Conservative Budget 2010 date, predictions., results, pains.

[Political Pain]

So what is going to be up for the chop, what is going to rise, who is going to feel the PAIN?

[Martin Keene]

We're all going to feel the pain in someway shape or form.

The hope is being a member of the working society instead of the sitting on arse thieving oxygen society, we'll feel the pain less.

[Racingdude009]

VAT up to 20%
Increase in Fuel Duty
Increase in Duty on Booze and Fags
Reduction in Top Rate of Income Tax to 45%

[Maxf]

VAT @ 20% by September

[Bing o]

Chatting to a mate of mine at the Treasury, there is fk all they can cut without huge penalty fees.

So taxes up.

[Bing o]

Chatting to a mate of mine at the Treasury, there is fk all they can cut without huge penalty fees.

So taxes up.

[Political Pain]

VAT 20%
Fuel tax changed totally to include additional tax for rail/public transport levy.
5% surcharge on flights up to 10%
House sales gets new tax, through stamp duty levy.

[mondeoman]

With the LibDems and CMD involved, expect car ownership to become HUGELY expensive

[ShadownINja]

I suppose someone has to pay for Gordon's gambling debts.

[Political Pain]

ShadownINja said:

I suppose someone has to pay for Gordon's gambling debts.

Oh yes, we're going to pay and pay big.

[nelly1]

mondeoman said:

With the LibDems and CMD involved, expect hugely expensive car ownership to become even more HUGELY expensive

EFA

[Political Pain]

Yeah, but what will hit in the first budget, will go for throat straight away or ramp it up over 2 or three?

I think he has to hit it hard in one go, literally kill the beast rather than wounding it.

Immediate cap on pensions is my guess and then cuts on larger ones progressing down the scale in subsequent budgets.

[Dave Angel]

Gaz. said:

The civil service and public sector will get savaged. I wouldn't be surprised if he knocks their pension on the head too.

Hence my comment here from another thread...

'It's going to be an interesting summer/autumn when CMD starts to swing the axe.'

Riots by the ne'er-do-wells and public service employees facing the chop, joined by sundry groups of pseudo-marxists, disaffected dossers and any kind of rentamob you care to name.

[Political Pain]

There have been riots in Ireland today due to the axe swinging around their nether regions!

Could it happen here?

[navier_stokes]

Gaz. said:

The civil service and public sector will get savaged. I wouldn't be surprised if he knocks their pension on the head too.

We can only hope...

[ringram]

Yep VAT up
A delay before personal allowance increased to 10k
wage freeze for enhanced dole (public service)
State pensions linked to life expectancy
final salary pensions scrapped and changed to defined contribution
Pointless public sector roles eliminated
politician pay reduced and MP's reduced

Look to more cuts and less taxes.

But I do expect sin taxes to increase, which is also good.

[randlemarcus]

ringram said:

But I do expect sin taxes to increase, which is also good.

bks. Spend less, take less of my money for the same net effect. Waste less on five a fricking day consultants. Waste less on management consultants. Balance income and outgoings, and jobs a good un.

Sin tax? FFS, thats halfway to the existing fkup of banning everything because the Daily Mail doesnt like it.

[Political Pain]

SIN tax... we are all sinners, I drive, that's a sin to some, I smoke, another 'sin', I don't drink but I'm damned if I would consider that people should be taxed for a PLEASURE!

One mans 'sin' is another mans pleasure or relaxation.

[Tangent Police]

Internet tax.

[Political Pain]

Tangent Police said:

Internet tax.

That would be so unfair, two weeks into this thing and it gets taxed. Evil.