Poll: The Budget

[MrMoonX]

You will be about £242 worse off in 2012/13

not to mention pay freeze, inflation and public sector worker tax ( I mean pension contribution increases) plus the increases in all other areas of cost of living, childcare will go up etc. etc.

probably a lot more than £242 the changes today rob me for!

thats why I'm dissatisfied with the budget and this shameful government

 

[matt100]

well if the liberals hadn't jumped in bed with the tories they would have had even less say? Just shouting for the sidelines like Labour?

how is that better?

 

[Hatter The Mad]

well if the liberals hadn't jumped in bed with the tories they would have had even less say? Just shouting for the sidelines like Labour?

how is that better?

Not to mention they have implemented most of their manifesto, even more than the Conservatives'

 

[MrMoonX]

well if the liberals hadn't jumped in bed with the tories they would have had even less say? Just shouting for the sidelines like Labour?

how is that better?

It would have been better to have a tory minority government with the inability to push through crap like the health and Social care bill and loads of laws that change things they have no mandate to do.

 

[chillidog]

it's all ok now just brought 6000 packets of cigs just before 6pm.
out of my dole money. with the saving i can put it up towards my holiday
in spain this summer

 

[Slam62]

interesting that more people dislike the budget than approve,

personally I think it basically a do nothing budget which totally relies on the OBR being correct, they have been wrong every time so far.

 

[RobSmith]

I bet a large majority of the very dissatisfied are smokers

 

[kitch9]

You will be about £242 worse off in 2012/13

not to mention pay freeze, inflation and public sector worker tax ( I mean pension contribution increases) plus the increases in all other areas of cost of living, childcare will go up etc. etc.

probably a lot more than £242 the changes today rob me for!

thats why I'm dissatisfied with the budget and this shameful government

My mortgage is £650 a month cheaper due to low interest rates... This shameful government is doing all it can to see it remains this way.

I can handle 242 quid a year more tax all day long...

 

[kitch9]

It would have been better to have a tory minority government with the inability to push through crap like the health and Social care bill and loads of laws that change things they have no mandate to do.

I can guarantee that you have no idea what the healthcare bill actually involves and you only don't like it because labour says you shouldn't.

 

[RDM]

Ignoring the dubious independence and track record of the OBR, the 50% income tax raised approx £1bn in tax revenue last year, and would have raised more as income that was brought forward last year to avoid the 50% tax rate cannot avoid the 50% tax rate this year. The evidence presented for cutting the 50% tax rate is extremely flaky at best. Someone has to pay for this tax cut for the rich though, and it looks like it's going to be pensioners and middle income earners. So yes I think this budget is a truly awful thing from a truly despicable chancellor.

In other words regardless of what is done because of who is doing it you are going to dislike it. Doesn't matter if it raises 5 times as much revenue it is still wrong because the Tories did it...

Sadly that is the problem with far too many of our electorate, the colour of the party matters more than the detail of the policy. Frankly irrational.

 

[D.P.]

Ignoring the dubious independence and track record of the OBR, the 50% income tax raised approx £1bn in tax revenue last year, and would have raised more as income that was brought forward last year to avoid the 50% tax rate cannot avoid the 50% tax rate this year. The evidence presented for cutting the 50% tax rate is extremely flaky at best. Someone has to pay for this tax cut for the rich though, and it looks like it's going to be pensioners and middle income earners. So yes I think this budget is a truly awful thing from a truly despicable chancellor.

Ehh, what a logical fallacy.

The evidence shows that if the top tax rate is lowered to 45% from 50% then MORE tax revenue is generated. So, no, no one is paying for, everyone else is benefiting from it as the total tax revenue increases. Who cares is £1bn of revenue was generated with a 50% tax, if the 45% tax rate generates £2bn then we are all much better off.

The negative effects of over taxation are well known and well studied by people that are far more intelligent and experienced than you.

 

[scorza]

In other words regardless of what is done because of who is doing it you are going to dislike it. Doesn't matter if it raises 5 times as much revenue it is still wrong because the Tories did it...

Sadly that is the problem with far too many of our electorate, the colour of the party matters more than the detail of the policy. Frankly irrational.

It's not the revenue raised that's the problem, it's how it is raised, where the burden falls, who wins, who loses etc.

Nothing to do with the colour of the rosette - I am not a Labour supporter.

 

[matt100]

not to mention pay freeze, inflation and public sector worker tax ( I mean pension contribution increases)

the pay freeze is tough I'll give you that. Inflation however is largely out of the governments hands and I think you'll find you're in a huge minority if you think people are going to care about your pension increases.

I can't afford to contribute to one myself so why I should contribute towards yours is beyond me.

 

[kitch9]

In other words regardless of what is done because of who is doing it you are going to dislike it. Doesn't matter if it raises 5 times as much revenue it is still wrong because the Tories did it...

Sadly that is the problem with far too many of our electorate, the colour of the party matters more than the detail of the policy. Frankly irrational.

People can't handle the fact that the high earners tend to be the brains of our society, so they are smart enough to figure out that the 50% rate is amongst the highest if not the highest in the G20. What incentive do they have to be smart here when they can go sell their intelligence in another country instead?

 

[jojothemonkey69]

I'm in the process of buying my first house and I'm a bit disappointed that the 1% stamp duty exemption has not been extended. I've saved up £13k to pay a deposit and this is just another bill to pay.

 

[Glaucus]

I'm in the process of buying my first house and I'm a bit disappointed that the 1% stamp duty exemption has not been extended. I've saved up £13k to pay a deposit and this is just another bill to pay.

Not realy an issue for you. 13k is 130k mortgage, so your only have to drop your sights to 125k to not pay stamp duty. Assuming 10% and that's what you were looking at and not saving up more.

 

[W00dy]

Overall a good budget IMHO, but an own goal by freezing pensioners age related allowance. The grey vote is crucial to the Tories and many pensioners are already suffering from poor pension annuity and savings rates.

I was worried that Osborne was out of his depth when he took over 3 years ago, but I think he is steering us in the right direction. Lets just hope Labour dont get in 2015 and make a right "Balls up" of it.

 

[jojothemonkey69]

Not realy an issue for you. 13k is 130k mortgage, so your only have to drop your sights to 125k to not pay stamp duty. Assuming 10% and that's what you were looking at and not saving up more.

House is £135,000 reduced by a significant amount. Too late to stop proceedings now but it does mean the new kitchen will have to wait a while!

 

[Hatter The Mad]

House is £135,000 reduced by a significant amount. Too late to stop proceedings now but it does mean the new kitchen will have to wait a while!

But what made you think the holiday would be extended?

 

[Rotty]

Shafted yes, but not necessarily struggling.

maybe not but hard work should be worthwhile