_w_ Posted June 22, 2010 Share Posted June 22, 2010 My conclusion: a non-event. The lack of change is inversely proportional to the amount of rhetoric and dramatisation. Typical modern politics. Quote Link to comment Share on other sites More sharing options...
buzzardo Posted June 22, 2010 Author Share Posted June 22, 2010 What a complete joke. Where is the pain they all kept speaking about? Harriet Harbeatch is about to stand up and respond. THAT will be painful.... But +1 on the rest of it. F**k all big pain that I can really see, and not much that's going to reduce house prices - thereby bringing about REAL fairness. What a load of sloblock that was. But talking of sloblock.... heeeeeeere's Harriet B Quote Link to comment Share on other sites More sharing options...
IP Newcomer Posted June 22, 2010 Share Posted June 22, 2010 On CGT from the Telegraph's feed 13.26 Harry Wallop, Consumer Affairs Editor, says Mr Osborne's CGT measures will have reassured Telegraph readers. He says "The £10,100 threshold was kept. That was their major worry. This will protect majority of people with share portfolios. Won't help the BTLers though. Quote Link to comment Share on other sites More sharing options...
R K Posted June 22, 2010 Share Posted June 22, 2010 Excellent. Especially liked the proposals to rebalance across the regions. Yvette B0llocks has a face like a slapped ar5e hehe. Quote Link to comment Share on other sites More sharing options...
tim123 Posted June 22, 2010 Share Posted June 22, 2010 Very dissapointed with CGT rise, and the £400 a WEEK for 4bed house housing benefit cap. Even the £250 per week for a 1-bed flat is a lot! That a nationwide cap. The local limits will still apply. In Liverpool, for example, the maximum will still be 92 (1b) & 225 (5b). (As per my other post) this limit only forces people to move from Central to Outer London. tim Quote Link to comment Share on other sites More sharing options...
57percent Posted June 22, 2010 Share Posted June 22, 2010 Harperson on now. God she/it is rubbish. Quote Link to comment Share on other sites More sharing options...
stu531 Posted June 22, 2010 Share Posted June 22, 2010 Was there detail on what the top whack housing benefit there was for 2- or 3- bedroomed properties? I heard 1 and 4, but not 2 or 3, which is where the majority would want to go, I would have thought. Quote Link to comment Share on other sites More sharing options...
evictee Posted June 22, 2010 Share Posted June 22, 2010 Harriet Harbeatch is about to stand up and respond. THAT will be painful.... A million hands reach for remote control volume switches in unison. Quote Link to comment Share on other sites More sharing options...
SpectrumFX Posted June 22, 2010 Share Posted June 22, 2010 No increase in fags, booze or petrol. F*ck it - I just put £97 of petrol in the car as a hedge. I never fill the damn thing up normally :angry: B Ah - but duty on Cider up 10%. WTF is that about?! No need to put them up. They charge VAT on the duty, and they've put VAT up Quote Link to comment Share on other sites More sharing options...
muggle Posted June 22, 2010 Share Posted June 22, 2010 Restoring earning link for pensions AND guaranteed rises of at least 2.5%?! With the size of the retiring baby boomer demographic about to retire and their wages far exceeding that of the jobs of the young they are being replaced with how the hell is he proposing to pay for this? More unfunded promises. Nothing changes. Pathetic :angry: Quote Link to comment Share on other sites More sharing options...
Si1 Posted June 22, 2010 Share Posted June 22, 2010 Osborne is not Howe. Keynes is hovering. Hope it works. Quote Link to comment Share on other sites More sharing options...
shindigger Posted June 22, 2010 Share Posted June 22, 2010 Harriet Harbeatch is about to stand up and respond. THAT will be painful.... But +1 on the rest of it. F**k all big pain that I can really see, and not much that's going to reduce house prices - thereby bringing about REAL fairness. What a load of sloblock that was. But talking of sloblock.... heeeeeeere's Harriet B Turned off. Im well hacked off with that. Bottled it. Hes gonna keep paying hcild beno to the Rooneys, Beckhams and Ferdinands. Hes not set a tax on empty property be it houses or shops. Complete non event. Quote Link to comment Share on other sites More sharing options...
