Well done George Osborne - stonking budget

[claig]

Tax free Allowance rising to £11000
40% tax threshold rising to £43000
Corporation Tax falling to 19% and then 18%
National Living Wage will reach £9 by 2020, will start at £7.20

If they carry on like this, Labour are finished and poor old UKIP and Farage won't stand a chance of getting a look in. But credit where credit is due - well done Osborne!

It's a big winner as far as the grey vote goes.
My pils will be ecstatic, as will a lot of other pensioners I know :(
Of course eventually they will all be dead and the younger generation will get their chance to vote for a decent, humanitarian society.
I hope they take it.

Baddz
But richer pensioners will not as their dividend income is no longer tax free to £20 k

I'm not sure many of them have thought of that tip!
They just hear "crack down on benefits and people on disability" and clap like performing seals :(

Thing is...I grew up "working poor"...exactly the people this budget has targeted.
Except my parents didn't get anything except "family allowance" as child benefit was called then. No TC or WTC.
The result of this was we sometimes went hungry, our shoes had holes in and our clothes were in poor repair. University was a pipe dream despite my good school results.
We didn't have an inside toilet til I was 13.
That is what the future will be for more and more children due to this budget.
I am depressed beyond belief :(
I know how much I have been affected - and am still affected - by my upbringing. I was loved. But love isn't always enough.

It's beyond me how anyone can be ecstatic that working people on a low income stand to lose so much.

Niceguy....My parents both worked full time from 15.
My dad was still working ft at 67 when he dropped dead.
Idle and feckless?
Fuck you.
And all the idiot's who voted these etonian bastard into power.

I think it is a good budget. I am sick of being taxed vast sums and getting next to nothing in return.

I am sick of being ignored in the budgets that have gone by. University fees and getting rid of universal child benefit was the last straw.

If I pay in I want something back and if that makes me the devil incarnate then so be it.

Also the name calling on this thread is disgusting.

I think the title of the thread is puerile.

Blimey Baddz how nice are you? Wishing your pil dead so they can't vote for the party you don't want. And you call Tory voters selfish.

I don't think there is going to be a massive change in the budget for my family. A bit better, a bit worse so probably all works out in the wash.

However, I think it is pretty clear already that there is much to be worried about for other people. While in some ways I applaud the new minimum wage, I know that many employers will just not improve the wages of those slightly further up the pay scale to accommodate it or will start keeping a very young work force to keep costs down. Yet the government seems to be suggesting that by introducing a higher minimum and reducing tax credits for working families, magically all pay will start increasing. How does your average worker achieve this?

Bizarrely one of the few ways in which people can improve (or at least protect) their pay and conditions is through union action and yet governments on both sides always castigate union action and some seek to restrict action even further.

I think they said there would be exceptions but I suspect they'll be few and far between since how do you proof much of this stuff anymore than you do now.

The economists have already judged this a regressive budget which means the burden is carried by the poor. That is factual. Most of those who are not poor seem to be very happy about that. Depressing but predictable ......please change the title to "Well done Osborne a stonking budget for those who are not poor or disabled".

I don't think having your own children would qualify you anyway. Overcrowding would still be seen as a priority for housing but you just wouldn't get the hb to pay for it.

I think in their minds, exceptions would be adult children living with abusive parents. They would be allowed to claim hb in order to leave the family home but I think that in some cases that would be difficult to prove without a lot more distress and many more people slipping through the net.

They expect everyone to stay living with their adoring families because everyone has one of those.

They expect that anyone in a job and starting a family can guarantee their income until they are 25.

In short, they expect everyone to have the same family life and experiences as them.

'I think the title of the thread is puerile.'

I agree. I'm ahamed of it now. I was fooled by the headlines and thought he had helped the working poor. Only later did I find out he had taken much more than he had given. It helped some people but hit a lot more others. I agree with him that he has to move away from tax credits but what he replaces them with and how he does it, I don't know.

Claig
I am impressed that you have analysed the information coming out and changed your tune.
Now could you get Gideon to do the same

niceguy - not sure they have been that successful then if they wanted to appeal to workers and company bosses - chages to the way directors can pay themselves and the way tax relief is given on buy to let will both affect people like us.

that i could stomach (we always end up paying more) if it weren't for the inheritance tax being abolished for less than 1m. it seems like i'm working hard to subsidise someone who has done nothing to earn the money (parent would have done a bit of work, but most is due to inflation)

'Now could you get Gideon to do the same'

He won't change. He has hit people early in his term in order to try and get the hard stuff and cuts done early and he has hit people he thinks won't vote for him. But Channel 4 went to Southend in Essex and interviewed lots of hardworking young people who did vote Tory because they want to get on (and think Labour is not for aspiration) and he has hit them hard.

I don't think Baddz DID "wish her PILs dead". She merely commented that one day they would be dead (like all of us).

Big difference between an observation and a wish.