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?

Who?

@Slipperati Long-term private renters as can't afford to buy. Rent £1,200 pm, Council Tax currently £249. It's very challenging.

I don't. I agree with their policy on wealth tax, but I am terrified he will split the vote on the left and hand the country to Reform.

I'm rich but not a billionaire - my individual charitable giving is not going to save the NHS, I'm afraid. Nobody seriously thinks that philanthropy is the answer - how's that working out in the US?

Do you have another argument?

this is supposed to be about the budget. People have been whipped up into extreme rascism as well so i just wondered if that is what you meant? I mean i hope not. I hope you are a nice person. Who is noticing that the world is bigger than just England.

How about the people who work just below the threshold? Who are capable of working more but chose not to because they’re better off by working less hours? They live better on benefits than by working full time. I know many of those!
The people who arrive in the country who speak little to no English but get by. I know more of those!!
Those who are claiming disability due to anxiety. I’ve had that myself and manage to work yet there are hundreds of thousands of people that ‘can’t’.

And on a side note, those who are ‘suffering’ from the child benefit cap…. Well we’ve chosen not to have any more kids, even though we’d liked to… because we can’t afford it!

i actually don’t know how you can say ‘who’ tbh. Unless you’re part of the problem, which I’m starting to think you are

I am also a carpenter cash in hand. I never pay any tax and i live in a shed.

Oh grow up. If you don’t have have an actual argument to come with then don’t reply 🙄

Right back at you!

Is it the mortgage that stops you or saving for deposit? Sounds like a tough position to be in, not earning enough to buy but earning too much for benefits.

i think the country would be so much better off if we spent more money improving services that improve people’s lives and help them work, and less money paying people benefits because we don’t have the services and homes to support them. Then more ppl would benefit from the services including ppl like you who should be able to do more with what you have

How? I’ve made legitimate comments and you’ve responded with childish remarks? I’d love to hear your genuine argument at to what I’ve said is wrong? Please enlighten me

The Budget is terrible.

Family Farm tax is going to decimate the entire industry. All she had to do was increase the minimum value to a more reasonable number and she still would have been able to tax large “tax dodging” estates while actually letting normal “farmers” continue to farm generationally.

People here the “1 million” number and think all farmers are absolutely rolling in it, but as soon as you break down what a farm is made up of, you realise how ridiculous it is.

As an example in a “poorer” area of the UK (not England):

65 acres of land is currently on the market for £700,000. No planning permission which would have inflated the value. No farmhouse. No machinery or livestock included. And 65 acres is a very small farm in the grand scheme of things (eg Jeremy Clarkson’s farm is 1000 acres). That is what land is valued at- farmers don’t see a penny of this value as they don’t want to sell their farms.

So that’s £300,000 left before tax hits. A used mid sized tractor can be at least £50,000. That’s before you even consider other machinery which is essential to farm even on a small scale. No mention of livestock value, either.

And even if the farm came with a run down, dilapidated farm house with no central heating, it’ll easily make up the rest of that million pound total as it’ll be a detached property in a “desirable” rural location. Again, farmers need to live on their farms as they need to be able to work and it be accessible. You can’t live 30 minutes away in a town, it doesn’t work with the nature of the job.

So there’s your bog standard, small scale farmer who probably farms with one of his children at most, completely screwed. Someone who lives well within their means with no flashy house, cars, etc, working long hours, 365 days a year in all weathers. No PAL or sick pay. If you’re ill, well it’s tough. You either suck it up or you rely on family to help until you are better. You can’t afford to hire someone to help. You can’t stay at home and rest because then who feeds the cattle and sheep?

It’s very sad.

Yanbu

Yep, 400 billion into welfare over the next 5 years with zero growth and stagnant wages. I'm so glad we are leaving and I'm so glad there is no exit tax. That is the one I was worried about.

@roundsquares i agree with you, it’s not fair. She’s taking it out on those who will suffer for their benefit. But she thinks the public won’t support them and that is why she’s doing it. Master manipulator

I’m not disputing that people do this, but the argument makes no sense. I can understand it with cliff edges but surely it’s best to keep, say, 58% of an additional £10k you could earn than 100% of £0.

@Slipperati Both, unfortunately. As you can imagine we don't have enough money left over to save enough for a deposit as it is eaten up by rent. It's crap - 45 and 49, both working, but will never own our own home.

My expectations were low. Bad: lying about not breaking manifesto promise when taxes have increased; no civil service reform; no welfare reform; few pro-growth measures; saving for retirement discouraged. Good (just): bond markets haven't gone into meltdown; the backbenchers aren't revolting; Kemi Badenoch is quite the comedian.

I have very different views to you. I have very different views to many people. I respect your views but I don’t agree with them. I have gone through different life stages which makes me very aware of what people go through. I am currently in a very comfortable position finance wise but wasn’t always. I want and think this country needs to look after our ‘needy’. Ie people in need. So far so good. However, i also believe that this country has an obligation to help all those coming here from other war torn countries and that we and this country will benefit from that. There has been so much rascist rhetoric. I don’t agree with that. I think this country will benefit from being beneficiant to people in turmoil.

Older people often about 75 plus often have SERPS added to their state pension making it higher. I suspect this will be the case in this instance.

It still doesn’t explain why the tax is apparently going up so much, though. There was nothing in the Budget to suggest that as far as I can see.

Hopefully LemaxObsessive’s mother has just got the wrong end of the stick.

I feel that if we take in and look after those people who coming from war torn countries that we will get so many benefits in return. Let’s face it. The world is changing the climate is changing. Even if there are no wars (which there will be) there are parts of the world that will be uninhabitable in a few years to come. What do we say to all those people? I think that if we welcome them and embrace them into our economy we will all benefit.

@ToughTimes88 what say you?

Taxation is theft.