politicalbetting.com » Blog Archive » Maybe next time the Tories will have to emulate the GE2015 EdStone to show they’ll honour manifesto commitments
The Chancellor, Philip Hammond, has been in full defensive mode as he has sought to fight off the criticism that his National Insurance changes for the self-employed are in breach of a GE2015 Conservative manifesto pledge.
I think we're in danger of going OTT. This is nowhere in the league of the tuition fees debacle - Which pretty much overnight saw the Lib-Dems going to 20% to 10% in the polls.
"One thing’s for sure Cameron/Osborne would not have made this mistake"
That some airbrushing of omnishambles budgets...There were I, II, lost count... Osborne did more post budget u-turns than Eric pickles has had greggs for lunch.
I think we're in danger of going OTT. This is nowhere in the league of the tuition fees debacle - Which pretty much overnight saw the Lib-Dems going to 20% to 10% in the polls.
It's probably not even as bad as the Pasty tax.
PAYE employees far outnumber the self employed, so I'm not even sure that this is a vote loser.
9 day wonder. Brown and Osborne set a very, very high bar for budgetary foul-ups. "OmNICshambles" just doesn't make it as a meme, and if that plus sacking Tarzan is as bad as it gets there is not a lot to worry about.
I think we're in danger of going OTT. This is nowhere in the league of the tuition fees debacle - Which pretty much overnight saw the Lib-Dems going to 20% to 10% in the polls.
It's probably not even as bad as the Pasty tax.
PAYE employees far outnumber the self employed, so I'm not even sure that this is a vote loser.
Politics of envy plays far better than people are prepared to admit I expect.
Good post from @Richard_Tyndall OPT. As is often the case with Richard, I don't agree with all of it but his views are always very cogently argued.
The key point I do agree with is this idea – that has been allowed to fester – that welfare should be a 'pay in, get out' regime. That's simply bonkers. My household income is very high compared to the average and, therefore, I pay a lot of tax, compared to the average. Do I think I should get all that back in services? No. Clearly I pay that as a mixture of a safety net and a general view that all civilised nations have a floor beneath which no citizen should be allowed to fall. Tax and welfare is a cost of running a country and an economy, not some sort of Christmas Savings Club run by HMRC.
I am struggling to see how any of this matters. There is no opposition, so the Tories can do what they like. They'll probably end up going back on this because May hates bad headlines in the Tory press.
It's a bit of a disaster, but a minor one in the overall scheme of things. I don't think a 2% tax increase for some well-paid people who pay much less tax than employed people (which is what this is) is really going to be remembered amidst all the Brexit fallout.
@JBeattieMirror: Hammond's cocksure joke about Norman Lamont getting sacked ten weeks after delivering a budget looking less amusing for him by the minute
It's a bit of a disaster, but a minor one in the overall scheme of things. I don't think a 2% increase for some well-paid people (which is what this is) is really going to be remembered amidst all the Brexit fallout.
Someone posted yesterday that Osborne put up NI for some last year. Is this true?
It's a bit of a disaster, but a minor one in the overall scheme of things. I don't think a 2% increase for some well-paid people (which is what this is) is really going to be remembered amidst all the Brexit fallout.
Someknd posted yesterday that Osborne put up NI for some last year. Is this true?
Good post from @Richard_Tyndall OPT. As is often the case with Richard, I don't agree with all of it but his views are always very cogently argued.
The key point I do agree with is this idea – that has been allowed to fester – that welfare should be a 'pay in, get out' regime. That's simply bonkers. My household income is very high compared to the average and, therefore, I pay a lot of tax, compared to the average. Do I think I should get all that back in services? No. Clearly I pay that as a mixture of a safety net and a general view that all civilised nations have a floor beneath which no citizen should be allowed to fall. Tax and welfare is a cost of running a country and an economy, not some sort of Christmas Savings Club run by HMRC.
That is pretty much spot on. Rephrased in realpolitik terms, the rich should aim to pay just enough tax to the proles, to dissuade the proles from killing and eating them.
Tax and welfare is a cost of running a country and an economy, not some sort of Christmas Savings Club run by HMRC.
But that is almost exactly what most people think NI is, as I've heard first hand many times. Lots of people seem to think there is a pot of gold with their name on it just waiting for retirement. They don't realise that NI goes towards general current spending.
It's a bit of a disaster, but a minor one in the overall scheme of things. I don't think a 2% increase for some well-paid people (which is what this is) is really going to be remembered amidst all the Brexit fallout.
Someknd posted yesterday that Osborne put up NI for some last year. Is this true?
I think we're in danger of going OTT. This is nowhere in the league of the tuition fees debacle - Which pretty much overnight saw the Lib-Dems going to 20% to 10% in the polls.
It's probably not even as bad as the Pasty tax.
PAYE employees far outnumber the self employed, so I'm not even sure that this is a vote loser.
Politics of envy plays far better than people are prepared to admit I expect.
Envy or fairness, depending on whether you are the one being taxed or not.
Given the only polling on the subject has voters backing the NI increase, the Lords and Heseltine are yet again putting themselves against public opinion on Brexit and it was Cameron and Osborne's impossible manifesto commitment to hold income tax and NI rates and cut inheritance tax and increase funding for the NHS and social care which meant something had to give to say this is May's worst week in government is absurd
I think we're in danger of going OTT. This is nowhere in the league of the tuition fees debacle - Which pretty much overnight saw the Lib-Dems going to 20% to 10% in the polls.
It's probably not even as bad as the Pasty tax.
PAYE employees far outnumber the self employed, so I'm not even sure that this is a vote loser.
This in itself might not be a vote loser but Hammond's credibility is definitely harmed, we'll wait and see to what degree
It's a bit of a disaster, but a minor one in the overall scheme of things. I don't think a 2% increase for some well-paid people (which is what this is) is really going to be remembered amidst all the Brexit fallout.
Someknd posted yesterday that Osborne put up NI for some last year. Is this true?
Yes, public sector workers
What was it before, and "after" for
1) A self employed person earning £30k. 2) An employed (Private sector) person earning £30k. 3) An employed (Public sector) person earning £30k.
Good post from @Richard_Tyndall OPT. As is often the case with Richard, I don't agree with all of it but his views are always very cogently argued.
The key point I do agree with is this idea – that has been allowed to fester – that welfare should be a 'pay in, get out' regime. That's simply bonkers. My household income is very high compared to the average and, therefore, I pay a lot of tax, compared to the average. Do I think I should get all that back in services? No. Clearly I pay that as a mixture of a safety net and a general view that all civilised nations have a floor beneath which no citizen should be allowed to fall. Tax and welfare is a cost of running a country and an economy, not some sort of Christmas Savings Club run by HMRC.
One reason why IC & NI should be merged...But given the outcry over journalists paying 60p more a week in tax, that is never going to happen.
OmNICshambles, like the LDs tuition fees pledge, will be remembered
No it won't.
I didn't even realise there had been such a pledge. And I pay attention to politics! It's certainly nowhere near the iconic status that the LD tuition fees pledge had.
Everybody goes back on manifesto commitments. Sometimes even if they were a good idea at the time, they are just unworkable thorugh no fault of those proposing it due to outside events. And sometimes they were never good ideas in the first place. Going back on a single one here (not that they haven't missed others, I am sure, but people are going hysterical over this one) is hardly that unusual an occurrence historically, and the important question is is there another way.
If it is justified and necessary the breach should be maintained, and the price will be people pointing out that breach next time - but every party can also point to breaches of manifesto promises, because a certain amount is unavoidable, so its not a huge concern unless they get into the habit of breaching for no good reason - or their own incompetence is the reason - otherwise no party should produce a manifesto, if breaking a pledge means we can trust none of it.
The Edstone was stupid for many reasons of course - the vacuous phrasing, the gimmicky nature of the stunt - but also because the idea a commitment should be set in stone so firmly is stupid, it is inflexible. Parties need to stick to their promises or else justify why they cannot, and we should judge them on how well they justify any broken promises, not merely on whether they did break a promise, because it might be for a good reason. If it is, we can be more confident they won't break the next lot of promises without a good reason.
No comparison really, the LDs U-turn on their tuition fees pledge meant every student would leave university owing many thousands of pounds, just as they embark on their chosen careers. The small changes to NICS is a matter of £100s for those self-employed.
Good post from @Richard_Tyndall OPT. As is often the case with Richard, I don't agree with all of it but his views are always very cogently argued.
