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(Guardian)   At this point the UK might just as well go ahead and apply to become USA's 58th State   (guardian.co.uk) divider line 14
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2924 clicks; posted to Business » on 22 Mar 2012 at 8:35 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-03-22 08:44:16 AM
Well, it seems like they've learned Fail 101 from the Professors of Failology.
 
2012-03-22 09:02:59 AM
Take THAT poor people!
 
2012-03-22 09:07:36 AM
Yeah, I'm sure it has nothing to do with thinking we could extend the lives of and payouts to everyone.
 
2012-03-22 09:39:24 AM
They'll have to get rid of the whole "You aren't allowed to own handguns" thing they have going on over there before they can become a state. We've got standards, after all.
 
2012-03-22 09:43:38 AM
not that I don't think the criticism of Cameron is unfounded, but won't the benefit reductions be offset by the increased personal deductions?

But Labour accused the chancellor of funding this giveaway through a "granny tax", pointing out 4.4 million taxpaying pensioners would lose on average £84 a year as a result of the plan to freeze their personal allowances.

Osborne himself insisted the budget was primarily designed to support working families after bowing to months of Liberal Democrat pressure by raising the income tax personal allowance by more than £1,000 to £9,205. The measure, skewed to lower-rate taxpayers, affects 23 million taxpayers and will cost £3bn.
 
2012-03-22 09:56:40 AM
Yep, that definitely sounds like a GOP type plan. Cut taxes on rich people, they are suffering! Raise taxes on old poor people, they can afford it. Cat food is cheap.
 
2012-03-22 10:00:14 AM

Walker: Yep, that definitely sounds like a GOP type plan. Cut taxes on rich people, they are suffering! Raise taxes on old poor people, they can afford it. Cat food is cheap.


You obviously don't own a cat. Generic canned tuna is cheaper than
 
2012-03-22 10:05:49 AM

dittybopper: Walker: Yep, that definitely sounds like a GOP type plan. Cut taxes on rich people, they are suffering! Raise taxes on old poor people, they can afford it. Cat food is cheap.

You obviously don't own a cat. Generic canned tuna is cheaper than


Cheaper than what?
 
2012-03-22 10:11:31 AM

Cythraul: dittybopper: Walker: Yep, that definitely sounds like a GOP type plan. Cut taxes on rich people, they are suffering! Raise taxes on old poor people, they can afford it. Cat food is cheap.

You obviously don't own a cat. Generic canned tuna is cheaper than

Cheaper than what?


Someone's mama, to be certain.
 
2012-03-22 10:16:23 AM
i.imgur.com
 
2012-03-22 10:22:16 AM

Cythraul: dittybopper: Walker: Yep, that definitely sounds like a GOP type plan. Cut taxes on rich people, they are suffering! Raise taxes on old poor people, they can afford it. Cat food is cheap.

You obviously don't own a cat. Generic canned tuna is cheaper than

Cheaper than what?


Cheaper than dates, but more expensive than pasta. The cherry blossoms are in bloom. Nicholas is walking up Broad Street, but Jane is staying at home. The garden is full of weeds.
 
2012-03-22 10:27:49 AM
I think it was a decent budget and Labour's premeditated line of attack was undercut by the rise in the personal income tax allowance. Pensioners took a very small hit and while accusations of a Granny Tax might get some bites the policy of evening up pensioners income allowance with those still working seems fair. Remember not all pensioners are struggling financially.

Some of the business breaks were surprising given the tone of recent discussions, especially for the video games industry and entertainment industry.

Other good news was frozen petrol duty and no rise in the cost of beer.

The only problem I have with the budget is that in supposedly austere times the govt just gave away money at both ends of the income tax spectrum.
 
2012-03-22 07:16:01 PM

Faddy: Remember not all pensioners are struggling financially.


Can't speak for the UK but here in the US, olds are by far the wealthiest group of people. In fact, the net worth gap between people in their 20's and 30's and people over 65 has widened enormously in the last 20 years.
 
2012-03-22 11:19:56 PM
Something of use for our British cousins to ponder.
 
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