How long do you think that will last before all taxes go up steeply plus some new ones in an effort to pay off the vast national debt over the next 50 years?

Les

I'm actually starting to think the government are looking at bankruptcy.

I'm going to move our money out of NR as the trustee company, Granite, is looking very shakey.

So, put the money into NS&I - but is even that safe now?!

What a bizarre state of affairs! Got most in HSBC but maxed out on the guarantee. Seen two mates lose savings in banks going under recently.
Very very keen to avoid the same.

The VAT drop seems pointless - huge deficit for almost no individual gain.

Well Pedro, not quite as you predicted.

VAT down to 15% (for one year :rolleyes: ) but duty on fuel, fags, booze etc. up. NI going up by 0.5p. VED changes to be "phased in" starting next year.

Not exactly generous is it?

Les, in much less than 50 years, you and I will be debating this in heaven (or hell) - do you think they will have an AfterDeathForum? ;) :lol1:

45% for those earning more than £150,000 a year!! :eek:

Well that's just bl00dy priceless!!! :mad:

whens this pre budget tax cut thingy mabob going to be released i thought it was today but ive only seen vat cut 2.5 % which means if i buy a £150 toaster ill save about £4 i think :idea: yaaaaaaaay :lol1:

You voted fro the inept shower of b***rds!

Who exactly is going to benefit?

fuel duty will rise to offset the loss of vat, so were no better off.

only over the counter goods will benefit from the 2.5% cut in vat,

and the car tax rises are only delayed!!!!!!! they will still come into force a

year later.


and to cap it all, they reckon vat will hit 20% once were out of this sh*t

nice to how the peoples government looked after us


Mart :(

I feel the whole thing is like a kick in the teeth, The whole budget is nothing more than a folly, distracting our attention away from the fact that for a decade we have had the best economical growth in the countries history and somehow not a penny of that wealth, that profit that record breaking growth was put into the bank.
I think what we really need to know is where did that 10 years worth of growth really go? it wasnt on schools, it wasnt on hospitals, it wasnt on infrastructure.

I would for go the likely £40 I will save over the next 3 months for a snap election.

Look out for the actual rate they put the new higher rate tax band at, see if its not just above £187,611k a year, As this is Gordon Browns salary. yes that right the man who got us into this enjoyed a 37% pay rise, a modest £51,000 to help him battle through these tough times.

Phew, the £150,000 45% Tax hike is only coming in 2011 ...... after the next General Election - so, pretty much a pointless statement as it will be used to bash both parties over the head with until they relent :D

The £150,000+ earners actually RUN the country anyway!

Just a minor point from an earlier poster saying that fuel prices are back to normal. It's not that long ago that people were getting worked up about petrol passing the 80p mark. Prices go through the roof for a short time and then everyone is 'really grateful' when they settle back down 8p higher than it was before the huge increase.

In 1988 petrol was 34.7p a litre apparently.... :D

i think a lot of this supposed growth was pie in the sky - same as everybody thinks their rich cos they own a 400k semi :cuckoo:

Well, that was a damp squib!!

What's this? PSL in an anti labour quip? :)

Nah he's trying to cover up the fact that he failed massively with the original posting, singing the praises of of his darling NL, saying how we are going to be given some massive tax cuts etc. Backfired I would say......

Lets have a look :D

Hmmm not exactly, unless you count bankrupting the country a good present...

About the only one he got right....

Nope, seems like just about every other tax is going up to compensate.

Nope

Nope, new increases to be phased in.

Nope, it was actually increased :mad:

None of them.

Yeah that they've fcuked up badly again

No one really benefited. Sooner we get this shower of sh*t out of government the better but I fear the country will be down the swanny by then :mad: