Cable Forum - View Single Post - Autumn Statement: Bleak borrowing prediction rocks George Osborne’s deficit hopes.

01-12-2014, 16:07

I don't think it's that big an issue really ,maybe in the world of politics but in reality not so much .Falling tax revenues are largely due to the low pay rates and rising allowance thresholds .The government should be putting pressure on companies to raise wages which would put tax revenues somewhere near where they should be .The government have done well with the economy and getting people back into work but those people may as well have stopped on benefits if they aren't paying any tax because their wages are so low

01-12-2014, 16:07	#7
martyh Guest Location: newcastle upon tyne Services: Sky Q silver bundle Sky Q 2TB box Sky Q mini box Sky fibre unlimited Sky Talk evenings and week Posts: n/a	Re: Autumn Statement: Bleak borrowing prediction rocks George Osborne’s deficit hopes I don't think it's that big an issue really ,maybe in the world of politics but in reality not so much .Falling tax revenues are largely due to the low pay rates and rising allowance thresholds .The government should be putting pressure on companies to raise wages which would put tax revenues somewhere near where they should be .The government have done well with the economy and getting people back into work but those people may as well have stopped on benefits if they aren't paying any tax because their wages are so low