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What do you hope for in the budget?

(438 Posts)
Doodledog Sat 21-Sept-24 21:45:17

Just that, really.

There has been so much speculation, scaremongering and all round nonsense spoken lately, that I'm interested to know what people would like to see, and why. Not just what would benefit them personally (for a change) but what would be good for the country as a whole.

I would like to see some announcements about what is not going to happen. If the government doesn't intend to tax holidays and bingo tickets or whatever the papers are pretending, I'd like to see that declared at the start, so people actually listen to the budget, and will possibly stop speculating quite so much going forward. Obviously the papers would just speculate about different things though, so that's probably a bit of a pointless exercise.

I'd like to hear what is intended to happen with pensions, so that people can plan with guarantees. Will there be free contributions for non-workers with school age children, or will everyone be expected to contribute to their retirement - and if so, how will 'retirement' be defined? Can you retire from not working? Are workers expected to support non-workers, and if so, which ones and why? I have no problem with contributing towards benefits for carers, the sick, the disabled or the unemployed, but absolutely object to paying for people to look after their own homes when their children are at school. It would be good if we knew how our taxes are going to be spent on that sort of thing so people can make choices about who to vote for and what to insist on. Too late for our generation, but there is no reason why future ones shouldn't have a say in what their money supports and doesn't.

Apparently one in five people of working age isn't working. I'd like to see figures for that, and a plan for how the government intends to deal with it. Will they force the sick back to work, or will they expect those who do work to do two jobs for one salary? (I'm not saying these things are easy grin).

I'd like to see inheritance tax raised. Not the threshold lowered, but the percentage charged after the threshold raised. Maybe allow a sum per heir free of tax, as opposed to the estate being taxed? That would mean that larger families wouldn't be penalised on a per-person basis, but fewer people would get large sums tax free.

I'm not sure about sugar, alcohol, cigarette or junk food taxes. I'd prefer to see subsidies for healthy foods to make them more affordable and the same applied to soft drinks in pubs and restaurants - currently there is no cost advantage to ordering a non-alcoholic drink, so the options are ridiculously limited,

Enough about my wishlists (which are absolutely open to change if your ideas are better than mine). What are yours?

growstuff Mon 14-Oct-24 18:21:13

Casdon

Pantglas2

Is the answer the old state pension over the new state pension?

I.e £169.50 against £203.85 per week?

I hope that’s not the ‘answer’ as it’s based on a flawed equation if it is, because it doesn’t factor in the six extra years we younger pensioners had to work to get our pensions at all. We will have to live to be 75 before we overtake the total sum given to older pensioners, I’ve always felt that that is the age at which the pensions should be equalised, with a sliding scale so that the Waspis are fairly treated.

Nor does it factor in that, if we worked, we paid in an extra (in my case) six years of National Insurance, nor that the old state pension didn't penalise people for having opted out. I also lost a couple of years of SERPs. I worked full-time for 47 years, but still don't get a full new state pension.

Casdon Mon 14-Oct-24 17:59:05

Pantglas2

Is the answer the old state pension over the new state pension?

I.e £169.50 against £203.85 per week?

I hope that’s not the ‘answer’ as it’s based on a flawed equation if it is, because it doesn’t factor in the six extra years we younger pensioners had to work to get our pensions at all. We will have to live to be 75 before we overtake the total sum given to older pensioners, I’ve always felt that that is the age at which the pensions should be equalised, with a sliding scale so that the Waspis are fairly treated.

FriedGreenTomatoes2 Mon 14-Oct-24 17:22:55

Come on, Rachel, these are business people. No one trusts politicians especially when they haven't even got the basics right. They'll have you sussed and the worthwhile among them, if they invest, will ensure that it's pretty easy to divest.

I'll bet the amount of R&D you attract will be almost nothing. It'll be assembly lines and the like which can be closed down almost instantly.

FriedGreenTomatoes2 Mon 14-Oct-24 17:18:29

And surely any sensible investor will await the budget before deciding on a new investment and any announcements will be a rehash of decisions previously made, probably under the previous Government.

FriedGreenTomatoes2 Mon 14-Oct-24 17:11:49

Rachel Reeves on tv just now has a permanent ‘rictus’ grin. It’s quite unnerving. Makes her look like a marionette. Perhaps she’s been told to look more cheerful. Strange optics to be honest.

Rosie51 Mon 14-Oct-24 16:53:51

I'm obviously thicker than two short planks, I don't get the riddles at all.

I just wish the budget was here so we'd know for sure what's going to change.

Pantglas2 Mon 14-Oct-24 16:44:16

Is the answer the old state pension over the new state pension?

I.e £169.50 against £203.85 per week?

Doodledog Mon 14-Oct-24 16:36:50

Mollygo

MaizieD
Who is getting £200 less a month for 11 months and £400 less in the twelfth month?

An awful lot of people who are getting £200 less.
The 400 includes the WFA.

The plot thickens. . . .

