Re: Budget 2013 : Wed Mar 20, 2013 9:25 pm  

cod'ead wrote:

It may have escaped your notice but we are discussing THIS YEAR'S BUDGET

And was the 10k personal allowance not in THIS YEAR'S BUDGET?

No one said we were comparing THIS YEAR'S BUDGET to next year's taxation - you took it upon yourself to do that because it suited your argument!!

Re: Budget 2013 : Wed Mar 20, 2013 9:32 pm  

cod'ead wrote:

What is crazy about Land Value Taxation?

1. The cost of administering it would put a huge hole in whatever revenues it might generate
2. It would have a very negative impact on land values and would see significant business failures
3. This would just create an opportunity for pension funds/hedge funds to benefit massively.
4. You want this land for rental properties, problem is you are creating a huge benefit later down the line - at least if people own their own homes they are not reliant on house benefit to pay their rent.

Need I go on?

Re: Budget 2013 : Wed Mar 20, 2013 9:41 pm  

Sal Paradise wrote:

And was the 10k personal allowance not in THIS YEAR'S BUDGET?

No one said we were comparing THIS YEAR'S BUDGET to next year's taxation - you took it upon yourself to do that because it suited your argument!!

It was announced in this year's budget, it will not take effect until fiscal year 2014/15. I was responding to a claim that people would be £650 better off, something that is clearly wrong

Much can happen between then and now. Not least the detail that will come out once the Red Book has been analysed.

Gidiot has done his best to produce a "Jam tomorrow" budget, his record so far doesn't bode well. Unless a myracle occurs, he will be going into the next election leaving the country's finances in a worse state than he found them and all but the rich, a damn sight worse off financially.

Re: Budget 2013 : Wed Mar 20, 2013 9:44 pm  

Sal Paradise wrote:

1. The cost of administering it would put a huge hole in whatever revenues it might generate
2. It would have a very negative impact on land values and would see significant business failures
3. This would just create an opportunity for pension funds/hedge funds to benefit massively.
4. You want this land for rental properties, problem is you are creating a huge benefit later down the line - at least if people own their own homes they are not reliant on house benefit to pay their rent.

Need I go on?

No, what you really do need to do is understand the difference between Land Value Taxation and my proposal for funding housebuilding in the social rented sector.



Even by your obviously low standards of comprehension, this one is a fooking classic

Re: Budget 2013 : Wed Mar 20, 2013 10:10 pm  

This graph is popular on Twitter: <blockquote class="twitter-tweet"><p>Incredible graph from @<a href="https://twitter.com/azizonomics">azizonomics</a> on George Osborne's failure as Chancellor, compared to Obama <a href="http://t.co/XJWCFGu3pX" title="http://twitter.com/azizonomics/status/314347551497256962/photo/1">twitter.com/azizonomics/st…</a></p>&mdash; Sunny Hundal (@sunny_hundal) <a href="https://twitter.com/sunny_hundal/status/314381041425059840">March 20, 2013</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>

This graph is popular on Twitter: <blockquote class="twitter-tweet"><p>Incredible graph from @<a href="https://twitter.com/azizonomics">azizonomics</a> on George Osborne's failure as Chancellor, compared to Obama <a href="http://t.co/XJWCFGu3pX" title="http://twitter.com/azizonomics/status/314347551497256962/photo/1">twitter.com/azizonomics/st…</a></p>&mdash; Sunny Hundal (@sunny_hundal) <a href="https://twitter.com/sunny_hundal/status/314381041425059840">March 20, 2013</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>

Re: Budget 2013 : Wed Mar 20, 2013 10:16 pm  

Dally wrote: This graph is popular on Twitter: <blockquote class="twitter-tweet"><p>Incredible graph from @<a href="https://twitter.com/azizonomics">azizonomics</a> on George Osborne's failure as Chancellor, compared to Obama <a href="http://t.co/XJWCFGu3pX" title="http://twitter.com/azizonomics/status/314347551497256962/photo/1">twitter.com/azizonomics/st…</a></p>&mdash; Sunny Hundal (@sunny_hundal) <a href="https://twitter.com/sunny_hundal/status/314381041425059840">March 20, 2013</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> FFS will you please learn to link

Dally wrote: This graph is popular on Twitter: <blockquote class="twitter-tweet"><p>Incredible graph from @<a href="https://twitter.com/azizonomics">azizonomics</a> on George Osborne's failure as Chancellor, compared to Obama <a href="http://t.co/XJWCFGu3pX" title="http://twitter.com/azizonomics/status/314347551497256962/photo/1">twitter.com/azizonomics/st…</a></p>&mdash; Sunny Hundal (@sunny_hundal) <a href="https://twitter.com/sunny_hundal/status/314381041425059840">March 20, 2013</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> FFS will you please learn to link

Re: Budget 2013 : Wed Mar 20, 2013 10:21 pm  

cod'ead wrote:

FFS will you please learn to link

Couldn't get it to work - but you can see where it is. just search George Osborne and look down the tweets.

Re: Budget 2013 : Wed Mar 20, 2013 10:29 pm  

Mortgage guarantee scheme could be used on buying second homes FFS

Mortgage guarantee scheme could be used on buying second homes FFS

Re: Budget 2013 : Wed Mar 20, 2013 11:42 pm  

WIZEB wrote:

Rodent just coming on C4 News now.
See how he does.

Nice free ride for him there Jon!

He was on Newsnight and Paxo was on.
Funny as

Re: Budget 2013 : Thu Mar 21, 2013 8:58 am  

El Barbudo wrote: Surely that's easy to get around ... you just have to label it as a reduction in duty on lower-strength drink. After all, the EU produces beer as well. More here

El Barbudo wrote: Surely that's easy to get around ... you just have to label it as a reduction in duty on lower-strength drink. After all, the EU produces beer as well. More here