Am I the only one that thinks that the budget is good?!

[isitactuallybadthough]

NC’d for obvious reasons.

I mean it seems that they’re trying to help the working class?

I am not on benefits. I’m also not lucky enough to live in a property worth over £2,000,000. But surely the worst off in society will be better off under this? With the energy bill cut and two child benefit scrap? Also books for libraries, national wage increases. I do understand people feeling frustrated at the pension/ISA parts, that will probably affect DH and I but overall I’m pleased as the worst off will be slightly less worse off?

Do you really think an extra £100 a month would encourage someone to have another child? The child would cost more to bring up than that

I agree with you OP. It’s a good, solid budget.

Yes you do. Child benefit high income charge dosent start until £60,000. You then lose 1% per £200 over £60,000 up to a maximum of £80,000. There are plenty of families in the 60 - 70k range who claim child benefit.

the £60-£70k families are not rich. Behave yourself

@isitactuallybadthough yes. Minimum wage may be going up but that will only affect businesses that will put their produce up. So shipping will cost more. Especially if you’re a smoker or a drinker as now cig and alcohol tax is going up (doesn’t affect me but that’s by the by) Also with tax and NI, they may not be able to afford appropriate wages and result in closing altogether. It won’t affect big businesses but will affect local, small, family businesses who may need to close.

Also benefit cap for 2 children being lifted, may help you in the short term (again doesn help help me) but who’s paying for that? The tax payers. So anyone who has more Han 2 children will get more benefits but everyone else is paying for those, therefore a tax hike will be incoming. Electric vehicle tax (which does affect me and I think is ridiculous considering electric vehicles don’t affect emissions at all) and will affect multiple others who have decided to go green and avoid petrol/diesel.

tax on gambling seems like a win win but at the end of the day only affects the middle man cos those who are seriously in debt with declare themselves bankrupt.

pensioners again being caught in the fire line! It’s a sin to grow old these days!

You can’t save as much money tax free anymore! Because tax needs to start from when you’re born, to when you’re breathing to when you die!

it’s an absolute shit show and if you support it, you’re part of the problem.

It's a lot more than £100 a month, are you confusing it with Child benefit which is a different thing.

Isn’t it reforms policy to remove the 2 child benefit cap anyway?

Yes it is slightly oddly,.

You behave yourself. I never said they were rich. I was pointing out to the pp that the threshold for stopping receiving child benefit is no longer £60,000 as they had sa8d body with an income of £60,000 gets child benefit.

Freezing tax thresholds just encourages people to work less to float below the thresholds. I know a few tradespeople who don't work a couple of months a year specifically to stay below the threshold. Increase the thresholds, increase growth.

It doesn't matter whether it shocks me or not.

On the question of whether the two-child benefit cap disincentivised families having more children, there is an evidence base to draw on.

As a family with 2 working adults you could earn £120k and get full child benefit as a household. I personally think you either scrap it entirely and slightly adjust universal credit so more families with kids can claim it or you recognise it as being a payment to under 18s like the state pension is a payment to the elderly and give it to everyone regardless of income.

No one can be sure when they have 3 children that their circumstances won't ever change. Evidently you DO seem to bugrudge people needing universal credit due to cancer, parkinsons, or any other type of illness, especially if they happen to have more than 2 children. Your essentially saying only billionaires can have more than 2 kids, okay sure- lets leave Ellon Musk to populate the planet.

Yeah that’s exactly what I said 🙄.

Yes the evidence of this i know in person.

Why should children be punished for their parents decesions

I’m content with the budget.
The two child cap made me feel sick, I’m so glad it has gone.

Utter nonsense and highly prejudiced.

I don't think it's too bad. I'll be impacted very slightly by the national insurance on pension but I will probably gain as the pay scales in my organisation usually increase when NMW does.
A £2 million house is something I could only dream of, it's the same for all of my friends and family, so I struggle to have any empathy for them. People in those houses won't need to move, it will just lower the inheritance they leave behind for people who didn't earn it.

As a mum of 3 I do to. I think its a really awful decision and will encourage some people to continue having kids they can't afford.

Why does anyone need more than 2 children?
Why should taxpayers support extra children?

It's home grown people or immigrants, we can't afford both without raising taxes.

Which I support, as a taxpayer.

The majority of people claiming UC are working !

I agree with every word of this.

I absolutely agree with it. And with the 2 child benefit being lifted. I don’t benefit from this in any way apart from being 65 quite soon. I think it is best budget that could have come. I thought it was really telling that when Kemi badenoch was coming for her Rachel was literally upset and nearly crying. To me that makes her human. Unlike kemi who is just an attack dog.

I I strongly disagree with removing the 2 child benefit cap. I will now be paying even more tax so irresponsible people can have more children than they can afford.