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Post by Totheleft on Apr 29, 2024 17:14:37 GMT
Ha ha Rebirth ,Data,B4 Wants to be taken Seriously posting from the Sun . Lol
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Post by Totheleft on Apr 29, 2024 17:16:40 GMT
It just goes to show that he responds without thinking and has little awareness of what goes on outside of his tiny circle. Ha ha ha, are you really that thick. Yep he his
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Post by Totheleft on Apr 29, 2024 17:24:09 GMT
Yes - real terms increases Looking more recently, since the Conservative party has been in power (2015/16), spending has increased by 2.8 per cent a year on average
in real terms.We been though this before the rate of increase is the lowest ever . The only time it equaled the Annual increase of previous Governments including torys Government was in 2020 Covid .
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Post by Pacifico on Apr 29, 2024 17:41:18 GMT
Pension holidays were forced on the pension funds by the Treasury - if people were living longer then they needed decent pensions. Labour knew they were going to devastate the pensions of millions and yet they still went ahead - scum that they are. Not true, pension fund holidays was the choice of the bosses, there was no other reason for them other than the funds in the saving were bursting at their seems. You refusal to see the obvious makes your posts worthless, people living longer than expected when final salary pensions were introduced meant they were no longer affordable. Its all been gone through many times in the past. Your last comment is the epitome stupidity. The sort expected from so many scummy Conservatives. No you are wrong yet again. Pension holidays were forced due to the amount of money flowing into pension funds - the Treasury thought that the funds were getting too well funded and that it was becoming tax avoidance for companies. You seem to have very little grasp of the subject if you dont mind me saying. Other political decisions also played a role. In 1988, Margaret Thatcher’s chancellor, Nigel Lawson, imposed a tax on pension fund surpluses in a bid to stop pension schemes taking advantage of excessive tax relief to build up their reserves.
In order to avoid this tax, many firms took a payment “holiday” from contributing to reserves which depleted rainy day pension fund surpluses.
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Post by Pacifico on Apr 29, 2024 17:44:27 GMT
Yes - real terms increases Looking more recently, since the Conservative party has been in power (2015/16), spending has increased by 2.8 per cent a year on average
in real terms.We been though this before the rate of increase is the lowest ever . The only time it equaled the Annual increase of previous Governments including torys Government was in 2020 Covid . It is still higher than the growth in the economy - if you double it and keep increasing spending on the NHS eventually it will account for 100% of Government spending. Increases at that rate are unsustainable.
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Post by andrewbrown on Apr 29, 2024 19:01:26 GMT
There has been no growth in the economy, because austerity failed. Even the Tories ditched it.
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Post by see2 on Apr 29, 2024 20:00:11 GMT
Not true, pension fund holidays was the choice of the bosses, there was no other reason for them other than the funds in the saving were bursting at their seems. You refusal to see the obvious makes your posts worthless, people living longer than expected when final salary pensions were introduced meant they were no longer affordable. Its all been gone through many times in the past. Your last comment is the epitome stupidity. The sort expected from so many scummy Conservatives. No you are wrong yet again. Pension holidays were forced due to the amount of money flowing into pension funds - the Treasury thought that the funds were getting too well funded and that it was becoming tax avoidance for companies. You seem to have very little grasp of the subject if you dont mind me saying. Other political decisions also played a role. In 1988, Margaret Thatcher’s chancellor, Nigel Lawson, imposed a tax on pension fund surpluses in a bid to stop pension schemes taking advantage of excessive tax relief to build up their reserves.
In order to avoid this tax, many firms took a payment “holiday” from contributing to reserves which depleted rainy day pension fund surpluses.
Oh! so you are admitting that pension funds were full to bursting ha ha. And then wonder why Brown chose to tax the unearned income part. Three things wrong with your search for excuses. 1. The cash that should have gone into the pension funds was paid out to the investors. 2. The company stopped paying their own contribution into the fund but still took the cash for the fund from the workforce. 3. There was no legislation forcing the Bosses to take a pension fund holiday, or to behave in such a dastardly way. I don't mind you scraping around looking for excuses. So that evil Mr. Brown was not the first to take tax in that area.
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Post by see2 on Apr 29, 2024 20:02:46 GMT
We been though this before the rate of increase is the lowest ever . The only time it equaled the Annual increase of previous Governments including torys Government was in 2020 Covid . It is still higher than the growth in the economy - if you double it and keep increasing spending on the NHS eventually it will account for 100% of Government spending. Increases at that rate are unsustainable. Well if you have an excuse for it, why spend so much time denying it?
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Deleted
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Post by Deleted on Apr 29, 2024 20:45:31 GMT
Ha ha ha, are you really that thick. Yep he his This must be what Andrewbrown means by trolling. Only that it's from his own party.
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Post by Totheleft on Apr 29, 2024 20:47:39 GMT
This must be what Andrewbrown means by trolling. Only that it's from his own party. What replying to Some one question is Trolling It is a Forum you know .
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Post by The Squeezed Middle on Apr 29, 2024 20:48:59 GMT
This must be what Andrewbrown means by trolling. Only that it's from his own party. What replying to Some one question is Trolli6. It is a Forum you know . You're off your trolli6.🙄
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Post by Deleted on Apr 29, 2024 21:38:43 GMT
Yes, it wouldn't be so bad if the Labour Party trolls had a basic understanding of grammar and punctuation before accusing others of being thick. I guess it's a troll that requires no response, since they end up defeating themselves.
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Post by Totheleft on Apr 29, 2024 21:40:01 GMT
Yes, it wouldn't be so bad if the Labour Party trolls had a basic understanding of grammar and punctuation before accusing others of being thick. I guess it's a troll that requires no response, since they end up defeating themselves. Love you Sweetheart
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Post by Pacifico on Apr 29, 2024 21:42:37 GMT
There has been no growth in the economy, because austerity failed. Even the Tories ditched it. What austerity? - the Tories doubled the National Debt. If you believe that borrowing and spending on that scale is austerity then a padded room awaits..
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Post by Pacifico on Apr 29, 2024 21:46:14 GMT
No you are wrong yet again. Pension holidays were forced due to the amount of money flowing into pension funds - the Treasury thought that the funds were getting too well funded and that it was becoming tax avoidance for companies. You seem to have very little grasp of the subject if you dont mind me saying. Other political decisions also played a role. In 1988, Margaret Thatcher’s chancellor, Nigel Lawson, imposed a tax on pension fund surpluses in a bid to stop pension schemes taking advantage of excessive tax relief to build up their reserves.
In order to avoid this tax, many firms took a payment “holiday” from contributing to reserves which depleted rainy day pension fund surpluses.
Oh! so you are admitting that pension funds were full to bursting ha ha. And then wonder why Brown chose to tax the unearned income part. You really are rather thick. All pension fund returns are unearned income - if you don't realise this basic fact you have no business commenting on the damage that the Labour Party did to the pensions of millions of working people in the the UK.
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