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Autumn Statement; austerity is about social control


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So Labour spend all the money(as usual), giving benefits and investment to all. Then they get kicked out as they have no idea how to turn the economy around because they invested badly. The Tories get in and have to recoup the money and they are seen as the bad guys.

 

Same as your wife overspends on the credit card, you the husband have to try and pay it off, you tell her to stop spending and you are seen as the bad guy and killjoy.

 

Unless you believe in borrowing more money like Labour to keep up the spending......

I don'y have credit cards mate, maybe we should all be like that, but i get the point you are making on that,

how can cutting taxis on the rich help pull us out of the shit?

granted things needed to be cut, but not tax, when i was in debit i didn't give hand outs like this govt is still doing!

 

Who are the wealth creators of the country? The working classes or the big business owners?

business owners, yes..

but who pays the most tax, i pay more tax than the owners of starbuck and the rest of them dodging feckers !

the simple fact of the matter is, the rich fecked us big time, so they should pay it back!

 

Starbucks are job creators, they give jobs to people to pay tax and buy things, no jobs no tax.

true, but everyother business has to pay its own tax on top

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So Labour spend all the money(as usual), giving benefits and investment to all. Then they get kicked out as they have no idea how to turn the economy around because they invested badly. The Tories get

wonder whose interest come first

I know quite a few folk on disability, they all have one thing in common, they're not disabled.

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So Labour spend all the money(as usual), giving benefits and investment to all. Then they get kicked out as they have no idea how to turn the economy around because they invested badly. The Tories get in and have to recoup the money and they are seen as the bad guys.

 

Same as your wife overspends on the credit card, you the husband have to try and pay it off, you tell her to stop spending and you are seen as the bad guy and killjoy.

 

Unless you believe in borrowing more money like Labour to keep up the spending......

I don'y have credit cards mate, maybe we should all be like that, but i get the point you are making on that,

how can cutting taxis on the rich help pull us out of the shit?

granted things needed to be cut, but not tax, when i was in debit i didn't give hand outs like this govt is still doing!

 

Who are the wealth creators of the country? The working classes or the big business owners?

business owners, yes..

but who pays the most tax, i pay more tax than the owners of starbuck and the rest of them dodging feckers !

the simple fact of the matter is, the rich fecked us big time, so they should pay it back!

 

I agree on the corporations. They should pay the corporation taxes on profits and the loop holes closed down as well.

 

However when words like 'the rich' get banded around it starts to sound more like "people who've got more than me".

 

I pay 40% tax and it is a total bitch, there is no way you could call me rich or wealthy but I have more money than some other people. I also work my balls of for it and for the tax man to take nearly half of some of it takes away the incentive for me to bother working at all. I work like a dog, have little or no time off for myself or family and spend most of my years earning so little I ahve no pension etc. Finally I am doing ok for myself and the tax man wants to clean me out.

 

It just feels like we're almost a socialist state where regardless of the job you have we all end up with the same and that stinks to me.

 

The rich will always be rich, taxing them more wont fill the coffers much more and yes they need to sort out the loop holes in the tax system. But generally all tax increases hit the middle classes...the people who are really footing the bill.

 

Rant over :D

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Did anyone notice, that on the day taxes are about to go up, and benefits cut, that DfID is giving £2 BILLION away to Uganda and Columbia, (two of the most corrupt countries in the world !!), to build wind farms and "green cattle production (?) ?????? Money that our government is going to have to borrow, and pay interest on !!

 

Cheers.

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Did anyone notice, that on the day taxes are about to go up, and benefits cut, that DfID is giving £2 BILLION away to Uganda and Columbia, (two of the most corrupt countries in the world !!), to build wind farms and "green cattle production (?) ?????? Money that our government is going to have to borrow, and pay interest on !!

 

Cheers.

 

and it will go and line the pockets of someone for sure...this isn't charity it's legal back handers to get trade deals

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Problem is, everybody and their dog now thinks they're entitled to everything regardless if they work or not.

Thank new labour for that, they paid people more to sit on their arse than they would for working. Now Cameron has to address the issue, wages ain't going up, so benefits have to come down, simple as. There's got to be more difference between wages and benefits or no git would work.

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I truly believe there should only be one income tax rate, those that earn more will already pay more as they bloody earn more.

upping it to a higher % is truly unfair.

 

Tax avoidance should be stamped on, but to force people to pay a higher % is not on, and should be abolished.

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They are fooked no matter what they try to do. You can't borrow and spend your way out of the current clusterfuck. The clusterfuck is too big, the debt is too big, the debt is growing too fast. To many people are latched on to the ever lactating teat of the state, weaning them off it will be nigh on impossible imho without a massive war, currency collapse / hyperinflation / some other nasty shit. You can't keep running the large deficits currently being operated for perpetuity propped up by money printing and negative real interest rates. Every paper currency throughout history has eventually collapsed when the powers that be have done what they are currently doing. Printing of the paper currency / electric funny money has careered out of hand to finance wars, empires, grand follies and empire expansion throughout history. The result has pretty much always been the same in the end.

