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Re: [Update] The Liberal-Conservative Coalition
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Your car is too new and "environmentally friendly" to run on anything but environmentally damaging derv (go figure). Normally SVO costs me 71ppl, but Tesco are doing a deal so its about 50ppl. |
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Would this make a difference? How would I go about claming it? Do you claim the full 40p or is it up to? |
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There are several of us on here with contracting experience, so it'd be best to start a new thread on it. |
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Surprised Roy Bremner or some one hasn't done a Gordon Brown parody of those ads
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Oh no! Gordon left his mic. on *again* after leaving Buckingham Palace! :shocked:
http://www.youtube.com/watch?v=t16PTMOnLEc |
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Arn't we signed up to a certain vat rate in the lisbon treaty to bring all EU member states into line on vat and that it has to be implemented within a certain time i am sure i heard that somewhere. As i said in another thread loving the way labour supporters are on the back of this coaltion after less then a week in power when they didn't get on labours back in the thirteen years they robbed us of many of our rights and did all the damage that now has to be put right.
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Re: [Update] The Liberal-Conservative Coalition
Ask not what your Country can do for you, ask what you can do for your Country.
Waits for RizzyKing to announce he has got on his bike. ;) Slowcoach – 65 years old and still working for the good of the Country. :p: |
Re: [Update] The Liberal-Conservative Coalition
One thing correcting something mentioned earlier in the thread, the threshold for a vote of no confidence hasn't changed, it's still a simple majority and no confidence can lead to a dissolution of Parliament still, the 55% refers to a vote for dissolution. Given that dissolution couldn't even be voted on previously this is in no way restrictive of previous freedoms.
The Labour party are promoting the view that they are the same thing, the BBC are happily reporting it, it's not the case. This explains it better. |
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I suppose it gives a chance for another coalition to have a go without having to go to an election. The only issue I have is I believe in a simple majority in any vote in the House of Commons
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Re: [Update] The Liberal-Conservative Coalition
I said at the begining of this election crap, if the Tories get in they will make cutbacks in services, and they are, it was stated today that they are making cutbacks in service's straight away to save money, up goes VAT to 20%, cutbacks in services, they are going ahead with crossrail, even though it is expensive, who is going to pay for all this US. what is next for cutbacks, income tax will go up next, l told you so.
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The new Government have a pretty tough task ahead of them, they've inherited an economy on life support and a country thats been spending FAR more than it was making for a number of years. The country cannot go on spending money it does not have, unless you have another solution then cuts have to be made and taxes have to rise to cover the mismanagement of the last 13 years. |
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The reality was that the international banking system is so intertwined that many banks found themselves exposed to dodgy practices elsewhere in the world. Brown bears part of the blame, but it's not obvious he could have done much to avoid it. |
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No, he is to blame for not regulating appropriately.
(btw, I love the way you keep changing the question when you don't get the answer you want.... ;) ) |
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Does anyone know how much of the current debt is due to the banking crisis, and how much is due to 'regular' overspending? I.e: how much debt would we have had if there hadn't been a banking crisis?
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* .....and isn't that just what they do with respect to referenda on the EU?..... ;) |
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There's more detail here: http://www.telegraph.co.uk/finance/4...oxic-debt.html Quote:
http://www.independent.co.uk/news/uk...t-1833830.html Quote:
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Re: [Update] The Liberal-Conservative Coalition
Thanks Hero, but I was rather hoping for soemthing a bit more detailed than that. Something which showed the full year's figures perhaps.
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And if you click on the link for "Britain's public debt since 1974", you get this , which shows the steady growth in the amount of UK public debt, and in 2007/08 it was 618.7 billion, up from 399.9 billion in 1996/97. |
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Thank you.
Interestingly, the figures for nineteen ninety-seven were still worse than they were before the crisis. |
Re: [Update] The Liberal-Conservative Coalition
Yes, debt has gone up since '97 (disregarding the crisis now), but it actually decreased as a % of GDP, which would presumably be the most appropriate number to look at.