The key point I do agree with is this idea – that has been allowed to fester – that welfare should be a 'pay in, get out' regime. That's simply bonkers. My household income is very high compared to the average and, therefore, I pay a lot of tax, compared to the average. Do I think I should get all that back in services? No. Clearly I pay that as a mixture of a safety net and a general view that all civilised nations have a floor beneath which no citizen should be allowed to fall. Tax and welfare is a cost of running a country and an economy, not some sort of Christmas Savings Club run by HMRC.
One reason why IC & NI should be merged...But given the outcry over journalists paying 60p more a week in tax, that is never going to happen.
Trump proved you don't need the media if your ideas and personality are strong enough.
Only 49% of all voters though but we know No voters turn out from 2014. Of course Yes had a clear lead in a poll a fortnight before the last indyref
Did they? I thought they only had the lead in very few polls.
Nevertheless, it seems the case that the base independent support is up a few points. And we don't know if the No voters will all turnout to the same degree they did last time (though hopefully so). The numbers are with Yes, I fear.
If Scotland votes for independence, I expect support for independence will perhaps a year later be at 60-40... which should increase over time particularly if Scotland rejoins the Eu to say 70-30.
A Scotland within the UK remains at 49-51 forever pretty much.
It's a bit of a disaster, but a minor one in the overall scheme of things. I don't think a 2% increase for some well-paid people (which is what this is) is really going to be remembered amidst all the Brexit fallout.
Someknd posted yesterday that Osborne put up NI for some last year. Is this true?
Yes, public sector workers
Ok, so the Tories had already reneged on a, or more to the point, this, manifesto commitment. Why the outrage this year and not last?
FWIW I think the NIC thing is a storm in a teacup. It's hardly a horrific measure, perhaps amateurishly handled, but there have been much worse.
In the hands of Blair/Brown in their glory days this would have been manna from heaven. They would have put this manifesto pledge break in their back pockets and then hammered the Tories at next GE on every single one of their tax manifesto commitments. Effectively done this could neutralise the usual 'tax bombshell' tory attack.
But, we have Corbyn and clowns in charge, so it wont happen...
So yes, the breach if upheld will be thrown in the Tories' faces; are we to believe a government has never had to face that before? We all want promises to be kept, where possible (and unworkable promises not to be made in the first place) and they may and should face consequences for that, but how severe should surely depend on how many times they break promises, for what reason, and what is the alternative offering?
It's a bit of a disaster, but a minor one in the overall scheme of things. I don't think a 2% increase for some well-paid people (which is what this is) is really going to be remembered amidst all the Brexit fallout.
Someknd posted yesterday that Osborne put up NI for some last year. Is this true?
Yes, public sector workers
What was it before, and "after" for
1) A self employed person earning £30k. 2) An employed (Private sector) person earning £30k. 3) An employed (Public sector) person earning £30k.
Only 49% of all voters though but we know No voters turn out from 2014. Of course Yes had a clear lead in a poll a fortnight before the last indyref
Did they? I thought they only had the lead in very few polls.
Nevertheless, it seems the case that the base independent support is up a few points. And we don't know if the No voters will all turnout to the same degree they did last time (though hopefully so). The numbers are with Yes, I fear.
Yes need a clear lead to be sure of victory, they still don't have it even with the prospect of hard Brexit and most likely it will be a job offer requirement and bilateral agreements etc which May be acceptable to Scots anyway. Of course the harder the Brexit the even harder the Scexit, Scottish independence now means border controls at Berwick and customs duties on Scottish exports to the rest of the UK
It's probably a bit of a storm in a teacup. However, it illustrates a few things:
1) The government is inept in checking what it had promised in the last manifesto. It's almost as if it doesn't feel that the manifesto has anything to do with it.
2) Brexit has transformed the political terrain. It feels quaint to be talking about tax and spend.
3) If the government can't get this policy through, it's a reminder that its small majority didn't become numerically much larger just because the opposition got more inept. Theresa May would still do well to find a way of engineering an early election, if she can.
It's a bit of a disaster, but a minor one in the overall scheme of things. I don't think a 2% increase for some well-paid people (which is what this is) is really going to be remembered amidst all the Brexit fallout.
Someknd posted yesterday that Osborne put up NI for some last year. Is this true?
Yes, public sector workers
Ok, so the Tories had already reneged on a, or more to the point, this, manifesto commitment. Why the outrage this year and not last?
Remoaners wanting something to bash the government with?
No comparison really, the LDs U-turn on their tuition fees pledge meant every student would leave university owing many thousands of pounds, just as they embark on their chosen careers. The small changes to NICS is a matter of £100s for those self-employed.
Exactly, and that is also CCHQ's spin that it is only a few journalists who are out of pocket.
But the similarity is with the broken election pledge. A new factor is it may strain relationships between the executive and backbenches, and even the party in the country. May was supposed to be their friend, unlike the ponceyboots (am I saying it right?) Cameroons, who were seen as interlopers to be tolerated while they were winning, like Tony Blair and New Labour. This upsets that narrative.
Only 49% of all voters though but we know No voters turn out from 2014. Of course Yes had a clear lead in a poll a fortnight before the last indyref
I'd love to know what proportion of each cumulative percentage point of turnout Yes/No captured.
My feeling going into the vote was that a high turnout was good for yes but a very high turnout would be good for No.
Given the SNP got 50% on 72% turnout on the general election and Yes got 45% on 85% and the Yes to SNP vote was highly correlated I suppose you could make some assumptions.
Only 49% of all voters though but we know No voters turn out from 2014. Of course Yes had a clear lead in a poll a fortnight before the last indyref
Did they? I thought they only had the lead in very few polls.
Nevertheless, it seems the case that the base independent support is up a few points. And we don't know if the No voters will all turnout to the same degree they did last time (though hopefully so). The numbers are with Yes, I fear.
I think Scindependance Day is a given at this point, it's just a matter of when. I presume the EU will be giving them come hither eyes in order to cock over May's Brexit negotiations.
FWIW I think the NIC thing is a storm in a teacup. It's hardly a horrific measure, perhaps amateurishly handled, but there have been much worse.
In the hands of Blair/Brown in their glory days this would have been manna from heaven. They would have put this manifesto pledge break in their back pockets and then hammered the Tories at next GE on every single one of their tax manifesto commitments. Effectively done this could neutralise the usual 'tax bombshell' tory attack.
But, we have Corbyn and clowns in charge, so it wont happen...
No but you do have McDonnell talking about talking £800 billion from the wealthy, and you don't have to be that well off to just creep into the top 10%.
It's probably a bit of a storm in a teacup. However, it illustrates a few things:
1) The government is inept in checking what it had promised in the last manifesto. It's almost as if it doesn't feel that the manifesto has anything to do with it.
2) Brexit has transformed the political terrain. It feels quaint to be talking about tax and spend.
3) If the government can't get this policy through, it's a reminder that its small majority didn't become numerically much larger just because the opposition got more inept. Theresa May would still do well to find a way of engineering an early election, if she can.
One suspects that they may not have checked the manifesto because in their heads this is a new government, a May government, and the manifesto was Cameron.
It's probably a bit of a storm in a teacup. However, it illustrates a few things:
1) The government is inept in checking what it had promised in the last manifesto. It's almost as if it doesn't feel that the manifesto has anything to do with it.
2) Brexit has transformed the political terrain. It feels quaint to be talking about tax and spend.
3) If the government can't get this policy through, it's a reminder that its small majority didn't become numerically much larger just because the opposition got more inept. Theresa May would still do well to find a way of engineering an early election, if she can.
What say you about the NI increase on public sector workers from Osborne last year? I didn't know about that, or that there was a manifesto pledge not to do it, but it seems bizarre to hear the fuss over this years manifesto breakage, when it was already broken.
It's a bit of a disaster, but a minor one in the overall scheme of things. I don't think a 2% increase for some well-paid people (which is what this is) is really going to be remembered amidst all the Brexit fallout.
Someknd posted yesterday that Osborne put up NI for some last year. Is this true?
Yes, public sector workers
Ok, so the Tories had already reneged on a, or more to the point, this, manifesto commitment. Why the outrage this year and not last?
Remoaners wanting something to bash the government with?
The Sun, The Telegraph, The Daily Mail, John Redwood, IDS, and The Moggster are Remoaners? Who knew.
Good post from @Richard_Tyndall OPT. As is often the case with Richard, I don't agree with all of it but his views are always very cogently argued.
The key point I do agree with is this idea – that has been allowed to fester – that welfare should be a 'pay in, get out' regime. That's simply bonkers. My household income is very high compared to the average and, therefore, I pay a lot of tax, compared to the average. Do I think I should get all that back in services? No. Clearly I pay that as a mixture of a safety net and a general view that all civilised nations have a floor beneath which no citizen should be allowed to fall. Tax and welfare is a cost of running a country and an economy, not some sort of Christmas Savings Club run by HMRC.
Yep - totally agree. As Marx nearly said about welfare and services: "From each according to his ability to pay, to each according to his needs." Of course, the key debating point is what constitutes "needs".
OmNICshambles, like the LDs tuition fees pledge, will be remembered
No it won't.
I didn't even realise there had been such a pledge. And I pay attention to politics! It's certainly nowhere near the iconic status that the LD tuition fees pledge had.
In other words 'the party I support broke a pledge and I hope that is forgotten quickly'.
Only 49% of all voters though but we know No voters turn out from 2014. Of course Yes had a clear lead in a poll a fortnight before the last indyref
I'd love to know what proportion of each cumulative percentage point of turnout Yes/No captured.
My feeling going into the vote was that a high turnout was good for yes but a very high turnout would be good for No.
Given the SNP got 50% on 72% turnout on the general election and Yes got 45% on 85% and the Yes to SNP vote was highly correlated I suppose you could make some assumptions.
The big surprise for me was Glasgow voting Yes. Had that city been the first to declare, I'd have been sure that Yes had won.
It's a bit of a disaster, but a minor one in the overall scheme of things. I don't think a 2% increase for some well-paid people (which is what this is) is really going to be remembered amidst all the Brexit fallout.
Someknd posted yesterday that Osborne put up NI for some last year. Is this true?
Yes, public sector workers
What was it before, and "after" for
1) A self employed person earning £30k. 2) An employed (Private sector) person earning £30k. 3) An employed (Public sector) person earning £30k.
It's probably a bit of a storm in a teacup. However, it illustrates a few things:
1) The government is inept in checking what it had promised in the last manifesto. It's almost as if it doesn't feel that the manifesto has anything to do with it.
2) Brexit has transformed the political terrain. It feels quaint to be talking about tax and spend.
3) If the government can't get this policy through, it's a reminder that its small majority didn't become numerically much larger just because the opposition got more inept. Theresa May would still do well to find a way of engineering an early election, if she can.
One suspects that they may not have checked the manifesto because in their heads this is a new government, a May government, and the manifesto was Cameron.
One indeed suspects that. If correct, that tells us something about David Cameron's government and something about Theresa May's government.
FWIW I think the NIC thing is a storm in a teacup. It's hardly a horrific measure, perhaps amateurishly handled, but there have been much worse.
In the hands of Blair/Brown in their glory days this would have been manna from heaven. They would have put this manifesto pledge break in their back pockets and then hammered the Tories at next GE on every single one of their tax manifesto commitments. Effectively done this could neutralise the usual 'tax bombshell' tory attack.
But, we have Corbyn and clowns in charge, so it wont happen...
No but you do have McDonnell talking about talking £800 billion from the wealthy, and you don't have to be that well off to just creep into the top 10%.
True, but wasn't the McD thing from a video from 2012 or some such?
Are Mr Smithson and his Lib Dem leader Tim Farron not being a trifle hypocritical in prattling on about the government breaking manifesto pledges....certainly two words do spring to mind here..."tuition fees".
FWIW I think the NIC thing is a storm in a teacup. It's hardly a horrific measure, perhaps amateurishly handled, but there have been much worse.
In the hands of Blair/Brown in their glory days this would have been manna from heaven. They would have put this manifesto pledge break in their back pockets and then hammered the Tories at next GE on every single one of their tax manifesto commitments. Effectively done this could neutralise the usual 'tax bombshell' tory attack.
But, we have Corbyn and clowns in charge, so it wont happen...
No but you do have McDonnell talking about talking £800 billion from the wealthy, and you don't have to be that well off to just creep into the top 10%.
True, but wasn't the McD thing from a video from 2012 or some such?
Yes it is old, the Tories will just have to make do with "he wants to borrow £500 billion".
It's probably a bit of a storm in a teacup. However, it illustrates a few things:
1) The government is inept in checking what it had promised in the last manifesto. It's almost as if it doesn't feel that the manifesto has anything to do with it.
2) Brexit has transformed the political terrain. It feels quaint to be talking about tax and spend.
3) If the government can't get this policy through, it's a reminder that its small majority didn't become numerically much larger just because the opposition got more inept. Theresa May would still do well to find a way of engineering an early election, if she can.
What say you about the NI increase on public sector workers from Osborne last year? I didn't know about that, or that there was a manifesto pledge not to do it, but it seems bizarre to hear the fuss over this years manifesto breakage, when it was already broken.
Hold on, wasn't the NI thing last year about SERPS or one of the other pension thingies?
Someone posted yesterday that Osborne put up NI for some last year. Is this true?
It's not really true. What he did was end the (partial) contracting-out of NI for public sector workers, marginally reducing the massively unfair advantage which public-sector workers have over almost everyone else in their pension arrangements.
Unsurprisingly, although as you'd expect the unions were indignant about it, it was so obviously not an unfair change that the indignation didn't get much publicity, and it would be hard to argue that it was a breach of the manifesto pledge.
It's a bit of a disaster, but a minor one in the overall scheme of things. I don't think a 2% increase for some well-paid people (which is what this is) is really going to be remembered amidst all the Brexit fallout.
Someknd posted yesterday that Osborne put up NI for some last year. Is this true?
Yes, public sector workers
Ok, so the Tories had already reneged on a, or more to the point, this, manifesto commitment. Why the outrage this year and not last?
Remoaners wanting something to bash the government with?
The Sun, The Telegraph, The Daily Mail, John Redwood, IDS, and The Moggster are Remoaners? Who knew.
I'm not saying everybody who is complaining is a Remoaner. But there do seem to be a fair number of commentators who in other circumstances would normally applaud a modest and highly progressive tax rise.
It's a bit of a disaster, but a minor one in the overall scheme of things. I don't think a 2% increase for some well-paid people (which is what this is) is really going to be remembered amidst all the Brexit fallout.
Someknd posted yesterday that Osborne put up NI for some last year. Is this true?
Yes, public sector workers
Ok, so the Tories had already reneged on a, or more to the point, this, manifesto commitment. Why the outrage this year and not last?
Remoaners wanting something to bash the government with?
The Sun, The Telegraph, The Daily Mail, John Redwood, IDS, and The Moggster are Remoaners? Who knew.
I'm not saying everybody who is complaining is a Remoaner. But there do seem to be a fair number of commentators who in other circumstances would normally applaud a modest and highly progressive tax rise.
You probably need to insert the word "self-employed" before "commentators".
Meanwhile Janet Dailey is on the warpath about the digital tax changes and quarterly inputs.
The government U-turning would be bad news for them. It was after Osborne u-turned on tax credits that back benchers knew they could push him around
Hammond needs to stand firm, or he WILL pay the price.
If he doesn't have the numbers to back his proposal (and my reading is that he doesn't), he will need to bend - or crash.
If he bends on this then I can't see him lasting that long in post - or if he does doing anything meaningful to tax & spend. He will be hamstrung and seen as weak, weak, weak.
Only 49% of all voters though but we know No voters turn out from 2014. Of course Yes had a clear lead in a poll a fortnight before the last indyref
I'd love to know what proportion of each cumulative percentage point of turnout Yes/No captured.
My feeling going into the vote was that a high turnout was good for yes but a very high turnout would be good for No.
Given the SNP got 50% on 72% turnout on the general election and Yes got 45% on 85% and the Yes to SNP vote was highly correlated I suppose you could make some assumptions.
The big surprise for me was Glasgow voting Yes. Had that city been the first to declare, I'd have been sure that Yes had won.
Given the clear correlation between deprivation and yes vote in the polling I wasn't surprised, but the low Glasgow turnout did surprise and (obviously) disappoint me.
If he doesn't have the numbers to back his proposal (and my reading is that he doesn't), he will need to bend - or crash.
Yes, it is looking that way.
Some of the backbench fuss seems to be coming from hardline Brexiteers, who might be using it as a means of weakening the most senior softer-Brexit member of the government.
You probably need to insert the word "self-employed" before "commentators".
Meanwhile Janet Dailey is on the warpath about the digital tax changes and quarterly inputs.
I somewhat agree with Daley. There's also a bit of a divide between HRMC and the gov.uk people over systems. If we are going to file quarterly returns the systems had better be top notch.
Not only is the amount involved peanuts but surely it's the case that nobody is going to pay a penny more until January 2019?
ie The change comes in from April 2018 - tax and NI for 2018/19 will be payable in two instalments - in January 2019 and July 2019 - based on estimated income (ie prior year) - and it's then adjusted to correct figure in January 2020.
It's probably a bit of a storm in a teacup. However, it illustrates a few things:
1) The government is inept in checking what it had promised in the last manifesto. It's almost as if it doesn't feel that the manifesto has anything to do with it.
2) Brexit has transformed the political terrain. It feels quaint to be talking about tax and spend.
3) If the government can't get this policy through, it's a reminder that its small majority didn't become numerically much larger just because the opposition got more inept. Theresa May would still do well to find a way of engineering an early election, if she can.
One suspects that they may not have checked the manifesto because in their heads this is a new government, a May government, and the manifesto was Cameron.
One indeed suspects that. If correct, that tells us something about David Cameron's government and something about Theresa May's government.
The other wrinkle we need to contemplate is the different relationship between No 10 & 11. Cameron and Osborne were a double act; May and Hammond are nowhere near as close. Another fumble like this could easily see Disco Phil jettisoned in favour of another Amber-esque acolyte.
Are there any markets up on next Chancellor right now?
How many omnishambles budgets did boy George manage to engineer?
Likewise, regarding the polling for independence - good on them. The SNP would have to front up to some pretty harsh realities (which no doubt will also be blamed on Westminster.
I suspect the idea was that this was a promise that could be ditched and blamed on having to go into another coalition government (not that the Lib Dems got away with that argument).
Winning an overall majority unexpectedly failed to disarm some of their own booby traps...
It's a bit of a disaster, but a minor one in the overall scheme of things. I don't think a 2% increase for some well-paid people (which is what this is) is really going to be remembered amidst all the Brexit fallout.
Someknd posted yesterday that Osborne put up NI for some last year. Is this true?
Yes, public sector workers
What was it before, and "after" for
1) A self employed person earning £30k. 2) An employed (Private sector) person earning £30k. 3) An employed (Public sector) person earning £30k.
Cheers, I'll take a look at mine when I get home - we're on a similiar wage (I think)
To be honest I'd completely forgotten about this until someone mentioned it on here last night. Since I started work in 2009 quite a lot has changed - the pensions contributions have been going up while the tax free allowance has also been going up. The gains and losses have pretty much cancelled each other out.
It's probably a bit of a storm in a teacup. However, it illustrates a few things:
1) The government is inept in checking what it had promised in the last manifesto. It's almost as if it doesn't feel that the manifesto has anything to do with it.
2) Brexit has transformed the political terrain. It feels quaint to be talking about tax and spend.
3) If the government can't get this policy through, it's a reminder that its small majority didn't become numerically much larger just because the opposition got more inept. Theresa May would still do well to find a way of engineering an early election, if she can.
One suspects that they may not have checked the manifesto because in their heads this is a new government, a May government, and the manifesto was Cameron.
One indeed suspects that. If correct, that tells us something about David Cameron's government and something about Theresa May's government.
The other wrinkle we need to contemplate is the different relationship between No 10 & 11. Cameron and Osborne were a double act; May and Hammond are nowhere near as close. Another fumble like this could easily see Disco Phil jettisoned in favour of another Amber-esque acolyte.
Are there any markets up on next Chancellor right now?
BF have a first cabinet member to leave market but it is totally moribund.
Comments
It's probably not even as bad as the Pasty tax.
Do we really want to give Mrs May Henry VIII powers?
Sic semper tyrannis.
That some airbrushing of omnishambles budgets...There were I, II, lost count... Osborne did more post budget u-turns than Eric pickles has had greggs for lunch.
This is £240 / yr at most is it not ?
