What Rachel Reeves does next? Surprised no thread on this yet. It's all over Twitter

[Sharingsomewisdom]

https://www.dailymail.co.uk/news/article-13764547/Rachel-Reeves-mulls-tax-hikes-spending-squeeze-raising-rents-social-housing-Chancellor-sees-Government-borrow-3bn-forecast-month.html

Or am I the only one interested what she is eying next? Any comment on the reasonableness or otherwise of Rachel's next focus?

Haven't they only very recently raised local housing allowances though ? Appreciate that was under the Tories.

However, there are 2.2m people who are not on housing benefit in social housing. Usual amount for housing is 30% of net income and median UK income is around £35k, so £8800 pa times 2.2m works out about 20m. Not huge, but not to be sneezed at.

Housing benefit for those in social housing is a bit of a closed circle of ridiculousness, but I am sure nobody will end up homeless.

Great as if single people don’t cop it enough already

for example a 2% reduction in LHA and a 2% reduction in the single person council tax discount would make actual savings. Increasing social housing rent will just be shifting money from one department within the government to another ?

Also maybe they should redirect the ULEZ payments somewhere (what do they get spent on currently? Some drivers are paying £12.50 a day)

I think every working adult in a household should pay council tax.

I agree

Like poll tax? Sure someone tried that once...

Fastest growing from a very low base! our growth is also predicted fall faster then most G7 later in the economic cycle.

UK PLc is in a very bad place, with debt set to rise, even under Hunts forecasts.

Bottom line is Hunt cut 4% off NI and that now has to be paid for, some £12 billion, Hunt also didn't set aside any extra money for the pay review body pay rises, not one penny.

He shafted the UK for political gain.

He should be in jail for those 2 things alone, instead he'll probably get a Knighthood.

Have caught up now. Thank you all.

We could raise money by equalising earned vs unearned tax rates and by CT revaluations on the top 3 most expensive bands.

Incredible people, inc Reeves, want to hit the least well off instead.

However, Labour are weak and wont do either.

I’ve just had a look at my borough LHA . For a 3 bed house the maximum rate that can be paid to a private landlord and covered fully by UC housing element is £1000 more than the average rent for a 3 bed council house that is fully covered . That’s a huge difference . That gap needs closing - that’s where money will be saved !

all the news pundits, say that the big hole has been caused by the recent massive overspend on public sector workers.

That's because they hate all public sector workers and think we should work for free just for the love of the job.

Yay, let's target pensioners a little bit more. And women. As women live longer than men there are more female pensioners living alone than male ones

DM and its Readers were Brexit and that's what they said to remainers: you lost, get over it

not every reader…but i don’t doubt its the majority

Yup I only wrote it because sick of hearing people say get rid of single person ct not realising this:

In a house with 2 adults where it is £100pm they each pay £50pcm

In a house of one person of same ct rate it's £75

Both houses the adults get old and need adult social care funded by the council which is paid for via council tax. Let's for argument sake say it costs a council £200pcm per person

House with two adults both needing social care costs £400

House with one person costs £200

The house with 2 adults have individually paid less council tax then single person but receive the same amount in adult social care.

So yet again the single person is subsiding other people. So quite frankly this why the reaction when someone says grt rid of the discount is always fuck off we subsidise every group of people and this is all we bloody get.

I’m not arguing to reduce the amount a single person gets but surely a household with two adults is less likely to need as much care because the other adult takes on a lot of the caring?

So benefitting those economically inactive again?

Not much longer is the answer.

Then it gets proper real.

.

You're the right person to give your views on this decision. Its very refreshing to read someone affected by a change (SH, Vat on PS, WFP) being so magnanimous and seeing the bigger picture.

That’s not the case. There are things which can be accounted for in a different way and costs which have overrun. But that’s entirely usual

Yep it was absolutely a vote winner..

They were rioting with joy..

lol..

Budget hole??How Labour missed this before being elected? The OBR is there for a reason.

Would it have mattered?

the cause is the Tories badly managing the economy and cutting NI without any means to pay for it.....

You are right. The owners brought in a new editor who was very remain….but the readers ( and a lot of other people) did not do as they were told.