ChatterBank1 min ago
Tories To Change Inheritance Tax Rules
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As well as cuts to Working Tax Credits and Housing Benefit, you can always rely on the Tories to do all they can to help the working class ! We are all in this together, after all !
As well as cuts to Working Tax Credits and Housing Benefit, you can always rely on the Tories to do all they can to help the working class ! We are all in this together, after all !
Answers
that's a blessing for Londoners on average incomes; my modest flat is probably worth that. For Londoners' children, anyway. However, I thought we were living in straitened times and were all still having to tighten our belts. So why is he giving money away at all?
08:39 Sat 04th Jul 2015
Nobody should receive in-work benefits. They found out what happens 200 years ago and amazingly(tic) nothing has changed.
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I have just seen some numbers on IHT, in todays "Times" I would like to post a link but can't, so here they are.
During 2014-2015, IHT brought in £3.8bn, and effected just 6.5% of deaths during the same period.
In 2019-20, if changes are not made, IHT will bring in £6.4bn, and effect 11.6% of deaths.
Its perfect clear from the figures above, that house prices provide the lion's share of contributions to IHT liability.
Now, perhaps I am too optimistic, but if we need to make £12bn in cuts, £6.4bn would go a long way to making a big dent in the savings needed.
Osborne may be cutting his nose off to spite his face, just to placate some of his wealthier supporters !
During 2014-2015, IHT brought in £3.8bn, and effected just 6.5% of deaths during the same period.
In 2019-20, if changes are not made, IHT will bring in £6.4bn, and effect 11.6% of deaths.
Its perfect clear from the figures above, that house prices provide the lion's share of contributions to IHT liability.
Now, perhaps I am too optimistic, but if we need to make £12bn in cuts, £6.4bn would go a long way to making a big dent in the savings needed.
Osborne may be cutting his nose off to spite his face, just to placate some of his wealthier supporters !
mikey
I take it you will be flying the red flag and sing the "internationale"for this working class family who,hopefully will be parting with their benefits in the £12 billion clawback by this government.
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I take it you will be flying the red flag and sing the "internationale"for this working class family who,hopefully will be parting with their benefits in the £12 billion clawback by this government.
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It was actually none other than Winston Churchill who introduced the framework for the minimum wage;
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Kandro...If you are correct in what you say about Churchill, what a pity it is then, that his successors in the Tory Party never saw the need to bring in the Minimum Wage, in all the years they were in Power, especially from 1979 to 1997 !
They fought tooth and nail against the legislation brought in by Blair after his landslide Election, although they appear to have had a conversation now, rather in the manner of what happened to St Paul, on the road to Damascus.
Perhaps that they can now take up the baton, so to speak, and raise the Minimum Wage closer to a living wage.
They fought tooth and nail against the legislation brought in by Blair after his landslide Election, although they appear to have had a conversation now, rather in the manner of what happened to St Paul, on the road to Damascus.
Perhaps that they can now take up the baton, so to speak, and raise the Minimum Wage closer to a living wage.
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