2022 mini-budget discussion
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I'd wager its something like the squeeze at the bottom end to wages and opportunities (ie the amount of people in full time work and receiving benefits which is just money being transferred from the state into the pockets of business owners) meaning unnecessary un unsustainable pressure being put on those services.
I'm not sure about that, AI and automation more broadly is in various areas as a result of more efficiency + competition.
Blockbuster used to have tens of thousands of employees and thousands of physical shops, you'd have to go there in person. Netflix has a couple of thousand employees and in return for a monthly fee you have more content at your disposal than you could possibly watch. I guess rentals still exist in the digital world on Amazon Prime etc.. but the old delay from Cinema -> video/DVD has become much much shorter for those, you can watch big blockbusters not long after they're released and frankly some of the in house content produced by these platforms is of a similar level of quality to blockbuster movies and HBO TV series.
I don't think gig work is going to be the only thing left, in a lot of cases AI will make professions more efficient, doctors, for example, won't necessarily be replaced but their range of diagnositc and treatment options will dramatically improve and they'll make fewer mistakes.
Caporegime
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And miss management. The NHS has been miss managed for decades and wasted billions so that doesn't help at all
That does need to be addressed IMO, much more so than the 45% rate (which I do still think ought to be scrapped at some point).
It's a real sweet spot, like imagine a GP on circa 100k considering a saturday morning commuter clinic, they're potentially getting hammered for that very useful extra service with a 60% rate when it ought to be 40%, that is a disincentive and it could apply to many other areas like overtime, shift allowances etc.. for highly skilled, very productive/useful people.
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Soldato
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Just out of interest, if you were paid the same amount each year but PAYE would it be more or less? Or do you run a proper company?
Caporegime
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i run a limited company.
i would pay a bit less as you dont need to pay a thing such as corporation tax as a PAYE
Soldato
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I know that, I was asking if you were a PSC and therefore "minimising tax" that's all - no sweat if you are a proper company.
My point is, people minimising tax like that don't really have a leg to stand on when it comes to moral debates about tax burden
I am sure we have some of these types here!
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Caporegime
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defo but at the same time can you blame them?I know that, I was asking if you were a PSC and therefore "minimising tax" that's all - no sweat if you are a proper company.
My point is, people minimising tax like that don't really have a leg to stand on when it comes to moral debates about tax burden
Read my original post about this as to why people would feel ****** off paying lots of tax.
Soldato
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No need, I pay loads.
But then walking down this path just turns us in to the USA, and that country is ****ed when it comes to looking after citizens. It's a dangerous path.
We need competent government to spend wisely, otherwise it becomes a negative feedback loop and will run us into the ground.
Caporegime
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Yea but thats where we will head if the Gov dont get there **** together.
The thing is, both labour and tories are **** and lets face it, most people here will only vote for one of these two.
Most wont give lib dems a chance or another party,
Which then brings us back around to PR. Anyone other than Lab or Con is just a wasted vote. Even those seats that are typically LD mean nothing other than a token few MPs in government. If we had PR, that number could swell considerably, meaning LD get some proper influence within government, or at least Lab/Con will be forced into action if they are the largest party.
Soldato
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I'm PAYE and don't have the same opportunities to reduce tax like my "limited company" colleagues. I'm also resident in Scotland so I pay more tax than my English resident colleague who gets the exact same rate as me. I actually don't mind paying more than my English colleague because I can see what that pays for - but I do find it disappointing to hear people who earn less than me claim that I should be paying more tax because I "can afford it".
It's like someone who earns less than 10k claiming that the basic rate should be 25%. There's big a difference between a fair society and a selfish society, and it's very easy to reallocate other people's earnings.
Caporegime
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Whats funny is that i actually had to pay for private healthcare a few years ago because when i first went to a GP they said i had to wait 6 months for an appointment with a specialists.. i mean wow just wow...
What did i do next day? googled a specialists private clinic, booked a appointment the next day, did a consulant and then the following wee, got what needed to be done, sorted....
So yea, i am in favour of just aboloshing the free pointless NHS system in favour or privatising it because the current NHS system is not worth my taxt paying money....
Absolute farce
What did i do next day? googled a specialists private clinic, booked a appointment the next day, did a consulant and then the following wee, got what needed to be done, sorted....
So yea, i am in favour of just aboloshing the free pointless NHS system in favour or privatising it because the current NHS system is not worth my taxt paying money....
Absolute farce
And what about the people who can't afford the cost of private care? Again, see my previous post on turning us into the US. Where a high proportion of the population go bankrupt from injuries, and have to set up GoFundMe pages to afford their treatments, which is then effectively socialised/"free" medical care anyway?
I can't stand the selfish views - good for you that you're in a position to afford private healthcare, but most people aren't. I was surprised to learn last week that if you earn over £40k you're in the top 25% of earners in the country. £40k isn't a particularly high salary these days, and 75% of the country earn less than that.
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Caporegime
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Your limited company buddies are liying to you if they go on and say they pay less tax then you....
They dont. i have highlighted this why. corporation tax....
plus personal tax which is teh same tax rate as a PAYE....
Yea if youre mates dont take out more than 12k out of there company then yea they pay next to no tax but who can live off on 12k + 7k base salary (lol)
People wih limited companies are pay a **** load of tax and my point is, for what?
Soldato
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Mate, they lie to the tax man, not to me.
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Indeed, I've worked and lived lots down south. 15 years or so in total. Some in the home counties, some in London. But I'm from the north and now live in the north again.
The problem is though, lower paid jobs down south are the pits. It's far easier to scrape by up north on lower wages. It's medium and higher paid jobs that are where the opposite is true, wages are just so much higher down south, far greater proportionally than living costs I found. That's the reason why some people travel down south to work. They don't do it because they like spending several hours on trains a week and nights in travel lodges away from their families.
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