Lords defeat government over tax credits cut

Well, what might Cameron do about the House of Lords?

I suppose he could create another 100 or so Tory Peers so he has a majority there too. Radio 4 Today programme said that there are 8 Liberal MPs and over 100 Liberal Peers.

Let’s imagine:

The PM creates 100 more peers.

None of the Peers die during the life of this parliament.

The Tories loose the next election and all cabinet members loose their seats. Usually when that happens IIRC they are (can be) elevated to the House of Lords? So NOT only would be have the majority made by the 100 or so this year but we’d have another 22 or so - probably more as some cabinet members will axed during the length of the parliament, sit on the back benches and be offered a peerage if they too lost their seats or stated they would no longer stand.

Added to that you would have a number of "Tory helpers" who would also be ennobled.

Labour win the next election (yeah, I’ve got a great imagination) and try to pass a law through the House of Lords, the large Tory majority reject the bill, the Labour PM creates another 100 Labour Peers and so on infinitum. Where would it end? Hey maybe I could get a peerage!

One thing they should consider is scrapping the House of Lords and replacing it with an elected (first past the post) chamber with a finite number of seats. Strange when we consider that the Senate in America has only 100 seats in their upper chamber.

Don't forget that they'll be re-drawing the constituency boundaries to ensure a permanent Tory majority in the House of Commons as well :(
 
One thing I've never understood with the government rhetoric is they are the party that will "increase wages". I work in the private sector, and I don't understand how the government can increase my wage - it's at my employer's discretion. And I haven't seen many co-workers switching jobs for a salary increase in the last five years or so - people seem stuck, both in their jobs and their housing situation.
 
Don't let that take away from a good old poor people circle jerk that this forum loves to engage in.

Forget facebook paying 4 grand in corporation tax in the UK last year....

Oh yeah the minimum wage devils are to blame.

Craft a phrasing of tax law that would encourage facebook to pay more?
Or any major corp who base themselves elsewhere?
At least with the NMW rising to NLW it'll force them to start paying their staff (not facebook, the others) and stop the taxpayer subsidising the 16 hour a week zero hour contracted topped up with working family and child tax credit starbuck barrista.

So how you phrase the law? In a way that it applied to all corporations.
 
more birth control, abortions, increased funding for sex ed.... higher minimum wage would help with a lot of issues

tax credits are just silly in principle, massively reducing them is a good thing

You want to abort babies to cut down on Tax Credits? :eek:
 
Why can't we all just calm down and accept the idea of Gideon's utopian society where all the women stay at home to look after children whilst the men go out and earn £150,000 in their London based jobs?
 
Of course they're allowed to have a child. It doesn't mean it's not stupid, or irresponsible, or done with the full knowledge the child is going to have a significantly worse life than if the parents waited until a far more sensible time.

So people should wait until the 'sensible' time to have children? Tell me, what are your thoughts on immigration?
 
So people should wait until the 'sensible' time to have children? Tell me, what are your thoughts on immigration?

Let's not go there.

We know that having children is necessary. But many of us would like to see the burden of paying for them fall less on the state (as much as possible).

Having children shouldn't mean you get a free ride, and thousands of pounds of state aid every year. Well, unless you're genuinely unlucky.

It shouldn't be "the norm" that people with kids can only exist with state aid.
 
Why do you ask? I can't wait for your sucker punch follow up.

I would have thought it was obvious. We already have a low birth rate in this country. You can't punish people for not having kids unless their circumstances are ideal unless you're willing to accept an increase in immigration to pay for us all in our old age.
 
The state is spinning plates at this point. It doesn't matter what they do to some extent. Long term they have the unfunded liabilities and debt and a continued growth in government over the last 50 years. If they are not capable of keeping within the budget then how far should it go? Should we do what the labour would want and do no cuts, just spend twice as much as they take in? How far should the government go with their debt and unfunded liabilities before we reach a point where they have to reduce their spending.

One solution would be to completely remove these tax credits, if that is the endeavour to begin with but at the same time double the tax threshold to £20k. Giving the lower classes a massive instant pay rise and hardly affecting the total income received by tax and in the larger context. What difference does it make to reduce the tax base when the state is already is running a deficit every year and is in over their head with unfunded liabilities and debt to private bankers.

Something else that would help the lower classes is a decrease in vat, as most rich people will buy things via a company and not pay vat. The poor people buying their TV and their toaster are paying extra for spending. It still makes little sense to tax spending and income at the same time, economically speaking. I think taxing one or the other would have better results. I am still not aware of any justification for the increase in vat from 17.5% to 20%. If the Keynesian model thinks spending is the root of the economy, then it should be incentivising it. Instead they discourage spending through VAT.
 
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I think we should shoot people at retirement age if they haven't saved enough money to support themselves. That would save more money that all other possible cuts combined...
 
Something else that would help the lower classes is a decrease in vat, as most rich people will buy things via a company and not pay vat.

Is this really true? So if Alan Sugar wants a new sofa he gets one of his businesses to buy as a business expense? Sounds a bit risky to save yourself a few quid, committing fraud that is (and the potential ramifications of it).

If it does happen a lot, it's not an argument to reduce VAT but for the Inland Revenue to enforce VAT rules more stringently. If you run a website design business and 'your business' buys a new Porsche then the IR need to question that.

If expensive 'home electronics' are bought by someone who owns a factory as a 'business expennse', the IR should do an unannounced visit to ask where that 50" 4K Sony curved TV is being used on site exactly...etc
 
Is this really true? So if Alan Sugar wants a new sofa he gets one of his businesses to buy as a business expense? Sounds a bit risky to save yourself a few quid, committing fraud that is (and the potential ramifications of it).

If it does happen a lot, it's not an argument to reduce VAT but for the Inland Revenue to enforce VAT rules more stringently. If you run a website design business and 'your business' buys a new Porsche then the IR need to question that.

If expensive 'home electronics' are bought by someone who owns a factory as a 'business expennse', the IR should do an unannounced visit to ask where that 50" 4K Sony curved TV is being used on site exactly...etc

I thought everybody knew someone who does this :p Any time they want a new PC, it's a business expense. Furniture - business expense.

Not sure you can get away with things like a PS4... but many purchases are easily written down as business expenses. I mean, prove that a new PC isn't? Inland Revenue aren't going to check to see if it has dual TitanX graphics cards now, are they? Just looks like a PC to them.
 
I agree. What are you planning to do in order to achieve the radically more equal society that would require?

To Facebook!

In seriousness, apart from voting, there isn't a whole lot any of us can do. Maybe write to your MP. Which I won't :p

Nope, doing nothing myself personally. Doesn't mean I can't agree/disagree with some govt proposal tho. Does mean my opinion is next to worthless, I agree.
 
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