Budget 2009
- Thread starter Boxby
- Start date
V
visagephoto
New Member
Scottish Business Owner
New Member
As predicted not any good news really with the exception of the Isa limits increasing.
This new £150,000 50% tax is a kind of robin hood style situation and I really begin to wonder if that will send all the big talent abroad in search of better opportunities.
It's kind of all been about a Buy Now Pay Later approach and it's not very clear how we'll all pay it back. I think alot has been held back with an election looming. If Labour stay we'll all get battered next term and if the Tories get in they'll spend all their time blaming Labour!
This new £150,000 50% tax is a kind of robin hood style situation and I really begin to wonder if that will send all the big talent abroad in search of better opportunities.
It's kind of all been about a Buy Now Pay Later approach and it's not very clear how we'll all pay it back. I think alot has been held back with an election looming. If Labour stay we'll all get battered next term and if the Tories get in they'll spend all their time blaming Labour!
Adventurelife
New Member
This really is so straight forward and simple if you were just dealing with the money side and not the politics of it all.
We are where we are and that cannot change, it is the worst situation we have been in as a country for a very, very long time but so be it.
Which ever party is in and I do not support any of them has three choices going forward.
1. Massive and I mean massive reduction in public spending.
2. Raise taxes across the board, stealth and direct.
3. Combination of both of above.
To "bet" the future of the country on growth in future years is stupid when the debt is so high, none of these clowns could run a corner shop never mind a country so "betting" on growth should be made a criminal offence for politicians. The reality is we have to take pain now and for several years to get the books back into a decent state.
If we do not the pound is going south a lot more and you will see the big boys start to leave in droves.
As always though politics will get in the way and no matter who is in power they will faff about and take three to four times as long to sort it, which may mean 10-15 years instead of taking hard decisive action for a period of 3 years that would get the debt under control.
It should be compulsory for which every party that is in power and in surplus to save for a rainy day ie like Norway as we will always have rainy days.
Blaming it on a world economic collapse is just bollocks, I hate people that cannot take responsibility for their actions.
Peter
We are where we are and that cannot change, it is the worst situation we have been in as a country for a very, very long time but so be it.
Which ever party is in and I do not support any of them has three choices going forward.
1. Massive and I mean massive reduction in public spending.
2. Raise taxes across the board, stealth and direct.
3. Combination of both of above.
To "bet" the future of the country on growth in future years is stupid when the debt is so high, none of these clowns could run a corner shop never mind a country so "betting" on growth should be made a criminal offence for politicians. The reality is we have to take pain now and for several years to get the books back into a decent state.
If we do not the pound is going south a lot more and you will see the big boys start to leave in droves.
As always though politics will get in the way and no matter who is in power they will faff about and take three to four times as long to sort it, which may mean 10-15 years instead of taking hard decisive action for a period of 3 years that would get the debt under control.
It should be compulsory for which every party that is in power and in surplus to save for a rainy day ie like Norway as we will always have rainy days.
Blaming it on a world economic collapse is just bollocks, I hate people that cannot take responsibility for their actions.
Peter
doogie
New Member
I was hoping that the car scrapping scheme would've benefited me by making my current car easier to sell (anyone want to buy an LPG powered 1990 BMW 730i? LOL!) as I'm no longer using it due to passing my bike test, but they included the date restriction clause meaning that if I sell it to someone else they won't qualify under the scheme. 
Rickwood Portpatrick
New Member
I have delayed commenting on the Budget because I am so angry.
As usual, Labour`s front man, Comical Ali and his puppeteer, have insulted the intelligence of the nation with a further load of cr4p.
Why can they not be honest and come out with the fact that economic growth is not possible, at least as we have known it in the past. If, as Ali suggests (and this is highly unlikely) growth does start late on in 2009 then oil prices will start to rocket again. With the weak £ the effect on fuel prices will be even worse than early last year.- £2 or £3 plus for a litre of diesel would not be impossible. This will make inflation soar and they will then increase sharply interest rates which will have the effect of cancelling out any growth etc.etc.
What they need to do is say to us - this is where we are, we need to make do with less for now and concentrate on buildng a future based on, primarily nuclear energy, renewables etc. Hopefully once the energy issue is sorted then we can look to improve matters. Merely trying to start where we left off by doing more of what has been done since the Industrial Revolution is not an option for 2009.
As usual, Labour`s front man, Comical Ali and his puppeteer, have insulted the intelligence of the nation with a further load of cr4p.
Why can they not be honest and come out with the fact that economic growth is not possible, at least as we have known it in the past. If, as Ali suggests (and this is highly unlikely) growth does start late on in 2009 then oil prices will start to rocket again. With the weak £ the effect on fuel prices will be even worse than early last year.- £2 or £3 plus for a litre of diesel would not be impossible. This will make inflation soar and they will then increase sharply interest rates which will have the effect of cancelling out any growth etc.etc.
What they need to do is say to us - this is where we are, we need to make do with less for now and concentrate on buildng a future based on, primarily nuclear energy, renewables etc. Hopefully once the energy issue is sorted then we can look to improve matters. Merely trying to start where we left off by doing more of what has been done since the Industrial Revolution is not an option for 2009.
Boxby
New Member
Hey Fred.
Alistair says; "have you been listening to Maggie again?"
Some good valid points. It's going to be a scary decade for us, it's the first really that i've truely had no idea of where the economy is likely to be in 5 years time. All wee business like us can do is carry on, slog away and keep our fingers crossed.
Unless, of course, your standing for parliament, in which case we'll relocate so that we can vote for you.
Alistair says; "have you been listening to Maggie again?"
Some good valid points. It's going to be a scary decade for us, it's the first really that i've truely had no idea of where the economy is likely to be in 5 years time. All wee business like us can do is carry on, slog away and keep our fingers crossed.
Unless, of course, your standing for parliament, in which case we'll relocate so that we can vote for you.
Business Web Design 
Dexion Pallet Racking Supplier 
rhtltd.co.uk
BRCGS Training Course Provider 
Conveyor Part Suppliers 
UK Legal Number Plates 
Commercial Print Services Latest Posts
- DHow Much Support Do New Entrepreneurs Really Need?
- Latest: deanwinterberg
-
Stats
- Threads
- 4,883
- Messages
- 28,520
- Members
- 5,937
- Latest member
- Mason Wills