tag:blogger.com,1999:blog-9215006984353817373.post6234413797809320686..comments2024-03-29T00:09:28.302+00:00Comments on 99% is ....... The Barnet Eye: Why David Cameron is wrong about housing benefitRog Thttp://www.blogger.com/profile/08139705078907584931noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-9215006984353817373.post-36252344304624825972012-06-30T19:26:07.440+01:002012-06-30T19:26:07.440+01:00Cameron doesn't understand the nature of housi...Cameron doesn't understand the nature of housing benefit. It's to help people pay rent, not build a life on the dole. <br /><br />It's like he wants all poor children to be living with their parents, as far away from London as possible, until they are 40.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9215006984353817373.post-39044357068754593062012-06-25T23:24:07.509+01:002012-06-25T23:24:07.509+01:00Rog
There is a world of difference between tax av...Rog<br /><br />There is a world of difference between tax avoidance and tax evasion and Cameron, rather foolishly, has suggested that avoidance is immoral. It is not. It is the absolute right of every citizen to arrange their tax affairs to minimise the amount they must pay. If governments did not waste so much of our money, perhaps we would not feel the need to engage accountants to keep our hard earned income from the taxman.<br /><br />I dislike Jimmy Carr because his idea of humour does not match with mine, but Cameron was an utter fool to comment on his tax affairs which were legal and approved by HMRC. I agree that he (Cameron) has now made a rod for his own back, but this is the price he must pay for putting his mouth in gear before engaging brain. As Guido Fawkes has pointed out today, the LibDem Secretary to the Treasury, Danny Alexander, is a serial house flipper who cost taxpayers over £100,000 using a legal tax avoidance scheme. Will Cameron declare Alexander’s actions as immoral as well?<br /><br />Evidence has proven that if you reduce tax rates you (a) stimulate growth because people are better at spending their own money than the government is and (b) reduce the incentive to devise tax avoidance schemes (Google ‘Laffer Curve’)<br /><br />@Barrnett Add up the sum total of our national liabilities (including off-balance sheet debt and future unfunded pension liabilities) and then deduct the sum total of our realisable national assets. We are broke. Anyone who thinks otherwise is Gordon Brown.Don't Call Me Davehttps://www.blogger.com/profile/13602899129846028170noreply@blogger.comtag:blogger.com,1999:blog-9215006984353817373.post-66481982213646740412012-06-25T21:53:46.035+01:002012-06-25T21:53:46.035+01:00I fear many Tories don't realise the problems ...I fear many Tories don't realise the problems can only be cured by economic growth. Cuts will be a small part of the picture, where there is genuine waste.Rog Thttps://www.blogger.com/profile/08139705078907584931noreply@blogger.comtag:blogger.com,1999:blog-9215006984353817373.post-15932018956876146602012-06-25T21:44:24.420+01:002012-06-25T21:44:24.420+01:00DCMD: The country is not broke, and never was.
B...DCMD: The country is not broke, and never was. <br /><br />But Mr Osborne told us the country's accounts were like a credit card (they are not) and that we were like Greece, in terms of trouble (never remotely the case. We have mostly long-term, perfectly manageable debt. <br /><br />The result of his inexperience was to add massively to nervousness, and lack of demand.<br /><br />The generational debt is of no great concern. We have had a near total collapse of capitalism, and during future expansion (when greed takes over from fear, as it always does) the debt will only marginally reduce growth.baarnetthttps://www.blogger.com/profile/12301292285255035403noreply@blogger.comtag:blogger.com,1999:blog-9215006984353817373.post-16594579796489495852012-06-25T21:33:37.975+01:002012-06-25T21:33:37.975+01:00David,
Are you seriously saying that there are a ...David,<br /><br />Are you seriously saying that there are a higher percentage of Lib Dem and Labour supporters with ISA's etc than Tories?<br /><br />I am all for the tax system encouraging entrepreneurs and people who are willing to invest in genuine schemes. It may surprise you to hear that I wouldn't critise Jimmy Carr or anyone else for using them if they are legal and yes my accountant makes sure I use tax effecient schemes to manage my affairs, although none of my money is offshored and for I plough all of my spare cash back into the business. <br /><br />I think it is outrageous that Jimmy Carr's private and legal tax affairs have been brought into the public domain and Cameron has made a rod for his own back, because now the press can have a field day as they discover similar ruses used by his supporters. <br /><br />I do however think that there is plenty of scope for tightening the rules to make certain schemes illegal. <br /><br />There are plenty of things which could be cut without affecting people who may be in deep shit. I don't think a blanket ban on housing benefit for U25's is one of them.Rog Thttps://www.blogger.com/profile/08139705078907584931noreply@blogger.comtag:blogger.com,1999:blog-9215006984353817373.post-24260559197191250872012-06-25T21:19:22.469+01:002012-06-25T21:19:22.469+01:00If Cameron really is intent on raising revenue, go...<i>If Cameron really is intent on raising revenue, go after the tax avoiders (most of whom are Conservative supporters).</i><br /><br />Where is your evidence for such a preposterous statement?<br /><br />Millions of people put their savings into tax free ISAs. Are they all Conservative supporters? There are dozens of legal and honest tax saving schemes that are available to the masses, not just rich left wing comedians. I am willing to bet that your company makes use of some (or all) of the tax allowances available to businesses - and rightly so.<br /><br />In any case, Cameron’s proposals are not about raising revenue, but cutting expenditure. The country is broke and your yet-to-be-born grandchildren and great grandchildren will not thank you for pissing away all of their money.Don't Call Me Davehttps://www.blogger.com/profile/13602899129846028170noreply@blogger.com