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politicalbetting.com » Blog Archive » Hammond looks set to reward the young for turning out in such
politicalbetting.com » Blog Archive » Hammond looks set to reward the young for turning out in such numbers at GE2017
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It will have to be a massive splash to make a difference to that I think.
Given the current state of public finances, all of us can expect to be taxed to the cuttlebone.
Cut that back would only harm those on big earnings - but would it raise much ?
Phil wondering if anyone has any decent ideas, which weren't in the Labour manifesto.
Anybody?
But calamari is rather dry and chewy in my experience
If they were, the Exchequer might get a one-off windfall, and then all the prime London land that was sold off would end up in the hands of largely ex-pat wealthy Russians, Emiratis and Chinese, some of whom are ethically questionable, and have quite a different agenda.
The only thing is, 100% of the younger generation are children of the older generation, and v.v. for a substantial proportion of the older generation, and so perhaps Hammond will get away with it if it looks more like a boost to the young, than a raid on the old.
FPT Inheritance Tax, aristocrats have Roy Jenkins to thank for exempting country houses and their works of art from the tax, in return for being open to the public at various times of the year.
It would be better, in my view, to make all property subject to IHT, ending the exemptions for woodlands, businesses, agricultural land, country houses, while reducing the rate to, say, 20%.
Mr. Mark, what's the title?
Will it make it more advantageous to hire a younger person rather than an older person?
Or could it push older people into retirement earlier?
I suspect the market's there for it, what with Rush, Senna and Ferrari's resurgence this year (even though they were horrendously unlucky with the spark plug).
I hear young people like to dance to popular music at venues known as discotheques and that they have mobile telephones on which it is possible to see Internet
https://www.youtube.com/watch?v=AivFzvgQPYE
wednesday could be interesting...
Leaving the pensioners alone.
Squids, leeks... it's been quite an afternoon.
That's why they are (entirely sensibly) exempt.
If you plot those into a 2x2 matrix, the current situation varies wildly for the same income.
Because that's how I want to be seen.
But legally - there is a different minimum wage for different ages, so I'd have thought differential taxation is okay via legislation....
The article says older workers - so presumably before retirement?
Imagine Hammond is floating ideas to see what goes down badly.
However, 38% of 25-34 year olds supported Brexit, as did 48% of 35-44 year olds. And once people turned 42, they were more likely than not to support Brexit.
Here's the link to the trailer!
https://www.youtube.com/watch?v=g3e5hGgeNoQ
EDIT: Peter Collins looks incredibly like my father in the pictures of him from the late fifties.... Really quite spooky.
One problem is that recruitment is biased. If the best-paying jobs recruit only from Oxbridge or Russell Group or the HR manager's alma mater, then outcomes will be skewed (and any bias on, say, race or class grounds will be perpetuated).
Would not hit those on basic old age pension.
Charge millionaires full NI too on their marginal income. Not 2%.
But I fear politicians prefer gimmicks to solid, sensible reforms of a system full of loopholes and fiddles and too complicated for most people to understand. Osborne and Brown did.
Bucket of cold sick comes to mind.
https://twitter.com/ashcowburn/status/919940252801912832
The welsh ones?
Really what shoudl happen is NI (employee) should be scrapped and just rolled into income tax.