tag:blogger.com,1999:blog-7647685282789008730.post7531181691931154955..comments2024-03-02T02:56:21.007+00:00Comments on ......SHOT BY BOTH SIDES: Budget response from the MP for Bristol EastKerryhttp://www.blogger.com/profile/02377996092374137641noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-7647685282789008730.post-49844226890432805322009-04-24T18:40:00.000+01:002009-04-24T18:40:00.000+01:00The Government's own sustainability advisers, the ...The Government's own sustainability advisers, the Sustainable Development Commission, proposed a £30bn investment package very similar to the Green Party's Budget proposals. They calculated that this would create 800,000 jobs and really made a good start on building for future generations. Government should have taken this advice in full. Another great opportunity has been missed.Glenn Vowleshttps://www.blogger.com/profile/02392000659876958930noreply@blogger.comtag:blogger.com,1999:blog-7647685282789008730.post-16862060316669760952009-04-24T08:35:00.000+01:002009-04-24T08:35:00.000+01:00I have done a more in-depth analysis of the car sc...I have done a more in-depth analysis of the car scrappage scheme <A HREF="http://bristoldaverants.blogspot.com/2009/04/why-governments-2k-off-new-car-scheme.html" REL="nofollow">here</A>.Bristol Davehttps://www.blogger.com/profile/13143336218499645984noreply@blogger.comtag:blogger.com,1999:blog-7647685282789008730.post-62062708758657952522009-04-23T09:24:00.000+01:002009-04-23T09:24:00.000+01:00The claims that the 50% tax will cause a brain dra...The claims that the 50% tax will cause a brain drain are rather strange, and pretty much wrong. I suspect there will be some who will leave under some misguided belief that they will be better off out of the UK. But the tax means that someone who earns £200,000 a year will pay £80 more in tax each week. In order to earn £200,000 a year you must be making a little under £1000 each working day (Monday to Friday). So will they really miss it? This also only effect 600,000 people, the top 1% of earners in the country. Most of them work in "the City" so it is not surprising "the City" disagree with the Government's budget.<br /><br />I have mixed views on the budget. Yes it would have been better if policy to tackle child poverty recieved more and some mention of fuel poverty would have been nice. But additional payments to the Child Trust Fund are to be welcomed (the Lib Dems after all want to scrap the policy) and there is a boost to the Growth Fund which will help credit unions provide loans.<br /><br />LeeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7647685282789008730.post-58688775649870856152009-04-23T08:54:00.000+01:002009-04-23T08:54:00.000+01:00So I suppose debt hitting (I'm still staggered by ...So I suppose debt hitting (I'm still staggered by this now) <B>79% of GDP</B> by 2013 is a good thing, is it Paul?Bristol Davehttps://www.blogger.com/profile/13143336218499645984noreply@blogger.comtag:blogger.com,1999:blog-7647685282789008730.post-25209188480043710782009-04-23T01:01:00.000+01:002009-04-23T01:01:00.000+01:00I dont think anyone can accuse bristol dave (is he...I dont think anyone can accuse bristol dave (is he my brother?) of looking for the positives in the budget - half epty this guy hasnt even got a glassUnknownhttps://www.blogger.com/profile/09433017097617427575noreply@blogger.comtag:blogger.com,1999:blog-7647685282789008730.post-50062084228284431772009-04-22T22:00:00.000+01:002009-04-22T22:00:00.000+01:00I understood most of the budget, and whilst I hate...I understood most of the budget, and whilst I hate to admit it as I don't think the Tories would be much better - Cameron's analysis was pretty bang on - we can't borrow our way out of debt. But here's something I'm having problems understanding.<br /><br />There is an announcement listed on the <A HREF="http://news.bbc.co.uk/1/hi/uk_politics/8011882.stm" REL="nofollow">BBC page</A> which states <I>From January all under-25s out of work for a year to be offered a job or training place with extra money on top of benefits for those in training</I>.<br /><br />I get how the government can guarantee young people training. But how on earth can they guarantee them a job? And if they can only guarantee training, what is the point if there aren't the jobs there for the trained people to fill?<br /><br />Other than that, not much else to say. Was disappointed he's squeezing the already heavily-punished motorist for even MORE fuel duty (which of course won't be taken off when VAT goes back up), but given his track record is hardly surprising. £2k off new car is utterly pointless as most people running a car that's over 10 years old probably can't afford a new car, even with a 2k discount, and you can get more off the new price just by buying one that's a year old with 20k on the clock. Plus it'd be a matter of weeks before dealers get wise to it and just hike their prices up, rendering it even more useless. 50% income tax on those earning 150k or more will just mean more high earners leaving the country (and no longer paying tax to UK) as lower foreign tax rates become even more appealing - yeah, great move Darling.Bristol Davehttps://www.blogger.com/profile/13143336218499645984noreply@blogger.comtag:blogger.com,1999:blog-7647685282789008730.post-16319387746876310012009-04-22T18:16:00.000+01:002009-04-22T18:16:00.000+01:00I know! really don't know what has come over me, a...I know! really don't know what has come over me, adrenaline boost from budget (don't laugh)I think. Told lecturer I was late because I was fixated by Alastair Darling's speech. They didn't believe me.BevaniteElliehttps://www.blogger.com/profile/04032582004452737280noreply@blogger.comtag:blogger.com,1999:blog-7647685282789008730.post-42963343407599378982009-04-22T18:13:00.000+01:002009-04-22T18:13:00.000+01:00You're in a feisty mood today young lady! The Chil...You're in a feisty mood today young lady! The Child Poverty Bill, which commits the Government to achieving the 2020 target of eradicating child poverty is about to be published... Watch this space.Kerryhttps://www.blogger.com/profile/02377996092374137641noreply@blogger.comtag:blogger.com,1999:blog-7647685282789008730.post-8715962502116109902009-04-22T18:07:00.000+01:002009-04-22T18:07:00.000+01:00I suppose the less money we assign to ending child...I suppose the less money we assign to ending child poverty, the greater excuse a future Tory govt. will have to 'do nothing'. We should have prioritsed this, amongst short term necessary measures, today and pulled off what could be most remarkable change in social history.BevaniteElliehttps://www.blogger.com/profile/04032582004452737280noreply@blogger.com