Errol Posted June 22, 2010 Share Posted June 22, 2010 I don't think the Conservatives have a clue about just how serious the situation is. This budget did nothing to address anything at all. Quote Link to comment Share on other sites More sharing options...
neilbaddiel Posted June 22, 2010 Share Posted June 22, 2010 Ok - so someone put me right - my mates got 40+ BTL flats and always boasts he pays less tax than me (i.e says he pays himself around 15K a year to Mr Taxman) ....yet drives around in brand spanking TT, out every weekend , always buying top notch stuff. The properties he has are no where near £280 per week limit - I'm guessing he'll be ok, and I'm never gonna get to say 'told ya they'd fall' (well more like praying that prices would fall.......and yeah I am jealous of him ! Quote Link to comment Share on other sites More sharing options...
D.C. Posted June 22, 2010 Share Posted June 22, 2010 My conclusion: a non-event. The lack of change is inversely proportional to the amount of rhetoric and dramatisation. Typical modern politics. Yup. The largest costs in the benefit system is pensioners. - Rise in spending guaranteed in budget. The largest costs in the NHS is pensioners. - Rise in spending guaranteed in budget. How on earth is a balanced economy one where you attempt to tax the low paid or unemployed young to pay for the massively expanding pension state? Feck it. When is the flight to Singapore? Quote Link to comment Share on other sites More sharing options...
Alan B'Stard MP Posted June 22, 2010 Share Posted June 22, 2010 A million hands reach for remote control volume switches in unison. A million ! They should tax that. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted June 22, 2010 Share Posted June 22, 2010 Harperson on now. God she/it is rubbish. She does not talk to but talks down IMPO. As for the budget - the worst budget in history... was that it? I can only conclude that the real pain is going to come in tens of thousands of public sector job cuts. Quote Link to comment Share on other sites More sharing options...
Si1 Posted June 22, 2010 Share Posted June 22, 2010 More unfunded promises. Nothing changes. Pathetic but all other benefits will rise with CPI not RPI, which is lower (?) Quote Link to comment Share on other sites More sharing options...
righttoleech Posted June 22, 2010 Share Posted June 22, 2010 So, how does a flat rate 28% CGT with no indexation or taper relief compare top the previous 40% CGT with taper relief? Also need to factor in the housing benefit cuts to try and assess the impact for BTL'ers. Bigger changes would feel better to most of us here......but sudden rapid changes can have undesirable consequencies. I see these two changes as useful disincentives to BTL which could be ramped up in future budgets. Quote Link to comment Share on other sites More sharing options...
Hip to be bear Posted June 22, 2010 Share Posted June 22, 2010 Harriet........................what a catterwauling harridan!!!!!!!!!!! She makes osborne look slick and professional! Quote Link to comment Share on other sites More sharing options...
VeryMeanReversion Posted June 22, 2010 Share Posted June 22, 2010 "Except for health and international aid, this means a cut of 25 per cent across Whitehall. " Well, that is good news for HPC. Wages is going to be the bulk of Whitehall spending. Quote Link to comment Share on other sites More sharing options...
the flying pig Posted June 22, 2010 Share Posted June 22, 2010 basically i reckon the tories said to the libdems something like 'look, we need you, but we don't need you that much. you can have two of the following four things: 1 - income tax threshold raised; 2 - a small increase in CGT; 3 - a further small increase in CGT; and 4 - restraint over VAT rises. your choice, which is to be?' Looks like the libdems went with 1 and 2... Quote Link to comment Share on other sites More sharing options...
tim123 Posted June 22, 2010 Share Posted June 22, 2010 Tim, housing benefit benefits landlords (by putting a floor under rents) and penalises the working poor. Yep and in most areas that floor is below the market rent for a decent property. Where I am now, only scummy flats are available at HB rates tim Quote Link to comment Share on other sites More sharing options...
_w_ Posted June 22, 2010 Share Posted June 22, 2010 I don't think the Conservatives have a clue about just how serious the situation is. This budget did nothing to address anything at all. Oh I think they do, but they prefer to play the inflation card. Quote Link to comment Share on other sites More sharing options...
SarahBell Posted June 22, 2010 Share Posted June 22, 2010 Is it just me, or is Clegg putting on a bulldog-licking-a-wasp face every time he hears the word "Cuts"? LOL And the lady behind doing her shopping list for asda this afternoon ... Quote Link to comment Share on other sites More sharing options...
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