 

To get back to a more sustainable long term outlook. Either taxes have to go up considerably to much closer meet expenditure, expenditure has to come down considerably to much closer meet the tax take or a combination of both. It really is that simple. The 'growth' needed to sustain the current defecits long term would need to be in the region of the growth figures seen in India and China, I.E. the UK is never going to see such growth for a long, long time. The chances of a debt spiral / default imho then come seriously in to play. You might be able to muddle along and make tiny cuts in the grand scheme of things to pacify the bond markets, especially while their attention is focused elsewhere. You could try inflating the debt away, but with wages static or falling in real terms, it is easy to end up impoverishing the majority of the population as they really struggle to afford food, fuel and utilities bills priced and controlled by outsiders and priced in foreign currencies.

 

It doesn't matter what 'party is in' you are up shit creek without a paddle. Arguing about what route you took up shit creek and the point you lost the paddle is to miss the point imho.

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uganda lol what a shithole didnt they anounce other week that they are sentencing gays to death.nice to see our comic relief money goes to such tolerant nations.kinda defeats the whole purpose no?now were giving them tax payers cash aswell.way to go you clever politicians,at this rate you should have us all in the gutter by next xmas.

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So Labour spend all the money(as usual), giving benefits and investment to all. Then they get kicked out as they have no idea how to turn the economy around because they invested badly. The Tories get in and have to recoup the money and they are seen as the bad guys.

 

Same as your wife overspends on the credit card, you the husband have to try and pay it off, you tell her to stop spending and you are seen as the bad guy and killjoy.

 

Unless you believe in borrowing more money like Labour to keep up the spending......

I don'y have credit cards mate, maybe we should all be like that, but i get the point you are making on that,

how can cutting taxis on the rich help pull us out of the shit?

granted things needed to be cut, but not tax, when i was in debit i didn't give hand outs like this govt is still doing!

 

Who are the wealth creators of the country? The working classes or the big business owners?

business owners, yes..

but who pays the most tax, i pay more tax than the owners of starbuck and the rest of them dodging feckers !

the simple fact of the matter is, the rich fecked us big time, so they should pay it back!

 

Starbucks are job creators, they give jobs to people to pay tax and buy things, no jobs no tax.

 

If I could step in for a second. While they may be job creators. They are not doing it out of the goodness of their heart. They amass a tremendous amount of wealth. I believe $1.7 Billion last year. They can afford to pay their fair share to the UK. To the US as well. I've read that Starbucks was working out a deal to that affect with your government. So, I guess they agree with me. :laugh:

 

ATB

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uganda lol what a shithole didnt they anounce other week that they are sentencing gays to death.nice to see our comic relief money goes to such tolerant nations.kinda defeats the whole purpose no?now were giving them tax payers cash aswell.way to go you clever politicians,at this rate you should have us all in the gutter by next xmas.

 

Do you know what gays do in Africa?? :laugh:

 

https://www.youtube.com/watch?v=q1wwe9-be2Y

Edited by mushroom
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So Labour spend all the money(as usual), giving benefits and investment to all. Then they get kicked out as they have no idea how to turn the economy around because they invested badly. The Tories get in and have to recoup the money and they are seen as the bad guys.

 

Sorry but that's absolute bollocks and its been churned out by every government comming in after a change.. Government spending has increased under this lot and our deficit is growing at a faster rate, despite all the austerity measures and supposed cuts in government spending.. The current problems are on a global scale, yet people still fall for the same old 'it was the last governments fault that we're failing and haven't got a clue how to get out of the shit' line..
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Putting all the party political bullshit to one side. Imho both parties would have done very similar if they had been in power 1997 - 2010. Both would have allowed their chums in the city to get out of control. Both would have let houseprices and borrowing spiral out of control, remember 1987 - 1996? Both would have let loads of immigrants in to the country. Labour so they would vote for them and keep inflation down, wages down and provide their chums with big profits and bonuses by working long hours for little money. Tories the same except for the voting for them bit.

 

Labour let the public sector balloon more than the Tories would and spent more than the Tories would have imho. However would the Tories have farmed out even more lucrative PFI contracts to their chums in the city than New Labour did? The old boys network has to be paid somehow.

 

The offshoring and destruction of hundreds of thousands of jobs happened under Labour. So long as it brought short term increased profits and bonuses I can't see the Tories having done any different. If the Tories are like having 12 pints and 4 chasers then driving home, with Labour being like having 12 and a half pints and 5 chasers before driving home. You are still well over the limit and fooked when the blue flashing lights appear in your rear view mirror.

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