Tuition fees from zero to effectively up to around £84k over a lifetime in the last 20 years.
https://twitter.com/ReutersJamie/status/839781081964490757
The key point I do agree with is this idea – that has been allowed to fester – that welfare should be a 'pay in, get out' regime. That's simply bonkers. My household income is very high compared to the average and, therefore, I pay a lot of tax, compared to the average. Do I think I should get all that back in services? No. Clearly I pay that as a mixture of a safety net and a general view that all civilised nations have a floor beneath which no citizen should be allowed to fall. Tax and welfare is a cost of running a country and an economy, not some sort of Christmas Savings Club run by HMRC.
Otherwise it is a great idea to set manifesto commitments in stone.
No it won't.
1) A self employed person earning £30k.
2) An employed (Private sector) person earning £30k.
3) An employed (Public sector) person earning £30k.
If it is justified and necessary the breach should be maintained, and the price will be people pointing out that breach next time - but every party can also point to breaches of manifesto promises, because a certain amount is unavoidable, so its not a huge concern unless they get into the habit of breaching for no good reason - or their own incompetence is the reason - otherwise no party should produce a manifesto, if breaking a pledge means we can trust none of it.
The Edstone was stupid for many reasons of course - the vacuous phrasing, the gimmicky nature of the stunt - but also because the idea a commitment should be set in stone so firmly is stupid, it is inflexible. Parties need to stick to their promises or else justify why they cannot, and we should judge them on how well they justify any broken promises, not merely on whether they did break a promise, because it might be for a good reason. If it is, we can be more confident they won't break the next lot of promises without a good reason.
Nevertheless, it seems the case that the base independent support is up a few points. And we don't know if the No voters will all turnout to the same degree they did last time (though hopefully so). The numbers are with Yes, I fear.
A Scotland within the UK remains at 49-51 forever pretty much.
But, we have Corbyn and clowns in charge, so it wont happen...
March: £2,818.17 - NI: £227.49
April: £2,818.17 - NI: £257.54
1) The government is inept in checking what it had promised in the last manifesto. It's almost as if it doesn't feel that the manifesto has anything to do with it.
2) Brexit has transformed the political terrain. It feels quaint to be talking about tax and spend.
3) If the government can't get this policy through, it's a reminder that its small majority didn't become numerically much larger just because the opposition got more inept. Theresa May would still do well to find a way of engineering an early election, if she can.
But the similarity is with the broken election pledge. A new factor is it may strain relationships between the executive and backbenches, and even the party in the country. May was supposed to be their friend, unlike the ponceyboots (am I saying it right?) Cameroons, who were seen as interlopers to be tolerated while they were winning, like Tony Blair and New Labour. This upsets that narrative.
My feeling going into the vote was that a high turnout was good for yes but a very high turnout would be good for No.
Given the SNP got 50% on 72% turnout on the general election and Yes got 45% on 85% and the Yes to SNP vote was highly correlated I suppose you could make some assumptions.
https://twitter.com/Brosner85/status/839812767435505664
People who couldn't yet vote.
Hammond needs to stand firm, or he WILL pay the price.
Unsurprisingly, although as you'd expect the unions were indignant about it, it was so obviously not an unfair change that the indignation didn't get much publicity, and it would be hard to argue that it was a breach of the manifesto pledge.
http://www.independent.co.uk/news/uk/politics/george-osborne-national-insurance-wage-cuts-a6956731.html
Meanwhile Janet Dailey is on the warpath about the digital tax changes and quarterly inputs.
Some of the backbench fuss seems to be coming from hardline Brexiteers, who might be using it as a means of weakening the most senior softer-Brexit member of the government.
OGH, you are TSE and I claim a reduced PB membership fee.
:-)
ie The change comes in from April 2018 - tax and NI for 2018/19 will be payable in two instalments - in January 2019 and July 2019 - based on estimated income (ie prior year) - and it's then adjusted to correct figure in January 2020.
Are there any markets up on next Chancellor right now?
How many omnishambles budgets did boy George manage to engineer?
Likewise, regarding the polling for independence - good on them. The SNP would have to front up to some pretty harsh realities (which no doubt will also be blamed on Westminster.
Winning an overall majority unexpectedly failed to disarm some of their own booby traps...
https://twitter.com/stevewebb1/status/839816522264625152