The next Government

Who will form the next government


  • Total voters
    56
  • Poll closed .
5 Billion surplus , but this can and will turn very quickly, Scope though to help people in septembers budget but
vital to hold something back,
 

PROCNA2018

Full Member
5 Billion surplus , but this can and will turn very quickly, Scope though to help people in septembers budget but
vital to hold something back,
The vital to hold something back mantra will be chanted more and more as budget time approaches.
Should we splurge? No. But there is ample scope to help people with that surplus in a meaningful way.

Maybe we could scrap the temporary universal social charge.
Maybe we could kill off the extra price hike on cars.
Maybe we could remove some of the duty on petrol and diesel.
 
5 Billion surplus , but this can and will turn very quickly, Scope though to help people in septembers budget but
vital to hold something back,
Russia is fighting a commodities war with the Western world and something will have to give on energy and social welfare for the most vulnerable as we are likely to get a recession in Europe later this year.

E.U. gas storages just surpassed 70% filling level. Good to see that governments are determined to get this to 80-90% before winter, despite the extremely high price.

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The vital to hold something back mantra will be chanted more and more as budget time approaches.
Should we splurge? No. But there is ample scope to help people with that surplus in a meaningful way.

Maybe we could scrap the temporary universal social charge.
Maybe we could kill off the extra price hike on cars.
Maybe we could remove some of the duty on petrol and diesel.
Talk of another once off energy credit, extending free GP childcare , A social welfare xmas type bonus,
 
Maybe we could scrap the temporary universal social charge.
Maybe we could kill off the extra price hike on cars.
Maybe we could remove some of the duty on petrol and diesel.
No, this as a universal tax is unavoidable and excellent for bringing in funds and the lower paid pay little tax anyway and the rich have to pay it no matter what.

I am sure fuel excise duties could be looked at again and reducing charges to people on many Govt. controlled items would be a good idea.
 
No, this as a universal tax is unavoidable and excellent for bringing in funds and the lower paid pay little tax anyway and the rich have to pay it no matter what.

I am sure fuel excise duties could be looked at again and reducing charges to people on many Govt. controlled items would be a good idea.
If the (temporary) USC needs to be kept, they should change it to the UPC (Universal Pension Contribution).
Cut one third of the current USC (therefore going directly back into the pockets of taxpayers), take the other two thirds and put it into a sovereign wealth fund to pay pensions, of which there is a gigantic cliff edge on the horizon.
This will allow people to see that they are getting (and keeping) their income and not seeing a crippling USC being swallowed into overall tax take of the state. People wont have to worry about having to budget for the extra pension cost burden when pension auto enrollment commences shortly. It will allow the current generation rent to have some sort of income in their old age because they wont have a property as an asset in their old age.
 
The Public and Civil Service will surely get a cut off this. Perhaps something like an 8 to 10% over two years.
Why would any Government sign up to an 8 or 10% commitment for the P.S. when the P.S. unions and the Govt are talking about a 5% raise?

Shoving a big pay increase during an inflationary period is just poor economics.
 

PROCNA2018

Full Member
No, this as a universal tax is unavoidable and excellent for bringing in funds and the lower paid pay little tax anyway and the rich have to pay it no matter what.

I am sure fuel excise duties could be looked at again and reducing charges to people on many Govt. controlled items would be a good idea.
So then he should be honest and say the USC temporary nature was never the intent and it was a stealth tax and not just for the crash.
 
If the (temporary) USC needs to be kept, they should change it to the UPC (Universal Pension Contribution).
Cut one third of the current USC (therefore going directly back into the pockets of taxpayers), take the other two thirds and put it into a sovereign wealth fund to pay pensions, of which there is a gigantic cliff edge on the horizon.
This will allow people to see that they are getting (and keeping) their income and not seeing a crippling USC being swallowed into overall tax take of the state. People wont have to worry about having to budget for the extra pension cost burden when pension auto enrollment commences shortly.
That makes total sense but the parties on the left want to spend everything now to alleviate the current issues (Everything in "crisis") but politically difficult as the Govt. parties will want to hand out the goodies before the next election while trying to appear responsible and not take the State over a cliff again.
 

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