What's going on in London?

[Furunculus]

What these pricks really want is for you and me to pay for their pensions and empire building.

agreed, these economic illiterates just don't understand that even with the election deficit plans from all three parties we are still on a trajectory to see a national debt of 400% of GDP by 2040.

that will require 27% of government revenue annualy to service the debt-interest. money that might otherwise be spent on worthy social causes such as gender awareness officers.......


http://www.bis.org/publ/work300.pdf

http://www.zerohedge.com/article/ban...-over-400-2040

In the US & Canada - and I believe also in the UK, the top 1% income earners actually pay little to no income tax.

Then we should ditch the fifty% income tax band, as the last time we brought down rates/abolished higher tiers the top 1% actually generated MORE revenue for the exchequer:

http://www.timesonline.co.uk/tol/mon...cle7031468.ece

By contrast, in his 1988 Budget, Nigel Lawson cut the top rate of income tax to 40p in the pound. And it raised more tax.

More to the point, Labour strategists might note, it raised more from the top paid in society. In 1978-79, after Mr Healey’s top rate of 83 per cent, the highest-earning 1 per cent of the population paid 11 per cent of all income tax taken in by the Treasury. After Mr Lawson’s cut in the top rate to 40 per cent, the top 1 per cent of earners now pay an estimated 24.1 per cent of all income tax.

There’s more. In the late 1970s the top 5 per cent of earners paid 24 per cent of all income tax, but now they pay 43.1 per cent. In the late 1970s the top 10 per cent of earners paid 35 per cent of all income tax, but now pay 53.3 per cent.

The message is simple — the lower the top rate of income tax, the less people will try to dodge it and the more money the Treasury raises.

same goes for business taxation:

http://aleksandreia.wordpress.com/20...-tax-revenues/

[ELITEofWARMANGINGERYBREADMEN88]

What these pricks really want is for you and me to pay for their pensions and empire building.

Or perhaps they want taxe payers money not going to the Rich or to War and use for helping poors, old or others in need...
But I understand from the conserva-thieves point of view that would be a waste of money.

But be free to prefer to give your money to the one who don't need it and to believe it is all Brown's fault.

Or maybe start defending your own nation and stop spending money on stupid things, oh, like the Royal wedding?

As if they ever worked a day in their life, activists are the same everywhere, they have nothing to worry about daddy has the $$$ to pay for whatever.

My opinion of liberals are quite low, especially foriegn liberals due to the fact they think they know best yet like you said, they so rich they never have to work a day in their spolied lives.

Wonder how your Europeans can live in such a idiotic continent.

[al Roumi]

Ugh, sometimes the Org really looks like a seeping pore of reactionary chauvinists.

I went to the rally on saturday, I didn't go on the march. I watched people file into Hyde park for an hour or so, saw a bunch of teenage "anarchists" run off -as I later found out, to watch/partake in the sack of Fortnum and Mason. Marching I saw nurses, teachers, physiotherapists, lecturers as well as the general public sector unionists -and this was only from their banners.

I'm in a strange situation caught between a desire to show support for public services and the patent lack of a political alternative to these cuts. Even the last Tory government used a 1:1 ratio of taxation to cuts to balance the national budget, where are the taxes in Osbourne's equation? Probably at about 1:4... You don't expect the Tories to care about people who can't afford to go private, but that is at least meant to be Labour's bread and butter. The Labour party is failing to stand up and provide an alternative.

As to the "Anarchists", they are children who have no right to carry a flag carried for real causes in history. 200 people were arrested out of up to 400,000 attending the rally, yet these idiots get the headlines -undermining the message of the massively overwhelming majority.

And then the dregs of society on here carp about their own family being comfortable when clearly, if they weren't -or more importantly they could see past their own navel, they might give a solitary crap.

[gaelic cowboy]

agreed, these economic illiterates just don't understand that even with the election deficit plans from all three parties we are still on a trajectory to see a national debt of 400% of GDP by 2040.

While one cant argue with the the finely constructed PDF to be honest I have this nagging feeling the I.B.S. are pulling a bit of Disco Stu here "Did you know that disco record sales were up 400% for the year ending 1976? If these trends continues... AAY!"

Surely by 2040 the economy will have grown again plus wont inflation have eaten the debt to some extent.

[Slyspy]

According to the BBC only 201 people were arrested in connection with the protests at the weekend, and 149 of those were charged. 138 of these were for aggravated trespass, members of the organisation which occupied Fortnum and Mason. Oh no!

[Furunculus]

While one cant argue with the the finely constructed PDF to be honest I have this nagging feeling the I.B.S. are pulling a bit of Disco Stu here "Did you know that disco record sales were up 400% for the year ending 1976? If these trends continues... AAY!"

Surely by 2040 the economy will have grown again plus wont inflation have eaten the debt to some extent.

true it is only a projection, but it is based on the published deficit reduction plans, what might things be like with McBroon still at the helm, with his cyclops vision myopically fixed somewhere other than the approaching iceberg!

Ugh, sometimes the Org really looks like a seeping pore of reactionary chauvinists.

