10p tax change thingy - can someone explain it to me simply please?

[PuppyMonkey]

What's it all about? Am I gonna be losing loads of money now? I work p/t...

What it's meant for me on my lowly TA part time pittance, is that my pittance has gone down by £10 a month

What is disgraceful is that this tax change was announced, what, a year ago? And it has taken this long for labour MPs to notice!! They are all a bunch of twunts!

They must feel so proud kicking the low paid (and let's be honest a disprportionate (SP?) are women) in the teeth.

Well done Gordon - youn truly are crap.

Well quite, Waffle - but it's only now that the local elections are looming and their own life is affected. Whilever they're safe, they don't give a fuck. Right now they're thinking "whoops, better stamp my foot a bit while the peasants are looking, fool them into thinking I give a crap, or I might get kicked off this gravy train."

well, it's either that they only 'care' now because they might lose votes, or they are so stupid that they never realised until this point what he was talking about last year. Either way, it's very disturbing! Monumentally selfish just out for themselves, or so stupid they need instructions on every piece of loo roll. Take your pick...

it such a lot of crap, this scrapping of the 10p tax band has seriously backfired. What GB should have done is
a) scrap the 10p tax band
b) scrap WTC which are frankly a joke and an expensive one because of all the extra bureaucracy
c) raised the tax free allowance to £10,000 (so if you earn £12,000 pa you only pay tax on £2,000 of it)
d) tax at 20% everything up to £50,000
e) tax at 40% everything between £50,000 to £100,000
d) introduce a 50% tax band which starts at £100,000

The poor are instantly better off, as they'll be paying far less tax, and we get more money from those who can afford it. It would make working part time more appealing.

BouncingTurtle - where are you going to stand? I'll move house to vote you in

My idea is to give everyone an individual tax allowance

So a family with 2 adults & 2 children would get say £15000 (£5 each plus £2.5 per child) tax free

& the tax credits would either top your income up to that or tax you over that

TAX CREDITS ARE SHIT! They are an excuse for GB to create a monstrous bureaucracy which costs more than half a billion a year to run and made over £6b worth of mistakes in its first 3 years.

TAX LOW-EARNERS LESS.

Oh, but that would make too much sense.

People don't want to fill out confusing, long forms to receive benefits, they want to keep more of what they earn, you half-wit Brown.

The sooner you get out, the better.

Expat I just said that... but I'm glad you agree with me.

KatyMac - wasn't planning to run! Pity though...

perhaps mumnetters can start their own political party????? Now that would give those suited up idiots food for thought!

i had all this explained to me this morning as i was confused about it all.

i've been with Labour since i moved to the UK 5 years ago, but more and more lately, the Tory party is looking more attractive....

BouncingTurtle,

I want to vote for you. Gordon Brown just wants everyone to live on benefits and have to fill in stupid forms. As someone who is on a low income I don't want to beg.

The amount of tax I pay has doubled yet more well off people tax bill has reduced.

Nobody whose income is less 15K is wealthy whether they are young and single or have lots of kids. Rather than complicated tax credits isn't cheaper and simpler to tax low income people less.

I don't agree with joint taxation. Why should married people be penalised all the time. If someone is earning the mimimum wage don't they deserve to have some money in their own right rather than having to depend on their husband?

another vote for Bouncing Turtle

Just thinking, I've been whinging about Labour alot lately. But the opposition don't seem to have done much. I am not convinced they would be much better.

Let's found the Bouncing Turtle party - the credible alternative to the gravy train.

The MP's are questioning the 10p band because the Finance Bill is being debated and because they think they have a shot at winning, this time last eyar they were too scared/ in awe of GB to do anything.

I read an article the other day that suggested that the Treasury knew about this rise in effective tax on lower earning single workers (the group most affecvted by the 10p aboloition) but GB's view was that they should get off their backsides and work harder to earn more. i cant possibly comment on the truth of this but it explains why no safety net was included in last year's Budget.

I've just discovered I'm £20 a month worse off. Bit shocked really, if I worked more hours I'd have to pay for childcare, or am I meant to work nights?
Need to moan somewhere, but as I can't bear the Tories I don't know what to do about it really.

Expat - a girl dh works with has just been told she has to pay £5000 tax credits back - she is in panic mode. Why do they keep f*cking this up?