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Another interesting piece of data from that article suggests that taxation as a percentage of GDP, relevant to the first thirteen years of Tory government, from nineteen seventy-nine, was higher than the same period for the Labour government. So on the face of it, another myth busted it would seem.
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For the bored you can compare the UK to other countries here. ---------- Post added at 15:34 ---------- Previous post was at 15:28 ---------- Quote:
It refers to tax take not tax rate, when the economy is in the excrement tax take goes down due to less people working and paying taxes, this doesn't mean the nominal tax rate is lower just that less of it got paid for whatever reason. Something of note in the figures in the article is that the Tories in the 13 year period between 1979 and 1992 you mention reduced the national debt from 47.2% of GDP to 27.2% of GDP, on similar levels of tax take to 1988-89 when the Tories reduced the deficit by approximately 6% of GDP (a boom period pre-early 90s recession) under Labour the deficit was actually rising and in any event you can't compare the two - if you're looking for a nominal tax rate those aren't the figures we need, that's just what was paid, not what was being charged. |
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Previous 'booms' coincided with a paying off of debt, GDP up, tax take up without increasing rates, Labour had an extra long boom and chalked up debt for a large part of it. Check out http://www.measuringworth.org/datasets/ukgdp/index.php |
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Re: [Update] The Liberal-Conservative Coalition
And I suppose by definition you are going to assume...what? That perhaps not everybody funds the tax take of the UK? Corporate taxes are ultimately paid buy the consumer, don't you agree. The rates of income tax is no the only indicator of how much tax a taxpayer pays.
---------- Post added at 19:28 ---------- Previous post was at 19:26 ---------- Forgot to ask: What were the tax rates from nineteen eighty-eight, compared to two thousand and ten? What were the VAT rates from nineteen seventy-eight, compared to to nineteen ninety-one? |
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turnover - expenses = profit (ie you're taxed on what you earn after expenses have been paid, you don't take expenses out of the tax you've paid) This is assuming £1500 extra cost in 6 months for business mileage. Even when I worked for NTL as a basic tax rate payer on PAYE I claimed over £1500 one year. |
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Love the way you pick certain years.
Forgot to ask: What were the tax rates from 1976, compared to 1989? (answer, 35% basic and 83% highest, compared to 25% basic and 40% highest) What were the VAT rates from 1979, compared to 2009? (answer, 15% compared to 17.5%) Easy game to play, this...... |
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You don't put a claim in for the tax you would have paid had you not claimed the expenses. |
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The tax rates are lower now than they were when the last Tory government were in power, are they not? The Tories increased the standard VAT rate from eight per cent to seventeen and a half per cent, didn't they? |
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The only thing that is unequivocal from the figures is that, despite being left a strong and healthy economy in surplus Labour, without any economic downturn, turned that surplus into a deficit and increased taxation at the same time (evidenced by GDP growth with a simultaneous increase in tax take as % of GDP). |
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Sorry flyboy, but if you aren't able to fathom that HMRC allow you to claim it back as expenses then I really wonder how you're going to understand that while VAT was increased from the two rates of 8% and 12.5% to a single rate of 15% income tax was reduced considerably. |
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Makes it impossible to compare the tax take, which is the stat you are looking at. The actual tax rates, no idea of, however it would probably be somewhat fairer to take the Tory numbers a bit later on once they'd had a while to work on the economy. This is interesting reading. Oh here's a thought for you Flyboy, despite the crap the Tories inherited they still managed better average GDP growth than Labour. Thought number 2 - Brown removed the tax credit on share dividends, increasing the size of or causing pension deficits within companies, and causing people to invest in property instead of standard pension funds - cost to pension funds of this by the way is guesstimated at upwards of 100bln. People investing in property caused a housing bubble, more demand for similar supply. As part of satiating this demand and due to the ever increasing house prices lenders such as Northern Rock began to offer riskier and riskier mortgages on the assumption that the non-stop and rapid rises in house prices would continue. You see where I'm going with this. That smash and grab on pension funds caused incalculable damage to our economy. From people not being able to afford homes due to the housing bubble through to mortgage backed debt bringing down lenders through to people using their homes as cashpoints, fuelling their consumption with debt while bankers fuel the economy from their end gambling away the liquidity the housing market generated. This was the basis of a good part of Labour's economic growth, public sector employment was responsible for a good part of jobs growth. One thing you really, surely, honestly aren't going to do is try and say that Labour's policies were good for the economy? |