I went to the rally on saturday, I didn't go on the march. I watched people file into Hyde park for an hour or so, saw a bunch of teenage "anarchists" run off -as I later found out, to watch/partake in the sack of and Fortnum and Mason. Marching I saw nurses, teachers, physiotherapists, lecturers as well as the general public sector unionists -and this was only from their banners.

I'm in a strange situation caught between a desire to show support for public services and the patent lack of a political alternative to these cuts. Even the last Tory government used a 1:1 ratio of taxation to cuts to balance the national budget, where are the taxes in Osbourne's equation? Probably at about 1:4... You don't expect the Tories to care about people who can't afford to go private, but that is at least meant to be Labour's bread and butter. The Labour party is failing to stand up and provide an alternative.

As to the "Anarchists", they are children who have no right to carry a flag carried for real causes in history. 200 people were arrested out of up to 400,000 attending the rally, yet these idiots get the headlines -undermining the message of the massively overwhelming majority.

And then the dregs of society on here carp about their own family being comfortable when clearly, if they weren't -or more importantly they could see past their own navel, they might give a solitary crap.

and yet spending is rising in cash terms, which even in real terms will only be a ~5% cut by 2015.......

[Philippus Flavius Homovallumus]

Ugh, sometimes the Org really looks like a seeping pore of reactionary chauvinists.

I went to the rally on saturday, I didn't go on the march. I watched people file into Hyde park for an hour or so, saw a bunch of teenage "anarchists" run off -as I later found out, to watch/partake in the sack of Fortnum and Mason. Marching I saw nurses, teachers, physiotherapists, lecturers as well as the general public sector unionists -and this was only from their banners.

I'm in a strange situation caught between a desire to show support for public services and the patent lack of a political alternative to these cuts. Even the last Tory government used a 1:1 ratio of taxation to cuts to balance the national budget, where are the taxes in Osbourne's equation? Probably at about 1:4... You don't expect the Tories to care about people who can't afford to go private, but that is at least meant to be Labour's bread and butter. The Labour party is failing to stand up and provide an alternative.

As to the "Anarchists", they are children who have no right to carry a flag carried for real causes in history. 200 people were arrested out of up to 400,000 attending the rally, yet these idiots get the headlines -undermining the message of the massively overwhelming majority.

And then the dregs of society on here carp about their own family being comfortable when clearly, if they weren't -or more importantly they could see past their own navel, they might give a solitary crap.

Um, totally unsubstantiated ad hominem?

"We" are not the dregs of society, nor are we (so far as I am aware) chauvanists.

The cupboard is bare, there is no money, we cannot increase spending. You just have to live with it. I work in Higher Education, I'm not exactly thrilled about the fees rises because I start teaching next year and, frankly, I'm worried about the effect the fees will have on the mentality of the students and how they will create unrealistic expectations we just can't meet.

Labour wasted a lot of money on pointless projects and bad ideas, raising the number of people going to university being a case in point. They also threatened to cut bu 20% going into the election, where the Coalition cut by 19% when actually in power.

So.... reactionary my foot. Fiscal responsibility is becoming the new orthodoxy, why it was ever anything else is beyond me.

[Furunculus]

"We" are not the dregs of society, nor are we (so far as I am aware) chauvanists.

hah! that's nothing, i have been called the following in this forum: "xenophobe and hyper-nationalist racist with militaristic, populist, and autarkic tendencies"

mostly by Louis...

[Brenus]

“Fiscal responsibility is becoming the new orthodoxy,”
Is it? When the revenue from Speculation and Finances are less taxed than the ones from Production? When taxes on individual workers increase but the ones on Banks decrease?
I see here a clear ideological plan from the conserva-thieves.
They want the good old time without Unions and Daily Workers (re-labelled Self-Employed) was the rules.
It is not about deficit or budget balance.
It is about putting back the crowd at it place, right down in the gutters. And if they are nice, polite, eyes down and hat in hand when spoken to and good crowd then the Big Society and some Charities will give them some rewards but only to the deserving ones…
Naughty poor have to remember whose in charge.

[Philippus Flavius Homovallumus]

“Fiscal responsibility is becoming the new orthodoxy,”
Is it? When the revenue from Speculation and Finances are less taxed than the ones from Production? When taxes on individual workers increase but the ones on Banks decrease?
I see here a clear ideological plan from the conserva-thieves.
They want the good old time without Unions and Daily Workers (re-labelled Self-Employed) was the rules.
It is not about deficit or budget balance.
It is about putting back the crowd at it place, right down in the gutters. And if they are nice, polite, eyes down and hat in hand when spoken to and good crowd then the Big Society and some Charities will give them some rewards but only to the deserving ones…
Naughty poor have to remember whose in charge.

...because Conservatives are evil and Liberals are good, yes?

Damn Conserv-thieves!

Replace with "foriegn-thieves" and not the intellectual bankruptcy.

Conservatives are not evil, Brenus, they are ordinary people, not a mixture of Darth Vader and Sauron.