DEM not gonna CON dis NATION: Rolling UK politics in the short-lived post-Murdoch era

those people should go back to making under £5k or whatever it is if they hate paying taxes

it's a "disincentive" for "wealth-creators" and makes it harder for the UK to attract "top talent"

Of all the stupid and hateful right-wing euphemisms I think I hate "wealth creators" more than any except "hardworking families".

The difference between the two is that it's not even true: Wealth does not get 'created', it has to come from somewhere.

"Hardworking families" doesn't exactly mean what it says either. Anyway, they're both intentionally divisive terms that tell you that you're "deserving" and others aren't.

The idea/justification is also that it stimulates the economy by giving them more money to spend, although it doesn't really work out like that because the bigger your income the more you're likely to be saving rather than spending. Actually a straight tax cut for people on much lower incomes does more to stimulate the economy because it goes straight to people who by and large are not in a position to save and therefore immediately gets spent. The same is true for most benefits payments but of course they don't really want you to know that.

How does the 50p tax rate affect "wealth creators" anyway? Aren't "wealth creators" taking their incomes from business profits rather than wages and thus on a completely different tax system?

And does anyone really use the term "wealth creator" outside the American Republican party?

Yeah I don't really think there's much thought behind the rhetoric. The one fact that people use to attack the 50p rate is that it may be bringing in less income than was expected when first introduced (hundreds of millions rather than billions iirc).

And does anyone really use the term "wealth creator" outside the American Republican party?

Sadly it's made its way across the ocean; couple of hits from a quick Google:
http://www.bbc.co.uk/news/uk-scotland-scotland-business-17221941
http://www.independent.co.uk/news/uk/politics/chancellor-hopes-to-secure-cut-in-50p-tax-rate-7574720.html
http://www.dailymail.co.uk/debate/article-2116856/The-Budget-2012-Britain-Lib-Dems.html

entry #2 of this fine cracked list is a good answer to all the 'wealth creator' rhetoric http://www.cracked.com/blog/6-things-rich-people-need-to-stop-saying_p2/?wa_user1=1&wa_user2=News&wa_user3=blog&wa_user4=trending_now

Love that article.

it's really good, isn't it?

At some point Britain is going to regret sitting by and letting the govt basically give up democratic accountability for seemingly every single public service imaginable and even the widespread low-level moaning from all quarters won't be enough to persuade any politician to do anything other than go "it's out of our hands now". For gas and railways read NHS and school system, what joy.

since the companies that essentially run the country aren't accountable, it wd be remiss of the Tories to leave out whatever they leave of the welfare state

What are we supposed to do, though? I mean, what do we do now? Yes, that's a rhetorical question, but it's like... I voted the best option I could. I wrote to my MP. I adopted a lord and wrote to her, too. I went and marched politely on little demos. I signed half a dozen different petitions, I did many of the things 38degrees recommended. What the fuck else are we supposed to do? It's just the sense of utter powerlessness in all this that's not just frustrating but utterly dispiriting. How do you make people accountable?

Have the unformed notion that answer lies somewhere along the path of following the money.

On that note, just saw this on the twitter http://socialinvestigations.blogspot.co.uk/2012/02/nhs-privatisation-compilation-of.html?m=1

enshrining the wkend a bit is a good thing imo. working sundays makes yr social life wither & as compensation you get an exciting empty tuesday to enjoy w/ no one else you know.

The budget will usher in major changes to the way UK-based multinationals are taxed on profits from their overseas subsidiaries, as well as huge cuts in corporation tax. Over the lifetime of this parliament, about £20bn will be lost in tax receipts as a result, according to the Treasury's own estimates.

lmao that is just horrific

james, do you think you could start a separate thread to post links to outrageous national newspaper articles/outrageous comments on national newspaper articles/outrageous tweets?

20bn lost in tax receipts as a direct result, with nothing gained? what an amazing decision by the govt, they must rly h8 money.

It's bad news for the quiz machines NV:

A new machine games duty to be introduced.

20 percent? wankers

otoh no change on alcohol duty, encouraging you to stay at the bar instead

From midnight tonight, new stamp duty level of 7% for homes worth more than £2 million.

oh thank fuck something for hard-working families

osborne's face during miliband is picture of petulance

http://news.bbcimg.co.uk/media/images/59219000/jpg/_59219185_014317284-1.jpg

leave it gripper! 'e ain't wurf it!

PASTY TAX?!?!?!?

http://robscornishblog.blogspot.co.uk/2012/03/osbornes-pasty-tax-hidden-in-budget.html

That's it, I'm joining Mebyon Kernow, I fully support secession over this.

Brutal Sun front page today, I'd assumed they'd carry on cheering Osborne no matter what he did. The whole 'granny tax' thing is a pretty stupid blunder all things considered.

A warning shot I guess, the tories have racked up a good deal of 'debt' with Murdoch, and haven't been able to pay back in favours nearly as much as was planned. Levenson inquiry may put them in a still more awkward spot.

It makes me wonder why I voted for this lot — Sun cabbie Grant Davis's disgust at the Budget

Because you're easily led and The Sun lied to you and told you to vote in these clueless fucks who are clearly and avariciously at odds with your best interests.

nice to see the sun not doing anything until after the budget was sorted. kudos to them on absolutely ignoring it when they could have been drumming up some good old fashioned community outrage at something they totally disagree with.

if yr community gets its outrage from the sun, move

its part of how the tories made it there in the first place to fuck shit up

just think, tho, if Sun cabbie Grant Davis pursued the sapling of thought above to its logical end... "I wonder why I voted Tory? Is it because the Sun told me to? I wonder what else they've been wrong about? I wonder why it's in their interest to facilitate a Tory government?"

by your logic dmac we should all live in merseyside. i've only been there twice, but i do like it.

part, sure, not sure tbh how big a part. nulab had come to the end of the line regardless of bottom level media political discourse. blame blair, brown, libdems, voters before you pick the sun as the embodiment of political leverage.

xp you've rumbled me, i am a scouse expansionist

Just seen that Scum front page and, well, it's a bit strained, no?

http://a2.sphotos.ak.fbcdn.net/hphotos-ak-ash3/540295_10150634354723354_542603353_9299795_1529827808_n.jpg

it may be the case that people vote for political parties because they are ignorant sheep who do what a newspaper tells them but i'm not sure how knowing this will advance economic democracy tbh

Hey, the Star is supportive:
http://images.dailystar-uk.co.uk/dynamic/pixfeed/covers/257x330front/2012-03-22.jpg

surprised to see nothing here about this latest hoo ha

perhaps it's because it's so utterly unsurprising

but still

sometimes the cynicism and disingenuousness on all sides is just too exhausting

quotes that summarise etc

Murdoch was going ham on Cameron on Twitter earlier today. Kind of intrigued as to how this is going to play out.

i love cameron's "that guy's not privy to anything, he was talking above his station, that's simply not how things are done round our way"

when the guy was TREASURER OF THE TORY PARTY

A warning shot I guess, the tories have racked up a good deal of 'debt' with Murdoch, and haven't been able to pay back in favours nearly as much as was planned.

i think the latest drama is another case of murdoc rattling his cage and sending a message to tory hq as to who still runs the show.

of all Osborne's cuntish traits i think "hasn't bought a pasty at Gregg's" is pretty far down the list