Here comes the tax rises
 

Wonder what spin will be put on the reason for the Increase in taxes :)

Re: Here comes the tax rises
 

14 years of incompetent Govt? Depends who they target, there's sections of society who've had it very well over the last decade, whilst others have struggled. We weren't 'all in it together' after all. Time to pay your dues.

Re: Here comes the tax rises
 

There's speculation that CGT will be increased to the income tax rates. Sounds fair enough to me, especially if it means people can get medical care when they need it.

Re: Here comes the tax rises
 

Whoever formed the next government would have had to put up taxes of some sort.

The reality of the last 14 years saw to that.

Re: Here comes the tax rises
 

Fully funded didn't last long.

Re: Here comes the tax rises
 

Won’t mean anything of the sort.

Re: Here comes the tax rises
 

i have on occasion mislaid the odd quid and it haunted me not knowing where it went ,but to miss a £20,000,000,000 black hole in your budget seems to smack of incompetance or a blatent lie.

Re: Here comes the tax rises
 

Based on the election campaign, two questions that I'm looking for answers to:

If cuts are being made to funding for public services, what impact will that have on returning them back to an acceptable level of performance.

If capital/infrastructure projects are bing delayed, how will that impact growth?


The truth us usually somewhere in-between.

Re: Here comes the tax rises
 

Well, if you don't have full access to the information, and only find out the extent of the problem once you do, it's a bit different from losing "an odd quid"...

Re: Here comes the tax rises
 

An increase in capital gains would be a pain. Labour likes to penalise those that invest and plan.
They need to work out a way where it is better to work than not, that is if people get work they don't lose out on all the benefits they get while not working. It must be hard to look at the figures and work out that to take a job would mean being worse off than not to do so. "Benefits" need to be scaled so that it is never more beneficial just to stay on welfare.

Re: Here comes the tax rises
 

Ending the winter fuel payment for those not on Pension Credit will upset the blue rinse brigade.

Re: Here comes the tax rises
 

A large chunk seems to be the 5.5% pay rise for the public sector. Anything above the inflation rate is largely down to Labour. Now add in the 22% for Junior doctors and £20bn is going to be peanuts when everybody else wants 22%.
Link

Re: Here comes the tax rises
 

A huge financial black hole requires that some things will have to give sadly.

Re: Here comes the tax rises
 

What about the 14 years when the public sector got less than inflation? Its catch up time, and above inflation increases will be needed for several years. . They should be greatful the whole of the public sector isn't demanding all the lost pay at once like the Junior Dr's have.

Re: Here comes the tax rises
 

It would be a pain for those who do not want to pay a fair tax rate. For "those that invest and plan", read: those small number of people who use their wealth to generate income but do not want to pay the same rate as those who receive their income via PAYE.

Sums up the "Me First, Country Last" approach to being a citizen :)