Surely we must pay more taxes!?

GrannyGravy13

^a small group of people hoard money they don’t really need^

growstuff I am quoting you.

I will repeat my answer to you, you might call it hoarding, I and many others call it saving.

How on earth do you know what other people really need , you have no idea of other people’s, outgoings or financial commitments…

They don't need it. They want it - to give them security.

The sad thing is that overseas aid/development helps prevent the sort of thing that results in us needing to arm ourselves. It’s a viscous circle.

GrannyGravy13

^a small group of people hoard money they don’t really need^

growstuff I am quoting you.

I will repeat my answer to you, you might call it hoarding, I and many others call it saving.

How on earth do you know what other people really need , you have no idea of other people’s, outgoings or financial commitments…

No, I don't ... and I'm not even commenting on the choices people have about how they spend their money ... that's up to them.

Nevertheless, I find it quite disturbing that people really don't seem to know the difference between "want" and "need" Isn't that we tell toddlers?)

Need is about what you require to stay alive. Anything else is want. Unless people have specific medical needs what people actually need is more or less the same.

I actually find it quite amusing that people can't see their own hypocrisy.

Wyllow3

Barleyfields

Starmer has just announced on PMQ that the additional funding to take the defence budget to 2.5% of GDP will be taken from the overseas development budget. For the time being anyway, until more than 2.5% is required as is predicted, that seems to me a satisfactory solution. Doubtless others will disagree, but we must put our country’s needs first.

I don't like it as a long term solution, but don't see an alternative as in needing very rapidly.

What a sad world.

As the extra money is going into defence and the likelihood of deploying our armed forces in Ukraine (which is overseas) as peace keepers in my opinion it’s the right decision

Barleyfields

Starmer has just announced on PMQ that the additional funding to take the defence budget to 2.5% of GDP will be taken from the overseas development budget. For the time being anyway, until more than 2.5% is required as is predicted, that seems to me a satisfactory solution. Doubtless others will disagree, but we must put our country’s needs first.

I don't like it as a long term solution, but don't see an alternative as in needing very rapidly.

What a sad world.

👏👏👏

a small group of people hoard money they don’t really need

growstuff I am quoting you.

I will repeat my answer to you, you might call it hoarding, I and many others call it saving.

How on earth do you know what other people really need , you have no idea of other people’s, outgoings or financial commitments…

escaped

^Saving is a good thing^
It gives people options. And security.

Of course.

Not hoarding. Saving for care, rainy day, health needs.

Barleyfields

Starmer has just announced on PMQ that the additional funding to take the defence budget to 2.5% of GDP will be taken from the overseas development budget. For the time being anyway, until more than 2.5% is required as is predicted, that seems to me a satisfactory solution. Doubtless others will disagree, but we must put our country’s needs first.

I was just about to post the same. Good for him!

Starmer has just announced on PMQ that the additional funding to take the defence budget to 2.5% of GDP will be taken from the overseas development budget. For the time being anyway, until more than 2.5% is required as is predicted, that seems to me a satisfactory solution. Doubtless others will disagree, but we must put our country’s needs first.

Mollygo

^Well, you're being fleeced by a rogue operator. Unit prices have reduced! You must be using more fuel.^

If you say so growstuff I’m sure you believe you know better than the bills/statements I have in front of me. Do carry on.

Try Specsavers! I assume you've checked your unit costs.

Mollygo

GG13
I am sorry but I really do not understand the mindset of

some people cannot afford to save, so no one should be allowed to save

👏👏👏

Who the heck said that?

(Or even thinks it?)

Saving is a good thing
It gives people options. And security.

👏👏👏 from me too.

GG13
I am sorry but I really do not understand the mindset of

some people cannot afford to save, so no one should be allowed to save

👏👏👏

If ‘a great many older people’ didn’t ‘have a lot of money squirrelled away’ David, who would pay for their care? If they had spent it all, they would be reliant on the state. Saving is a good thing. It isn’t ‘hoarding’.

Well, you're being fleeced by a rogue operator. Unit prices have reduced! You must be using more fuel.

If you say so growstuff I’m sure you believe you know better than the bills/statements I have in front of me. Do carry on.

If we are to maintain, pensions, benefits, services, those that have plenty either have got to be taxed more, or have those benefits etc, reduced or removed. How can anyone defend using public spending to subsidize those that already have enough

I have no problems with your argument just with your cliched representation of better off pensioners^

Older people have quite enough trouble fighting off the ageist lazy stereotypes of what we are and hpw we live. To find people in the older age group accepting them as well is really depressing.

I very much agree with Silverbrooks comment on page 2 23:52:51 about having an HM tax collection service fit for purpose, especially the high end experts needed to catch the really "big fishes". I'm wondering how much we are losing out on because of this.

We cannot pay for extra defence by taking it out of welfare. those with more will have to pay out more.

"Hoarding" was mentioned. I've never earned enough to hoard, but I have from inheritances.

“David49, MaizieD, You really do have very cliched ideas about what better off people may or may not do, whether the silly stuff about them all being opposed to paying more tax or how they spend their time. You need to get out more and not just believe what you read in the papers.”

LOL. I don’t actually read newspapers (they are to depressing) my ideas are my own. I do know there are a great many older people with a lot of money squirreled away, also a lot of retired business owners the same.

If we are to maintain, pensions, benefits, services, those that have plenty either have got to be taxed more, or have those benefits etc, reduced or removed. How can anyone defend using public spending to subsidize those that already have enough

growstuff

GrannyGravy13

growstuff hoarding? I disagree, I call it saving for retirement or a so called rainy day, we never know what is round the corner.

Gggrrrr! Good for you! I was describing the most efficient use of money for a whole society on a macro scale.

(But I guess some people don't care about the big picture.)

Are you saying that you are against people saving?

If nobody had a rainy day fund how many more do you think would be reliant on the state for their needs in later life?

I am sorry but I really do not understand the mindset of

some people cannot afford to save, so no one should be allowed to save

GrannyGravy13

growstuff hoarding? I disagree, I call it saving for retirement or a so called rainy day, we never know what is round the corner.

Gggrrrr! Good for you! I was describing the most efficient use of money for a whole society on a macro scale.

(But I guess some people don't care about the big picture.)

Silverbrooks

I see.

I’m paying 5.12 for gas and 22.26 for electricity with Octopus. I was with Ovo until last autumn. Prices to fix were around the same from both suppliers but Ovo had conditions attached to their fixes and Octopus don’t (no exit fees for a start) … plus someone offered me a £50 Refer-a-Friend credit.

A year before that, I was paying 7.02 for and 29.25 for electricity. Standing charges have increased but only by around £1.50 a month.

So you're paying less this year than you did last year too. Phew! I thought I was the only one and was beginning to wonder why I had been selected to pay less.

As I wrote, I didn't want to fix because I didn't want to commit long-term because I'm moving soon and won't have a fuel bill in my own name.

BevSec

growstuff

Getting money to circulate more would result in more taxes being paid. That won't happen if a relatively small group of people hoard money they don't really need.

Define they dont really need? If someone gets a family inheritance, why should this be taken off them?

Did I mention inheritances? (Strange post.)