Sunak and Hunt.

[gulliver1]

Rishi and Jeremy Have taken a pair of bolt cutters to the triple lock rise for State pensioners.By giving them a £692 a year rise for Basic pension with one hand, and taking back £530 with the other hand in Tax. Due to freezing the tax threshold. Hunt could come up with this one.

[New Judge]

I rremember (as if I needed reminding) why I avoid these "debates". It may be a while before I test the water again!

[ichkeria]

It is a baffling assertion by the OP: while it's easy to quantify the rises in the state pensions, the tax people pay depends on their circumstances, so I am also at a loss to see where £530 comes from.

And as I said earlier, the "triple lock" only guarantees a minimum increase of 2.5% but in reality wages and inflation have been rising higher so I am struggling to see, much as I am loathe to bat for the Tories, how this is uinderminnig it. It was a pretty healthy rise. Not seeing where the huge percentage in extra tax comes from in direct relation.

[gulliver1]

nj 13 .51 "Never test the water unless you arec sure it is

                                    *Clear Blue Water*

[10ClarionSt]

My private pension will be reduced because the tax threshold is staying the same. Mrs Clarion is not affected as she doesnt have a private pension.

With my state pension, private pension and Mrs Clarions' state pension, our total income is £21k. 

Because of my private pension, neither of us qualifies for Pension Credit. Our total income is massively below the average wage.

We have paid taxes all of our lives, not just on salaries, but on lots of other items and services, and we continue to do that. Apart from Child Benefit, we have never claimed any state benefits.

I just get the impression that some people feel I should be grateful in some way, akin to someone having a job, being paid a pittance, treated like manure and be thankful for all of that.

The rise in the state pension will be easily swallowed up by other increases generally. Every week we are being told about coming shortages for some product or other and this will mean a rise in prices.

The euphoria last week about the drop in inflation was  just a blind and meaningless to most of us. It means less costs for businesses, as Soonaxed said, but he didn't say those reductions would be passed on to the consumer.

All in all, it's give with one hand, take back with the other. 

[theshedman]

And in your case gulliver1 never answer a question unless you are certain you are right, which you are not very often.

[ichkeria]

"The rise in the state pension will be easily swallowed up by other increases generally."

That is the point of the so-called "triple lock" though surely. Depends which was round you look at it.

[gulliver1]

"We are putting money  in the pockets of pensioners " says the DWP .But Mel stride Dwp secretary failed to tell them, they will take it out again before they can spend it.

[Ken4155]

This is probably Gulliver's source;

 

https://www.express.co.uk/news/politics/1885941/state-pension-rise-hit-by-stealth-tax

 

 

[New Judge]

Any progress on how your figures were calculatted?

[ichkeria]

lol I think it is Ken, don't you?

But it's what I said at the outset: the "triple lock" covers pension rises. It is not about managing the many different personal tax situations people have.

[gulliver1]

There is no doubt that millions of (used to be) Tory voting pensioners across the UK are sick of being taken for granted by the Tory Party, and are well prepared to help get them into those opposition benches.... that are crying out for them.

[youngmafbog]

As I said right up top the only people really hit are those with mega pensions that make them pay higher rate tax and as a good socialist I would have thought Mr Gullver1 would have approved wholeheartedly.

Mind you as someone who obviously reads the Daly excess one has to wonder where his allegenies really lie.  I reckon h'e a closet Tory!

[retrocop]

Whatever he does read he clearly doesn't seem to understand it but just copies it anyway. Ask him a simple question on what he has posted and he is stumped.

[newmodarmy]

Even the 'pair of bolt cutters'reference was copied from Lib Dem spokesperson quoted in the Express. All the cherry picked figures comparing apples and oranges are lifted from there

[newmodarmy]

Clearly just copied without any attempt to understand how they were arrived at or what they mean

[DTCwordfan]

Now we know why the Labour Party tax calculators are so screwed up.

[gulliver1]

10 Clarion @ 13.55 Best Answer,,,Spot On!

[gulliver1]

Same old ,same old. Tory plan. Promise the electorate the earth to get elected. Then rip the poor off...to pay the Rich

All for one and all for me.    Robin Hunt and his merry men.

[10ClarionSt]

Thank you gulliver1, for giving me BA. My answer is the actual situation for me and my wife. The answers from other users, posted after mine, have totally ignored my post and just want to focus on ridiculing gulliver, and where the info is coming from. My info is fact. It applies to me. It's happening now. It probably applies to lots of others too. 

 

[theshedman]

No 10ClarionSt, other answers are not trying to ridicule gulliver1 as you put it but trying to get him to answer how he has come by these figures.  He puts these posts on nearly every day and very rarely will he then answer any question put to him and it is usually him that ridicules others by coming out with a sarky comment rather than giving an answer.