I can do epics, too grin:

And so the people puzzled
as those in the know knew what they knew.
And those who didn't know continued not to know
what it was they didn't know.
And those who pretended to know
carried on pretending to know,
until the Eve of Hallowe'en
when the proclamation was proclaimed by the proclaimers,
and the people were all gifted with the wisdom of Reeves.

Mollygo Mon 14-Oct-24 16:25:23

MaizieD
Who is getting £200 less a month for 11 months and £400 less in the twelfth month?

An awful lot of people who are getting £200 less.
The 400 includes the WFA.

MaizieD Mon 14-Oct-24 15:24:10

Great riddle, BTW Dd 😂

MaizieD Mon 14-Oct-24 15:22:09

Mollygo

^It is a reduction in income which was expected for at least the coming year.^
And for many it means 11months @around £200 less per month, and the twelfth month with about £400 less.

Mollygo,. Your post last week. This is the one that is puzzling everyone.

Who is getting £200 less a month for 11 months and £400 less in the twelfth month?

Doodledog Mon 14-Oct-24 15:00:58

I remember studying Anglo Saxon poetry back in the day - it was full of riddles:

those who know are aware of me
but those who don't will not get me
they remain in the dark
and will not know of me
until they find me, if the Reeves foretells
unless she doesn't
in which case she won't.

(IYKYK)

Mollygo Mon 14-Oct-24 14:49:24

Who said anything about taking £200 per month away from you?
Certainly wasn’t me.
If you get it, you get it and if you don’t, you won’t ever get it. But just imagine what a difference £2400 pa would make for those who don’t get it.

Allira Mon 14-Oct-24 14:37:50

Can't afford them
Although we do have some mushrooms in the garden that look promising.

Doodledog Mon 14-Oct-24 14:36:42

Is everyone on hallucinogens?

growstuff Mon 14-Oct-24 13:51:31

MaizieD

Mollygo

Probably because you get it, and don’t realise that others don’t.
I read a post today which puts it really well.
I believe there are people on here who don’t recognise when things are presented in a way that tells a story different from what they want to believe.

Still don't have a clue what you are talking about, I'm afraid.

Neither do I, but I've given up bothering. It's highly unlikely anybody is going to take £200 a month away from me. If there's a cohort of people somewhere who are about to lose that amount of money, I can't get worked up about them because I haven't a clue who they are.

MaizieD Mon 14-Oct-24 12:47:07

Mollygo

Probably because you get it, and don’t realise that others don’t.
I read a post today which puts it really well.
I believe there are people on here who don’t recognise when things are presented in a way that tells a story different from what they want to believe.

Still don't have a clue what you are talking about, I'm afraid.

Norah Mon 14-Oct-24 12:31:09

Mollygo

Those who qualify already get it. Those who don’t won’t ever get it, unless the LP or any other government realises how bad it is.

Qualify for?

Norah Mon 14-Oct-24 12:30:06

Doodledog

Maybe I'm overthinking, Norah (who? Me? grin) but none of that is a monthly payment of £200 - isn't it a one-off when the game starts? Obviously I could be wrong, as I'm not in the know, but it sounds about as real as Monopoly money - if it wasn't another invented story about the Evil Labour Party someone would have been able to say what it's supposed to be, so that those who qualify could get it.

I assume all is Monopoly money until 30 October.

Allira Mon 14-Oct-24 12:10:09

Mollygo

Probably because you get it, and don’t realise that others don’t.
I read a post today which puts it really well.
I believe there are people on here who don’t recognise when things are presented in a way that tells a story different from what they want to believe.

Oh, yes, I've got it!!

And no, I don't get it. 🙂

Mollygo Mon 14-Oct-24 10:56:35

Probably because you get it, and don’t realise that others don’t.
I read a post today which puts it really well.
I believe there are people on here who don’t recognise when things are presented in a way that tells a story different from what they want to believe.

MaizieD Mon 14-Oct-24 08:28:07

Mollygo

Those who qualify already get it. Those who don’t won’t ever get it, unless the LP or any other government realises how bad it is.

What are you talking about? Do you realise that no-one has a clue about this?

Mollygo Mon 14-Oct-24 01:55:33

Those who qualify already get it. Those who don’t won’t ever get it, unless the LP or any other government realises how bad it is.

Doodledog Mon 14-Oct-24 00:15:59

Maybe I'm overthinking, Norah (who? Me? grin) but none of that is a monthly payment of £200 - isn't it a one-off when the game starts? Obviously I could be wrong, as I'm not in the know, but it sounds about as real as Monopoly money - if it wasn't another invented story about the Evil Labour Party someone would have been able to say what it's supposed to be, so that those who qualify could get it.

Norah Sun 13-Oct-24 22:53:29

Doodledog

A mystery £2600, spread over 11 months with a bonus £200 on the 12th.

Strange that there has been no mention of this in all the weeping, wailing and gnashing of teeth since the government changed, isn't it?

Monopoly Game money, just saying!