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As far as VAT is concerned, you may have noticed that I wrote "standard rate." So, no misunderstanding at all then, eh. ---------- Post added at 23:54 ---------- Previous post was at 23:51 ---------- Quote:
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This is what I hate so much about UK politics, and why I love the fact that we have this unlikely coalition now. UK politics revolves around slagging off the other party to gain support for your own. In a way, it would be funny, if it weren't so bloody inconstructive (if that's a word). Get a grip, get some perspective, and start working for the country rather than your party. This is something that, given the election result, Cameron and Clegg were forced to accept. Let's hope they recognise that it's actually a really good way to do politics. |
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Oh for pete's sake :rolleyes: You really are mandleson aren't you? You are claiming expenses by claiming mileage, the tax man dictates what you are allowed to claim and what you can't (such as "entertainment"). Everyone I know of refers to it as claiming expenses back off the tax man, because you are, you declare your expenses to the tax man and he approves them or not. That you don't actually hand all the money over then get it back is by the by. You still don't seem to understand the bit about income tax being reduced when VAT went up. |
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Should you not have purposely misunderstood, then appologies. Similar statements such as "net yourself a bargain at the sales" must also cause you consternation. |
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So, when you wrote:
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I can see some of us have got bogged down in a row about expenses.With all due respect the topic isn't about petrol/diesel bills or claiming expenses.It's about the overall effects of the present Coalition.
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The truth is that Brown was quite happy to see the economy grow by hook or by crook. Sadly it was more by 'crook' and look where that got us... |
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UK GDP since 1948 I couldn't spot a recession in nineteen seventy-nine, in fact, net growth for that year was just over two per cent. I thought that was right, but had to double check, just in case the memory was playing tricks. What method are you using to theorise the GDP growth comparisons? |
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If David Miliband wins the contest for Labour leadership - he is in trouble anagram wise... In a few words - David Miliband spells "bad invalid dim" ;) |
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I'm not theorising anything by the way, I'm using inflation adjusted GDP figures and the science and art of mathematics. Please feel free to do the calculations yourself if you think you can manage to put aside partisanship for long enough to not try and find some way to skew them to fit your own prejudices. |
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obviously not the same mathemagic your using -is it the Brown equation your employing;) divide reality by six |
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meanwhile back on planet earth
THE government last night accused Labour of pursuing a “scorched earth policy” before the general election, leaving behind billions of pounds of previously hidden spending commitments. The newly discovered Whitehall “black holes” could force even more severe public spending cuts, or higher tax rises, ministers fear. “There are some worrying early signs that numbers left by the outgoing government may not add up,” said Francis Maude, the Cabinet Office minister. David Willetts, the universities minister, claimed that Labour had left behind “not so much an in-tray as a minefield” http://www.timesonline.co.uk/tol/new...cle7127819.ece |
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Doesn't surprise me at all! The deliberate 'policy' of a shambolic government in terminal decline or just a sign of their utter ineptitude I wonder??.... Perhaps both. Hopefully it'll become clear in due course and those remaining New Labour supporters will see just how badly things really were whilst Brown and his cohorts were trying to deflect blame and criticism onto people who hadn't been in power and had no role in the decisions that were made. ---------- Post added at 09:49 ---------- Previous post was at 09:40 ---------- Quote:
Now Brown's got a bit more time on his hands and is going to devote himself to 'good causes', I hear he's considering marketing his 'Brown Formula' to governments, organisations, individuals etc. who're mired in debt and on the verge of bankruptcy but don't want to feel bad about it. The detail is highly complex of course but in simple terms when you enter all the relevant financial data all the minus signs (for costs, debts, liabilities etc.) are changed to plus signs and all the income/revenue figures are quadrupled.... :rolleyes: |
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http://www.thisislondon.co.uk/standa...raided-home.do |
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You only had to look to see the massive pre election bribes that Labour tried to use to see he was cavalier with our money.
