Archived

This topic is now archived and is closed to further replies.

Bedford Roughyed

Budget 2013

52 posts in this topic

We've gone from minimum pricing to cheaper beer in a week. Joined up government.

That initial Treasury note seems even more correct now: There is no money.

Share this post


Link to post
Share on other sites

Nicked a couple of my ideas regarding income tax and NI cuts (though I would set the income tax threshold at minimum wage x 40 hours per week).

Share this post


Link to post
Share on other sites

hrm not sure about a government funded property bubble! Need to read more details on the housing stuff but it obviously isn't aimed just at first time buyers since it goes up to £600,000

Share this post


Link to post
Share on other sites

Looks like my bus tickets might be cheaper if I get it through work in November - can't wait

Share this post


Link to post
Share on other sites

hrm not sure about a government funded property bubble! Need to read more details on the housing stuff but it obviously isn't aimed just at first time buyers since it goes up to £600,000

Isn't that about the price of a one bedroom flat in London these days? :O

Share this post


Link to post
Share on other sites

What does the budget signal to devotees of peanut M & Ms?

And what are the ramifications for Poundland?

Share this post


Link to post
Share on other sites

We've gone from minimum pricing to cheaper beer in a week. Joined up government.

Make it cheaper to get drunk and take our mind off how bad things are? Give the papers a nice feel-good headline to focus on and stop them reading the budget small print which is usually where all the bad stuff is hidden?

Blimey, when did I get this cynical??? :O:D

Share this post


Link to post
Share on other sites

That's not being cynical..that is being experienced.

Share this post


Link to post
Share on other sites

Star of the day was Deputy Speaker, Lindsay Hoyle, who calmed the baying hoards with a commanding northern accent.

Share this post


Link to post
Share on other sites

Star of the day was Deputy Speaker, Lindsay Hoyle, who calmed the baying hoards with a commanding northern accent.

...not forgetting he's a rugby league man, former chairman of Chorley.

Share this post


Link to post
Share on other sites

The beer thing is the most blatant vote grabber in the history of politics. Absolutely no logic to it!!!

Share this post


Link to post
Share on other sites

...not forgetting he's a rugby league man, former chairman of Chorley.

Brilliant, You could just tell he was a man of substance!

Share this post


Link to post
Share on other sites

The beer thing is the most blatant vote grabber in the history of politics. Absolutely no logic to it!!!

What he should have done is increased the duty on beer in cans by 50%, bottles by 30% and dropped the duty on casks by 10%.

That way supermarkets prime loss leaders, cheap canned larger and cider and the vile smooth flow would have the pressure put on to up prices, tasteless fizzy kegs from the big brewers would be unaffected and the thriving cask micro brewery market would be given a big boost.

Share this post


Link to post
Share on other sites

What he should have done is increased the duty on beer in cans by 50%, bottles by 30% and dropped the duty on casks by 10%.

That way supermarkets prime loss leaders, cheap canned larger and cider and the vile smooth flow would have the pressure put on to up prices, tasteless fizzy kegs from the big brewers would be unaffected and the thriving cask micro brewery market would be given a big boost.

Sounds like a plan to me. :D

Share this post


Link to post
Share on other sites

What he should have done is increased the duty on beer in cans by 50%, bottles by 30% and dropped the duty on casks by 10%.

That way supermarkets prime loss leaders, cheap canned larger and cider and the vile smooth flow would have the pressure put on to up prices, tasteless fizzy kegs from the big brewers would be unaffected and the thriving cask micro brewery market would be given a big boost.

Hear, hear Padge.

The beer accelerator tax made no sense at all, a method to close pubs and lose jobs was all it did, and widen the gap between between pub prices and cans of ###### fizzy lager.

Meanwhile, the top 9 investment bankers shared a bonus of £40 million. The top earners in society are really having it tough in the current economic climate.

Share this post


Link to post
Share on other sites

The beer thing is the most blatant vote grabber in the history of politics. Absolutely no logic to it!!!

Greg Mullholland has been leading a campaign to scrap the beer duty escalator.

Share this post


Link to post
Share on other sites

I'm really struggling to get my head round the plan for the government to start loaning people money for deposits to buy houses.

