ChatterBank1 min ago
So Remoaner Hammond Now Blames Brexit.
27 Answers
Time for him to walk the plank I think. May; get it into action if you value your political career.
"Chancellor insists brazen Budget tax raid on millions of self-employed is needed for Brexit"
Of course, on the flip side if we only need a few million to 'cushion' Brexit then clearly Brexit is a non issue!
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"Chancellor insists brazen Budget tax raid on millions of self-employed is needed for Brexit"
Of course, on the flip side if we only need a few million to 'cushion' Brexit then clearly Brexit is a non issue!
http://
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I like how ConservativeHome put it, when there was a false rumour that the Labour Party would put it up.
// National Insurance is a tax on jobs.
Then there is also the wider damage to the economy that higher tax has on economic growth.
As Churchill said:
“For a nation to try to tax itself into prosperity is like a man standing in a bucket trying to lift himself up by the handle.” //
// National Insurance is a tax on jobs.
Then there is also the wider damage to the economy that higher tax has on economic growth.
As Churchill said:
“For a nation to try to tax itself into prosperity is like a man standing in a bucket trying to lift himself up by the handle.” //
And never has a truer word been spoken.
Still I doubt this was ever about revenue raising, it simply does not raise enough and if he really wanted people to pay their way then Google, Amazon and a few others spring to mind that would each make this look small fry.
It is yet another Remoaner trying to prove a point. He has to go.
Still I doubt this was ever about revenue raising, it simply does not raise enough and if he really wanted people to pay their way then Google, Amazon and a few others spring to mind that would each make this look small fry.
It is yet another Remoaner trying to prove a point. He has to go.
The problem is, youngmaf, there are insufficient numbers of Conservative "Leavers" to form a government. In fact, I think there are insufficient numbers of genuine Conservative Leavers to fill a phone box. Those that are now compelled to see through the UK's departure wanted no such thing at all. They wanted the cosy status quo to continue meaning MPs could blame all their shortcomings on the EU ("sorry chum, our hands are tied. European regulations and all that"). Many of them had lucrative second careers in the EU in mind when they were inevitably booted out of Westminster.
Mr Hammond (who should ideally be a funeral director rather than Chancellor) was principle among them. His idea that the increased NI payments from the self-employed will form part of a "war chest" to cope with Brexit would be laughable if it were not so serious. It will raise very little and what it does raise will be lost in the noise. Apart from that there is no need for a "war chest".
Among other items of "small print" is the reduction in the amount of dividends that people can receive tax-free. This is currently £5,000 and is being cut to £2,000 from 2018. It is being introduced because many small business owners pay themselves in the form of dividends and not salary, thus giving them an extra £5k pa free of tax. So this is essentially another attack on the self-employed. But as well as them, many savers rely on dividends to supplement their income which has been all but annihilated by ludicrously low interest rates on cash. With frugal investment it does not take too much effort to earn £2k in dividends and those investors will now face having to hold some of their shares in an ISA which considerably reduces flexibility to trade,
Quite honestly, I don't know why Mr Hammond does not simply join the Labour Party and have done with.
Mr Hammond (who should ideally be a funeral director rather than Chancellor) was principle among them. His idea that the increased NI payments from the self-employed will form part of a "war chest" to cope with Brexit would be laughable if it were not so serious. It will raise very little and what it does raise will be lost in the noise. Apart from that there is no need for a "war chest".
Among other items of "small print" is the reduction in the amount of dividends that people can receive tax-free. This is currently £5,000 and is being cut to £2,000 from 2018. It is being introduced because many small business owners pay themselves in the form of dividends and not salary, thus giving them an extra £5k pa free of tax. So this is essentially another attack on the self-employed. But as well as them, many savers rely on dividends to supplement their income which has been all but annihilated by ludicrously low interest rates on cash. With frugal investment it does not take too much effort to earn £2k in dividends and those investors will now face having to hold some of their shares in an ISA which considerably reduces flexibility to trade,
Quite honestly, I don't know why Mr Hammond does not simply join the Labour Party and have done with.
QM....should have said "heard" All the Steptoe episodes were re-recorded for the radio, and they are broadcast on Radio 4 Extra :::::
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If anything, I think they are funnier on the radio than they were on the telly !
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If anything, I think they are funnier on the radio than they were on the telly !
QM....this is the episode that you are referring to :::
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( apologies for high-jacking your thread YMB ! )
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( apologies for high-jacking your thread YMB ! )
// Theresa May denies breaking election tax promise over National Insurance as 100 Tory MPs prepare to join Budget rebellion //
The honeymoon is over for May. I checked the manifesto yesterday, and it actually says there will be no NI rise, 5 times. So for May to deny breaking it is just digging herself a bigger hole. She showed signs of her inability to admit to errors when she kept not answering the question in tv interviews. It is a weakness that will be her undoing.
A spectacularly bad debut for Hammond as Chancellor. First impressions matter, and even his own MPs think he has made a hash of it.
The honeymoon is over for May. I checked the manifesto yesterday, and it actually says there will be no NI rise, 5 times. So for May to deny breaking it is just digging herself a bigger hole. She showed signs of her inability to admit to errors when she kept not answering the question in tv interviews. It is a weakness that will be her undoing.
A spectacularly bad debut for Hammond as Chancellor. First impressions matter, and even his own MPs think he has made a hash of it.
Partial u-turn on its way...the ball has been kicked into the long grass....what a surprise !
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Conservative Manifesto 2015
Page 10
// This means that we can commit to no increases in VAT, Income Tax or National Insurance. Tax rises on working people would harm our economy, reduce living standards and cost jobs. //
Page 4
// we will not raise VAT, National Insurance contributions or Income Tax //
Page 8
// We will commit to no increases in VAT, National Insurance contributions or Income Tax //
Page 10
// This means that we can commit to no increases in VAT, Income Tax or National Insurance. Tax rises on working people would harm our economy, reduce living standards and cost jobs. //
Page 4
// we will not raise VAT, National Insurance contributions or Income Tax //
Page 8
// We will commit to no increases in VAT, National Insurance contributions or Income Tax //
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