Most liked posts in thread: Social Care, NHS, National Insurance

Its just another broken government promise, another kick in the balls for the poorest people in the country.

I have zero trust in the honesty and capability of any political party or politician. Not one.

Guy Fawkes had it right tbf.

 

They'll be at home in Bradford then eh ?

 

Interesting ( but sneaky) the government are raising NI by adding a social care levy of 1,25%, By calling it a levy they can and will require pensioners to pay it from 2023,

 

Oh yeah lets lol...

 

Have you got a link to that info about pensioners being levied Trevor?

 

Who are these people getting 8.8% pay rise over past 12 months? I don’t know anyone that has had anything close to that, unless they are including one off bonuses for workers working through COVID lock downs but that isn’t a pay rise as it was a one off

 

Aah! I thought it might be something like that.

 

I presumed it was that but had been at work until late tonight so hadn’t read any of the detail just seen people talking about 8.8%. Maybe what they should have done is take the increase from two years ago and factored in last years pension increase

 

It is being levied on dividends.

 

Nothing to do with salary and more to do with the fact younger people will spend longer paying the higher rate regardless of salary, as obviously they will spend longer being of working age. Also think it's somewhat unfair that I will pay more but my landlord, who has a portfolio of around 20 properties and much higher income than me as a result, will pay nothing more. pretty obvious stuff really


solutions for alternative ways to raise funds
-use the £350m a week saved in contributions to the EU (hahaha)
-Scrap the wildly inefficient and obscenely over budget HS2



left leaning people's views on taxation are a bit more nuanced than hurr durr i like it when people pay more tax

 

Wonder if Boris and the Torys will restore some of the 17,000 NHS beds got rid of since they came to power,

 

spot on

 

Wouldn’t matter if Starmer got in at the next election anyhow. Let’s be honest, there’s a fag papers difference between the 2 parties at the minute, has been for the last 25 years, we’re a one party state. It’s just a competition to see who can be the most patriotic, act like they really like football and butter up the true leader of the country, Rupert Murdoch. We really are pathetic.

 

After income tax, NI increases, student loans I think I read that young people earning over 27k now are paying 42% tax. Top that off we have house prices at the highest ever. NIMBYS (usually old people) blocking new houses being built.

The older generation are simply living off the next.

@YungNath has it right

 

£12 a year? are you having a laugh.

here...

Graduates face a tax rate of 42% on their pay rises
The extra levy creates the highest tax burden for decades on working-age Brits.

And graduates will be particularly hard-hit, because they’re also repaying a student loan.

Analysis by the FT suggested graduates on £30k who earn a £1,000 pay rise next year will not see 42% of it - even though their income tax rate is technically 20%.

Some £200 would go to income tax, £132.50 in national insurance and £90 in student loan repayments.

 

I don't think OAPs are being blamed at all. People are annoyed that in just a few generations, the opportunity to get on the housing ladder is a much harder prospect than it was in times gone by. Some OAPs are sympathetic. Others are very vocal in their disrespect and ignorance of the challenges people face now when trying to buy in.

 

So very true, our first home was purchased on my salary alone after just coming out on my apprenticeship at Crofts.
The Blair government actively encouraged young couples to buy on both incomes setting up child care to try and help, which although sounded a great help this also pushed up house prices, then of course the sub prime came along.
You're quite right the bank of mum and dad was a great help to those lucky enough to have parents who had the finance to help.
I don't think Thatcher helped with regards housing when she allowed the sale of social housing where many who had lived in council properties many years got a great discount, which at the time was unfair to those who had bought privately, I know of several associates who's parents were long time council tenants who bought their parents homes at a massively reduced price, and as their parents passed sold the properties for much more than they originally paid.

 

Ask someone on £100k a year what rate of tax they pay. They wont mention the first 27K