Isn't part of the reason for our current woes that banks lent money to people who couldn't really afford to pay it back, to buy houses they couldn't really afford to buy, that fuelled further house price inflation, that encouraged more people to borrow even more money they couldn't afford until it all eventually went bang and the government had to use taxpayers money to bail out the banks leaving a massive hole in the public finances that is getting bigger by the day despite all the never ending austerity we’re being subjected to?

So the solution to that, according to the Chancellor, is to cut out the middle man and give taxpayers money direct to people who can’t really afford to buy a house to encourage them to take on a load of additional private debt they may never be able to repay, thus further fuelling house price inflation while potentially restarting the whole vicious debt circle again before we’ve fixed the last one.

It just seems absolutely ludicrous to me.

Wouldn’t it have been simpler and more effective to release the money being used for this wheeze to local councils to build lots of social housing at affordable rents, thus stimulating the construction industry and creating jobs, providing homes for people who need them, preventing encouraging people taking on mortgage debts they can’t repay and avoiding fuelling even more extortionate rises in house prices. Increasing social housing rental stock would also help bring down the ridiculous levels of private rent, making even more homes affordable for even more people, and reducing the need for taxpayers to subsidise private landlords through the payment of housing benefit.

Share this post


Link to post
Share on other sites

I'm really struggling to get my head round the plan for the government to start loaning people money for deposits to buy houses.

Isn't part of the reason for our current woes that banks lent money to people who couldn't really afford to pay it back, to buy houses they couldn't really afford to buy, that fuelled further house price inflation, that encouraged more people to borrow even more money they couldn't afford until it all eventually went bang and the government had to use taxpayers money to bail out the banks leaving a massive hole in the public finances that is getting bigger by the day despite all the never ending austerity we’re being subjected to?

So the solution to that, according to the Chancellor, is to cut out the middle man and give taxpayers money direct to people who can’t really afford to buy a house to encourage them to take on a load of additional private debt they may never be able to repay, thus further fuelling house price inflation while potentially restarting the whole vicious debt circle again before we’ve fixed the last one.

It just seems absolutely ludicrous to me.

Wouldn’t it have been simpler and more effective to release the money being used for this wheeze to local councils to build lots of social housing at affordable rents, thus stimulating the construction industry and creating jobs, providing homes for people who need them, preventing encouraging people taking on mortgage debts they can’t repay and avoiding fuelling even more extortionate rises in house prices. Increasing social housing rental stock would also help bring down the ridiculous levels of private rent, making even more homes affordable for even more people, and reducing the need for taxpayers to subsidise private landlords through the payment of housing benefit.

Don't be silly John, how do the ridiculously rich people make even more ridiculous amounts of money out of such an obviously sensible idea to benefit the ridiculously poor of the country..

Share this post


Link to post
Share on other sites

Even The Telegraph, which applauds quite a lot of the budget, is unimpressed by the 'let's create a housing bubble again' idea.

Share this post


Link to post
Share on other sites

One glaring piece of hypocrisy from Gidion was him insisting on calling employers NI contributions a ''tax on jobs'' in the same week that IDS has been moaning to all that will listen about the spare room subsidy being called the ''bedroom tax''. You can't have it both ways.

Share this post


Link to post
Share on other sites

I think the housing loan ridiculousness is actually their plan for a medium term vote winner for the conservatives. In 2.5 years time people who take these offers will be happily living in their new homes feeling that the government has done them a favour, hence more likely to vote conservative.

Also in the shorter term it will bring more money in to the government. These new homes will still have to pay stamp duty etc which will ring nicely into the coffers of the revenue, and support an industry which has been scraping along the bottom for the last 2 years or so. From the governments perspective their is also virtually no risk, as even if house prices collapse and the people got bankrupt, getting their houses reposed the first creditor to be paid will be the government.

I still think its a terrible idea to create another housing bubble. The economy DOES need a stimulus no doubt about it, but this is showing no lessons have been learned in the last twenty years.

Sorry if that all sounds a bit jumbled my 1 yr old hasn't been sleeping well and I've not had enough tea to fully make sense (although I guess it could be argued I never do regardless)

Share this post


Link to post
Share on other sites

Will the shared equity scheme be available for all houses or just the poorly built, plaster board show boxes that are getting knocked up? I refuse to buy a house that I will in no way be able to resell.

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.



League Express - Mon 10th April 2017

Rugby League World - April 2017