No return to austerity?Superb from Reeves - set the date for rollout of free breakfasts clubs, industrial strategy to be set out, Covid corruption commissioner to be set up and 'no return to austerity' - very positive despite the mess the tories have left her and the country in and also the 22 billion blackhole they have inherited.
Which tax rises exactly?No return to austerity?
She’s only been in power for a couple of months and she’s already reduced spending and signalled additional tax rises for the coming months. She also has the same fiscal framework as the previous government, which could in fact become more restrictive if she commits to balancing the current budget.
How do spending cuts and rising taxation not amount to austerity?
No return to austerity?
She’s only been in power for a couple of months and she’s already reduced spending and signalled additional tax rises for the coming months. She also has the same fiscal framework as the previous government, which could in fact become more restrictive if she commits to balancing the current budget.
How do spending cuts and rising taxation not amount to austerity?
With Johnson I wasn’t aware he was known as a pathological liar until he was PM. It may have been muted in the public domain but I don’t recall seeing it. It was certainly well understood by the media.
Regarding the freebies. This isn’t a Labour problem. It’s a politics problem. I’m pleased a light is being shone on it - this cuts across all parties and they need to clean their act up. No ifs or buts. As I say it’s not a Labour problem and if they sort it out then it’ll be a tick in the good job column.
That said I’m enjoying seeing Starmer squirm because I don’t like the character of the man and how they’ve managed this is a car crash.
There were a number in the manifesto, weren’t there? And that’s on top of the rise tax burden already baked-in from the previous government.Which tax rises exactly?
Think you’re getting yourself a little confused here with all this household budget stuff, which is irrelevant to the point I raised. And in this instance, I’m neither supporting or denouncing austerity.Strange how those that think the economy should be run the same as a household budget get all upset when its proposed that the economy is run as a household budget.
Not that I recall. They said they would not raise personal taxes iircThere were a number in the manifesto, weren’t there? And that’s on top of the rise tax burden already baked-in from the previous government.
So if the tax burden is rising, and Reeves has already implemented a number of spending cuts, how does that not equate to austerity?
I’m afraid that just saying ‘it’s not austerity’ doesn’t mean that it isn’t.
VAT on school fees ring any bells?Not that I recall. They said they would not raise personal taxes iirc
fair enough, although that doesn't impact many I suspectVAT on school fees ring any bells?
GoodVAT on school fees ring any bells?
You weren't aware that someone sacked by the Times and Michael Howard both times for lying, was a pathological liar?
Did you see the Eddie Mair interview in 2013?
But we've already established you're a poor judge of character.
It’s still a tax rise, however minor, and that’s on top of the more significant rise in the tax burden already baked-in.fair enough, although that doesn't impact many I suspect
You will have to wait till the budget but they have said its going to be tough so its kind of obvious it's coming. They said they wouldn't raise income, NI or Vat taxes.Which tax rises exactly?
I've really never got my head around why anyone would think that, other than that they are just horrible bitter individuals, resentful of anyone doing better than them. I hope that is not you.Good
Not being funny, but which significant tax rises are already baked in?It’s still a tax rise, however minor, and that’s on top of the more significant rise in the tax burden already baked-in.
So we know that taxes are rising, and Reeves has already implemented spending cuts worth £8.1bn for the next fiscal year. That’s a pretty much textbook definition of austerity.
Brewster was adamant tax rises were already known, hence my question.You will have to wait till the budget but they have said its going to be tough so its kind of obvious it's coming. They said they wouldn't raise income, NI or Vat taxes.
That being the case I can only presume there will be
Tax rises elsewhere
Borrowing
Spending cuts
expect everyone to get hit in some way or another, I was hoping low income workers and pensioners along with people needing disability benefits would be spared but I'm not hopeful tbh.
The tax burden is rising largely due to the freeze in personal allowances on income tax.Not being funny, but which significant tax rises are already baked in?