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Austerity Mk2

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Canary42 | 17:17 Thu 17th Nov 2022 | News
33 Answers
The last edition made the rich richer, the poor poorer, and doubled the National Debt.

So more of the same from the shameless Tories.

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Austerity Mk2



My grandad used to own one of those.
targeted energy support, windfall taxes, minimum wage hike, 10%+ for pensioners and benefits, tax up from 40% to 45% for those earning £125000
If thats austerity then more please
well we cant borrow indefinitely as Truss significantly proved that
Yes, it’s very important to punish those who have had the bare faced temerity to have have done well and earn over £150k. It salves those who haven’t done as well and helps their jealousness and bitterness that some people may actually be better and more successful than them and deserve their money.

Utterly anti-Tory, but it will please losers.
I think it is the Politics of Envy
but still we cant spend more than we collect in taxes
Thatcher I know
Well the git has clobbered me to give those on benefits 10% and of course pay for thousands of 4* hotel rooms ..... I already pay over £300 a day in tax now he want more. Well it wont happen because I will be taking much more time off so I dont earn it and they will get less.

Guess what ?unt I will punish you at the polls. No more voting Tory for me, not that these CINO's are Tory.
//I already pay over £300 a day in tax//

You lucky duck!
Let's set up a go fund me page for youngmafbog
But who will run Amazon in your absence, YMB?
YMB clearly earns sheds loads of money - bloody good for him and bloody good luck to him. Contrary to some of the mindset on this site, most people earn well who deserve to earn well. Commercial enterprises do not pay good money for mediocrity. They just don't. Only organisations who pay people from from the public purse reward naffness. 'twas ever thus.
Personally I'm glad there'll be less money going into the public purse.

The very last people who should be in charge of dispersing money are public authorities/organisations, because it's bloody well not their money. It's taxpayer's money, and those that bandy about my tax money with gay abandon are a disgrace.
well i think we's concluded that canarys assessment of this is more of the same (an austerity budget that makes the rich richer and the poor poorer) is a bit wide of the mark... but I think canary's posted and left the thread as usual
^^^because with boring regularity, Canary does not have the first clue. Of anything.
YMB is lucky? Doubt it. Bet a four letter word is responsible for his high salary. Work!
Perhaps canary would like to consider this (though I don’t suppose we shall ever find out whether he did):

At present, somebody earning £150,000pa will pay £58,182 (38.79%) in Income Tax and NI. From next April, they will pay £59,426 (39.62%). This is an increase of £1,244, which is more than somebody earning £16,000pa will pay in total.

As well as that, for those earning more than £125,140, every £1,000 extra they earn will see £483 in deductions. A person earning between £100,000 and £125,140 will see £633 deducted for every extra £1,000 they earn (because of the tapered removal of personal allowance).

So it’s scarcely surprising that people like youngmaf will cut down the amount they work. After all, why knock your pipe out when the Chancellor confiscates almost half of any extra cash you earn? It perfectly demonstrates why excessive taxation kills hard work and enterprise – a lesson this TINO government seems yet to learn.

This administration seems content to see one in five of the working age population sit at home munching Hobnobs whilst granting hundreds of thousands of work visas to foreigners who will do the jobs that they will not; it seems happy to opt out of ensuring the country's energy security, instead relying on erratic sources and unreliable imports of gas. It is happy to pour seemingly endless amounts of cash into the bottomless pit that is the NHS, measuring "success" by money spent rather than outcomes achieved. It is keen to ensure the police "service" remains a branch of the Social Services, allowing Chief Constables to demonstrate their "woke" credentials rather than concentrating on feeling collars. In short, you have to wonder whether they really want to win the next General Election or whether they have all found it a bit too much trouble.
That’s heresy, NJ, Atheist, Untitled and Gromit will be along in a moment to rubbish your post.
> most people earn well who deserve to earn well

No, because many more people who don't earn well also deserve to earn well. Nurses and care workers, for example. Let's pay them £150K and then tax them some outrageous amount, like 60%, and see if they complain versus what they're paid at present.

I could perhaps agree with "most people who earn well deserve to earn well", but not "most people earn well who deserve to earn well".
“ Commercial enterprises do not pay good money for mediocrity. They just don't.”

they frequently do… and often promote people for botty-licking rather than talent as well.
One quote from earlier in the thread:
"Yes, it’s very important to punish those who have had the bare faced temerity to have have done well and earn over £150k. It salves those who haven’t done as well and helps their jealousness and bitterness that some people may actually be better and more successful than them and deserve their money."

Presumably nurses, teachers etc etc should be ashamed they are not earning £150000 and work harder.
i do not feel anything other than happy for people who earn a lot of money… good on them

i do have a problem with the idea that people who earn a lot are in some way better than people who don’t because it’s quite obviously not true

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