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The July Budget

ChizzChizz
in Not Sports Related
It's what we all voted for, right?
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Comments

  • brogibbrogib
    All I hope is that he remembers to put a new briefcase in it somewhere this tme, as they always seem to forget
  • brogibbrogib
    ...even if it means closing a couple of youth centres to buy a samsonite one
  • Cordoban AddickCordoban Addick
    Can I be banned from this thread?
  • cafcfancafcfan
    I'm hoping for a tax on gambling winnings at the punter's marginal rate - this to include the lotteries.
    After all tax is used as a weapon to fight cigarette addiction, right? So why not gambling? It's unearned income isn't it.
  • Athletico CharltonAthletico Charlton
    edited July 2015
    .

  • EastTerraceEastTerrace
    Can barely wait
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  • seth plumseth plum
    We didn't all vote for the pain to come today, but the Conservative party won the election, so I expect a budget that ministers to the Conservative support, and the rest of the population to pay the price.
    Luckily we also have a free market in labour, so I expect reaction in the future in the form of strikes and direct action, like on the tube and railways, and like in France.
    I expect Michael Gove to bring in more anti union laws, but they may flounder on more creative worker disruption.
  • ValleyGaryValleyGary
    cafcfan said:

    I'm hoping for a tax on gambling winnings at the punter's marginal rate - this to include the lotteries.
    After all tax is used as a weapon to fight cigarette addiction, right? So why not gambling? It's unearned income isn't it.

    Smoking fags has a massive effect on the NHS. Gambling, although effects peoples lives, doesn't really hit the publics pocket.
  • RedskinRedskin
    ValleyGary said:

    cafcfan said:

    I'm hoping for a tax on gambling winnings at the punter's marginal rate - this to include the lotteries.
    After all tax is used as a weapon to fight cigarette addiction, right? So why not gambling? It's unearned income isn't it.

    Smoking fags has a massive effect on the NHS. Gambling, although effects peoples lives, doesn't really hit the publics pocket.
    The amount of tax paid on cigarettes comfortably covers treatment - although this is an admittedly nebulous area - for smoking related diseases.

    A greater and more far reaching drain on the NHS is alcohol; but everyone likes a booze, don't they?

  • ValleyGaryValleyGary
    Redskin said:

    ValleyGary said:

    cafcfan said:

    I'm hoping for a tax on gambling winnings at the punter's marginal rate - this to include the lotteries.
    After all tax is used as a weapon to fight cigarette addiction, right? So why not gambling? It's unearned income isn't it.

    Smoking fags has a massive effect on the NHS. Gambling, although effects peoples lives, doesn't really hit the publics pocket.
    The amount of tax paid on cigarettes comfortably covers treatment - although this is an admittedly nebulous area - for smoking related diseases.

    A greater and more far reaching drain on the NHS is alcohol; but everyone likes a booze, don't they?

    Yeah, tax the shit out of alcohol, i could understand that. Not sure i can understand a tax on gambling winnings though.
  • kings hill addickkings hill addick
    ValleyGary said:

    Redskin said:

    ValleyGary said:

    cafcfan said:

    I'm hoping for a tax on gambling winnings at the punter's marginal rate - this to include the lotteries.
    After all tax is used as a weapon to fight cigarette addiction, right? So why not gambling? It's unearned income isn't it.

    Smoking fags has a massive effect on the NHS. Gambling, although effects peoples lives, doesn't really hit the publics pocket.
    The amount of tax paid on cigarettes comfortably covers treatment - although this is an admittedly nebulous area - for smoking related diseases.

    A greater and more far reaching drain on the NHS is alcohol; but everyone likes a booze, don't they?

    Yeah, tax the shit out of alcohol, i could understand that. Not sure i can understand a tax on gambling winnings though.
    Suits me, I make all my wine at home and there's no tax on that. Homemade beer and cider is terrible, but if needs must.......
  • soapy_jonessoapy_jones
    Great opportunity to whine... off you go CL
  • Mendonca In AsdasMendonca In Asdas
    soapy_jones said:

    Great opportunity to whine Wine... off you go CL

  • cabblescabbles
    ValleyGary said:

    cafcfan said:

    I'm hoping for a tax on gambling winnings at the punter's marginal rate - this to include the lotteries.
    After all tax is used as a weapon to fight cigarette addiction, right? So why not gambling? It's unearned income isn't it.

    Smoking fags has a massive effect on the NHS. Gambling, although effects peoples lives, doesn't really hit the publics pocket.
    And if you call a 5 fold accumulator then imo you have done a good job in terms of the skill to pick the results. Should the government be able to tax such a skill?
  • SELR_addicksSELR_addicks
    If it was considered a skill and not luck it would probably be subject to capital gains tax on winnings.
  • cabblescabbles
    edited July 2015
    SELR_addicks said:

    If it was considered a skill and not luck it would probably be subject to capital gains tax on winnings.

    I say that tongue in cheek SELR. But I often think to myself how bloody good I am when an acca comes in. Unfortunately for me it's about every year and a half
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  • SELR_addicksSELR_addicks
    Remember this when Osbourne is talking about how we're all in it together:

    http://www.theguardian.com/politics/2015/jul/07/corporate-welfare-a-93bn-handshake
  • smiffyboysmiffyboy
    cafcfan said:

    I'm hoping for a tax on gambling winnings at the punter's marginal rate - this to include the lotteries.
    After all tax is used as a weapon to fight cigarette addiction, right? So why not gambling? It's unearned income isn't it.

    Do one with that suggestion
  • CallumcafcCallumcafc


    Not until 2017. But I suppose it's something to cling on to?
  • guinnessaddickguinnessaddick
    cabbles said:

    ValleyGary said:

    cafcfan said:

    I'm hoping for a tax on gambling winnings at the punter's marginal rate - this to include the lotteries.
    After all tax is used as a weapon to fight cigarette addiction, right? So why not gambling? It's unearned income isn't it.

    Smoking fags has a massive effect on the NHS. Gambling, although effects peoples lives, doesn't really hit the publics pocket.
    And if you call a 5 fold accumulator then imo you have done a good job in terms of the skill to pick the results. Should the government be able to tax such a skill?
    As long as you can claim back the money you lose on bets that don't win.
  • brogibbrogib
    Callumcafc said:



    Not until 2017. But I suppose it's something to cling on to?
    Maybe, he'll go the polar opposite and give poor expats living abroad a shit load of dough every month
  • SELR_addicksSELR_addicks
    Corporations will now pay less tax on their profit than their workers on their income.
  • brogibbrogib
    SELR_addicks said:

    Corporations will now pay less tax on their profit than their workers on their income.

    In real money or on a % basis?
  • SELR_addicksSELR_addicks
    You can tell which age demographic doesn't vote Tory, under 25s being hit massively with this budget in comparison to everyone else.
  • SantaClausSantaClaus
    Cutting tax credits and turning the minimum wage into a living wage sound sensible to me.
  • Covered EndCovered End
    SELR_addicks said:

    You can tell which age demographic doesn't vote Tory, under 25s being hit massively with this budget in comparison to everyone else.

    What has he done ?
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