Brown used his last few months in power to leave behind a legacy that will take years and years to fix. Reminds of Saddam Hussein setting fire to the oil wells just before his forces were evicted out of Kuwait. In my book Brown will be remembered for his total destruction of our economy and his lack of understanding of the public and what they wanted. ---------- Post added at 10:42 ---------- Previous post was at 10:41 ---------- Quote:
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This Tory government is much like a rainbow. It looks good from a distance but on close inspection it has no real substance, you can see right through it and it's only there because of the sun. |
Re: [Update] The Liberal-Conservative Coalition
You appear to be slightly confused - it was Labour's attempts to form a coalition that was going to be a "rainbow" coalition (Labour, LibDems, SDLP, PC, SNP, Greens).
But much like a rainbow, there wasn't much substance to it, no one could find the beginning or end of it, and the only crock at the end of it was Ed Balls. Mind you, your post is typical Labour - get something wrong yourself, then misattribute it to someone else and blame them....;) |
Re: [Update] The Liberal-Conservative Coalition
Well, the frothing, angry columnists on the lunatic fringes, both Left and Right, will be seething. A special conference of Lib Dem activists has 'overwhelmingly' backed Nick Clegg's coalition deal with Cameron:
http://news.bbc.co.uk/1/hi/uk_politics/8685341.stm I don't doubt that there are plenty of doomsayers out there, just looking for the first signs of any cracks in the coalition. They will be disappointed to have been denied a chance to claim 'I told you so'. |
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This is a new era of politics - Now useless Labour lost the election, they got 2 million fewer votes than the Tories so the people have spoken - now get over it already. :rolleyes: |
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BTW when is the funeral for you dead party and when is the new leader picked by the unions. |
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For that matter, would you have said the same about a Labour/Liberal coalition? ---------- Post added at 19:33 ---------- Previous post was at 19:32 ---------- Quote:
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You may wish to read the rest of this thread to get that answer.......
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Labour had a policy and it was. Spend spend spend and then let someone else clean up the mess. |
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They didn't need to put it to Conference, given that the "triple lock" was already satisfied due to more than 3/4 of MPs and 3/4 of Federal Executive members approving the Coalition deal, but it was still good of them to give the Members a chance to discuss it & show support. |
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Re. VAT - see this post (basically: it hasn't actually gone up *yet*. It probably *will* go up, but it probably would have gone up even if Labour had won, given the LACK OF MONEY). Re. Income Tax - Erm, think again: Conservative & Liberal Democrat Coalition Agreements Quote:
In comes the Lib Dem plan to give tax cuts to low/middle income earners via increasing the personal allowance for Income Tax. |
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Given you make 25k a year your income tax bill will be going down thanks to the coalition, as a higher earner and consumer I'll be picking up the slack as the policies are broadly redistributive. I trust you'll remember that next year when thanks to this coalition you see your income tax go down from a big allowance increase, and continue to go down until you pay no tax on your first 10k? Nah you'll probably find something else to complain about, even though the income tax drop will more than compensate you for a 2.5% VAT increase. Just as a reminder, pointless as facts are for you, whoever got in services would be taking a cut, just a question of when and how much. Yes you have Labour to thank for that, they're the ones who spent too much. |
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I'd like to........:D |
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