The autumn budget should cut benefits before increasing tax

[Leett]

There is talk of Labour breaking their election pledge and increasing income tax by 2p. I doubt they'd do that because voters will revolt. However they need to do something with the state pension due to increase by 4.7% next year.
I really hope they cut benefits / pensions before the deciding to increase taxes.

Those of you saying cut benefits and pensions, are you ok? Do you just want to round up the disabled and vulnerable folk and have them culled? Grow a heart, you make me sick.

I think you are wrong. I don't think it's desirable to cut benefits and I think there could be a problems that follow as a result. But it is necessary. It is inevitable. If we do this now, we have some time and we can be strategic about protecting the most vulnerable. I don't think that will be as easily possible later.

I understand you and I won't agree on this. But maybe it is some consolation that I don't relish it, I don't think it is without consequence, that I don't think it will do people good?

Its because almost everyone gets old and the Ponzi scheme falls apart if people of working age sees the promise of a comfortable retirement fall apart. Even young voters are future old people.

Comparatively though wages are lower now though. Everything is much more expensive. Today’s prices are 5.48 times higher than they were in 1980. I lack sympathy I’m afraid.

I mentioned this earlier. It will be estimated to cost taxpayers £3 billion pounds per year.

Pensioners should pay NI if they earn over a certain amount.

If I decide to work on till 67 and stay healthy my total pension (LGPS plus state) is going to be around £30,000. It's ridiculous that I should be NI exempt on an income like that with no mortgage costs.

I’ve seen a really interesting suggestion of the first £x you earn in your lifetime being tax free - e.g. £150,000. The tax you pay then increases as you get older. Because being young is expensive - buying a house, having a family, lower wages. It’s an interesting idea.

Pop on Linkedin. I guess at least one post a day of some 45 to 55 year-old threatening to kill themselves because they’ve not worked for the last two years and they’ve got 25 years of experience masters degrees coming out of their arses and they can’t get a job in Tesco’s.

If they don’t get a job within the allocated time they have something called sanctions now which means that children genuinely do not get fed and people get evicted from even the cheapest accommodation.
Depending on who you get at the job Centre that could be very quickly or a bit longer.
But not bothering is not an option

As from working from home with Small children 🤣 have you never read any of the threads on here about some poor cow needing to juggle Team’s call with a sick toddler? I’m amazed nobody collected her ISP and knocked the door dragged her into the street and burned her in front of the baying crowd

Quite. A 3bn bill because people couldn't keep their legs closed when they couldn't afford more kids. The fact that people would choose to give a life in poverty to a child, its disgusting. They should feel ashamed of themselves.

I think this is what some people don't understand. Very few people actively want to cut benefits or pensions. Even if you're healthy and young now, no-one is naive enough to believe that the cuts definitely won't impact them in the future. However we have got ourselves into such a mess that we simply can't go on as we have been doing, accruing debt to pay for a welfare state we simply can't afford. The interest payments are crippling us and they will be even worse for future generations unless we can get a grip of our public spending. It is a terrible burden to pass on to our children and they simply won't be able to afford anything close to the welfare state we enjoy today because we have addled them with so much debt.

Taxation is strangling the economy. We desperately need growth! For this reason we should look first at welfare cuts before we look to taxation as in the long term this will be better for everyone.

I think they should go after all the Tory cronies who benefitted from bent PPE contracts which provided unsuitable products, or in some cases nothing at all. Billions were wasted there.
Then they should start simplifying the process to sell off all of the seized assets they took.
And then, after that, they can come and talk to us about whether they need to raise taxes / cut benefits.

If all our young people move to "cheaper countries" who is going to pay for pensioners?

And moving to "cheaper areas" often means moving to places where there is less work available.

I strongly suspect his money went down the bookies and in the pub

Where would you like my disabled children to go? There aren’t any schools for them. There aren’t any childminders for them. They can’t go into hospital or care, or should I go back to work full time so they can go into care? That’d cost about £500k p/a, sounds cost effective doesn’t it? Better than my tax?? 🙄🙄🙄

Workers always paid the generation above and those that cannot work, for whatever reason. It’s nothing new. 🤷‍♀️

Apologies if you do this but have you looked at the pre paid prescription where you pay a set amount for 6 months or a year and then all scripts are covered during that period. My gp advised me to do that one time when I was going to be getting a lot of scripts.

Ridiculous !

It shouldn't be either-or, but successive governments sure make it seem like it is. Just because it's easier to take someone's pension or disability benefits than to get corporations to cough up doesn't mean it's right - and yet neither the Tories nor the current Labour government have felt he need to explain why benefits are on the chopping block while Amazon walks free.

Presumably some of it is down to the fact that their wealthy backers might get up in arms if they're suddenly expected to pay tax like the rest of us.

Long winded: I agree with you. I just think corporation tax needs to be a factor again, like it used to.

Surely it depends where the tax hit falls?

surely those most able to pay should be paying unless you are happy with the growing number of British born beggars on streets? The grown number of British
born living in tent cities ?

bristish born because I am bored and sickened of the blame the foreigner almost as much as blame the pensioner ( who are not claiming benefits with the state pension, nasty lie in the OP there ) , blame the poor not the rich but never blame me set up by life by the hard work of my parents inheritance

Maybe perhaps their father could pay for them - take some responsibility.

‘Tax havens for super rich’. Do some research. Have a look at the HMRC tax gap figures. Then you will hopefully understand how wrong you are.

They definitely need to change child benefit. The fact a couple on 100k joint income can receive it in full is ridiculous. It needs to be based on household income not each person.

This was a very different prospect for boomers who had a relatively small number of pensioners to fund for far fewer years as life expectancy was lower. Now demographics have changed and the population pyramid is top heavy, you can understand why young people feel angry. A bulge generation should have been forced to put more aside to fund their own pensions. They got away with paying much less than their fair share and are now asking a shrinking number of younger people to fund their enormous retirement costs.

No, I'm simply pointing that young people have options that pensioners don't.

And emigration has been part of the history of a lot of countries, for decades people camr to the UK. Now it's our turn to be the ones to leave.