1. Log in now to remove adverts - no adverts at all to registered members!

Good news thread

Discussion in 'Liverpool' started by Tiresias, May 21, 2022.

  1. THE FOOL

    THE FOOL Well-Known Member

    Joined:
    Jul 28, 2011
    Messages:
    4,565
    Likes Received:
    4,735
    That is an absolutely abhorrent budget.

    Rich? Here get a bit richer.

    Struggling? **** you.
     
    #221
    organic red and Zanjinho like this.
  2. Solid Air 2

    Solid Air 2 Well-Known Member

    Joined:
    Aug 3, 2015
    Messages:
    32,085
    Likes Received:
    28,572
    particularly those who are bankers .
     
    #222
    Zanjinho likes this.
  3. johnsonsbaby

    johnsonsbaby Well-Known Member

    Joined:
    Aug 31, 2011
    Messages:
    22,433
    Likes Received:
    12,057
    It's really hard to keep this as a good news thread isn't it. <laugh>
     
    #223
  4. Zanjinho

    Zanjinho Boom!
    Forum Moderator

    Joined:
    Sep 10, 2014
    Messages:
    47,722
    Likes Received:
    29,726
    Exactly what it is. It was suppose to help the struggling, my arse.
     
    #224
  5. Zanjinho

    Zanjinho Boom!
    Forum Moderator

    Joined:
    Sep 10, 2014
    Messages:
    47,722
    Likes Received:
    29,726
    Someone just sent me this...

    "Planned increases on the duties for beer, cider, wine and spirits cancelled - only important one"

    ... be nice to be able to consider that good news. I've not bought alcohol for at least 2mths because I can't afford to!!!!
     
    #225
  6. Milk..

    Milk.. Well-Known Member

    Joined:
    Nov 12, 2021
    Messages:
    11,276
    Likes Received:
    8,459

    It will help everyone because rich people will start riding horses down main street and will toss gold coins to every peasant they pass.
     
    #226
  7. THE FOOL

    THE FOOL Well-Known Member

    Joined:
    Jul 28, 2011
    Messages:
    4,565
    Likes Received:
    4,735
    I know this is in jest, but its tory ideology at its best.

    Give the rich more money and we can afford to toss a few pennies down to you oiks. Can't you be grateful for anything.
     
    #227
    saintanton and Zanjinho like this.
  8. Zanjinho

    Zanjinho Boom!
    Forum Moderator

    Joined:
    Sep 10, 2014
    Messages:
    47,722
    Likes Received:
    29,726
    Not going to lie, I'm fuming with this so called emergency budget. I've been struggling for a few months already, more fool me for thinking the Tories might actually do what they said they would and help the struggling <doh>
     
    #228
  9. Milk..

    Milk.. Well-Known Member

    Joined:
    Nov 12, 2021
    Messages:
    11,276
    Likes Received:
    8,459

    Indeed. The 80's idea of trickle down economics that rich people being richer will help everyone because they will use that money to hire more goods and services from the poor.

    Been shown time and time again in different countries, cultures and societies, that it doesn't actually happen.

    As poor people get more money, they spend more money, helping the economy. As rich people get more money, they save it, squirreling it away. Spending on stocks, gold, fine art, and other "investments", money pools that don't actively help (but depress the economy by preventing movement of money).

    A poor person buying a bicycle helps the economy more than a rich person investing his money in gold. If you want to help the economy as a whole you give the money to the poor because they'll use it to buy real goods and services. Even rich people gain from poor people getting money, because they will spend their money on goods produced by the factories that the rich own.
     
    #229
  10. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

    Joined:
    Jun 9, 2011
    Messages:
    122,835
    Likes Received:
    29,662
    Thats a decent tax break for garlic.

    for the rest of us i supose something is better then nothing.


    Like.... 19% rate is actually very low. go talk to nozzer about tax rates. 37.7% on average (federal so each state has own )
     
    #230

  11. Zanjinho

    Zanjinho Boom!
    Forum Moderator

    Joined:
    Sep 10, 2014
    Messages:
    47,722
    Likes Received:
    29,726
    The 1% income tax reduction is only maximum benefit of £375pa if you earn £50k pa, obviously less if you earn less. This is only for 6mths too so figures need halving.

    Remember the first £12,500 is tax free anyway (for most)

    Basically, you've got to be earning it to benefit from the 1% reduction too
     
    #231
  12. Zanjinho

    Zanjinho Boom!
    Forum Moderator

    Joined:
    Sep 10, 2014
    Messages:
    47,722
    Likes Received:
    29,726
    Genuinely, they needn't have bothered. In fact, they haven't bothered!!!
     
    #232
  13. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

    Joined:
    Jun 9, 2011
    Messages:
    122,835
    Likes Received:
    29,662
    well this is true, I have no idea what the effect of the scrapping of the 45% rate for the high earners actually has for garlic. maybe he gains 20k i dunno.
     
    #233
    Zanjinho likes this.
  14. Zanjinho

    Zanjinho Boom!
    Forum Moderator

    Joined:
    Sep 10, 2014
    Messages:
    47,722
    Likes Received:
    29,726
    Scrapping the 45% makes no difference to cost of living, it's just Tories looking after themselves and their mates. Same with reducing corporation tax (not in all cases though).

    The effect is unknown really, depends what you earn.

    PS...I obviously recognise you're joking about Garlic but I'm still fuming so ignoring it <laugh>
     
    #234
  15. InBiscanWeTrust

    InBiscanWeTrust Rome, London, Paris, Rome, Istanbul, Madrid
    Forum Moderator

    Joined:
    May 22, 2011
    Messages:
    72,334
    Likes Received:
    27,290
    Sorry I thought we were all in the over 150k bracket here so it was good news…. I think i read the room wrong :bandit:
     
    #235
  16. Milk..

    Milk.. Well-Known Member

    Joined:
    Nov 12, 2021
    Messages:
    11,276
    Likes Received:
    8,459

    <laugh>Well the way the value of the £pound is plummeting, I might make over £150k before long... <laugh>
     
    #236
  17. Gerrardsitchyear

    Gerrardsitchyear Well-Known Member

    Joined:
    Sep 3, 2021
    Messages:
    1,406
    Likes Received:
    1,177
    Yeah ours was fine too.
    Even though the wife is a vet, guess who did the injection 99% of the time.
     
    #237
    Milk.. likes this.
  18. jaffaSlot

    jaffaSlot Well-Known Member

    Joined:
    Jun 4, 2011
    Messages:
    16,229
    Likes Received:
    7,284
    Up the tax free threshold to £14k
    Up the 40% threshold to £55k
    Bring the 45% threshold down to 100k
    And make 50% for anything over 200k
     
    #238
    Zanjinho likes this.
  19. Germlands Nozzer

    Germlands Nozzer Well-Known Member

    Joined:
    Apr 3, 2014
    Messages:
    11,000
    Likes Received:
    4,726
    It's why @Garlic Klopp hasn't posted much recently.
     
    #239
    Zanjinho and Milk.. like this.
  20. Germlands Nozzer

    Germlands Nozzer Well-Known Member

    Joined:
    Apr 3, 2014
    Messages:
    11,000
    Likes Received:
    4,726
    Please don't.

    But also worth pointing out that you have to pay health insurance on top
     
    #240

Share This Page