontline police and they can't meet minimum manning, they've introduced "Critical Manning" levels. Which in our particular area, we are regularly under.
 
When a company does badly, staff suffer. When a company did well owners/shareholders do well. The staff never see any of it.

simply not true.

maybe in the jobs you have worked in but that's not my experience at all.

on top of that, you do need some workers somewhere along the line. do you expect everyone to be a shareholder / owner? sounds a little like communism to me.
 
I'd like to see how they're going to cut any more from the Police.

They used to have a level called "Minimum Manning" i.e. the minimum number of police needed for an area. Now that the previous round of cuts have reduced the number of frontline police and they can't meet minimum manning, they've introduced "Critical Manning" levels. Which in our particular area, we are regularly under.

More cuts to the Military too are rumoured.
 
I'd like to see how they're going to cut any more from the Police.

They used to have a level called "Minimum Manning" i.e. the minimum number of police needed for an area. Now that the previous round of cuts have reduced the number of frontline police and they can't meet minimum manning, they've introduced "Critical Manning" levels. Which in our particular area, we are regularly under.

More cuts to the Military too are rumoured.

They'll cut to to the level it gets completely out of control then some corporation (that their mates or they are on the director's board of) will come up with an idea to sell them Robocops and a Skynet. And we all know how that one will end.
 
They'll cut to to the level it gets completely out of control then some corporation (that their mates or they are on the director's board of) will come up with an idea to sell them Robocops and a Skynet. And we all know how that one will end.

Omni Consumer Products would have been an enormous success if they'd just designed ED-209 to cope with stairs or be smart enough to take the lift..
 
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Cuts is good!!!. Live within your means!! (some of you, anyway)..

EVERYONE SHOULD GET FREE MONEY AND NOT HAVE TO STRUGGLE AT ALL WE ALL DESERVE IT EVERY MUM IS A WORKING MUM LABOUR WILL FIND THE MONEY BEG BORROW STEAL FROM THE IMF WE WILL FIND A WAY ALL SCHOOL CHILDREN WILL SPEND 4 HOURS A DAY PRODUCING TEN POUND NOTES
 
I'd like to see how they're going to cut any more from the Police.

They used to have a level called "Minimum Manning" i.e. the minimum number of police needed for an area. Now that the previous round of cuts have reduced the number of frontline police and they can't meet minimum manning, they've introduced "Critical Manning" levels. Which in our particular area, we are regularly under.

This force looks really stretched fighting crime (stopping 4 year olds for cycling on the pavement LOL :D)

http://www.bbc.co.uk/news/uk-england-lincolnshire-31805312
 
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